JMSE:JSE Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,755	2,514	2,067	2,057	1,844
Other Revenue	135.94	23.83	23.12	24.35	25.6
Revenue	2,891	2,538	2,090	2,081	1,870
Revenue Growth (YoY)	13.90%	21.44%	0.43%	11.30%	13.20%
Cost of Revenue	512.87	419.13	381.75	338.82	304.76
Gross Profit	2,378	2,119	1,708	1,742	1,565
Selling, General & Admin	1,308	1,208	963.3	925.41	798.18
Other Operating Expenses	200.49	-27.41	-11.34	-6.42	4.43
Operating Expenses	1,636	1,395	1,088	1,003	872.8
Operating Income	741.73	723.91	620.16	739.11	692.19
Interest & Investment Income	61.65	62.58	63.44	31.1	48.78
EBT Excluding Unusual Items	803.38	786.49	683.6	770.21	740.98
Gain (Loss) on Sale of Investments	-	-1.83	-1.52	-7.27	-
Gain (Loss) on Sale of Assets	-	-	0.92	-0.38	-
Asset Writedown	-143.41	-	-	-	-
Pretax Income	659.97	784.65	683	762.55	740.98
Income Tax Expense	219.89	288.64	267	259.31	243.66
Net Income	440.08	496.02	416	503.24	497.31
Net Income to Common	440.08	496.02	416	503.24	497.31
Net Income Growth	-11.28%	19.23%	-17.34%	1.19%	22.21%
Shares Outstanding (Basic)	699	701	701	701	701
Shares Outstanding (Diluted)	699	701	701	701	701
Shares Change (YoY)	-0.39%	-	-	-	-
EPS (Basic)	0.63	0.71	0.59	0.72	0.71
EPS (Diluted)	0.63	0.71	0.59	0.72	0.71
EPS Growth	-10.93%	19.23%	-17.34%	1.19%	22.21%
Free Cash Flow	414.44	460.3	241.35	376.43	355.67
Free Cash Flow Per Share	0.59	0.66	0.34	0.54	0.51
Dividend Per Share	-	0.300	0.263	0.288	0.385
Dividend Growth	-	14.07%	-8.68%	-25.20%	24.19%
Gross Margin	82.26%	83.49%	81.73%	83.72%	83.70%
Operating Margin	25.66%	28.52%	29.67%	35.52%	37.02%
Profit Margin	15.22%	19.54%	19.90%	24.18%	26.60%
Free Cash Flow Margin	14.34%	18.14%	11.55%	18.09%	19.02%
EBITDA	869.24	796.19	683.33	785.2	728.29
EBITDA Margin	30.07%	31.37%	32.70%	37.73%	38.95%
D&A For EBITDA	127.51	72.28	63.17	46.1	36.1
EBIT	741.73	723.91	620.16	739.11	692.19
EBIT Margin	25.66%	28.52%	29.67%	35.52%	37.02%
Effective Tax Rate	33.32%	36.79%	39.09%	34.01%	32.88%
Revenue as Reported	2,891	2,655	2,185	2,161	1,928
Advertising Expenses	165.15	192.09	131.05	125.61	78.85

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