Boxer Retail Limited (JSE: BOX)

Boxer Retail Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Aug 25, 2024	Feb 25, 2024	Feb 26, 2023	Feb 27, 2022
Revenue	39,531	37,419	31,897	26,583
Revenue Growth (YoY)	48.71%	17.31%	19.99%	-
Cost of Revenue	31,259	29,498	25,164	21,421
Gross Profit	8,272	7,921	6,733	5,162
Selling, General & Admin	6,374	6,089	5,366	4,384
Other Operating Expenses	-289	-269	-247	-204
Operating Expenses	6,085	5,820	5,119	4,180
Operating Income	2,187	2,101	1,614	982
Interest Expense	-376	-342	-295	-275
Interest & Investment Income	113	91	54	46
EBT Excluding Unusual Items	1,924	1,850	1,373	753
Gain (Loss) on Sale of Assets	-13	-16	-6	131
Asset Writedown	-11	-11	-6	-129
Pretax Income	1,900	1,823	1,531	1,156
Income Tax Expense	465	438	427	302
Net Income	1,435	1,385	1,104	854
Net Income to Common	1,435	1,385	1,104	854
Net Income Growth	68.03%	25.45%	29.27%	-
Shares Outstanding (Basic)	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	34
EPS (Basic)	42.05	40.59	32.35	25.03
EPS (Diluted)	42.05	40.59	32.35	25.03
EPS Growth	68.03%	25.45%	29.27%	-
Free Cash Flow	1,196	1,793	998	885
Free Cash Flow Per Share	35.05	52.54	29.25	25.93
Dividend Per Share	14.652	14.652	8.495	63.349
Dividend Growth	-76.87%	72.47%	-86.59%	-
Gross Margin	20.93%	21.17%	21.11%	19.42%
Operating Margin	5.53%	5.61%	5.06%	3.69%
Profit Margin	3.63%	3.70%	3.46%	3.21%
Free Cash Flow Margin	3.03%	4.79%	3.13%	3.33%
EBITDA	2,759	2,635	2,070	1,337
EBITDA Margin	6.98%	7.04%	6.49%	5.03%
D&A For EBITDA	572	534	456	355
EBIT	2,187	2,101	1,614	982
EBIT Margin	5.53%	5.61%	5.06%	3.69%
Effective Tax Rate	24.47%	24.03%	27.89%	26.12%

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