Chorus Income Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	1,014	1,010	980	965	955
Revenue Growth (YoY)	0.40%	3.06%	1.55%	1.05%	-0.42%
Cost of Revenue	288	299	289	290	285
Gross Profit	726	711	691	675	670
Selling, General & Admin	12	11	13	11	13
Amortization of Goodwill & Intangibles	84	88	91	92	94
Operating Expenses	486	473	459	438	440
Operating Income	240	238	232	237	230
Interest Expense	-216	-225	-206	-149	-157
Interest & Investment Income	2	5	4	-	1
Other Non Operating Income (Expenses)	4	3	7	7	4
EBT Excluding Unusual Items	30	21	37	95	78
Other Unusual Items	-9	-	-6	11	-
Pretax Income	21	21	31	106	78
Income Tax Expense	17	30	6	42	27
Net Income	4	-9	25	64	51
Net Income to Common	4	-9	25	64	51
Net Income Growth	-	-	-60.94%	25.49%	-1.92%
Shares Outstanding (Basic)	435	435	443	448	446
Shares Outstanding (Diluted)	541	559	554	577	582
Shares Change (YoY)	-3.22%	0.90%	-3.99%	-0.86%	7.58%
EPS (Basic)	0.01	-0.02	0.06	0.14	0.11
EPS (Diluted)	0.01	-0.02	0.05	0.11	0.09
EPS Growth	-	-	-54.55%	22.22%	-10.00%
Free Cash Flow	160	70	28	50	-105
Free Cash Flow Per Share	0.30	0.13	0.05	0.09	-0.18
Dividend Per Share	0.575	0.475	0.425	0.350	0.250
Dividend Growth	21.05%	11.77%	21.43%	40.00%	4.17%
Gross Margin	71.60%	70.40%	70.51%	69.95%	70.16%
Operating Margin	23.67%	23.56%	23.67%	24.56%	24.08%
Profit Margin	0.39%	-0.89%	2.55%	6.63%	5.34%
Free Cash Flow Margin	15.78%	6.93%	2.86%	5.18%	-11.00%
EBITDA	647	630	603	584	575
EBITDA Margin	63.81%	62.38%	61.53%	60.52%	60.21%
D&A For EBITDA	407	392	371	347	345
EBIT	240	238	232	237	230
EBIT Margin	23.67%	23.56%	23.67%	24.56%	24.08%
Effective Tax Rate	80.95%	142.86%	19.36%	39.62%	34.62%
Advertising Expenses	12	11	13	11	13

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