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	Feb 29, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Revenue	1,285	1,285	1,525	1,322	879.15	984.13
Revenue Growth (YoY)	-15.79%	-15.79%	15.41%	50.33%	-10.67%	-1.30%
Cost of Revenue	934.51	934.51	1,168	1,041	773.32	904.82
Gross Profit	350.03	350.03	357.69	280.82	105.83	79.31
Selling, General & Admin	98.14	98.14	102.43	88.34	84.94	89.12
Other Operating Expenses	0.06	0.06	1.07	4.8	-	-7.48
Operating Expenses	103.8	103.8	109.15	95.07	82.85	51.39
Operating Income	246.23	246.23	248.55	185.75	22.98	27.92
Interest Expense	-57.3	-57.3	-44.04	-42.64	-67.07	-58.65
Interest & Investment Income	59.8	59.8	33.48	22.71	28.21	30.8
Earnings From Equity Investments	9.43	9.43	5.39	9.64	3.35	-0.73
Other Non Operating Income (Expenses)	11.54	11.54	8.98	6.82	1.5	-6.07
EBT Excluding Unusual Items	269.7	269.7	252.36	182.28	-11.03	-6.73
Gain (Loss) on Sale of Investments	-	-	-	0.61	-3.33	3.45
Gain (Loss) on Sale of Assets	-	-	-	-	36.77	0.38
Asset Writedown	-	-	-	-	5.77	-
Other Unusual Items	-	-	-	-3.43	-2.12	-
Pretax Income	269.7	269.7	252.36	179.46	26.07	13.33
Income Tax Expense	72.9	72.9	66.07	47.29	7.59	7.98
Earnings From Continuing Operations	196.8	196.8	186.29	132.17	18.48	5.34
Minority Interest in Earnings	-0.16	-0.16	-0.09	-0.36	0.46	-0.42
Net Income	196.64	196.64	186.19	131.81	18.94	4.92
Net Income to Common	196.64	196.64	186.19	131.81	18.94	4.92
Net Income Growth	5.61%	5.61%	41.26%	595.79%	285.13%	51.78%
Shares Outstanding (Basic)	102	102	121	121	127	128
Shares Outstanding (Diluted)	104	104	126	125	129	134
Shares Change (YoY)	-17.55%	-17.55%	1.26%	-3.64%	-3.13%	2.45%
EPS (Basic)	1.92	1.92	1.53	1.09	0.15	0.04
EPS (Diluted)	1.89	1.89	1.47	1.06	0.15	0.04
EPS Growth	28.10%	28.10%	39.51%	621.86%	297.83%	48.38%
Free Cash Flow	90.54	90.54	0.87	128.7	-3.48	342.6
Free Cash Flow Per Share	0.87	0.87	0.01	1.03	-0.03	2.56
Dividend Per Share	0.095	0.095	-	-	-	-
Gross Margin	27.25%	27.25%	23.45%	21.25%	12.04%	8.06%
Operating Margin	19.17%	19.17%	16.29%	14.05%	2.61%	2.84%
Profit Margin	15.31%	15.31%	12.21%	9.97%	2.15%	0.50%
Free Cash Flow Margin	7.05%	7.05%	0.06%	9.74%	-0.40%	34.81%
EBITDA	247.41	247.41	249.73	186.99	24.19	29.46
EBITDA Margin	19.26%	19.26%	16.37%	14.15%	2.75%	2.99%
D&A For EBITDA	1.18	1.18	1.18	1.24	1.21	1.55
EBIT	246.23	246.23	248.55	185.75	22.98	27.92
EBIT Margin	19.17%	19.17%	16.29%	14.05%	2.61%	2.84%
Effective Tax Rate	27.03%	27.03%	26.18%	26.35%	29.11%	59.91%
Advertising Expenses	-	-	-	8.71	4.82	8.75

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