The Jamaica Stock Exchange Limited (JMSE: JSE)

JSE Income Statement

Financials in millions JMD. 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
Operating Revenue	2,362	2,067	2,057	1,844	1,627	1,791
Other Revenue	23.12	23.12	24.35	25.6	24.96	24.35
Revenue	2,385	2,090	2,081	1,870	1,652	1,815
Revenue Growth (YoY)	18.58%	0.43%	11.30%	13.20%	-9.00%	34.56%
Cost of Revenue	408.77	381.75	338.82	304.76	259	221.17
Gross Profit	1,976	1,708	1,742	1,565	1,393	1,594
Selling, General & Admin	1,109	963.3	925.41	798.18	701.23	742.44
Other Operating Expenses	-5.78	-11.34	-6.42	4.43	12.35	3.96
Operating Expenses	1,247	1,088	1,003	872.8	816.6	805.81
Operating Income	728.71	620.16	739.11	692.19	576.14	788.08
Interest & Investment Income	72.69	63.44	31.1	48.78	43.97	22.05
EBT Excluding Unusual Items	801.4	683.6	770.21	740.98	620.1	810.12
Gain (Loss) on Sale of Investments	-1.52	-1.52	-7.27	-	-1.64	-7.05
Gain (Loss) on Sale of Assets	-0	0.92	-0.38	-	-	-
Pretax Income	799.88	683	762.55	740.98	618.47	803.07
Income Tax Expense	296.92	267	259.31	243.66	211.53	283.2
Net Income	502.96	416	503.24	497.31	406.94	519.88
Net Income to Common	502.96	416	503.24	497.31	406.94	519.88
Net Income Growth	38.51%	-17.34%	1.19%	22.21%	-21.72%	25.86%
Shares Outstanding (Basic)	701	701	701	701	701	701
Shares Outstanding (Diluted)	701	701	701	701	701	701
Shares Change (YoY)	-0.05%	-	-	-	-	-
EPS (Basic)	0.72	0.59	0.72	0.71	0.58	0.74
EPS (Diluted)	0.72	0.59	0.72	0.71	0.58	0.74
EPS Growth	38.57%	-17.34%	1.19%	22.21%	-21.72%	25.86%
Free Cash Flow	295.71	241.35	376.43	355.67	355.95	398.12
Free Cash Flow Per Share	0.42	0.34	0.54	0.51	0.51	0.57
Dividend Per Share	0.263	0.263	0.288	0.385	0.310	0.520
Dividend Growth	105.47%	-8.68%	-25.19%	24.19%	-40.38%	26.83%
Gross Margin	82.86%	81.73%	83.72%	83.70%	84.32%	87.81%
Operating Margin	30.56%	29.67%	35.52%	37.02%	34.88%	43.42%
Profit Margin	21.09%	19.90%	24.18%	26.60%	24.64%	28.64%
Free Cash Flow Margin	12.40%	11.55%	18.09%	19.02%	21.55%	21.93%
EBITDA	799.63	683.33	785.2	728.29	610.81	819.46
EBITDA Margin	33.53%	32.69%	37.73%	38.95%	36.98%	45.15%
D&A For EBITDA	70.92	63.17	46.1	36.1	34.67	31.39
EBIT	728.71	620.16	739.11	692.19	576.14	788.08
EBIT Margin	30.56%	29.67%	35.52%	37.02%	34.88%	43.42%
Effective Tax Rate	37.12%	39.09%	34.01%	32.88%	34.20%	35.26%
Revenue as Reported	2,489	2,185	2,161	1,928	1,711	1,874
Advertising Expenses	-	131.05	125.61	78.85	90.75	139.33

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