Step One Clothing Limited (ASX:STP)

Step One Clothing Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	86.88	84.55	65.18	72.19	61.72
Revenue Growth (YoY)	2.76%	29.71%	-9.70%	16.96%	177.42%
Cost of Revenue	20.5	16.22	12.58	13.01	10.73
Gross Profit	66.38	68.33	52.6	59.17	50.98
Selling, General & Admin	49.07	49.23	41.35	48.74	39.48
Operating Expenses	50.03	49.8	41.5	55.29	47.35
Operating Income	16.35	18.54	11.11	3.88	3.63
Interest Expense	-0.01	-0.05	-	-	-0.01
Interest & Investment Income	1.24	0.87	0.44	0.03	0.02
Currency Exchange Gain (Loss)	0.73	-0.65	0.89	-0.76	-
Other Non Operating Income (Expenses)	-	-	-	-3.43	-0.49
Pretax Income	18.32	18.71	12.44	-0.28	3.15
Income Tax Expense	5.67	6.31	3.82	2.73	3.27
Net Income	12.65	12.4	8.62	-3	-0.12
Net Income to Common	12.65	12.4	8.62	-3	-0.12
Net Income Growth	2.02%	43.92%	-	-	-
Shares Outstanding (Basic)	185	185	185	173	150
Shares Outstanding (Diluted)	187	187	187	173	150
Shares Change (YoY)	-	-	7.56%	15.62%	-
EPS (Basic)	0.07	0.07	0.05	-0.02	-0.00
EPS (Diluted)	0.07	0.07	0.05	-0.02	-0.00
EPS Growth	1.96%	43.94%	-	-	-
Free Cash Flow	7.98	18.49	4.55	-8.67	6.6
Free Cash Flow Per Share	0.04	0.10	0.02	-0.05	0.04
Dividend Per Share	0.068	0.068	0.050	-	-
Dividend Growth	-	36.00%	-	-	-
Gross Margin	76.40%	80.82%	80.70%	81.97%	82.61%
Operating Margin	18.82%	21.93%	17.04%	5.38%	5.88%
Profit Margin	14.56%	14.67%	13.22%	-4.16%	-0.19%
Free Cash Flow Margin	9.19%	21.87%	6.98%	-12.01%	10.69%
EBITDA	16.69	18.78	11.13	3.89	3.64
EBITDA Margin	19.20%	22.21%	17.08%	5.39%	5.89%
D&A For EBITDA	0.34	0.24	0.03	0.01	0
EBIT	16.35	18.54	11.11	3.88	3.63
EBIT Margin	18.82%	21.93%	17.04%	5.38%	5.88%
Effective Tax Rate	30.94%	33.72%	30.73%	-	103.75%
Advertising Expenses	23.46	27.69	23.27	32.09	28.07

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