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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	71,176	75,006	69,040	30,570	33,762	38,082
Total Interest Expense	30,498	37,019	36,125	8,980	12,447	19,271
Net Interest Income	40,678	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	45,447	42,756	30,533	24,196	22,246	20,007
Provision for Loan Losses	472.39	1,626	178.97	1,917	15,933	7,841
Revenue	44,975	41,130	30,354	22,279	6,313	12,165
Revenue Growth (YoY)	23.34%	35.50%	36.24%	252.90%	-48.11%	-27.72%
Salaries & Employee Benefits	7,444	6,886	6,058	3,565	3,157	2,972
Cost of Services Provided	14,160	13,615	12,002	6,733	6,922	7,865
Other Operating Expenses	1,974	1,488	2,921	-2,012	-5,191	-462.87
Total Operating Expenses	25,015	23,175	21,716	8,493	5,020	10,575
Operating Income	19,960	17,955	8,638	13,787	1,293	1,590
Earnings From Equity Investments	14.92	33.93	-895.11	-	-	-
Currency Exchange Gain (Loss)	-550.78	-550.78	7,521	-1,905	251.78	-290.67
EBT Excluding Unusual Items	19,757	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	24,130	21,547	15,393	17,743	4,497	3,880
Income Tax Expense	-	-	-	792.05	130.84	99.97
Net Income	24,130	21,547	15,393	16,951	4,366	3,780
Net Income to Common	24,130	21,547	15,393	16,951	4,366	3,780
Net Income Growth	35.80%	39.98%	-9.19%	288.25%	15.51%	-36.61%
Shares Outstanding (Basic)	33,010	33,079	21,487	5,250	5,250	4,880
Shares Outstanding (Diluted)	33,010	33,079	21,487	5,250	5,250	4,880
Shares Change (YoY)	15.94%	53.95%	309.27%	-	7.58%	16.19%
EPS (Basic)	0.73	0.65	0.72	3.23	0.83	0.77
EPS (Diluted)	0.73	0.65	0.72	3.23	0.83	0.77
EPS Growth	17.14%	-9.08%	-77.81%	288.25%	7.37%	-45.44%
Free Cash Flow	-1,157	17,543	19,448	-4,062	37,520	-11,790
Free Cash Flow Per Share	-0.04	0.53	0.91	-0.77	7.15	-2.42
Operating Margin	44.38%	43.65%	28.46%	61.88%	20.48%	13.07%
Profit Margin	53.65%	52.39%	50.71%	76.08%	69.16%	31.07%
Free Cash Flow Margin	-2.57%	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.