Treasury Wine Estates Limited (ASX: TWE)

Treasury Wine Estates Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,488	2,532	2,684	2,678	2,883
Revenue Growth (YoY)	-1.72%	-5.67%	0.21%	-7.10%	15.49%
Cost of Revenue	1,414	1,502	1,526	1,593	1,639
Gross Profit	1,075	1,030	1,158	1,086	1,244
Selling, General & Admin	492.8	515.8	536	604.5	564.5
Other Operating Expenses	65.3	55.1	114.3	28.7	51.4
Operating Expenses	492.8	515.8	536	604.5	582.4
Operating Income	581.8	514.1	622.3	481.2	690.5
Interest Income	79.6	51.5	33.4	54.1	85.7
Interest Expense	152.3	122.9	106.9	140	133.1
Other Expense / Income	171.9	69.8	191.1	31.2	56.5
Pretax Income	337	372.9	357.7	348.7	575.6
Income Tax	82.7	109.7	107.7	103.3	167.1
Net Income	254.5	263.2	250	260.8	419.5
Net Income Growth	-3.31%	5.28%	-4.14%	-37.83%	16.43%
Shares Outstanding (Basic)	729	729	729	727	726
Shares Outstanding (Diluted)	733	733	731	729	729
Shares Change	0.05%	0.24%	0.28%	-0.08%	-0.15%
EPS (Basic)	0.35	0.36	0.34	0.34	0.58
EPS (Diluted)	0.35	0.36	0.34	0.34	0.58
EPS Growth	-2.78%	5.88%	0%	-41.38%	18.37%
Free Cash Flow	23	449.8	350.5	222.3	329.9
Free Cash Flow Per Share	0.03	0.61	0.48	0.31	0.45
Gross Margin	43.19%	40.68%	43.16%	40.54%	43.14%
Operating Margin	23.38%	20.31%	23.19%	17.97%	23.95%
Profit Margin	10.23%	10.40%	9.31%	9.74%	14.55%
Free Cash Flow Margin	0.92%	17.77%	13.06%	8.30%	11.44%
Effective Tax Rate	24.54%	29.42%	30.11%	29.62%	29.03%
EBITDA	729.2	662.7	773	644.5	784.3
EBITDA Margin	29.31%	26.18%	28.80%	24.06%	27.20%
Depreciation & Amortization	147.4	148.6	150.7	163.3	149.9
EBIT	581.8	514.1	622.3	481.2	634.4
EBIT Margin	23.38%	20.31%	23.19%	17.97%	22.00%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.