The Jamaica Stock Exchange Limited (JMSE:JSE)

JMSE:JSE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,744	2,514	2,067	2,057	1,844	1,627
Other Revenue	23.83	23.83	23.12	24.35	25.6	24.96
Revenue	2,768	2,538	2,090	2,081	1,870	1,652
Revenue Growth (YoY)	27.60%	21.44%	0.43%	11.30%	13.20%	-9.00%
Cost of Revenue	422.24	419.13	381.75	338.82	304.76	259
Gross Profit	2,345	2,119	1,708	1,742	1,565	1,393
Selling, General & Admin	1,260	1,208	963.3	925.41	798.18	701.23
Other Operating Expenses	-20.16	-27.41	-11.34	-6.42	4.43	12.35
Operating Expenses	1,455	1,395	1,088	1,003	872.8	816.6
Operating Income	889.97	723.91	620.16	739.11	692.19	576.14
Interest & Investment Income	66.37	62.58	63.44	31.1	48.78	43.97
EBT Excluding Unusual Items	956.34	786.49	683.6	770.21	740.98	620.1
Gain (Loss) on Sale of Investments	-1.83	-1.83	-1.52	-7.27	-	-1.64
Gain (Loss) on Sale of Assets	-	-	0.92	-0.38	-	-
Pretax Income	954.51	784.65	683	762.55	740.98	618.47
Income Tax Expense	314.76	288.64	267	259.31	243.66	211.53
Net Income	639.76	496.02	416	503.24	497.31	406.94
Net Income to Common	639.76	496.02	416	503.24	497.31	406.94
Net Income Growth	51.76%	19.23%	-17.34%	1.19%	22.21%	-21.73%
Shares Outstanding (Basic)	699	701	701	701	701	701
Shares Outstanding (Diluted)	699	701	701	701	701	701
EPS (Basic)	0.92	0.71	0.59	0.72	0.71	0.58
EPS (Diluted)	0.92	0.71	0.59	0.72	0.71	0.58
EPS Growth	52.89%	19.23%	-17.34%	1.19%	22.21%	-21.73%
Free Cash Flow	456.92	460.3	241.35	376.43	355.67	355.95
Free Cash Flow Per Share	0.65	0.66	0.34	0.54	0.51	0.51
Dividend Per Share	0.300	0.300	0.263	0.288	0.385	0.310
Dividend Growth	14.07%	14.07%	-8.68%	-25.20%	24.19%	-40.38%
Gross Margin	84.74%	83.49%	81.73%	83.72%	83.70%	84.32%
Operating Margin	32.16%	28.52%	29.67%	35.52%	37.02%	34.88%
Profit Margin	23.12%	19.54%	19.90%	24.18%	26.60%	24.64%
Free Cash Flow Margin	16.51%	18.14%	11.55%	18.09%	19.02%	21.55%
EBITDA	962.25	796.19	683.33	785.2	728.29	610.81
EBITDA Margin	34.77%	31.37%	32.70%	37.73%	38.95%	36.98%
D&A For EBITDA	72.28	72.28	63.17	46.1	36.1	34.67
EBIT	889.97	723.91	620.16	739.11	692.19	576.14
EBIT Margin	32.16%	28.52%	29.67%	35.52%	37.02%	34.88%
Effective Tax Rate	32.98%	36.79%	39.09%	34.01%	32.88%	34.20%
Revenue as Reported	2,883	2,655	2,185	2,161	1,928	1,711
Advertising Expenses	-	192.09	131.05	125.61	78.85	90.75

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