Mercantile Shipping Company PLC (COSE:MSL.N0000)

COSE:MSL.N0000 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
Revenue	20.2	18.44	17.2	19.69	18.83
Revenue Growth (YoY)	9.54%	7.23%	-12.63%	4.54%	3.32%
Cost of Revenue	3.06	3.26	3.17	3.08	4.69
Gross Profit	17.14	15.18	14.03	16.61	14.14
Selling, General & Admin	21.5	23.34	20.15	28.26	17.97
Other Operating Expenses	-0.21	-	-	-	-
Operating Expenses	21.29	23.44	20.24	28.26	17.97
Operating Income	-4.15	-8.26	-6.21	-11.65	-3.82
Interest Expense	-0.18	-0.43	-0.04	-0	-0.22
Interest & Investment Income	3.82	6.37	7.58	1.84	2.91
Currency Exchange Gain (Loss)	-	-0.02	0.03	0.09	-
Other Non Operating Income (Expenses)	-0	-	-	-	-0
EBT Excluding Unusual Items	-0.51	-2.34	1.35	-9.73	-1.14
Gain (Loss) on Sale of Investments	-	0.04	-	0.44	0.39
Gain (Loss) on Sale of Assets	-	-	-	-	2,796
Other Unusual Items	-	-	-	1.77	0.79
Pretax Income	-0.51	-2.3	1.35	-7.52	2,796
Income Tax Expense	-	-0.21	2.48	-2.84	-0.14
Earnings From Continuing Operations	-0.51	-2.09	-1.12	-4.68	2,796
Net Income	-0.51	-2.09	-1.12	-4.68	2,796
Net Income to Common	-0.51	-2.09	-1.12	-4.68	2,796
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
EPS (Basic)	-0.18	-0.73	-0.40	-1.65	982.75
EPS (Diluted)	-0.18	-0.73	-0.40	-1.65	982.75
Free Cash Flow	-1.96	-7.91	-4	3.13	-2.62
Free Cash Flow Per Share	-0.69	-2.78	-1.41	1.10	-0.92
Gross Margin	84.86%	82.32%	81.56%	84.36%	75.09%
Operating Margin	-20.52%	-44.77%	-36.13%	-59.19%	-20.31%
Profit Margin	-2.51%	-11.33%	-6.54%	-23.78%	14845.50%
Free Cash Flow Margin	-9.71%	-42.86%	-23.25%	15.91%	-13.90%
EBITDA	-1.57	-5.64	-3.6	-9.08	0.25
EBITDA Margin	-7.75%	-30.60%	-20.94%	-46.13%	1.33%
D&A For EBITDA	2.58	2.61	2.61	2.57	4.07
EBIT	-4.15	-8.26	-6.21	-11.65	-3.82
EBIT Margin	-20.52%	-44.77%	-36.13%	-59.19%	-20.31%
Effective Tax Rate	-	-	183.29%	-	-

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.