Smartgroup Corporation Ltd (ASX: SIQ)

Smartgroup Corporation Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	283.48	251.61	224.7	221.8	216.33	249.84
Revenue Growth (YoY)	24.47%	11.98%	1.31%	2.53%	-13.41%	3.32%
Cost of Revenue	127	113.37	94.66	86.8	86.27	97.71
Gross Profit	156.48	138.24	130.04	135	130.06	152.12
Selling, General & Admin	46.05	37.99	35.8	31.35	32.29	32.7
Other Operating Expenses	1.65	1.5	0.88	0.64	2.77	1.57
Operating Expenses	57	47.42	44.65	44.66	59.12	59.47
Operating Income	99.48	90.82	85.39	90.34	70.94	92.65
Interest Expense	-4.76	-4.2	-2.37	-1.68	-3.54	-3.32
Interest & Investment Income	1.19	1.19	0.29	0.01	0.42	0.3
Earnings From Equity Investments	0.12	0.3	0.34	0.25	0.05	0.01
EBT Excluding Unusual Items	96.03	88.11	83.65	88.91	67.87	89.64
Merger & Restructuring Charges	-0.29	-0.02	-0.06	-2.15	-0.01	-0.56
Gain (Loss) on Sale of Investments	-	-	-	-	-5.12	-
Gain (Loss) on Sale of Assets	0.32	-	-	-1.59	-	-
Asset Writedown	-	-	-	-	-1.22	-0.37
Pretax Income	96.05	88.1	83.58	85.17	61.52	88.71
Income Tax Expense	28.81	26.18	24.8	26.36	20.2	27.26
Net Income	67.24	61.92	58.78	58.81	41.33	61.45
Net Income to Common	67.24	61.92	58.78	58.81	41.33	61.45
Net Income Growth	18.36%	5.34%	-0.05%	42.32%	-32.75%	3.65%
Shares Outstanding (Basic)	130	130	130	130	129	129
Shares Outstanding (Diluted)	130	130	130	130	129	129
Shares Change (YoY)	0.23%	0.07%	0.09%	0.08%	0.26%	1.05%
EPS (Basic)	0.52	0.48	0.45	0.45	0.32	0.48
EPS (Diluted)	0.52	0.48	0.45	0.45	0.32	0.48
EPS Growth	18.16%	5.30%	-0.22%	42.32%	-32.98%	2.59%
Free Cash Flow	64.49	58.71	60.37	65.29	56.09	101.83
Free Cash Flow Per Share	0.50	0.45	0.47	0.50	0.43	0.79
Dividend Per Share	0.335	0.315	0.320	0.365	0.345	0.430
Dividend Growth	9.84%	-1.56%	-12.33%	5.80%	-19.77%	3.61%
Gross Margin	55.20%	54.94%	57.87%	60.86%	60.12%	60.89%
Operating Margin	35.09%	36.09%	38.00%	40.73%	32.79%	37.09%
Profit Margin	23.72%	24.61%	26.16%	26.52%	19.10%	24.60%
Free Cash Flow Margin	22.75%	23.33%	26.87%	29.44%	25.93%	40.76%
EBITDA	104.61	94.58	90.15	96.5	81.33	102.93
EBITDA Margin	36.90%	37.59%	40.12%	43.51%	37.60%	41.20%
D&A For EBITDA	5.14	3.76	4.76	6.16	10.39	10.27
EBIT	99.48	90.82	85.39	90.34	70.94	92.65
EBIT Margin	35.09%	36.09%	38.00%	40.73%	32.79%	37.09%
Effective Tax Rate	30.00%	29.71%	29.67%	30.95%	32.83%	30.73%
Advertising Expenses	-	2.95	1.74	1.51	1.84	3.4

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