Exxaro Resources Income Statement

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	43,320	41,771	40,725	38,698	46,369	32,771
Revenue Growth	2.36%	2.57%	5.24%	-16.54%	41.49%	13.30%
Cost of Revenue	17,993	17,885	17,938	15,576	12,979	9,651
Gross Profit	25,327	23,886	22,787	23,122	33,390	23,120
Selling, General & Admin	14,160	13,138	12,097	9,756	14,505	12,808
Research & Development	-	-	-	-	1	2
Other Operating Expenses	924	525	650	316	527	176
Operating Expenses	18,087	16,551	15,520	12,787	17,731	15,691
Operating Income	7,240	7,335	7,267	10,335	15,659	7,429
Interest Expense	-888	-778	-940	-1,036	-854	-650
Interest & Investment Income	1,514	1,750	1,796	1,581	705	295
Earnings From Equity Investments	3,711	4,488	4,270	6,987	6,477	9,790
Currency Exchange Gain (Loss)	-146	-334	97	124	777	546
Other Non Operating Income (Expenses)	-	-	-	-	-91	-52
EBT Excluding Unusual Items	11,431	12,461	12,490	17,991	22,673	17,358
Gain (Loss) on Sale of Investments	-179	-	-	-	-283	361
Gain (Loss) on Sale of Assets	-207	-211	-43	-57	-98	-993
Asset Writedown	-	-	-	-	-	-21
Other Unusual Items	-	-	-	-	-	-21
Pretax Income	11,045	12,250	12,447	17,934	22,292	16,684
Income Tax Expense	2,283	2,390	2,377	3,231	4,287	2,203
Earnings From Continuing Operations	8,762	9,860	10,070	14,703	18,005	14,481
Earnings From Discontinued Operations	-	-	-	-	-	1,465
Net Income to Company	8,762	9,860	10,070	14,703	18,005	15,946
Minority Interest in Earnings	-2,073	-2,296	-2,346	-3,411	-4,179	-3,279
Net Income	6,689	7,564	7,724	11,292	13,826	12,667
Net Income to Common	6,689	7,564	7,724	11,292	13,826	12,667
Net Income Growth	-18.20%	-2.07%	-31.60%	-18.33%	9.15%	73.93%
Shares Outstanding (Basic)	235	238	242	242	242	247
Shares Outstanding (Diluted)	235	238	242	242	242	247
Shares Change	-2.90%	-1.65%	-	-	-2.02%	-1.59%
EPS (Basic)	28.52	31.78	31.92	46.66	57.13	51.28
EPS (Diluted)	28.52	31.78	31.92	46.66	57.13	51.28
EPS Growth	-15.75%	-0.43%	-31.60%	-18.33%	11.40%	76.73%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	3,962	3,281	5,977	8,430	12,758	5,961
Free Cash Flow Per Share	16.90	13.79	24.70	34.84	52.72	24.13
Dividend Per Share	17.000	18.430	16.620	21.530	27.290	32.520
Dividend Growth	-0.53%	10.89%	-22.80%	-21.11%	-16.08%	72.43%
Gross Margin	58.47%	57.18%	55.95%	59.75%	72.01%	70.55%
Operating Margin	16.71%	17.56%	17.84%	26.71%	33.77%	22.67%
Profit Margin	15.44%	18.11%	18.97%	29.18%	29.82%	38.65%
Free Cash Flow Margin	9.15%	7.85%	14.68%	21.78%	27.51%	18.19%
EBITDA	10,243	10,223	10,040	13,050	18,280	10,041
EBITDA Margin	23.64%	24.47%	24.65%	33.72%	39.42%	30.64%
D&A For EBITDA	3,003	2,888	2,773	2,715	2,621	2,612
EBIT	7,240	7,335	7,267	10,335	15,659	7,429
EBIT Margin	16.71%	17.56%	17.84%	26.71%	33.77%	22.67%
Effective Tax Rate	20.67%	19.51%	19.10%	18.02%	19.23%	13.20%