Smartgroup Corporation Ltd (ASX:SIQ)

Smartgroup Corporation Income Statement

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

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

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.