Tanzania Cigarette Public Limited Company (DAR: TCC)

Tanzania Cigarette Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	436,385	373,527	340,604	312,855	279,354	309,771
Revenue Growth (YoY)	21.43%	9.67%	8.87%	11.99%	-9.82%	5.23%
Cost of Revenue	176,390	169,430	149,763	140,907	128,622	133,875
Gross Profit	259,995	204,097	190,841	171,948	150,732	175,896
Selling, General & Admin	95,344	98,318	84,582	86,112	86,577	89,467
Operating Expenses	95,342	98,313	84,502	87,154	86,674	89,467
Operating Income	164,653	105,784	106,339	84,794	64,058	86,429
Interest Expense	-5,302	-3,322	-2,054	-1,549	-1,484	-145
Interest & Investment Income	1,315	885	416	954	1,122	2,081
Other Non Operating Income (Expenses)	-13,519	-4,365	-4,105	-2,705	-10,135	-10,181
EBT Excluding Unusual Items	147,147	98,982	100,596	81,494	53,561	78,184
Gain (Loss) on Sale of Assets	50.5	101	6,168	4,841	529	-
Pretax Income	147,198	99,083	106,764	86,335	54,090	78,184
Income Tax Expense	47,238	32,850	37,558	26,780	18,166	26,936
Net Income	99,960	66,233	69,206	59,555	35,924	51,248
Net Income to Common	99,960	66,233	69,206	59,555	35,924	51,248
Net Income Growth	44.85%	-4.30%	16.21%	65.78%	-29.90%	6.91%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	999.93	662.33	692.06	595.55	359.24	512.48
EPS (Diluted)	999.93	662.33	692.06	595.55	359.24	512.48
EPS Growth	44.83%	-4.30%	16.21%	65.78%	-29.90%	6.91%
Free Cash Flow	68,372	66,943	55,863	51,266	47,142	60,177
Free Cash Flow Per Share	683.94	669.43	558.63	512.66	471.42	601.77
Dividend Per Share	100.000	500.000	670.000	550.000	550.000	500.000
Dividend Growth	-90.65%	-25.37%	21.82%	0%	10.00%	0%
Gross Margin	59.58%	54.64%	56.03%	54.96%	53.96%	56.78%
Operating Margin	37.73%	28.32%	31.22%	27.10%	22.93%	27.90%
Profit Margin	22.91%	17.73%	20.32%	19.04%	12.86%	16.54%
Free Cash Flow Margin	15.67%	17.92%	16.40%	16.39%	16.88%	19.43%
EBITDA	173,736	116,928	120,632	98,501	77,240	99,925
EBITDA Margin	39.81%	31.30%	35.42%	31.48%	27.65%	32.26%
D&A For EBITDA	9,083	11,144	14,293	13,707	13,182	13,496
EBIT	164,653	105,784	106,339	84,794	64,058	86,429
EBIT Margin	37.73%	28.32%	31.22%	27.10%	22.93%	27.90%
Effective Tax Rate	32.09%	33.15%	35.18%	31.02%	33.58%	34.45%
Advertising Expenses	-	5,597	4,946	2,830	1,256	-

Source: S&P Capital IQ. Standard template. Financial Sources.