Calgro M3 Holdings Limited (JSE: CGR)

Calgro M3 Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Revenue	1,103	1,285	1,525	1,322	879.15	984.13
Revenue Growth (YoY)	-31.39%	-15.79%	15.41%	50.33%	-10.67%	-1.30%
Cost of Revenue	755.27	934.88	1,168	1,041	773.32	904.82
Gross Profit	347.38	349.66	357.39	280.82	105.83	79.31
Selling, General & Admin	94.5	95.38	100.26	88.34	84.94	89.12
Other Operating Expenses	2.47	2.46	2.81	4.8	-	-7.48
Operating Expenses	106.71	103.43	108.72	95.07	82.85	51.39
Operating Income	240.67	246.23	248.67	185.75	22.98	27.92
Interest Expense	-62.43	-57.3	-44.04	-42.64	-67.07	-58.65
Interest & Investment Income	64.89	59.8	33.48	22.71	28.21	30.8
Earnings From Equity Investments	25.48	9.43	5.39	9.64	3.35	-0.73
Other Non Operating Income (Expenses)	7.06	7.46	8.02	6.82	1.5	-6.07
EBT Excluding Unusual Items	275.67	265.62	251.52	182.28	-11.03	-6.73
Gain (Loss) on Sale of Investments	1.87	1.87	0.97	0.61	-3.33	3.45
Gain (Loss) on Sale of Assets	2.2	2.2	-	-	36.77	0.38
Asset Writedown	-	-	-	-	5.77	-
Other Unusual Items	-	-	-0.13	-3.43	-2.12	-
Pretax Income	279.74	269.7	252.36	179.46	26.07	13.33
Income Tax Expense	70.22	72.9	66.07	47.29	7.59	7.98
Earnings From Continuing Operations	209.52	196.8	186.29	132.17	18.48	5.34
Minority Interest in Earnings	-0.28	-0.16	-0.09	-0.36	0.46	-0.42
Net Income	209.24	196.64	186.19	131.81	18.94	4.92
Net Income to Common	209.24	196.64	186.19	131.81	18.94	4.92
Net Income Growth	3.71%	5.61%	41.26%	595.79%	285.13%	51.78%
Shares Outstanding (Basic)	97	102	121	121	127	128
Shares Outstanding (Diluted)	99	104	126	125	129	134
Shares Change (YoY)	-16.19%	-17.55%	1.26%	-3.64%	-3.13%	2.45%
EPS (Basic)	2.16	1.92	1.53	1.09	0.15	0.04
EPS (Diluted)	2.11	1.89	1.47	1.06	0.15	0.04
EPS Growth	23.76%	28.10%	39.51%	621.86%	297.83%	48.38%
Free Cash Flow	28.96	90.54	0.87	128.7	-3.48	342.6
Free Cash Flow Per Share	0.29	0.87	0.01	1.03	-0.03	2.56
Dividend Per Share	0.095	0.095	-	-	-	-
Gross Margin	31.50%	27.22%	23.43%	21.25%	12.04%	8.06%
Operating Margin	21.83%	19.17%	16.30%	14.05%	2.61%	2.84%
Profit Margin	18.98%	15.31%	12.21%	9.97%	2.15%	0.50%
Free Cash Flow Margin	2.63%	7.05%	0.06%	9.74%	-0.40%	34.81%
EBITDA	240.46	247.4	252.61	186.99	24.19	29.46
EBITDA Margin	21.81%	19.26%	16.56%	14.15%	2.75%	2.99%
D&A For EBITDA	-0.21	1.17	3.94	1.24	1.21	1.55
EBIT	240.67	246.23	248.67	185.75	22.98	27.92
EBIT Margin	21.83%	19.17%	16.30%	14.05%	2.61%	2.84%
Effective Tax Rate	25.10%	27.03%	26.18%	26.35%	29.11%	59.91%
Advertising Expenses	-	9.23	9.5	8.71	4.82	8.75

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