LOLC Finance PLC (COSE: LOFC.N0000)

LOLC Finance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	73,020	75,006	69,040	30,570	33,762	38,082
Total Interest Expense	33,643	37,019	36,125	8,980	12,447	19,271
Net Interest Income	39,377	37,987	32,915	21,590	21,315	18,810
Gain (Loss) on Sale of Investments	3,941	3,941	51.67	518.07	425.52	624.38
Other Revenue	828.29	828.29	-2,434	2,088	505.71	571.9
Revenue Before Loan Losses	44,146	42,756	30,533	24,196	22,246	20,007
Provision for Loan Losses	1,921	1,626	178.97	1,917	15,933	7,841
Revenue	42,226	41,130	30,354	22,279	6,313	12,165
Revenue Growth (YoY)	26.06%	35.50%	36.24%	252.90%	-48.11%	-27.72%
Salaries & Employee Benefits	7,040	6,886	6,058	3,565	3,157	2,972
Cost of Services Provided	13,781	13,615	12,002	6,733	6,922	7,865
Other Operating Expenses	1,839	1,488	2,921	-2,012	-5,191	-462.87
Total Operating Expenses	24,006	23,175	21,716	8,493	5,020	10,575
Operating Income	18,220	17,955	8,638	13,787	1,293	1,590
Earnings From Equity Investments	44.22	33.93	-895.11	-	-	-
Currency Exchange Gain (Loss)	-550.78	-550.78	7,521	-1,905	251.78	-290.67
EBT Excluding Unusual Items	18,781	17,174	14,927	11,879	1,375	1,300
Gain (Loss) on Sale of Investments	-2,767	-2,767	-3,108	-1,073	-238.65	-2.38
Pretax Income	23,154	21,547	15,393	17,743	4,497	3,880
Income Tax Expense	-	-	-	792.05	130.84	99.97
Net Income	23,154	21,547	15,393	16,951	4,366	3,780
Net Income to Common	23,154	21,547	15,393	16,951	4,366	3,780
Net Income Growth	42.31%	39.98%	-9.19%	288.25%	15.51%	-36.61%
Shares Outstanding (Basic)	33,062	33,079	21,487	5,250	5,250	4,880
Shares Outstanding (Diluted)	33,062	33,079	21,487	5,250	5,250	4,880
Shares Change (YoY)	34.30%	53.95%	309.27%	-	7.58%	16.19%
EPS (Basic)	0.70	0.65	0.72	3.23	0.83	0.77
EPS (Diluted)	0.70	0.65	0.72	3.23	0.83	0.77
EPS Growth	5.97%	-9.08%	-77.81%	288.25%	7.37%	-45.44%
Free Cash Flow	25,663	17,543	19,448	-4,062	37,520	-11,790
Free Cash Flow Per Share	0.78	0.53	0.91	-0.77	7.15	-2.42
Operating Margin	43.15%	43.65%	28.46%	61.88%	20.48%	13.07%
Profit Margin	54.83%	52.39%	50.71%	76.08%	69.16%	31.07%
Free Cash Flow Margin	60.78%	42.65%	64.07%	-18.23%	594.32%	-96.92%
Effective Tax Rate	-	-	-	4.46%	2.91%	2.58%

Source: S&P Capital IQ. Financial Services template. Financial Sources.