GraceKennedy Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	167,466	160,360	149,012	136,855	124,691	111,064
Other Revenue	7,074	6,683	5,989	4,750	4,619	4,373
Revenue	174,539	167,043	155,001	141,606	129,310	115,437
Revenue Growth (YoY)	6.70%	7.77%	9.46%	9.51%	12.02%	11.98%
Cost of Revenue	108,309	99,948	93,999	87,461	69,955	62,289
Gross Profit	66,230	67,095	61,002	54,145	59,355	53,148
Selling, General & Admin	49,181	49,181	44,582	40,257	37,359	33,524
Amortization of Goodwill & Intangibles	1,008	1,008	955.44	745.38	670.19	546.86
Other Operating Expenses	1,161	1,110	1,175	638.22	684.12	1,225
Operating Expenses	54,627	54,576	49,740	44,433	41,517	37,934
Operating Income	11,604	12,519	11,262	9,712	17,838	15,215
Interest Expense	-4,085	-4,018	-3,181	-2,402	-9,735	-8,147
Interest & Investment Income	1,961	1,915	1,659	1,173	1,012	821.34
Earnings From Equity Investments	1,111	899.95	774.13	673.19	414.91	543.53
Currency Exchange Gain (Loss)	863.44	863.44	831.39	431.18	1,410	1,427
EBT Excluding Unusual Items	11,453	12,179	11,345	9,587	10,940	9,860
Gain (Loss) on Sale of Investments	61.74	61.74	-86.43	576.13	99.68	-181.98
Gain (Loss) on Sale of Assets	7.5	7.5	13.8	54.13	-6.73	0.12
Asset Writedown	96.14	96.14	95.6	24	50.05	30.65
Other Unusual Items	-	-	-	-	593.54	-
Pretax Income	11,618	12,344	11,368	10,242	11,676	9,709
Income Tax Expense	3,419	3,481	2,989	2,626	2,736	2,852
Earnings From Continuing Operations	8,200	8,864	8,379	7,615	8,940	6,857
Net Income to Company	8,200	8,864	8,379	7,615	8,940	6,857
Minority Interest in Earnings	-298.13	-449.81	-598.07	-567.41	-748.79	-638.87
Net Income	7,901	8,414	7,781	7,048	8,192	6,218
Net Income to Common	7,901	8,414	7,781	7,048	8,192	6,218
Net Income Growth	-6.38%	8.14%	10.40%	-13.96%	31.74%	38.57%
Shares Outstanding (Basic)	987	988	990	991	990	990
Shares Outstanding (Diluted)	998	998	999	1,001	998	993
Shares Change (YoY)	0.01%	-0.06%	-0.19%	0.23%	0.49%	-0.21%
EPS (Basic)	8.01	8.52	7.86	7.11	8.27	6.28
EPS (Diluted)	7.92	8.43	7.79	7.04	8.21	6.26
EPS Growth	-6.38%	8.22%	10.65%	-14.25%	31.15%	38.80%
Free Cash Flow	5,966	15,335	15,162	-1,981	15,346	12,311
Free Cash Flow Per Share	5.98	15.37	15.18	-1.98	15.37	12.39
Dividend Per Share	2.370	2.370	2.170	2.020	1.930	1.600
Dividend Growth	4.41%	9.22%	7.43%	4.66%	20.63%	3.23%
Gross Margin	37.95%	40.17%	39.36%	38.24%	45.90%	46.04%
Operating Margin	6.65%	7.49%	7.27%	6.86%	13.79%	13.18%
Profit Margin	4.53%	5.04%	5.02%	4.98%	6.33%	5.39%
Free Cash Flow Margin	3.42%	9.18%	9.78%	-1.40%	11.87%	10.66%
EBITDA	14,089	14,766	13,348	11,513	19,570	16,845
EBITDA Margin	8.07%	8.84%	8.61%	8.13%	15.13%	14.59%
D&A For EBITDA	2,485	2,247	2,087	1,801	1,732	1,631
EBIT	11,604	12,519	11,262	9,712	17,838	15,215
EBIT Margin	6.65%	7.49%	7.27%	6.86%	13.79%	13.18%
Effective Tax Rate	29.43%	28.20%	26.30%	25.64%	23.43%	29.38%
Revenue as Reported	174,539	167,043	155,001	141,606	129,310	115,437
Advertising Expenses	-	4,776	4,337	3,409	3,381	3,041

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.