Benso Oil Palm Plantation PLC (GHSE: BOPP)

Benso Oil Palm Plantation Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	334.57	351.61	340.5	214.17	123.82	95.62
Revenue Growth (YoY)	-11.85%	3.26%	58.98%	72.98%	29.49%	20.90%
Cost of Revenue	230.77	221.76	158.23	101.55	85.06	76.28
Gross Profit	103.8	129.85	182.27	112.62	38.76	19.34
Selling, General & Admin	33.61	30.49	22.98	14.46	10.87	7.98
Other Operating Expenses	-7.2	-5.2	-2.03	-1.55	-1.14	-0.98
Operating Expenses	26.49	25.29	20.95	13.1	9.81	7.1
Operating Income	77.31	104.57	161.32	99.52	28.95	12.24
Interest Expense	-0.38	-0.38	-0.38	-0.41	-	-
Interest & Investment Income	10.87	13.5	10.99	2.62	0.89	0.51
Currency Exchange Gain (Loss)	4.52	4.52	11.67	0.65	-0.04	-0.02
Other Non Operating Income (Expenses)	-0.05	-	-	-0.39	-0.62	-0.35
EBT Excluding Unusual Items	92.27	122.2	183.6	102.01	29.18	12.38
Gain (Loss) on Sale of Assets	0.25	0.25	-0.25	0.09	0.12	-0.06
Asset Writedown	1.37	1.37	1.62	2.69	0.08	0.75
Pretax Income	93.88	123.82	184.97	104.78	29.39	13.08
Income Tax Expense	17.53	21.01	24.62	12.36	4.69	3.42
Net Income	76.36	102.81	160.35	92.42	24.7	9.65
Net Income to Common	76.36	102.81	160.35	92.42	24.7	9.65
Net Income Growth	-44.06%	-35.88%	73.50%	274.23%	155.85%	63.25%
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35	35
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	2.19	2.95	4.61	2.66	0.71	0.28
EPS (Diluted)	2.19	2.95	4.61	2.66	0.71	0.28
EPS Growth	-44.06%	-35.88%	73.50%	274.23%	155.85%	63.25%
Free Cash Flow	32.67	125.73	86.77	22.47	18.17	3.53
Free Cash Flow Per Share	0.94	3.61	2.49	0.65	0.52	0.10
Dividend Per Share	2.235	2.332	2.074	1.062	0.213	0.056
Dividend Growth	-1.45%	12.42%	95.26%	398.97%	283.60%	63.24%
Gross Margin	31.02%	36.93%	53.53%	52.58%	31.31%	20.23%
Operating Margin	23.11%	29.74%	47.38%	46.47%	23.38%	12.80%
Profit Margin	22.82%	29.24%	47.09%	43.15%	19.95%	10.10%
Free Cash Flow Margin	9.76%	35.76%	25.48%	10.49%	14.68%	3.70%
EBITDA	89.29	114.97	168.16	104.85	33.67	16.23
EBITDA Margin	26.69%	32.70%	49.39%	48.95%	27.19%	16.97%
D&A For EBITDA	11.98	10.4	6.85	5.33	4.72	3.99
EBIT	77.31	104.57	161.32	99.52	28.95	12.24
EBIT Margin	23.11%	29.74%	47.38%	46.47%	23.38%	12.80%
Effective Tax Rate	18.67%	16.97%	13.31%	11.79%	15.97%	26.17%

Source: S&P Capital IQ. Standard template. Financial Sources.