Deneb Investments Limited (JSE: DNB)

Deneb Investments Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	3,557	3,528	3,290	2,880	2,604	2,872
Revenue Growth (YoY)	5.77%	7.23%	14.25%	10.60%	-9.33%	-2.85%
Cost of Revenue	2,707	2,696	2,503	2,102	1,910	2,147
Gross Profit	850.32	832.02	786.79	777.7	693.94	724.25
Selling, General & Admin	630.26	623.34	619.9	571.62	532.31	604.42
Other Operating Expenses	-19.41	-35.67	-29.13	-48.08	-39.24	-29.92
Operating Expenses	610.85	587.68	590.77	523.54	493.07	574.5
Operating Income	239.47	244.35	196.03	254.15	200.86	149.75
Interest Expense	-122.25	-124.69	-90.04	-65.47	-82.18	-127.3
Interest & Investment Income	2.21	1.37	1.62	1.57	6.81	1.8
Currency Exchange Gain (Loss)	3.77	3.77	8.08	2.05	-18.78	23.45
EBT Excluding Unusual Items	123.21	124.8	115.69	192.31	106.71	47.71
Merger & Restructuring Charges	-	-	-	-	-11.72	-
Impairment of Goodwill	-	-	-	-	-	-8.02
Gain (Loss) on Sale of Assets	4.07	4.07	1.43	0.76	-1.38	-0.16
Asset Writedown	-1.02	-1.02	2.25	-17.13	42.9	-57.24
Other Unusual Items	-	-	-14.07	-0.07	0.08	-
Pretax Income	126.26	127.86	192.92	175.86	136.6	-17.71
Income Tax Expense	32.5	27.2	52.11	48.17	7.02	-19.59
Earnings From Continuing Operations	93.77	100.66	140.81	127.69	129.58	1.88
Earnings From Discontinued Operations	-	-	-5.71	-3.3	-5.49	-131.22
Net Income to Company	93.77	100.66	135.1	124.39	124.09	-129.34
Minority Interest in Earnings	1.31	0.48	0.41	-	0.53	2.31
Net Income	95.07	101.14	135.51	124.39	124.62	-127.03
Net Income to Common	95.07	101.14	135.51	124.39	124.62	-127.03
Net Income Growth	-19.96%	-25.36%	8.93%	-0.18%	-	-
Shares Outstanding (Basic)	439	439	437	436	435	434
Shares Outstanding (Diluted)	448	451	448	445	435	434
Shares Change (YoY)	0.15%	0.61%	0.55%	2.35%	0.15%	-1.77%
EPS (Basic)	0.22	0.23	0.31	0.29	0.29	-0.29
EPS (Diluted)	0.21	0.22	0.30	0.28	0.29	-0.29
EPS Growth	-20.06%	-25.80%	8.33%	-2.47%	-	-
Free Cash Flow	79.87	110.37	-97.22	-16.83	155.32	311.59
Free Cash Flow Per Share	0.18	0.24	-0.22	-0.04	0.36	0.72
Dividend Per Share	0.100	0.100	0.100	0.090	0.070	-
Dividend Growth	0%	0%	11.11%	28.57%	-	-
Gross Margin	23.90%	23.59%	23.92%	27.01%	26.65%	25.22%
Operating Margin	6.73%	6.93%	5.96%	8.83%	7.71%	5.21%
Profit Margin	2.67%	2.87%	4.12%	4.32%	4.79%	-4.42%
Free Cash Flow Margin	2.25%	3.13%	-2.96%	-0.58%	5.97%	10.85%
EBITDA	316.06	320.11	257.54	306.34	246.41	199.37
EBITDA Margin	8.88%	9.07%	7.83%	10.64%	9.46%	6.94%
D&A For EBITDA	76.59	75.76	61.51	52.19	45.54	49.62
EBIT	239.47	244.35	196.03	254.15	200.86	149.75
EBIT Margin	6.73%	6.93%	5.96%	8.83%	7.71%	5.21%
Effective Tax Rate	25.74%	21.27%	27.01%	27.39%	5.14%	-

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