Bell Financial Group Income Statement

Financials in millions AUD. Fiscal year is January - December.

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	52.34	53.82	49.93	33.3	22.71
Total Interest Expense	20.74	23.91	18.2	7.54	3.12
Net Interest Income	31.59	29.91	31.73	25.76	19.59
Brokerage Commission	242.1	224.46	196.51	206.42	269.08
Gain on Sale of Investments (Rev)	3.2	-2.44	-1.41	-3.44	-0.67
Other Revenue	1.55	0.54	1.97	1.24	1.02
Revenue	278.44	252.47	228.8	229.98	289.03
Revenue Growth (YoY)	10.28%	10.35%	-0.51%	-20.43%	-1.52%
Salaries & Employee Benefits	159.16	144.64	132.8	131.22	165.66
Cost of Services Provided	34.17	31.7	30.39	32.63	30.48
Other Operating Expenses	22.05	21.36	19.31	18.46	18.13
Total Operating Expenses	226.59	208.47	193.45	192.97	225.92
Operating Income	51.85	44	35.35	37.01	63.12
Pretax Income	51.85	44	35.35	37.01	63.12
Income Tax Expense	15.84	13.26	11.03	11.32	19
Earnings From Continuing Ops.	36.01	30.74	24.32	25.69	44.12
Net Income	36.01	30.74	24.32	25.69	44.12
Net Income to Common	36.01	30.74	24.32	25.69	44.12
Net Income Growth	17.14%	26.38%	-5.31%	-41.78%	-5.52%
Shares Outstanding (Basic)	319	319	319	319	320
Shares Outstanding (Diluted)	319	319	319	319	320
Shares Change (YoY)	0.18%	0.01%	-0.18%	-0.36%	-0.02%
EPS (Basic)	0.11	0.10	0.08	0.08	0.14
EPS (Diluted)	0.11	0.10	0.08	0.08	0.14
EPS Growth	17.68%	26.32%	-5.00%	-41.89%	-5.50%
Free Cash Flow	79.14	-2.5	-51.94	6.62	83.85
Free Cash Flow Per Share	0.25	-0.01	-0.16	0.02	0.26
Dividend Per Share	0.095	0.080	0.070	0.070	0.110
Dividend Growth	18.75%	14.29%	-	-36.36%	4.76%
Operating Margin	18.62%	17.43%	15.45%	16.09%	21.84%
Profit Margin	12.93%	12.18%	10.63%	11.17%	15.26%
Free Cash Flow Margin	28.42%	-0.99%	-22.70%	2.88%	29.01%
Effective Tax Rate	30.55%	30.13%	31.19%	30.59%	30.10%
Revenue as Reported	299.18	276.38	247	237.52	292.15

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.