Magellan Financial Group Limited (ASX:MFG)

Magellan Financial Group 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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	275.46	278.35	343	605.64	667.11	675.08
Other Revenue	110.85	100.2	87.76	-55.56	52.75	19.69
Revenue	386.31	378.54	430.76	550.08	719.86	694.76
Revenue Growth (YoY)	-3.78%	-12.12%	-21.69%	-23.58%	3.61%	12.86%
Cost of Revenue	72.3	72.77	92.12	88.65	70.51	73.9
Gross Profit	314.01	305.77	338.64	461.43	649.35	620.86
Selling, General & Admin	30.69	30.98	31.87	36.97	32.5	38.57
Other Operating Expenses	3.82	3.96	5.26	4.18	3.04	3.71
Operating Expenses	38.41	38.9	43.17	48.29	42.61	49.38
Operating Income	275.6	266.87	295.47	413.13	606.74	571.48
Interest Expense	-0.46	-1.04	-1.5	-0.55	-0.63	-0.73
Earnings From Equity Investments	19.83	10.3	-12.45	8.38	-41.72	-
Currency Exchange Gain (Loss)	1.62	0.08	0.89	3.45	-4.85	-0.81
Other Non Operating Income (Expenses)	29.49	61.06	-26.58	20.91	-216.32	-54.86
EBT Excluding Unusual Items	326.09	337.27	255.83	445.33	343.22	515.08
Merger & Restructuring Charges	-	-	-	-	-5.98	-
Gain (Loss) on Sale of Investments	-1.71	0.08	-0.26	50.66	-	-
Other Unusual Items	-0.31	-	-0	-	-	-
Pretax Income	324.07	337.35	255.57	495.99	337.24	515.08
Income Tax Expense	95.36	98.59	72.92	112.98	72.09	118.86
Net Income	228.71	238.76	182.66	383.01	265.16	396.21
Net Income to Common	228.71	238.76	182.66	383.01	265.16	396.21
Net Income Growth	12.69%	30.72%	-52.31%	44.45%	-33.08%	5.11%
Shares Outstanding (Basic)	180	181	183	185	183	182
Shares Outstanding (Diluted)	180	181	183	185	183	182
Shares Change (YoY)	-0.61%	-0.81%	-1.38%	0.95%	1.02%	2.63%
EPS (Basic)	1.27	1.32	1.00	2.07	1.45	2.18
EPS (Diluted)	1.27	1.32	1.00	2.07	1.45	2.18
EPS Growth	13.36%	31.80%	-51.67%	43.09%	-33.76%	2.43%
Free Cash Flow	115.08	46.93	186.47	434.37	401.06	397.77
Free Cash Flow Per Share	0.64	0.26	1.02	2.35	2.19	2.19
Dividend Per Share	0.550	0.580	0.825	1.751	1.997	1.845
Dividend Growth	-15.38%	-29.70%	-52.88%	-12.32%	8.24%	21.54%
Gross Margin	81.28%	80.78%	78.61%	83.88%	90.20%	89.36%
Operating Margin	71.34%	70.50%	68.59%	75.10%	84.29%	82.26%
Profit Margin	59.20%	63.07%	42.40%	69.63%	36.83%	57.03%
Free Cash Flow Margin	29.79%	12.40%	43.29%	78.96%	55.71%	57.25%
EBITDA	277.37	268.7	299.33	418.01	611.53	576.43
EBITDA Margin	71.80%	70.98%	69.49%	75.99%	84.95%	82.97%
D&A For EBITDA	1.78	1.83	3.86	4.87	4.79	4.95
EBIT	275.6	266.87	295.47	413.13	606.74	571.48
EBIT Margin	71.34%	70.50%	68.59%	75.10%	84.29%	82.26%
Effective Tax Rate	29.43%	29.23%	28.53%	22.78%	21.38%	23.08%
Revenue as Reported	387.93	378.63	431.65	553.53	715.01	693.95

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