Vulcan Steel 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	948.15	1,064	1,245	972.67	731.55
Revenue Growth (YoY)	-10.91%	-14.50%	27.98%	32.96%	14.22%
Cost of Revenue	623.56	702.95	800.94	583.88	461.15
Gross Profit	324.6	361.38	443.9	388.79	270.39
Selling, General & Admin	266.1	264.18	270.28	190.91	169.87
Other Operating Expenses	-	-1.8	-	-	-0.01
Operating Expenses	266.1	262.38	270.28	190.91	169.86
Operating Income	58.5	98.99	173.61	197.87	100.53
Interest Expense	-32.7	-37.44	-35.68	-14.25	-12.56
Interest & Investment Income	0.17	0.26	0.05	0	0.01
Other Non Operating Income (Expenses)	-3.61	-2.97	-2.9	-1.5	-1.14
EBT Excluding Unusual Items	22.36	58.86	135.08	182.13	86.84
Merger & Restructuring Charges	-	-	-10.18	-0.79	-
Gain (Loss) on Sale of Assets	-	-	-	-	3.06
Pretax Income	22.36	58.86	124.9	181.33	89.9
Income Tax Expense	6.63	18.87	37	57.35	25.07
Net Income	15.73	39.99	87.9	123.98	64.83
Net Income to Common	15.73	39.99	87.9	123.98	64.83
Net Income Growth	-60.66%	-54.51%	-29.10%	91.24%	126.00%
Shares Outstanding (Basic)	132	131	131	131	131
Shares Outstanding (Diluted)	132	131	131	131	131
Shares Change (YoY)	0.22%	-	-	-	0.02%
EPS (Basic)	0.12	0.30	0.67	0.94	0.49
EPS (Diluted)	0.12	0.30	0.67	0.94	0.49
EPS Growth	-60.19%	-55.15%	-28.84%	91.84%	124.42%
Free Cash Flow	83.63	142.02	122.45	-0.06	99.79
Free Cash Flow Per Share	0.64	1.08	0.93	-	0.76
Dividend Per Share	0.060	0.240	0.550	0.650	-
Dividend Growth	-75.00%	-56.36%	-15.38%	-	-
Gross Margin	34.23%	33.95%	35.66%	39.97%	36.96%
Operating Margin	6.17%	9.30%	13.95%	20.34%	13.74%
Profit Margin	1.66%	3.76%	7.06%	12.75%	8.86%
Free Cash Flow Margin	8.82%	13.34%	9.84%	-0.01%	13.64%
EBITDA	76.59	116.97	189.35	206.39	111.4
EBITDA Margin	8.08%	10.99%	15.21%	21.22%	15.23%
D&A For EBITDA	18.09	17.97	15.74	8.52	10.87
EBIT	58.5	98.99	173.61	197.87	100.53
EBIT Margin	6.17%	9.30%	13.95%	20.34%	13.74%
Effective Tax Rate	29.65%	32.06%	29.62%	31.63%	27.89%

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