Treasury Wine Estates Income Statement

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

Millions AUD. 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	2,990	2,808	2,488	2,532	2,684
Revenue Growth (YoY)	6.47%	12.86%	-1.72%	-5.67%	0.21%
Cost of Revenue	1,569	1,542	1,397	1,466	1,597
Gross Profit	1,421	1,267	1,092	1,066	1,087
Selling, General & Admin	648.2	641.1	571.8	507.5	537.9
Other Operating Expenses	7	361.4	28.6	44.8	58.4
Operating Expenses	655.2	1,003	600.4	552.3	596.3
Operating Income	765.8	264.3	491.1	513.8	491.1
Interest Expense	-234.6	-205.1	-152.3	-122.9	-106.9
Interest & Investment Income	124.7	106.8	79.6	51.5	33.4
EBT Excluding Unusual Items	655.9	166	418.4	442.4	417.6
Merger & Restructuring Charges	-	-	-	-12.8	-
Gain (Loss) on Sale of Assets	-0.2	23.6	-	-	-
Asset Writedown	-29	-21.3	-81.4	-56.7	-59.9
Pretax Income	626.7	168.3	337	372.9	357.7
Income Tax Expense	189.9	69.3	82.7	109.7	107.7
Earnings From Continuing Operations	436.8	99	254.3	263.2	250
Minority Interest in Earnings	0.1	-0.1	0.2	-	-
Net Income	436.9	98.9	254.5	263.2	250
Net Income to Common	436.9	98.9	254.5	263.2	250
Net Income Growth	341.76%	-61.14%	-3.31%	5.28%	1.87%
Shares Outstanding (Basic)	811	779	729	722	721
Shares Outstanding (Diluted)	816	782	732	725	723
Shares Change (YoY)	4.27%	6.82%	1.00%	0.24%	0.28%
EPS (Basic)	0.54	0.13	0.35	0.36	0.35
EPS (Diluted)	0.54	0.13	0.35	0.36	0.35
EPS Growth	325.40%	-63.79%	-4.13%	4.91%	1.76%
Free Cash Flow	396.6	255.5	28.4	459.6	361.8
Free Cash Flow Per Share	0.49	0.33	0.04	0.63	0.50
Dividend Per Share	0.400	0.360	0.350	0.310	0.280
Dividend Growth	11.11%	2.86%	12.90%	10.71%	-
Gross Margin	47.52%	45.11%	43.86%	42.11%	40.52%
Operating Margin	25.61%	9.41%	19.74%	20.29%	18.30%
Profit Margin	14.61%	3.52%	10.23%	10.40%	9.31%
Free Cash Flow Margin	13.26%	9.10%	1.14%	18.15%	13.48%
EBITDA	854.1	346.5	569.5	592.2	584.8
EBITDA Margin	28.56%	12.34%	22.89%	23.39%	21.79%
D&A For EBITDA	88.3	82.2	78.4	78.4	93.7
EBIT	765.8	264.3	491.1	513.8	491.1
EBIT Margin	25.61%	9.41%	19.74%	20.29%	18.30%
Effective Tax Rate	30.30%	41.18%	24.54%	29.42%	30.11%

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