Spinneys 1961 Holding plc (DFM: SPINNEYS)

Spinneys 1961 Holding Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,015	2,871	2,630	2,523
Revenue Growth (YoY)	19.53%	9.16%	4.26%	-
Cost of Revenue	1,738	1,666	1,545	1,509
Gross Profit	1,278	1,205	1,085	1,013
Selling, General & Admin	708.76	662	593.28	551.9
Operating Expenses	932.57	894.18	811.78	762
Operating Income	345.02	311.03	273.57	251.1
Interest Expense	-47.31	-44.55	-36.38	-38.89
Interest & Investment Income	5.39	-	-	0.7
Currency Exchange Gain (Loss)	1.09	1.09	0.21	2.88
Other Non Operating Income (Expenses)	12.2	11.58	9.22	6.55
EBT Excluding Unusual Items	316.39	279.16	246.62	222.33
Impairment of Goodwill	-2.52	-3.46	-3.04	-1.6
Gain (Loss) on Sale of Assets	4.26	4.26	2.59	1.75
Asset Writedown	-30.11	-26.65	-31.16	-29.16
Other Unusual Items	2.29	2.29	0.1	0.04
Pretax Income	290.3	255.59	215.11	193.36
Income Tax Expense	16.67	1.28	0.84	1.18
Earnings From Continuing Operations	273.63	254.32	214.27	192.18
Minority Interest in Earnings	7.33	1.84	-	-
Net Income	280.96	256.15	214.27	192.18
Net Income to Common	280.96	256.15	214.27	192.18
Net Income Growth	46.20%	19.54%	11.50%	-
Shares Outstanding (Basic)	404	404	-	-
Shares Outstanding (Diluted)	404	404	-	-
EPS (Basic)	0.69	0.63	-	-
EPS (Diluted)	0.69	0.63	-	-
Free Cash Flow	743.34	682.11	307.28	399.31
Free Cash Flow Per Share	1.84	1.69	-	-
Dividend Per Share	0.084	0.055	-	-
Gross Margin	42.37%	41.98%	41.27%	40.16%
Operating Margin	11.44%	10.83%	10.40%	9.95%
Profit Margin	9.32%	8.92%	8.15%	7.62%
Free Cash Flow Margin	24.65%	23.76%	11.68%	15.83%
EBITDA	399.41	366.7	328.22	305.88
EBITDA Margin	13.25%	12.77%	12.48%	12.13%
D&A For EBITDA	54.4	55.67	54.65	54.78
EBIT	345.02	311.03	273.57	251.1
EBIT Margin	11.44%	10.83%	10.40%	9.95%
Effective Tax Rate	5.74%	0.50%	0.39%	0.61%
Revenue as Reported	3,015	2,871	2,630	2,523

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