Tess Agro PLC (COSE:TESS.X0000)

Tess Agro 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	41.38	10.76	30.73	2.48	4.99
Revenue Growth (YoY)	284.54%	-64.98%	1136.82%	-50.22%	-20.16%
Cost of Revenue	20.77	2.84	8.08	2.51	3.22
Gross Profit	20.61	7.92	22.65	-0.02	1.77
Selling, General & Admin	45.84	34.47	18.73	15.75	26.57
Other Operating Expenses	-13.96	-0.13	-0.71	-19.8	17.05
Operating Expenses	31.88	34.93	18.03	-4.05	43.62
Operating Income	-11.27	-27.01	4.62	4.03	-41.85
Interest Expense	-8.9	-11.07	-4.22	-3.52	-2.62
Interest & Investment Income	9.03	5.21	4.52	0.03	0
Currency Exchange Gain (Loss)	-2.65	4.33	-	0.02	3.81
Other Non Operating Income (Expenses)	-	0	-0	10.99	-0
EBT Excluding Unusual Items	-13.78	-28.54	4.92	11.55	-40.65
Gain (Loss) on Sale of Investments	-	-	-7.63	-	-
Asset Writedown	32.04	-	-	-	-
Pretax Income	18.25	-28.54	-2.71	11.55	-40.65
Income Tax Expense	4.23	-0.25	4.2	4.73	0.27
Net Income	14.03	-28.3	-6.91	6.82	-40.91
Net Income to Common	14.03	-28.3	-6.91	6.82	-40.91
Shares Outstanding (Basic)	744	744	558	390	390
Shares Outstanding (Diluted)	744	744	558	390	390
Shares Change (YoY)	-	33.33%	43.10%	-	-
EPS (Basic)	0.02	-0.04	-0.01	0.02	-0.10
EPS (Diluted)	0.02	-0.04	-0.01	0.02	-0.10
Free Cash Flow	-79.9	-207.44	-0.23	19.8	-9.35
Free Cash Flow Per Share	-0.11	-0.28	-	0.05	-0.02
Gross Margin	49.80%	73.58%	73.69%	-0.88%	35.55%
Operating Margin	-27.23%	-250.98%	15.03%	162.05%	-838.26%
Profit Margin	33.90%	-262.95%	-22.50%	274.52%	-819.62%
Free Cash Flow Margin	-193.09%	-1927.73%	-0.75%	797.02%	-187.27%
EBITDA	2.07	-13.51	12.63	7.57	-38.3
EBITDA Margin	5.00%	-125.53%	41.08%	304.86%	-
D&A For EBITDA	13.33	13.5	8.01	3.55	3.55
EBIT	-11.27	-27.01	4.62	4.03	-41.85
EBIT Margin	-27.23%	-250.98%	15.03%	162.05%	-
Effective Tax Rate	23.16%	-	-	40.94%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.