Cochlear Limited (ASX: COH)

Cochlear Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,956	1,641	1,493	1,352	1,427
Revenue Growth (YoY)	19.17%	9.90%	10.43%	-5.21%	4.62%
Cost of Revenue	488	411	410.2	344.4	351.1
Gross Profit	1,468	1,230	1,083	1,008	1,076
Selling, General & Admin	810.4	657.7	560.2	563.8	545.7
Research & Development	244.9	210.7	195	185.1	184.4
Other Operating Expenses	-3.1	31.1	64.3	-458.5	24.6
Operating Expenses	1,055	868.4	755.2	748.9	705.5
Operating Income	412.4	361.7	327.9	259	352.9
Interest Income	16.5	2.4	3.6	1.6	4.5
Interest Expense	9.4	8.6	12	10.5	5.2
Other Expense / Income	22.9	-38.3	-45	521.2	-13.4
Pretax Income	396.8	393.8	363.5	-269.9	365.6
Income Tax	96	104.7	38	-32.8	88.9
Net Income	300.6	289.1	326.5	-238.3	276.7
Net Income Growth	3.98%	-11.45%	-	-	12.57%
Shares Outstanding (Basic)	66	66	66	58	58
Shares Outstanding (Diluted)	66	66	66	60	58
Shares Change	0.19%	0.06%	10.23%	3.33%	0.19%
EPS (Basic)	4.57	4.40	4.93	-4.13	4.81
EPS (Diluted)	4.56	4.40	4.93	-4.00	4.79
EPS Growth	3.64%	-10.75%	-	-	12.18%
Free Cash Flow	266.5	299.3	198.7	-288.3	236.1
Free Cash Flow Per Share	4.04	4.55	3.02	-4.83	4.09
Gross Margin	75.05%	74.96%	72.53%	74.53%	75.39%
Operating Margin	21.09%	22.04%	21.96%	19.15%	24.74%
Profit Margin	15.37%	17.62%	21.86%	-17.62%	19.39%
Free Cash Flow Margin	13.63%	18.24%	13.31%	-21.32%	16.55%
Effective Tax Rate	24.19%	26.59%	10.45%	-	24.32%
EBITDA	493.3	434.7	404.3	336.5	382.2
EBITDA Margin	25.22%	26.49%	27.07%	24.88%	26.79%
Depreciation & Amortization	80.9	73	76.4	77.5	29.3
EBIT	412.4	361.7	327.9	259	352.9
EBIT Margin	21.09%	22.04%	21.96%	19.15%	24.74%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.