Dolla Financial Services Limited (JMSE: DOLLA)

Dolla Financial Services Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	1,324	1,172	739.74	379.05	163.46
Total Interest Expense	190.36	170.33	78.83	53.58	29
Net Interest Income	1,134	1,002	660.91	325.47	134.46
Commissions and Fees	-20.6	5.33	6.74	16.23	13.32
Revenue Before Loan Losses	1,113	1,007	667.65	341.69	147.78
Provision for Loan Losses	14.31	14.51	29.63	20.42	5.78
Revenue	1,099	992.42	638.02	321.27	142
Revenue Growth (YoY)	25.09%	55.55%	98.59%	126.25%	-
Cost of Services Provided	575.03	535.45	339.72	153.44	122.47
Total Operating Expenses	575.03	535.45	339.72	153.44	122.47
Operating Income	523.71	456.96	298.3	167.83	19.53
Currency Exchange Gain (Loss)	-7.78	-12.08	-2.66	-0.03	-7.83
Pretax Income	515.93	444.88	295.64	167.8	11.69
Income Tax Expense	39.91	25.76	15.17	38.25	1.62
Net Income	476.02	419.13	280.47	129.55	10.08
Net Income to Common	476.02	419.13	280.47	129.55	10.08
Net Income Growth	22.14%	49.44%	116.50%	1185.80%	-
Shares Outstanding (Basic)	2,500	2,500	1,551	15	15
Shares Outstanding (Diluted)	2,500	2,500	1,551	15	15
Shares Change (YoY)	25.72%	61.20%	10286.74%	0.22%	-
EPS (Basic)	0.19	0.17	0.18	8.68	0.68
EPS (Diluted)	0.19	0.17	0.18	8.68	0.68
EPS Growth	-2.85%	-7.30%	-97.92%	1183.04%	-
Free Cash Flow	236.84	173.05	238.69	68.76	29.33
Free Cash Flow Per Share	0.09	0.07	0.15	4.61	1.97
Dividend Per Share	0.061	0.086	0.058	-	-
Dividend Growth	-26.15%	49.31%	-	-	-
Operating Margin	47.66%	46.05%	46.75%	52.24%	13.75%
Profit Margin	43.32%	42.23%	43.96%	40.32%	7.10%
Free Cash Flow Margin	21.56%	17.44%	37.41%	21.40%	20.65%
Effective Tax Rate	7.74%	5.79%	5.13%	22.79%	13.84%

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