Letshego Africa Holdings Limited (BSM:LETS)

Letshego Africa Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest and Dividend Income	2,744	2,646	3,425	3,146	3,111
Total Interest Expense	1,277	1,220	1,659	1,389	1,134
Net Interest Income	1,467	1,425	1,766	1,756	1,976
Commissions and Fees	41.58	43.27	57.03	89.55	83.68
Other Revenue	486.03	447.17	430.36	351.12	200.66
Revenue Before Loan Losses	1,995	1,916	2,254	2,197	2,261
Provision for Loan Losses	124.75	533.57	84.96	222	-2.91
Revenue	1,870	1,382	2,169	1,975	2,264
Revenue Growth (YoY)	35.26%	-36.27%	9.81%	-12.75%	-8.55%
Salaries & Employee Benefits	511.82	392.55	611.6	585.94	546.24
Cost of Services Provided	24.79	23.58	52.18	58.4	40.77
Other Operating Expenses	664.49	627.01	1,058	718.95	557.39
Total Operating Expenses	1,201	1,043	1,722	1,363	1,144
Operating Income	668.67	339.17	446.66	611.85	1,119
Currency Exchange Gain (Loss)	46.91	31.53	61.42	98.91	15.59
EBT Excluding Unusual Items	715.57	370.7	127.19	752.71	1,149
Gain (Loss) on Sale of Investments	-	-	9.27	-36.03	-
Impairment of Goodwill	-	-	-	-32.8	-
Other Unusual Items	-26.02	-24.84	-1.06	-	-
Pretax Income	689.55	345.85	121.46	683.89	1,147
Income Tax Expense	405.57	284.41	270.26	332.31	417.24
Earnings From Continuing Ops.	283.98	61.44	-148.8	351.57	729.5
Earnings From Discontinued Ops.	-519.52	-154.78	-	-	-
Net Income to Company	-235.53	-93.33	-148.8	351.57	729.5
Minority Interest in Earnings	-92.36	-65.64	-52.25	-63.7	-57.95
Net Income	-327.89	-158.97	-201.05	287.88	671.55
Net Income to Common	-327.89	-158.97	-201.05	287.88	671.55
Net Income Growth	-	-	-	-57.13%	16.65%
Shares Outstanding (Basic)	2,143	2,148	2,155	2,147	2,133
Shares Outstanding (Diluted)	2,143	2,148	2,155	2,279	2,282
Shares Change (YoY)	-0.24%	-0.33%	-5.44%	-0.10%	-1.04%
EPS (Basic)	-0.15	-0.07	-0.09	0.13	0.31
EPS (Diluted)	-0.15	-0.07	-0.09	0.13	0.29
EPS Growth	-	-	-	-57.14%	17.60%
Free Cash Flow	1,231	195.36	-642.53	-468.85	-598.71
Free Cash Flow Per Share	0.57	0.09	-0.30	-0.21	-0.26
Dividend Per Share	-	-	0.051	0.155	0.170
Dividend Growth	-	-	-67.10%	-8.82%	39.34%
Operating Margin	35.76%	24.54%	20.59%	30.98%	49.45%
Profit Margin	-17.54%	-11.50%	-9.27%	14.57%	29.67%
Free Cash Flow Margin	65.82%	14.13%	-29.63%	-23.74%	-26.45%
Effective Tax Rate	58.82%	82.23%	222.51%	48.59%	36.38%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.