Momentum Group Limited (JSE:MTM)

Momentum Group Income Statement

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Premiums & Annuity Revenue	43,527	39,756	39,119	38,893	37,036
Total Interest & Dividend Income	13,540	17,507	18,579	25,513	22,040
Gain (Loss) on Sale of Investments	59,253	29,322	40,835	-3,826	39,153
Other Revenue	-54,591	-31,130	-43,235	9,833	10,443
Total Revenue	61,729	55,455	55,298	70,413	108,672
Revenue Growth (YoY)	11.31%	0.28%	-21.47%	-35.21%	112.88%
Policy Benefits	34,392	32,331	33,230	35,549	81,382
Policy Acquisition & Underwriting Costs	-	-	-	7,432	7,193
Depreciation & Amortization	-	-	-	971	1,040
Selling, General & Administrative	-	-	-	680	692
Other Operating Expenses	13,567	12,597	11,322	7,923	6,805
Total Operating Expenses	47,959	44,928	44,552	59,607	103,432
Operating Income	13,770	10,527	10,746	10,806	5,240
Interest Expense	-2,117	-1,906	-2,611	-2,327	-1,616
Earnings From Equity Investments	70	-193	-120	-243	-237
Currency Exchange Gain (Loss)	-55	-65	72	37	-104
Other Non Operating Income (Expenses)	-	-	-112	-	-
EBT Excluding Unusual Items	11,668	8,363	7,975	8,273	3,283
Impairment of Goodwill	-	-	-	-717	-
Gain (Loss) on Sale of Assets	-	-	-	-	150
Asset Writedown	328	99	-263	-39	-591
Pretax Income	11,996	8,462	7,712	7,517	2,842
Income Tax Expense	5,881	4,526	4,521	3,709	2,298
Earnings From Continuing Ops.	6,115	3,936	3,191	3,808	544
Minority Interest in Earnings	-137	-89	-87	-97	-93
Net Income	5,978	3,847	3,104	3,711	451
Net Income to Common	5,978	3,847	3,104	3,711	451
Net Income Growth	55.39%	23.94%	-16.36%	722.84%	139.89%
Shares Outstanding (Basic)	1,343	1,360	1,411	1,424	1,439
Shares Outstanding (Diluted)	1,373	1,407	1,452	1,459	1,439
Shares Change (YoY)	-2.42%	-3.10%	-0.48%	1.39%	-0.90%
EPS (Basic)	4.45	2.83	2.20	2.61	0.31
EPS (Diluted)	4.35	2.76	2.16	2.57	0.31
EPS Growth	57.73%	27.61%	-15.79%	720.73%	142.64%
Free Cash Flow	4,086	-2,124	9,858	-6,145	8,608
Free Cash Flow Per Share	2.98	-1.51	6.79	-4.21	5.98
Dividend Per Share	1.750	1.250	1.200	1.000	0.400
Dividend Growth	40.00%	4.17%	20.00%	150.00%	-
Operating Margin	22.31%	18.98%	19.43%	15.35%	4.82%
Profit Margin	9.68%	6.94%	5.61%	5.27%	0.41%
Free Cash Flow Margin	6.62%	-3.83%	17.83%	-8.73%	7.92%
EBITDA	14,220	10,995	11,234	11,302	5,799
EBITDA Margin	23.04%	19.83%	20.32%	16.05%	5.34%
D&A For EBITDA	450	468	488	496	559
EBIT	13,770	10,527	10,746	10,806	5,240
EBIT Margin	22.31%	18.98%	19.43%	15.35%	4.82%
Effective Tax Rate	49.02%	53.49%	58.62%	49.34%	80.86%
Revenue as Reported	-	-	-	70,157	108,360

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