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

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