Three Acre Farms Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,364	6,177	6,198	11,121	8,317	4,870
Revenue Growth (YoY)	9.35%	-0.34%	-44.27%	33.71%	70.78%	78.18%
Cost of Revenue	4,629	4,524	4,762	8,963	7,440	4,057
Gross Profit	1,735	1,653	1,435	2,158	877.1	812.96
Selling, General & Admin	58.28	60.53	61.47	51.19	46.63	40.85
Other Operating Expenses	-266.05	-264.88	-14.8	-12.78	-14.28	-10.02
Operating Expenses	-207.77	-204.35	46.67	38.41	32.36	30.83
Operating Income	1,943	1,857	1,389	2,119	844.74	782.13
Interest Expense	-4.22	-3.37	-1.97	-0.67	-0.74	-1.24
Interest & Investment Income	626.17	617.16	831.96	507.06	293.92	161.73
Currency Exchange Gain (Loss)	-	-	-6.77	2.03	-5.33	30.05
EBT Excluding Unusual Items	2,565	2,471	2,212	2,628	1,133	972.67
Gain (Loss) on Sale of Assets	-	-	-6.77	-0.02	-0.1	-12.53
Asset Writedown	-	-	114.53	132.68	-224.67	-115.17
Pretax Income	2,565	2,471	2,320	2,760	907.82	844.97
Income Tax Expense	960.78	931.33	618.44	256.55	248.78	-113.15
Net Income	1,604	1,540	1,701	2,504	659.05	958.12
Net Income to Common	1,604	1,540	1,701	2,504	659.05	958.12
Net Income Growth	11.85%	-9.49%	-32.05%	279.91%	-31.21%	25.35%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	0.45%	0.46%	-	-	-	-
EPS (Basic)	67.81	65.10	72.26	106.34	27.99	40.69
EPS (Diluted)	67.81	65.10	72.26	106.34	27.99	40.69
EPS Growth	11.35%	-9.90%	-32.05%	279.91%	-31.21%	25.35%
Free Cash Flow	2,128	1,403	2,650	4,855	-2,739	1,200
Free Cash Flow Per Share	89.95	59.30	112.54	206.19	-116.34	50.95
Dividend Per Share	40.000	40.000	55.000	28.000	-	10.000
Dividend Growth	-27.27%	-27.27%	96.43%	-	-	-54.55%
Gross Margin	27.26%	26.76%	23.16%	19.40%	10.55%	16.69%
Operating Margin	30.53%	30.07%	22.41%	19.06%	10.16%	16.06%
Profit Margin	25.20%	24.93%	27.45%	22.51%	7.92%	19.67%
Free Cash Flow Margin	33.43%	22.71%	42.75%	43.65%	-32.93%	24.64%
EBITDA	3,085	2,905	2,262	2,954	1,718	1,559
EBITDA Margin	48.47%	47.04%	36.50%	26.57%	20.66%	32.01%
D&A For EBITDA	1,142	1,048	873.65	835.11	873.16	776.55
EBIT	1,943	1,857	1,389	2,119	844.74	782.13
EBIT Margin	30.53%	30.07%	22.41%	19.06%	10.16%	16.06%
Effective Tax Rate	37.46%	37.69%	26.66%	9.29%	27.40%	-

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