Exxaro Resources Limited (JSE: EXX)

Exxaro Resources Income Statement

Financials in millions ZAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	38,736	38,698	46,369	32,771	28,924	25,726
Revenue Growth (YoY)	-9.88%	-16.54%	41.49%	13.30%	12.43%	0.92%
Cost of Revenue	11,929	10,861	12,979	9,651	9,243	8,176
Gross Profit	26,807	27,837	33,390	23,120	19,681	17,550
Selling, General & Admin	16,112	15,024	14,505	12,808	12,741	12,209
Research & Development	2	2	1	2	4	4
Other Operating Expenses	545	296	527	176	-64	196
Operating Expenses	19,458	18,049	17,731	15,691	15,180	14,338
Operating Income	7,349	9,788	15,659	7,429	4,501	3,212
Interest Expense	-1,045	-1,036	-854	-650	-780	-108
Interest & Investment Income	1,853	1,581	705	295	221	312
Earnings From Equity Investments	5,739	6,987	6,477	9,790	6,204	4,693
Currency Exchange Gain (Loss)	-74	124	777	546	50	101
Other Non Operating Income (Expenses)	-39	-39	-91	-52	-36	6
EBT Excluding Unusual Items	13,783	17,405	22,673	17,358	10,160	8,216
Gain (Loss) on Sale of Investments	588	588	-283	361	928	200
Gain (Loss) on Sale of Assets	-66	-57	-98	-993	-88	41
Asset Writedown	-	-	-	-21	-1,378	23
Other Unusual Items	-2	-2	-	-21	15	297
Pretax Income	14,303	17,934	22,292	16,684	9,669	8,925
Income Tax Expense	2,483	3,231	4,287	2,203	719	968
Earnings From Continuing Operations	11,820	14,703	18,005	14,481	8,950	7,957
Earnings From Discontinued Operations	-	-	-	1,465	214	2,110
Net Income to Company	11,820	14,703	18,005	15,946	9,164	10,067
Minority Interest in Earnings	-2,747	-3,411	-4,179	-3,279	-1,881	-258
Net Income	9,073	11,292	13,826	12,667	7,283	9,809
Net Income to Common	9,073	11,292	13,826	12,667	7,283	9,809
Net Income Growth	-20.97%	-18.33%	9.15%	73.93%	-25.75%	38.90%
Shares Outstanding (Basic)	242	242	242	247	251	251
Shares Outstanding (Diluted)	242	242	242	247	251	251
Shares Change (YoY)	-	-	-2.02%	-1.59%	-	-23.01%
EPS (Basic)	37.49	46.66	57.13	51.28	29.02	39.08
EPS (Diluted)	37.49	46.66	57.13	51.28	29.02	39.08
EPS Growth	-20.97%	-18.33%	11.41%	76.73%	-25.75%	81.28%
Free Cash Flow	6,639	8,430	12,758	5,961	2,318	-2,593
Free Cash Flow Per Share	27.43	34.83	52.72	24.13	9.24	-10.33
Dividend Per Share	18.060	21.530	27.290	32.520	18.860	14.300
Dividend Growth	-20.75%	-21.11%	-16.08%	72.43%	31.89%	31.80%
Gross Margin	69.20%	71.93%	72.01%	70.55%	68.04%	68.22%
Operating Margin	18.97%	25.29%	33.77%	22.67%	15.56%	12.49%
Profit Margin	23.42%	29.18%	29.82%	38.65%	25.18%	38.13%
Free Cash Flow Margin	17.14%	21.78%	27.51%	18.19%	8.01%	-10.08%
EBITDA	10,073	12,443	18,280	10,041	6,866	5,065
EBITDA Margin	26.00%	32.15%	39.42%	30.64%	23.74%	19.69%
D&A For EBITDA	2,724	2,655	2,621	2,612	2,365	1,853
EBIT	7,349	9,788	15,659	7,429	4,501	3,212
EBIT Margin	18.97%	25.29%	33.77%	22.67%	15.56%	12.49%
Effective Tax Rate	17.36%	18.02%	19.23%	13.20%	7.44%	10.85%

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