Smartgroup Corporation Ltd (ASX:SIQ)

Smartgroup Corporation Income Statement

Financials in millions AUD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	316.48	305.84	251.61	224.7	221.8	216.33
Revenue Growth (YoY)	11.64%	21.55%	11.98%	1.31%	2.53%	-13.41%
Cost of Revenue	140.32	138.01	113.37	94.66	86.8	86.27
Gross Profit	176.16	167.83	138.24	130.04	135	130.06
Selling, General & Admin	48.34	47.33	37.99	35.8	31.35	32.29
Other Operating Expenses	1.95	1.81	1.5	0.88	0.64	2.77
Operating Expenses	62.64	59.93	47.42	44.65	44.66	59.12
Operating Income	113.52	107.91	90.82	85.39	90.34	70.94
Interest Expense	-5.72	-5.42	-3.76	-2.37	-1.68	-3.54
Interest & Investment Income	2.51	2	0.75	0.29	0.01	0.42
Earnings From Equity Investments	0.18	0.2	0.3	0.34	0.25	0.05
EBT Excluding Unusual Items	110.49	104.68	88.11	83.65	88.91	67.87
Merger & Restructuring Charges	-0.38	-0.67	-0.02	-0.06	-2.15	-0.01
Gain (Loss) on Sale of Investments	-	-	-	-	-	-5.12
Gain (Loss) on Sale of Assets	3.36	3.67	-	-	-1.59	-
Asset Writedown	-	-	-	-	-	-1.22
Pretax Income	113.47	107.69	88.1	83.58	85.17	61.52
Income Tax Expense	34.05	32.09	26.18	24.8	26.36	20.2
Net Income	79.43	75.6	61.92	58.78	58.81	41.33
Net Income to Common	79.43	75.6	61.92	58.78	58.81	41.33
Net Income Growth	18.13%	22.09%	5.34%	-0.05%	42.32%	-32.75%
Shares Outstanding (Basic)	130	130	130	130	130	129
Shares Outstanding (Diluted)	130	130	130	130	130	129
Shares Change (YoY)	0.14%	0.36%	0.07%	0.09%	0.08%	0.26%
EPS (Basic)	0.61	0.58	0.48	0.45	0.45	0.32
EPS (Diluted)	0.61	0.58	0.48	0.45	0.45	0.32
EPS Growth	17.99%	21.59%	5.30%	-0.22%	42.32%	-32.98%
Free Cash Flow	83.76	66.33	56.68	60.37	65.29	56.09
Free Cash Flow Per Share	0.64	0.51	0.44	0.47	0.50	0.43
Dividend Per Share	0.395	0.375	0.315	0.320	0.365	0.345
Dividend Growth	17.91%	19.05%	-1.56%	-12.33%	5.80%	-19.77%
Gross Margin	55.66%	54.88%	54.94%	57.87%	60.86%	60.12%
Operating Margin	35.87%	35.28%	36.09%	38.00%	40.73%	32.79%
Profit Margin	25.10%	24.72%	24.61%	26.16%	26.52%	19.10%
Free Cash Flow Margin	26.47%	21.69%	22.53%	26.87%	29.44%	25.93%
EBITDA	120.92	113.74	94.58	90.15	96.5	81.33
EBITDA Margin	38.21%	37.19%	37.59%	40.12%	43.51%	37.60%
D&A For EBITDA	7.4	5.83	3.76	4.76	6.16	10.39
EBIT	113.52	107.91	90.82	85.39	90.34	70.94
EBIT Margin	35.87%	35.28%	36.09%	38.00%	40.73%	32.79%
Effective Tax Rate	30.00%	29.80%	29.71%	29.67%	30.95%	32.83%
Advertising Expenses	-	8.28	2.95	1.74	1.51	1.84

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