Codan Limited (ASX: CDA)

Codan Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	550.46	550.46	456.47	506.15	437.05	348.02
Revenue Growth (YoY)	20.59%	20.59%	-9.81%	15.81%	25.58%	28.51%
Cost of Revenue	245.23	245.23	207.03	219.8	193.91	151.48
Gross Profit	305.23	305.23	249.44	286.35	243.14	196.54
Selling, General & Admin	154.8	154.8	126.82	115.02	76.61	72.98
Research & Development	35.98	35.98	30.86	33.29	26.23	25.92
Operating Expenses	190.78	190.78	157.67	148.3	102.85	98.9
Operating Income	114.44	114.44	91.77	138.05	140.29	97.64
Interest Expense	-9.52	-9.52	-5.38	-1.75	-1.46	-0.97
Interest & Investment Income	0.09	0.09	0.05	0.01	0.39	0.38
Currency Exchange Gain (Loss)	-1.46	-1.46	-5.02	-0.66	-0.54	-0.86
Other Non Operating Income (Expenses)	1.18	1.18	0.33	0.16	0.05	0.15
EBT Excluding Unusual Items	104.72	104.72	81.76	135.81	138.73	96.33
Merger & Restructuring Charges	-	-	-	-1.61	-7.91	-
Gain (Loss) on Sale of Assets	-0.23	-0.23	0.88	1.47	-	0.21
Asset Writedown	-	-	-	-	-	-7.52
Pretax Income	104.49	104.49	82.64	135.67	130.81	89.02
Income Tax Expense	23.19	23.19	14.91	35.14	40.62	25.06
Earnings From Continuing Operations	81.3	81.3	67.73	100.53	90.2	63.96
Minority Interest in Earnings	0.09	0.09	0.05	0.21	0.15	-0.17
Net Income	81.39	81.39	67.77	100.74	90.35	63.8
Net Income to Common	81.39	81.39	67.77	100.74	90.35	63.8
Net Income Growth	20.09%	20.09%	-32.72%	11.49%	41.63%	39.70%
Shares Outstanding (Basic)	181	181	181	181	180	180
Shares Outstanding (Diluted)	182	182	181	181	181	181
Shares Change (YoY)	0.23%	0.23%	0.05%	0.03%	0.16%	0.24%
EPS (Basic)	0.45	0.45	0.37	0.56	0.50	0.35
EPS (Diluted)	0.45	0.45	0.37	0.56	0.50	0.35
EPS Growth	19.79%	19.79%	-32.73%	11.65%	41.08%	39.53%
Free Cash Flow	96.33	96.33	61.84	45.63	127.16	100.23
Free Cash Flow Per Share	0.53	0.53	0.34	0.25	0.70	0.55
Dividend Per Share	0.225	0.225	0.185	0.280	0.270	0.185
Dividend Growth	21.62%	21.62%	-33.93%	3.70%	45.95%	105.56%
Gross Margin	55.45%	55.45%	54.65%	56.57%	55.63%	56.47%
Operating Margin	20.79%	20.79%	20.10%	27.27%	32.10%	28.06%
Profit Margin	14.79%	14.79%	14.85%	19.90%	20.67%	18.33%
Free Cash Flow Margin	17.50%	17.50%	13.55%	9.02%	29.10%	28.80%
EBITDA	122.51	122.51	98.7	143.35	144.04	102.07
EBITDA Margin	22.26%	22.26%	21.62%	28.32%	32.96%	29.33%
D&A For EBITDA	8.07	8.07	6.93	5.3	3.75	4.43
EBIT	114.44	114.44	91.77	138.05	140.29	97.64
EBIT Margin	20.79%	20.79%	20.10%	27.27%	32.10%	28.06%
Effective Tax Rate	22.19%	22.19%	18.04%	25.90%	31.05%	28.15%

Source: S&P Capital IQ. Standard template. Financial Sources.