GraceKennedy Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	156,811	149,012	136,855	124,691	111,064	98,913	Upgrade
Other Revenue	6,773	5,989	4,750	4,619	4,373	4,176	Upgrade
Revenue	163,584	155,001	141,606	129,310	115,437	103,090	Upgrade
Revenue Growth (YoY)	7.63%	9.46%	9.51%	12.02%	11.98%	5.68%	Upgrade
Cost of Revenue	102,170	93,999	87,461	69,955	62,289	57,227	Upgrade
Gross Profit	61,415	61,002	54,145	59,355	53,148	45,863	Upgrade
Selling, General & Admin	44,582	44,582	40,257	37,359	33,524	30,862	Upgrade
Other Operating Expenses	666.03	1,175	638.22	684.12	1,225	463.9	Upgrade
Operating Expenses	49,231	49,740	44,433	41,517	37,934	34,159	Upgrade
Operating Income	12,184	11,262	9,712	17,838	15,215	11,704	Upgrade
Interest Expense	-3,452	-3,181	-2,402	-9,735	-8,147	-7,160	Upgrade
Interest & Investment Income	1,823	1,659	1,173	1,012	821.34	747.53	Upgrade
Earnings From Equity Investments	863.97	774.13	673.19	414.91	543.53	518.89	Upgrade
Currency Exchange Gain (Loss)	831.39	831.39	431.18	1,410	1,427	634.13	Upgrade
EBT Excluding Unusual Items	12,250	11,345	9,587	10,940	9,860	6,444	Upgrade
Gain (Loss) on Sale of Investments	-86.43	-86.43	576.13	99.68	-181.98	-295.14	Upgrade
Gain (Loss) on Sale of Assets	13.8	13.8	54.13	-6.73	0.12	9.79	Upgrade
Asset Writedown	95.6	95.6	24	50.05	30.65	-31.15	Upgrade
Other Unusual Items	-	-	-	593.54	-	-	Upgrade
Pretax Income	12,273	11,368	10,242	11,676	9,709	6,128	Upgrade
Income Tax Expense	3,234	2,989	2,626	2,736	2,852	1,028	Upgrade
Earnings From Continuing Operations	9,040	8,379	7,615	8,940	6,857	5,100	Upgrade
Net Income to Company	9,040	8,379	7,615	8,940	6,857	5,100	Upgrade
Minority Interest in Earnings	-599.38	-598.07	-567.41	-748.79	-638.87	-612.53	Upgrade
Net Income	8,440	7,781	7,048	8,192	6,218	4,487	Upgrade
Net Income to Common	8,440	7,781	7,048	8,192	6,218	4,487	Upgrade
Net Income Growth	7.69%	10.40%	-13.96%	31.74%	38.57%	-10.36%	Upgrade
Shares Outstanding (Basic)	988	990	991	990	990	992	Upgrade
Shares Outstanding (Diluted)	997	999	1,001	998	993	996	Upgrade
Shares Change (YoY)	-0.17%	-0.19%	0.23%	0.49%	-0.21%	0.21%	Upgrade
EPS (Basic)	8.54	7.86	7.11	8.27	6.28	4.52	Upgrade
EPS (Diluted)	8.46	7.79	7.04	8.21	6.26	4.51	Upgrade
EPS Growth	7.90%	10.65%	-14.25%	31.15%	38.80%	-10.52%	Upgrade
Free Cash Flow	16,197	15,162	-1,981	15,346	12,311	4,097	Upgrade
Free Cash Flow Per Share	16.24	15.18	-1.98	15.37	12.39	4.12	Upgrade
Dividend Per Share	2.270	2.170	2.020	1.930	1.600	1.550	Upgrade
Dividend Growth	8.10%	7.43%	4.66%	20.62%	3.23%	14.81%	Upgrade
Gross Margin	37.54%	39.36%	38.24%	45.90%	46.04%	44.49%	Upgrade
Operating Margin	7.45%	7.27%	6.86%	13.79%	13.18%	11.35%	Upgrade
Profit Margin	5.16%	5.02%	4.98%	6.33%	5.39%	4.35%	Upgrade
Free Cash Flow Margin	9.90%	9.78%	-1.40%	11.87%	10.66%	3.97%	Upgrade
EBITDA	14,426	13,348	11,513	19,570	16,845	13,196	Upgrade
EBITDA Margin	8.82%	8.61%	8.13%	15.13%	14.59%	12.80%	Upgrade
D&A For EBITDA	2,243	2,087	1,801	1,732	1,631	1,492	Upgrade
EBIT	12,184	11,262	9,712	17,838	15,215	11,704	Upgrade
EBIT Margin	7.45%	7.27%	6.86%	13.79%	13.18%	11.35%	Upgrade
Effective Tax Rate	26.35%	26.30%	25.64%	23.43%	29.38%	16.77%	Upgrade
Revenue as Reported	163,584	155,001	141,606	129,310	115,437	103,090	Upgrade
Advertising Expenses	-	4,337	3,409	3,381	3,041	2,714	Upgrade

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