Tsogo Sun Income Statement

Financials in millions ZAR. Fiscal year is April - March.

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	10,401	10,456	10,844	10,717	8,447	5,519
Other Revenue	633	625	596	526	326	167
Revenue	11,034	11,081	11,440	11,243	8,773	5,686
Revenue Growth (YoY)	-2.42%	-3.14%	1.75%	28.16%	54.29%	-50.88%
Cost of Revenue	2,137	2,135	2,079	2,046	1,639	1,137
Gross Profit	8,897	8,946	9,361	9,197	7,134	4,549
Selling, General & Admin	568	568	546	489	337	178
Other Operating Expenses	4,991	4,978	4,977	4,802	3,832	2,621
Operating Expenses	6,243	6,239	6,235	6,057	4,952	3,643
Operating Income	2,654	2,707	3,126	3,140	2,182	906
Interest Expense	-693	-761	-802	-744	-792	-962
Interest & Investment Income	116	126	107	134	80	18
Earnings From Equity Investments	5	2	9	9	2	-8
Other Non Operating Income (Expenses)	-1	-1	-1	-	-	-
EBT Excluding Unusual Items	2,081	2,073	2,439	2,539	1,472	-46
Impairment of Goodwill	-24	-24	-43	-	-	-
Gain (Loss) on Sale of Assets	-2	-2	1	78	13	30
Asset Writedown	-390	-326	-272	98	298	50
Other Unusual Items	1	1	54	-324	-3	-12
Pretax Income	1,673	1,729	2,185	2,395	1,912	25
Income Tax Expense	537	535	640	627	478	-3
Earnings From Continuing Operations	1,136	1,194	1,545	1,768	1,434	28
Net Income to Company	1,136	1,194	1,545	1,768	1,434	28
Minority Interest in Earnings	56	50	-15	-24	-29	-7
Net Income	1,192	1,244	1,530	1,744	1,405	21
Net Income to Common	1,192	1,244	1,530	1,744	1,405	21
Net Income Growth	-12.42%	-18.69%	-12.27%	24.13%	6590.48%	-89.85%
Shares Outstanding (Basic)	1,040	1,039	1,041	1,046	1,046	1,046
Shares Outstanding (Diluted)	1,040	1,039	1,041	1,046	1,046	1,046
Shares Change (YoY)	0.05%	-0.19%	-0.48%	-	-	-0.95%
EPS (Basic)	1.15	1.20	1.47	1.67	1.34	0.02
EPS (Diluted)	1.15	1.20	1.47	1.67	1.34	0.02
EPS Growth	-12.46%	-18.54%	-11.85%	24.13%	6590.64%	-89.76%
Free Cash Flow	1,312	1,464	1,624	1,918	1,489	866
Free Cash Flow Per Share	1.26	1.41	1.56	1.83	1.42	0.83
Dividend Per Share	0.450	0.600	0.700	0.870	0.190	-
Dividend Growth	-35.71%	-14.29%	-19.54%	357.89%	-	-
Gross Margin	80.63%	80.73%	81.83%	81.80%	81.32%	80.00%
Operating Margin	24.05%	24.43%	27.32%	27.93%	24.87%	15.93%
Profit Margin	10.80%	11.23%	13.37%	15.51%	16.01%	0.37%
Free Cash Flow Margin	11.89%	13.21%	14.20%	17.06%	16.97%	15.23%
EBITDA	3,285	3,347	3,789	3,841	2,903	1,687
EBITDA Margin	29.77%	30.20%	33.12%	34.16%	33.09%	29.67%
D&A For EBITDA	631	640	663	701	721	781
EBIT	2,654	2,707	3,126	3,140	2,182	906
EBIT Margin	24.05%	24.43%	27.32%	27.93%	24.87%	15.93%
Effective Tax Rate	32.10%	30.94%	29.29%	26.18%	25.00%	-
Revenue as Reported	11,108	11,155	11,503	11,318	8,938	5,686

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