Seprod Limited (JMSE: SEP)

Seprod 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
Revenue	123,377	112,149	78,434	43,883	37,737	32,695
Revenue Growth (YoY)	12.99%	42.99%	78.73%	16.29%	15.42%	45.31%
Cost of Revenue	88,142	80,780	56,124	32,972	27,252	23,895
Gross Profit	35,234	31,370	22,310	10,911	10,485	8,800
Selling, General & Admin	24,352	24,352	18,051	8,814	8,268	7,336
Other Operating Expenses	4,290	-	-	-	-	-
Operating Expenses	28,842	24,552	18,098	8,835	8,299	7,311
Operating Income	6,392	6,817	4,212	2,076	2,185	1,489
Interest Expense	-3,725	-3,182	-2,003	-1,072	-1,129	-1,427
Interest & Investment Income	108.5	108.5	77.76	81.56	75.98	33.73
Earnings From Equity Investments	326.28	211.09	106.55	79.14	-5.24	57.71
Currency Exchange Gain (Loss)	1,176	1,176	1,327	1,056	1,036	817.41
Other Non Operating Income (Expenses)	465.08	465.08	523.98	251.4	492.45	399.8
EBT Excluding Unusual Items	4,743	5,596	4,244	2,472	2,656	1,370
Gain (Loss) on Sale of Assets	9.47	9.47	-0.37	7.13	753.94	17.27
Other Unusual Items	-	-	-	-168.18	-	-
Pretax Income	4,752	5,605	4,244	2,311	3,410	1,387
Income Tax Expense	1,117	992.8	1,147	171.72	560.98	-318.26
Earnings From Continuing Operations	3,635	4,613	3,097	2,139	2,849	1,706
Earnings From Discontinued Operations	-62.66	-48.98	-178.69	-145.83	23.03	-638.21
Net Income to Company	3,573	4,564	2,918	1,993	2,872	1,067
Minority Interest in Earnings	-1,048	-1,682	-774.02	-	-	-
Net Income	2,525	2,882	2,144	1,993	2,872	1,067
Net Income to Common	2,525	2,882	2,144	1,993	2,872	1,067
Net Income Growth	-5.30%	34.41%	7.55%	-30.59%	169.05%	-9.69%
Shares Outstanding (Basic)	734	733	733	733	733	733
Shares Outstanding (Diluted)	734	733	733	733	733	733
Shares Change (YoY)	0.03%	-	-	-	-	28.54%
EPS (Basic)	3.44	3.93	2.92	2.72	3.92	1.46
EPS (Diluted)	3.44	3.93	2.92	2.72	3.92	1.46
EPS Growth	-5.33%	34.41%	7.55%	-30.59%	169.05%	-29.75%
Free Cash Flow	2,007	5,006	-2,271	1,021	2,645	1,302
Free Cash Flow Per Share	2.73	6.82	-3.10	1.39	3.61	1.78
Dividend Per Share	0.605	1.705	1.550	1.500	0.600	1.000
Dividend Growth	-63.33%	10.00%	3.33%	150.00%	-40.00%	5.26%
Gross Margin	28.56%	27.97%	28.44%	24.86%	27.78%	26.92%
Operating Margin	5.18%	6.08%	5.37%	4.73%	5.79%	4.55%
Profit Margin	2.05%	2.57%	2.73%	4.54%	7.61%	3.26%
Free Cash Flow Margin	1.63%	4.46%	-2.90%	2.33%	7.01%	3.98%
EBITDA	8,848	8,737	5,781	3,042	3,151	2,364
EBITDA Margin	7.17%	7.79%	7.37%	6.93%	8.35%	7.23%
D&A For EBITDA	2,456	1,920	1,569	965.77	965.63	875.2
EBIT	6,392	6,817	4,212	2,076	2,185	1,489
EBIT Margin	5.18%	6.08%	5.37%	4.73%	5.79%	4.55%
Effective Tax Rate	23.50%	17.71%	27.03%	7.43%	16.45%	-
Advertising Expenses	-	1,503	934.99	545.63	518.9	631.53

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