Smartgroup Corporation Income Statement

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

Millions AUD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	329.31	305.84	251.61	224.7	221.8
Revenue Growth (YoY)	7.67%	21.55%	11.98%	1.31%	2.53%
Cost of Revenue	139.06	138.01	113.37	94.66	86.8
Gross Profit	190.25	167.83	138.24	130.04	135
Selling, General & Admin	53.09	47.33	37.99	35.8	31.35
Amortization of Goodwill & Intangibles	7.52	4.17	2.91	3.9	9.32
Other Operating Expenses	1.81	1.81	1.5	0.88	0.64
Operating Expenses	70	59.93	47.42	44.65	44.66
Operating Income	120.25	107.91	90.82	85.39	90.34
Interest Expense	-5.75	-5.42	-3.76	-2.37	-1.68
Interest & Investment Income	1.66	2	0.75	0.29	0.01
Earnings From Equity Investments	-	0.2	0.3	0.34	0.25
EBT Excluding Unusual Items	116.15	104.68	88.11	83.65	88.91
Merger & Restructuring Charges	-	-0.67	-0.02	-0.06	-2.15
Gain (Loss) on Sale of Assets	-	3.67	-	-	-1.59
Pretax Income	116.15	107.69	88.1	83.58	85.17
Income Tax Expense	36.7	32.09	26.18	24.8	26.36
Net Income	79.44	75.6	61.92	58.78	58.81
Net Income to Common	79.44	75.6	61.92	58.78	58.81
Net Income Growth	5.09%	22.09%	5.34%	-0.05%	42.32%
Shares Outstanding (Basic)	130	130	130	130	130
Shares Outstanding (Diluted)	130	130	130	130	130
Shares Change (YoY)	0.04%	0.36%	0.07%	0.09%	0.08%
EPS (Basic)	0.61	0.58	0.48	0.45	0.45
EPS (Diluted)	0.61	0.58	0.48	0.45	0.45
EPS Growth	5.17%	21.59%	5.30%	-0.22%	42.32%
Free Cash Flow	84.18	66.06	56.68	60.37	65.29
Free Cash Flow Per Share	0.65	0.51	0.44	0.47	0.50
Dividend Per Share	0.410	0.375	0.315	0.320	0.365
Dividend Growth	9.33%	19.05%	-1.56%	-12.33%	5.80%
Gross Margin	57.77%	54.88%	54.94%	57.87%	60.86%
Operating Margin	36.51%	35.28%	36.09%	38.00%	40.73%
Profit Margin	24.12%	24.72%	24.61%	26.16%	26.52%
Free Cash Flow Margin	25.56%	21.60%	22.53%	26.87%	29.44%
EBITDA	126.51	113.74	94.58	90.15	96.5
EBITDA Margin	38.42%	37.19%	37.59%	40.12%	43.51%
D&A For EBITDA	6.27	5.83	3.76	4.76	6.16
EBIT	120.25	107.91	90.82	85.39	90.34
EBIT Margin	36.51%	35.28%	36.09%	38.00%	40.73%
Effective Tax Rate	31.60%	29.80%	29.71%	29.67%	30.95%
Advertising Expenses	11.23	8.28	2.95	1.74	1.51