Deneb Investments Limited (JSE:DNB)

Deneb Investments Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	4,140	3,749	3,528	3,290	2,880	2,604
Revenue Growth (YoY)	16.36%	6.28%	7.23%	14.25%	10.60%	-9.33%
Cost of Revenue	3,178	2,846	2,696	2,503	2,102	1,910
Gross Profit	961.95	902.88	832.02	786.79	777.7	693.94
Selling, General & Admin	681.88	660.25	623.34	619.9	571.62	532.31
Other Operating Expenses	-18.1	-14.79	-35.67	-29.13	-48.08	-39.24
Operating Expenses	663.78	645.46	587.68	590.77	523.54	493.07
Operating Income	298.17	257.42	244.35	196.03	254.15	200.86
Interest Expense	-104.64	-112.66	-124.69	-90.04	-65.47	-82.18
Interest & Investment Income	5.68	3.84	1.37	1.62	1.57	6.81
Currency Exchange Gain (Loss)	-0.52	-0.52	3.77	8.08	2.05	-18.78
EBT Excluding Unusual Items	198.69	148.08	124.8	115.69	192.31	106.71
Merger & Restructuring Charges	-	-	-	-	-	-11.72
Gain (Loss) on Sale of Assets	2.97	2.97	4.07	1.43	0.76	-1.38
Asset Writedown	7.82	7.82	-1.02	2.25	-17.13	42.9
Other Unusual Items	0.38	0.38	-	-14.07	-0.07	0.08
Pretax Income	209.86	159.25	127.86	192.92	175.86	136.6
Income Tax Expense	50.98	41.84	27.2	52.11	48.17	7.02
Earnings From Continuing Operations	158.87	117.41	100.66	140.81	127.69	129.58
Earnings From Discontinued Operations	-	-	-	-5.71	-3.3	-5.49
Net Income to Company	158.87	117.41	100.66	135.1	124.39	124.09
Minority Interest in Earnings	-0.25	0.91	0.48	0.41	-	0.53
Net Income	158.62	118.32	101.14	135.51	124.39	124.62
Net Income to Common	158.62	118.32	101.14	135.51	124.39	124.62
Net Income Growth	66.84%	16.99%	-25.36%	8.93%	-0.18%	-
Shares Outstanding (Basic)	442	440	439	437	436	435
Shares Outstanding (Diluted)	449	446	451	448	445	435
Shares Change (YoY)	0.10%	-1.03%	0.60%	0.55%	2.35%	0.15%
EPS (Basic)	0.36	0.27	0.23	0.31	0.29	0.29
EPS (Diluted)	0.35	0.27	0.22	0.30	0.28	0.29
EPS Growth	66.66%	18.22%	-25.80%	8.33%	-2.47%	-
Free Cash Flow	239.92	60.59	110.37	-97.22	-16.83	155.32
Free Cash Flow Per Share	0.53	0.14	0.24	-0.22	-0.04	0.36
Dividend Per Share	0.110	0.110	0.100	0.100	0.090	0.070
Dividend Growth	10.00%	10.00%	-	11.11%	28.57%	-
Gross Margin	23.24%	24.08%	23.59%	23.92%	27.01%	26.65%
Operating Margin	7.20%	6.87%	6.93%	5.96%	8.83%	7.71%
Profit Margin	3.83%	3.16%	2.87%	4.12%	4.32%	4.79%
Free Cash Flow Margin	5.80%	1.62%	3.13%	-2.96%	-0.58%	5.97%
EBITDA	383.9	343.14	320.11	257.54	306.34	246.41
EBITDA Margin	9.27%	9.15%	9.07%	7.83%	10.64%	9.46%
D&A For EBITDA	85.73	85.72	75.76	61.51	52.19	45.54
EBIT	298.17	257.42	244.35	196.03	254.15	200.86
EBIT Margin	7.20%	6.87%	6.93%	5.96%	8.83%	7.71%
Effective Tax Rate	24.30%	26.27%	21.27%	27.01%	27.39%	5.14%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.