Boxer Retail Limited (JSE:BOX)

Boxer Retail Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2025	Mar 2, 2025	Feb 25, 2024	Feb 26, 2023	Feb 27, 2022
Revenue	45,088	42,344	37,419	31,897	26,583
Revenue Growth (YoY)	14.06%	13.16%	17.31%	19.99%	-
Cost of Revenue	35,463	33,291	29,498	25,164	21,421
Gross Profit	9,625	9,053	7,921	6,733	5,162
Selling, General & Admin	7,537	7,057	6,089	5,366	4,384
Other Operating Expenses	-342	-312	-269	-247	-204
Operating Expenses	7,195	6,745	5,820	5,119	4,180
Operating Income	2,430	2,308	2,101	1,614	982
Interest Expense	-538	-458	-342	-295	-275
Interest & Investment Income	34	91	91	54	46
EBT Excluding Unusual Items	1,961	1,941	1,850	1,373	753
Gain (Loss) on Sale of Assets	-43	-29	-16	-6	131
Asset Writedown	-9	-4	-11	-6	-129
Pretax Income	1,909	1,908	1,823	1,531	1,156
Income Tax Expense	515	525	438	427	302
Net Income	1,394	1,383	1,385	1,104	854
Net Income to Common	1,394	1,383	1,385	1,104	854
Net Income Growth	-2.86%	-0.14%	25.45%	29.27%	-
Shares Outstanding (Basic)	417	340	300	34	34
Shares Outstanding (Diluted)	420	341	300	34	34
Shares Change (YoY)	-3.04%	13.69%	779.12%	-	-
EPS (Basic)	3.35	4.07	4.62	32.35	25.03
EPS (Diluted)	3.32	4.06	4.62	32.35	25.03
EPS Growth	0.19%	-12.16%	-85.73%	29.27%	-
Free Cash Flow	2,104	1,504	1,793	998	885
Free Cash Flow Per Share	5.01	4.41	5.98	29.25	25.93
Dividend Per Share	0.453	-	14.652	8.495	63.349
Dividend Growth	-96.91%	-	72.47%	-86.59%	-
Gross Margin	21.35%	21.38%	21.17%	21.11%	19.42%
Operating Margin	5.39%	5.45%	5.62%	5.06%	3.69%
Profit Margin	3.09%	3.27%	3.70%	3.46%	3.21%
Free Cash Flow Margin	4.67%	3.55%	4.79%	3.13%	3.33%
EBITDA	3,076	2,913	2,635	2,070	1,337
EBITDA Margin	6.82%	6.88%	7.04%	6.49%	5.03%
D&A For EBITDA	646	605	534	456	355
EBIT	2,430	2,308	2,101	1,614	982
EBIT Margin	5.39%	5.45%	5.62%	5.06%	3.69%
Effective Tax Rate	26.98%	27.52%	24.03%	27.89%	26.13%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.