JSE:AFH Income Statement

Financials in millions ZAR. Fiscal year is April - March.

Millions ZAR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	5,915	5,651	5,059	4,487	4,198	3,895
Revenue	5,915	5,651	5,059	4,487	4,198	3,895
Revenue Growth (YoY)	10.98%	11.70%	12.75%	6.88%	7.78%	-3.16%
Cost of Revenue	1,329	1,254	1,154	1,009	977	882
Gross Profit	4,586	4,397	3,904	3,477	3,217	3,026
Selling, General & Admin	3,639	3,459	3,108	2,765	2,458	2,375
Other Operating Expenses	82	45	12	78	90	20
Operating Expenses	3,721	3,504	3,120	2,843	2,548	2,395
Operating Income	865	893	784	634	669	631
Interest Expense	-88	-88	-74	-58	-61	-70
Interest & Investment Income	258	256	263	162	123	133
Other Non Operating Income (Expenses)	-	-	-	-	-2	-4
EBT Excluding Unusual Items	1,035	1,061	973	738	729	690
Merger & Restructuring Charges	-21	-21	-8	-10	-14	-6
Impairment of Goodwill	-	-	-33	-	-	-
Asset Writedown	-	-	-57	-18	-2	-5
Other Unusual Items	-	-	-	80	-	-
Pretax Income	1,014	1,040	875	790	713	679
Income Tax Expense	301	295	295	237	235	263
Earnings From Continuing Operations	713	745	580	553	478	416
Earnings From Discontinued Operations	254	161	112	161	29	-213
Net Income to Company	967	906	692	714	507	203
Minority Interest in Earnings	-18	-23	-20	-10	-12	-18
Net Income	949	883	672	704	495	185
Net Income to Common	949	883	672	704	495	185
Net Income Growth	38.74%	31.40%	-4.54%	42.22%	167.57%	-
Shares Outstanding (Basic)	1,257	1,248	1,230	1,232	1,259	1,297
Shares Outstanding (Diluted)	1,267	1,267	1,284	1,317	1,357	1,353
Shares Change (YoY)	-0.39%	-1.32%	-2.51%	-2.95%	0.30%	10.72%
EPS (Basic)	0.76	0.71	0.55	0.57	0.39	0.14
EPS (Diluted)	0.75	0.70	0.52	0.53	0.36	0.14
EPS Growth	39.18%	33.23%	-2.06%	46.62%	165.96%	-
Free Cash Flow	2,572	987	1,592	587	1,712	-220
Free Cash Flow Per Share	2.03	0.78	1.24	0.45	1.26	-0.16
Dividend Per Share	0.570	0.550	0.500	0.420	0.320	0.220
Dividend Growth	9.62%	10.00%	19.05%	31.25%	45.45%	-26.67%
Gross Margin	77.53%	77.81%	77.17%	77.49%	76.63%	77.69%
Operating Margin	14.62%	15.80%	15.50%	14.13%	15.94%	16.20%
Profit Margin	16.04%	15.63%	13.28%	15.69%	11.79%	4.75%
Free Cash Flow Margin	43.48%	17.47%	31.47%	13.08%	40.78%	-5.65%
EBITDA	969	997	883	726	782	738
EBITDA Margin	16.38%	17.64%	17.45%	16.18%	18.63%	18.95%
D&A For EBITDA	104	104	99	92	113	107
EBIT	865	893	784	634	669	631
EBIT Margin	14.62%	15.80%	15.50%	14.13%	15.94%	16.20%
Effective Tax Rate	29.68%	28.37%	33.71%	30.00%	32.96%	38.73%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.