LOLC Finance PLC (COSE:LOFC.N0000)

LOLC Finance Income Statement

Financials in millions LKR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest and Dividend Income	68,318	75,006	69,040	30,570	33,762
Total Interest Expense	26,211	37,019	36,125	8,980	12,447
Net Interest Income	42,106	37,987	32,915	21,590	21,315
Commissions and Fees	2,587	-	-	-	-
Gain (Loss) on Sale of Investments	2,011	3,941	51.67	518.07	425.52
Other Revenue	-	828.29	-2,434	2,088	505.71
Revenue Before Loan Losses	46,705	42,756	30,533	24,196	22,246
Provision for Loan Losses	-7,143	1,626	178.97	1,917	15,933
Revenue	53,847	41,130	30,354	22,279	6,313
Revenue Growth (YoY)	30.92%	35.50%	36.24%	252.90%	-48.11%
Salaries & Employee Benefits	7,941	6,886	6,058	3,565	3,157
Cost of Services Provided	-	13,615	12,002	6,733	6,922
Other Operating Expenses	19,948	1,488	2,921	-2,012	-5,191
Total Operating Expenses	29,193	23,175	21,716	8,493	5,020
Operating Income	24,654	17,955	8,638	13,787	1,293
Earnings From Equity Investments	22.83	33.93	-895.11	-	-
Currency Exchange Gain (Loss)	-	-550.78	7,521	-1,905	251.78
EBT Excluding Unusual Items	25,055	17,174	14,927	11,879	1,375
Gain (Loss) on Sale of Investments	-	-2,767	-3,108	-1,073	-238.65
Pretax Income	25,055	21,547	15,393	17,743	4,497
Income Tax Expense	-	-	-	792.05	130.84
Net Income	25,055	21,547	15,393	16,951	4,366
Net Income to Common	25,055	21,547	15,393	16,951	4,366
Net Income Growth	16.28%	39.98%	-9.19%	288.25%	15.51%
Shares Outstanding (Basic)	32,967	33,079	21,487	5,250	5,250
Shares Outstanding (Diluted)	32,967	33,079	21,487	5,250	5,250
Shares Change (YoY)	-0.34%	53.95%	309.27%	-	7.58%
EPS (Basic)	0.76	0.65	0.72	3.23	0.83
EPS (Diluted)	0.76	0.65	0.72	3.23	0.83
EPS Growth	16.67%	-9.08%	-77.81%	288.25%	7.37%
Free Cash Flow	-11,749	17,543	19,448	-4,062	37,520
Free Cash Flow Per Share	-0.36	0.53	0.91	-0.77	7.15
Operating Margin	45.78%	43.65%	28.46%	61.88%	20.48%
Profit Margin	46.53%	52.39%	50.71%	76.08%	69.16%
Free Cash Flow Margin	-21.82%	42.65%	64.07%	-18.23%	594.32%
Effective Tax Rate	-	-	-	4.46%	2.91%

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.