GraceKennedy Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	173,633	170,491	160,360	149,012	136,855	124,691
Other Revenue	7,428	7,302	6,683	5,989	4,750	4,619
Revenue	181,060	177,793	167,043	155,001	141,606	129,310
Revenue Growth (YoY)	7.19%	6.44%	7.77%	9.46%	9.51%	12.02%
Cost of Revenue	112,005	109,306	99,948	93,999	87,461	69,955
Gross Profit	69,056	68,486	67,095	61,002	54,145	59,355
Selling, General & Admin	56,515	56,515	49,181	44,582	40,257	37,359
Amortization of Goodwill & Intangibles	1,049	1,049	1,008	955.44	745.38	670.19
Other Operating Expenses	1,430	1,528	1,110	1,175	638.22	684.12
Operating Expenses	62,498	62,596	54,576	49,740	44,433	41,517
Operating Income	6,558	5,891	12,519	11,262	9,712	17,838
Interest Expense	-	-7.51	-4,018	-3,181	-2,402	-9,735
Interest & Investment Income	2,082	2,090	1,915	1,659	1,173	1,012
Earnings From Equity Investments	915.22	1,209	899.95	774.13	673.19	414.91
Currency Exchange Gain (Loss)	1,288	1,288	863.44	831.39	431.18	1,410
EBT Excluding Unusual Items	10,844	10,470	12,179	11,345	9,587	10,940
Gain (Loss) on Sale of Investments	-30.07	-30.07	61.74	-86.43	576.13	99.68
Gain (Loss) on Sale of Assets	-280.79	-280.79	7.5	13.8	54.13	-6.73
Asset Writedown	127.19	127.19	96.14	95.6	24	50.05
Other Unusual Items	-	-	-	-	-	593.54
Pretax Income	10,661	10,287	12,344	11,368	10,242	11,676
Income Tax Expense	3,279	3,037	3,481	2,989	2,626	2,736
Earnings From Continuing Operations	7,381	7,250	8,864	8,379	7,615	8,940
Net Income to Company	7,381	7,250	8,864	8,379	7,615	8,940
Minority Interest in Earnings	-355.8	-359.19	-449.81	-598.07	-567.41	-748.79
Net Income	7,025	6,890	8,414	7,781	7,048	8,192
Net Income to Common	7,025	6,890	8,414	7,781	7,048	8,192
Net Income Growth	-17.14%	-18.11%	8.14%	10.40%	-13.96%	31.74%
Shares Outstanding (Basic)	984	985	988	990	991	990
Shares Outstanding (Diluted)	991	992	998	999	1,001	998
Shares Change (YoY)	-0.60%	-0.62%	-0.06%	-0.19%	0.23%	0.49%
EPS (Basic)	7.14	7.00	8.52	7.86	7.11	8.27
EPS (Diluted)	7.09	6.95	8.43	7.79	7.04	8.21
EPS Growth	-16.59%	-17.56%	8.22%	10.65%	-14.25%	31.15%
Free Cash Flow	16,583	12,615	15,335	15,162	-1,981	15,346
Free Cash Flow Per Share	16.73	12.72	15.37	15.18	-1.98	15.37
Dividend Per Share	1.820	2.370	2.370	2.170	2.020	1.930
Dividend Growth	-24.17%	-	9.22%	7.43%	4.66%	20.63%
Gross Margin	38.14%	38.52%	40.17%	39.36%	38.24%	45.90%
Operating Margin	3.62%	3.31%	7.49%	7.27%	6.86%	13.79%
Profit Margin	3.88%	3.88%	5.04%	5.02%	4.98%	6.33%
Free Cash Flow Margin	9.16%	7.09%	9.18%	9.78%	-1.40%	11.87%
EBITDA	10,480	9,694	16,080	13,348	11,513	19,570
EBITDA Margin	5.79%	5.45%	9.63%	8.61%	8.13%	15.13%
D&A For EBITDA	3,922	3,803	3,561	2,087	1,801	1,732
EBIT	6,558	5,891	12,519	11,262	9,712	17,838
EBIT Margin	3.62%	3.31%	7.49%	7.27%	6.86%	13.79%
Effective Tax Rate	30.76%	29.52%	28.20%	26.30%	25.64%	23.43%
Revenue as Reported	181,060	177,793	167,043	155,001	141,606	129,310
Advertising Expenses	-	4,793	4,776	4,337	3,409	3,381

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