Spur Tree Spices Jamaica Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,521	1,459	1,029	859.72	700.66	573.81
Revenue Growth (YoY)	21.51%	41.89%	19.64%	22.70%	22.11%	-
Cost of Revenue	1,108	1,047	697.44	577.42	513.69	429.73
Gross Profit	412.65	412.46	331.09	282.3	186.97	144.08
Selling, General & Admin	309.9	302.46	195.26	142.26	90.94	103.62
Other Operating Expenses	-0.13	-0.65	-0.22	-	-0.84	-
Operating Expenses	307.91	299.95	207.09	143.42	90.11	103.62
Operating Income	104.74	112.51	123.99	138.88	96.86	40.46
Interest Expense	-40.73	-43.37	-12.4	-16.12	-16.03	-15.11
Interest & Investment Income	1.57	1.57	1.56	0.48	-	0
Currency Exchange Gain (Loss)	4.71	4.71	0.46	0.91	1.28	3.36
Other Non Operating Income (Expenses)	-1.25	-1.25	-0.17	-	-0.43	-0.57
Pretax Income	69.04	74.17	113.44	124.14	81.68	28.14
Income Tax Expense	-5.94	-5.93	-2.18	32.82	12.03	7.43
Earnings From Continuing Operations	74.99	80.1	115.62	91.32	69.65	20.7
Minority Interest in Earnings	6.17	0.24	1.19	-	-	-
Net Income	81.16	80.33	116.81	91.32	69.65	20.7
Net Income to Common	81.16	80.33	116.81	91.32	69.65	20.7
Net Income Growth	14.13%	-31.23%	27.92%	31.11%	236.44%	-
Shares Outstanding (Basic)	2,043	1,660	1,660	1,305	1,293	-
Shares Outstanding (Diluted)	2,043	1,660	1,660	1,305	1,293	-
Shares Change (YoY)	36.86%	-	27.13%	0.93%	-	-
EPS (Basic)	0.04	0.05	0.07	0.07	0.05	-
EPS (Diluted)	0.04	0.05	0.07	0.07	0.05	-
EPS Growth	-16.61%	-31.23%	0.62%	29.89%	-	-
Free Cash Flow	13.41	-18.56	171.58	104.42	53.65	-51.34
Free Cash Flow Per Share	0.01	-0.01	0.10	0.08	0.04	-
Dividend Per Share	0.015	0.015	-	0.018	-	-
Gross Margin	27.13%	28.26%	32.19%	32.84%	26.68%	25.11%
Operating Margin	6.89%	7.71%	12.06%	16.15%	13.82%	7.05%
Profit Margin	5.34%	5.50%	11.36%	10.62%	9.94%	3.61%
Free Cash Flow Margin	0.88%	-1.27%	16.68%	12.15%	7.66%	-8.95%
EBITDA	184.68	178.43	157.9	159.43	113.33	56.04
EBITDA Margin	12.14%	12.23%	15.35%	18.54%	16.17%	9.77%
D&A For EBITDA	79.93	65.93	33.9	20.54	16.47	15.58
EBIT	104.74	112.51	123.99	138.88	96.86	40.46
EBIT Margin	6.89%	7.71%	12.06%	16.15%	13.82%	7.05%
Effective Tax Rate	-	-	-	26.44%	14.72%	26.42%
Advertising Expenses	-	13.44	9.33	0.74	3.46	9.18

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