Magellan Financial Group Limited (ASX:MFG)

Magellan Financial Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	247.32	278.35	343	605.64	667.11
Other Revenue	71.38	100.2	87.76	-55.56	52.75
Revenue	318.71	378.54	430.76	550.08	719.86
Revenue Growth (YoY)	-15.81%	-12.12%	-21.69%	-23.59%	3.61%
Cost of Revenue	74.38	72.77	92.12	88.65	70.51
Gross Profit	244.33	305.77	338.64	461.43	649.35
Selling, General & Admin	32.98	30.98	31.87	36.97	32.5
Other Operating Expenses	3.33	3.96	5.26	4.18	3.04
Operating Expenses	40.44	38.9	43.17	48.29	42.61
Operating Income	203.89	266.87	295.47	413.13	606.74
Interest Expense	-0.27	-1.04	-1.5	-0.55	-0.63
Earnings From Equity Investments	31.14	10.3	-12.45	8.38	-41.72
Currency Exchange Gain (Loss)	0.24	0.08	0.89	3.45	-4.85
Other Non Operating Income (Expenses)	-	61.06	-26.58	20.91	-216.32
EBT Excluding Unusual Items	235	337.27	255.83	445.33	343.22
Merger & Restructuring Charges	-	-	-	-	-5.98
Gain (Loss) on Sale of Investments	-1.59	0.08	-0.26	50.66	-
Other Unusual Items	-1.35	-	-0	-	-
Pretax Income	232.05	337.35	255.57	495.99	337.24
Income Tax Expense	67.03	98.59	72.92	112.98	72.09
Net Income	165.02	238.76	182.66	383.01	265.16
Net Income to Common	165.02	238.76	182.66	383.01	265.16
Net Income Growth	-30.88%	30.72%	-52.31%	44.45%	-33.08%
Shares Outstanding (Basic)	178	181	183	185	183
Shares Outstanding (Diluted)	178	181	183	185	183
Shares Change (YoY)	-1.71%	-0.81%	-1.38%	0.95%	1.02%
EPS (Basic)	0.93	1.32	1.00	2.07	1.45
EPS (Diluted)	0.93	1.32	1.00	2.07	1.45
EPS Growth	-29.67%	31.80%	-51.67%	43.09%	-33.76%
Free Cash Flow	153.07	46.93	186.47	434.37	401.06
Free Cash Flow Per Share	0.86	0.26	1.02	2.35	2.19
Dividend Per Share	0.523	0.580	0.825	1.751	1.997
Dividend Growth	-9.83%	-29.70%	-52.88%	-12.32%	8.24%
Gross Margin	76.66%	80.77%	78.61%	83.88%	90.20%
Operating Margin	63.97%	70.50%	68.59%	75.10%	84.29%
Profit Margin	51.78%	63.07%	42.40%	69.63%	36.83%
Free Cash Flow Margin	48.03%	12.40%	43.29%	78.96%	55.71%
EBITDA	205.93	268.7	299.33	418.01	611.53
EBITDA Margin	64.61%	70.98%	69.49%	75.99%	84.95%
D&A For EBITDA	2.04	1.83	3.86	4.87	4.79
EBIT	203.89	266.87	295.47	413.13	606.74
EBIT Margin	63.97%	70.50%	68.59%	75.10%	84.29%
Effective Tax Rate	28.89%	29.23%	28.53%	22.78%	21.38%
Revenue as Reported	318.95	378.63	431.65	553.53	715.01

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.