Kingston Wharves 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
Revenue	12,672	10,714	9,711	9,476	8,674
Revenue Growth (YoY)	18.28%	10.33%	2.47%	9.25%	21.51%
Cost of Revenue	6,980	6,097	4,906	4,999	4,279
Gross Profit	5,692	4,616	4,805	4,477	4,395
Selling, General & Admin	2,107	1,752	1,617	1,717	1,206
Other Operating Expenses	-6.34	-0.45	-11.53	-90.5	-
Operating Expenses	2,101	1,752	1,606	1,627	1,206
Operating Income	3,591	2,864	3,199	2,851	3,189
Interest Expense	-330.51	-224.38	-109.35	-119.17	-107
Interest & Investment Income	488.09	602.98	557.88	414.77	246.25
Earnings From Equity Investments	36.79	-	-	-	-
Currency Exchange Gain (Loss)	122.06	-57.54	129.73	17.28	389.78
EBT Excluding Unusual Items	3,907	3,185	3,777	3,164	3,718
Gain (Loss) on Sale of Investments	169.01	-	-	-	-
Gain (Loss) on Sale of Assets	14.97	0.28	5.78	-	1.37
Pretax Income	4,091	3,186	3,783	3,164	3,719
Income Tax Expense	517.26	457.4	591.6	425.13	468.5
Earnings From Continuing Operations	3,574	2,728	3,192	2,738	3,251
Minority Interest in Earnings	-112.13	-118.45	-75.5	-44.44	-54.96
Net Income	3,462	2,610	3,116	2,694	3,196
Net Income to Common	3,462	2,610	3,116	2,694	3,196
Net Income Growth	32.64%	-16.24%	15.67%	-15.70%	42.82%
Shares Outstanding (Basic)	1,400	1,400	1,419	1,428	1,428
Shares Outstanding (Diluted)	1,400	1,400	1,419	1,428	1,428
Shares Change (YoY)	-	-1.30%	-0.61%	-0.06%	-0.07%
EPS (Basic)	2.47	1.86	2.20	1.89	2.24
EPS (Diluted)	2.47	1.86	2.20	1.89	2.24
EPS Growth	32.64%	-15.14%	16.38%	-15.65%	42.91%
Free Cash Flow	1,888	765.85	-2,011	1,086	2,686
Free Cash Flow Per Share	1.35	0.55	-1.42	0.76	1.88
Dividend Per Share	0.700	0.680	0.680	0.670	0.600
Dividend Growth	2.94%	-	1.49%	11.67%	11.11%
Gross Margin	44.91%	43.09%	49.48%	47.25%	50.67%
Operating Margin	28.34%	26.74%	32.94%	30.08%	36.77%
Profit Margin	27.32%	24.36%	32.09%	28.43%	36.84%
Free Cash Flow Margin	14.90%	7.15%	-20.71%	11.46%	30.97%
EBITDA	4,895	4,049	3,866	3,727	4,033
EBITDA Margin	38.63%	37.79%	39.82%	39.33%	46.49%
D&A For EBITDA	1,304	1,184	667.35	876.19	843.99
EBIT	3,591	2,864	3,199	2,851	3,189
EBIT Margin	28.34%	26.74%	32.94%	30.08%	36.77%
Effective Tax Rate	12.64%	14.36%	15.64%	13.44%	12.60%
Advertising Expenses	95.15	58.99	55.27	59.44	37.77

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