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	Sep '24 Sep 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	1,538	1,459	1,029	859.72	700.66	573.81
Revenue Growth (YoY)	8.15%	41.89%	19.64%	22.70%	22.11%	-
Cost of Revenue	1,120	1,047	697.44	577.42	513.69	429.73
Gross Profit	418.72	412.46	331.09	282.3	186.97	144.08
Selling, General & Admin	313.38	302.46	195.26	142.26	90.94	103.62
Other Operating Expenses	-1.35	-0.65	-0.22	-	-0.84	-
Operating Expenses	310.17	299.95	207.09	143.42	90.11	103.62
Operating Income	108.54	112.51	123.99	138.88	96.86	40.46
Interest Expense	-39.95	-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	73.62	74.17	113.44	124.14	81.68	28.14
Income Tax Expense	-5.47	-5.93	-2.18	32.82	12.03	7.43
Earnings From Continuing Operations	79.09	80.1	115.62	91.32	69.65	20.7
Minority Interest in Earnings	12.69	0.24	1.19	-	-	-
Net Income	91.78	80.33	116.81	91.32	69.65	20.7
Net Income to Common	91.78	80.33	116.81	91.32	69.65	20.7
Net Income Growth	36.85%	-31.23%	27.92%	31.11%	236.44%	-
Shares Outstanding (Basic)	1,885	1,660	1,660	1,305	1,293	-
Shares Outstanding (Diluted)	1,885	1,660	1,660	1,305	1,293	-
Shares Change (YoY)	12.23%	-	27.13%	0.93%	-	-
EPS (Basic)	0.05	0.05	0.07	0.07	0.05	-
EPS (Diluted)	0.05	0.05	0.07	0.07	0.05	-
EPS Growth	21.94%	-31.23%	0.62%	29.89%	-	-
Free Cash Flow	116.97	-18.56	171.58	104.42	53.65	-51.34
Free Cash Flow Per Share	0.06	-0.01	0.10	0.08	0.04	-
Dividend Per Share	-	0.015	-	0.018	-	-
Gross Margin	27.22%	28.26%	32.19%	32.84%	26.68%	25.11%
Operating Margin	7.06%	7.71%	12.06%	16.15%	13.82%	7.05%
Profit Margin	5.97%	5.50%	11.36%	10.62%	9.94%	3.61%
Free Cash Flow Margin	7.60%	-1.27%	16.68%	12.15%	7.66%	-8.95%
EBITDA	194.44	178.43	157.9	159.43	113.33	56.04
EBITDA Margin	12.64%	12.23%	15.35%	18.54%	16.17%	9.77%
D&A For EBITDA	85.9	65.93	33.9	20.54	16.47	15.58
EBIT	108.54	112.51	123.99	138.88	96.86	40.46
EBIT Margin	7.06%	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.