Tanzania Cigarette Public Limited Company (DAR:TCC)

Tanzania Cigarette Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	472,091	454,629	373,527	340,604	312,855	279,354
Revenue Growth (YoY)	21.53%	21.71%	9.67%	8.87%	11.99%	-9.82%
Cost of Revenue	175,988	174,544	169,430	149,763	140,907	128,622
Gross Profit	296,103	280,085	204,097	190,841	171,948	150,732
Selling, General & Admin	99,626	97,692	98,318	84,582	86,112	86,577
Operating Expenses	99,504	97,666	98,313	84,502	87,154	86,674
Operating Income	196,599	182,419	105,784	106,339	84,794	64,058
Interest Expense	-4,029	-4,068	-3,322	-2,054	-1,549	-1,484
Interest & Investment Income	844	1,015	885	416	954	1,122
Other Non Operating Income (Expenses)	-10,466	-11,103	-4,365	-4,105	-2,705	-10,135
EBT Excluding Unusual Items	182,948	168,263	98,982	100,596	81,494	53,561
Gain (Loss) on Sale of Assets	149	149	101	6,168	4,841	529
Pretax Income	183,097	168,412	99,083	106,764	86,335	54,090
Income Tax Expense	57,024	53,139	32,850	37,558	26,780	18,166
Net Income	126,073	115,273	66,233	69,206	59,555	35,924
Net Income to Common	126,073	115,273	66,233	69,206	59,555	35,924
Net Income Growth	77.09%	74.04%	-4.30%	16.20%	65.78%	-29.90%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	1260.65	1152.73	662.33	692.06	595.55	359.24
EPS (Diluted)	1260.65	1152.73	662.33	692.06	595.55	359.24
EPS Growth	77.04%	74.04%	-4.30%	16.20%	65.78%	-29.90%
Free Cash Flow	108,372	77,576	66,943	55,863	51,266	47,142
Free Cash Flow Per Share	1083.65	775.76	669.43	558.63	512.66	471.42
Dividend Per Share	850.000	850.000	500.000	670.000	550.000	550.000
Dividend Growth	142.86%	70.00%	-25.37%	21.82%	-	10.00%
Gross Margin	62.72%	61.61%	54.64%	56.03%	54.96%	53.96%
Operating Margin	41.64%	40.13%	28.32%	31.22%	27.10%	22.93%
Profit Margin	26.71%	25.36%	17.73%	20.32%	19.04%	12.86%
Free Cash Flow Margin	22.96%	17.06%	17.92%	16.40%	16.39%	16.88%
EBITDA	208,594	194,235	116,928	120,632	98,501	77,240
EBITDA Margin	44.19%	42.72%	31.30%	35.42%	31.49%	27.65%
D&A For EBITDA	11,995	11,816	11,144	14,293	13,707	13,182
EBIT	196,599	182,419	105,784	106,339	84,794	64,058
EBIT Margin	41.64%	40.13%	28.32%	31.22%	27.10%	22.93%
Effective Tax Rate	31.14%	31.55%	33.15%	35.18%	31.02%	33.59%
Advertising Expenses	-	4,676	5,597	4,946	2,830	1,256

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