Spur Tree Spices Jamaica 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	1,742	1,564	1,459	1,029	859.72
Revenue Growth (YoY)	11.43%	7.15%	41.89%	19.64%	22.70%
Cost of Revenue	1,247	1,091	1,005	697.44	577.42
Gross Profit	495.53	472.51	454.07	331.09	282.3
Selling, General & Admin	333.27	335.19	344.1	195.26	142.26
Other Operating Expenses	-20.98	6.16	-0.65	-0.22	-
Operating Expenses	312.29	339.23	341.59	207.09	143.42
Operating Income	183.24	133.29	112.47	123.99	138.88
Interest Expense	-52.38	-46.79	-43.37	-12.4	-16.12
Interest & Investment Income	-	0.45	1.61	1.56	0.48
Currency Exchange Gain (Loss)	-	10.66	4.71	0.46	0.91
Other Non Operating Income (Expenses)	-	-7.07	-1.25	-0.17	-
EBT Excluding Unusual Items	130.85	90.54	74.17	113.44	124.14
Gain (Loss) on Sale of Assets	-	0.6	-	-	-
Pretax Income	130.85	91.14	74.17	113.44	124.14
Income Tax Expense	-	-6.23	-5.93	-2.18	32.82
Earnings From Continuing Operations	130.85	97.37	80.1	115.62	91.32
Minority Interest in Earnings	-21.03	8.07	0.24	1.19	-
Net Income	109.82	105.45	80.33	116.81	91.32
Net Income to Common	109.82	105.45	80.33	116.81	91.32
Net Income Growth	4.15%	31.26%	-31.23%	27.92%	31.11%
Shares Outstanding (Basic)	1,408	1,677	1,677	1,660	1,305
Shares Outstanding (Diluted)	1,408	1,677	1,677	1,660	1,305
Shares Change (YoY)	-16.04%	-	1.05%	27.13%	0.93%
EPS (Basic)	0.08	0.06	0.05	0.07	0.07
EPS (Diluted)	0.08	0.06	0.05	0.07	0.07
EPS Growth	24.05%	31.26%	-31.95%	0.62%	29.89%
Free Cash Flow	58.05	62.13	-62.79	171.58	104.42
Free Cash Flow Per Share	0.04	0.04	-0.04	0.10	0.08
Dividend Per Share	-	-	0.015	-	0.018
Gross Margin	28.44%	30.22%	31.11%	32.19%	32.84%
Operating Margin	10.52%	8.52%	7.71%	12.05%	16.15%
Profit Margin	6.30%	6.74%	5.50%	11.36%	10.62%
Free Cash Flow Margin	3.33%	3.97%	-4.30%	16.68%	12.15%
EBITDA	248.9	193.04	178.4	157.9	159.43
EBITDA Margin	14.29%	12.35%	12.22%	15.35%	18.54%
D&A For EBITDA	65.67	59.76	65.93	33.9	20.54
EBIT	183.24	133.29	112.47	123.99	138.88
EBIT Margin	10.52%	8.52%	7.71%	12.05%	16.15%
Effective Tax Rate	-	-	-	-	26.44%
Advertising Expenses	10.12	13.64	13.48	9.33	0.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.