Summerset Group Holdings Income Statement

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	340.08	318.61	270.5	236.96	202.06	172.37
Other Revenue	-	-	-	1.34	3.24	-
Revenue	340.08	318.61	270.5	238.3	205.29	172.37
Revenue Growth (YoY)	15.58%	17.79%	13.51%	16.08%	19.10%	12.13%
Cost of Revenue	306.02	284.15	247.98	211.8	178.75	137.51
Gross Profit	34.06	34.46	22.52	26.5	26.54	34.86
Selling, General & Admin	-	-	-	-	0.29	0.16
Operating Expenses	22.34	19.1	15.8	13.6	11.85	8.26
Operating Income	11.72	15.36	6.72	12.91	14.69	26.61
Interest Expense	-17.57	-13.51	-16.71	-28.78	-28.28	-7.7
Interest & Investment Income	1.29	1.29	1.7	0.41	0.06	0.05
Other Non Operating Income (Expenses)	-12.93	-12.84	-10.78	11.82	16.24	-5.8
EBT Excluding Unusual Items	-17.49	-9.7	-19.07	-3.64	2.71	13.16
Asset Writedown	363.84	365.46	430.56	268.76	540.93	217.71
Other Unusual Items	-	-	-	-	-	-9.14
Pretax Income	346.35	355.76	411.49	265.12	543.64	221.74
Income Tax Expense	-20.08	15.92	-13.84	-3.96	-0.03	-9.04
Net Income	366.43	339.84	425.33	269.07	543.66	230.78
Net Income to Common	366.43	339.84	425.33	269.07	543.66	230.78
Net Income Growth	-6.73%	-20.10%	58.07%	-50.51%	135.58%	31.67%
Shares Outstanding (Basic)	237	235	233	231	228	226
Shares Outstanding (Diluted)	238	236	233	231	230	228
Shares Change (YoY)	1.54%	1.05%	0.85%	0.74%	0.68%	0.84%
EPS (Basic)	1.54	1.45	1.83	1.17	2.38	1.02
EPS (Diluted)	1.54	1.44	1.82	1.16	2.37	1.01
EPS Growth	-8.15%	-20.93%	56.74%	-50.87%	133.98%	30.59%
Free Cash Flow	284.27	290.63	287.22	293.3	325.49	229.42
Free Cash Flow Per Share	1.19	1.23	1.23	1.27	1.42	1.01
Dividend Per Share	0.245	0.245	0.245	0.223	0.185	0.130
Dividend Growth	-	-	9.87%	20.54%	42.31%	-7.80%
Gross Margin	10.02%	10.82%	8.33%	11.12%	12.93%	20.23%
Operating Margin	3.45%	4.82%	2.48%	5.42%	7.16%	15.44%
Profit Margin	107.75%	106.66%	157.24%	112.91%	264.82%	133.88%
Free Cash Flow Margin	83.59%	91.22%	106.18%	123.08%	158.55%	133.10%
EBITDA	30.72	31.01	19.5	23.88	23.87	32.48
EBITDA Margin	9.03%	9.73%	7.21%	10.02%	11.63%	18.84%
D&A For EBITDA	18.99	15.65	12.78	10.97	9.18	5.87
EBIT	11.72	15.36	6.72	12.91	14.69	26.61
EBIT Margin	3.45%	4.82%	2.48%	5.42%	7.16%	15.44%
Effective Tax Rate	-	4.48%	-	-	-	-
Revenue as Reported	712.23	692.48	702.76	507.47	746.28	393.56

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