Combined Motor Holdings Income Statement

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

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Operating Revenue	15,699	13,236	12,823	12,415	11,168
Other Revenue	12.18	15.57	16.15	19.58	-
Revenue	15,711	13,252	12,840	12,434	11,168
Revenue Growth (YoY)	18.56%	3.21%	3.26%	11.34%	30.17%
Cost of Revenue	13,007	10,787	10,314	10,037	9,098
Gross Profit	2,704	2,465	2,526	2,397	2,070
Selling, General & Admin	1,976	1,680	1,619	1,478	1,332
Other Operating Expenses	-24.78	-20.26	-23.87	-21.03	-16.58
Operating Expenses	1,951	1,826	1,755	1,610	1,464
Operating Income	752.75	638.73	771.31	787.05	605.76
Interest Expense	-282.18	-288.06	-280.01	-192.76	-124.11
Interest & Investment Income	-	56.71	55.81	39.79	28.31
Currency Exchange Gain (Loss)	-	-0.24	1.52	-0.4	-
Other Non Operating Income (Expenses)	62.29	-	-	-	-
EBT Excluding Unusual Items	532.86	407.15	548.62	633.67	509.97
Impairment of Goodwill	-4.11	-	-	-17.67	-
Gain (Loss) on Sale of Assets	-	-0.12	0.04	-0.63	0.22
Other Unusual Items	-	-	-	-	0.17
Pretax Income	528.75	408.2	556.96	620.44	510.35
Income Tax Expense	137.81	106.71	148.47	176.98	135.47
Earnings From Continuing Operations	390.95	301.49	408.48	443.46	374.89
Net Income	390.95	301.49	408.48	443.46	374.89
Net Income to Common	390.95	301.49	408.48	443.46	374.89
Net Income Growth	29.67%	-26.19%	-7.89%	18.29%	122.14%
Shares Outstanding (Basic)	74	75	75	75	75
Shares Outstanding (Diluted)	74	76	76	77	77
Shares Change (YoY)	-2.03%	-0.26%	-1.20%	0.34%	2.79%
EPS (Basic)	5.31	4.03	5.46	5.93	5.01
EPS (Diluted)	5.25	3.97	5.36	5.75	4.88
EPS Growth	32.35%	-25.99%	-6.77%	17.88%	116.14%
Free Cash Flow	857.67	714.69	670.96	475.13	361.82
Free Cash Flow Per Share	11.52	9.40	8.80	6.16	4.71
Dividend Per Share	-	2.730	3.660	4.080	3.350
Dividend Growth	-	-25.41%	-10.29%	21.79%	48.89%
Gross Margin	17.21%	18.60%	19.67%	19.28%	18.54%
Operating Margin	4.79%	4.82%	6.01%	6.33%	5.42%
Profit Margin	2.49%	2.27%	3.18%	3.57%	3.36%
Free Cash Flow Margin	5.46%	5.39%	5.23%	3.82%	3.24%
EBITDA	928.79	812.99	950.44	1,013	731.37
EBITDA Margin	5.91%	6.13%	7.40%	8.15%	6.55%
D&A For EBITDA	176.05	174.25	179.14	225.89	125.61
EBIT	752.75	638.73	771.31	787.05	605.76
EBIT Margin	4.79%	4.82%	6.01%	6.33%	5.42%
Effective Tax Rate	26.06%	26.14%	26.66%	28.52%	26.54%
Revenue as Reported	-	13,252	12,840	-	-
Advertising Expenses	-	70.07	56.4	53.19	36.7

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