Remgro Limited (JSE: REM)

Remgro Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Revenue	49,408	48,151	41,876	65,803	54,732	56,968
Revenue Growth (YoY)	42.04%	14.98%	-36.36%	20.23%	-3.93%	83.09%
Cost of Revenue	31,680	30,812	26,066	40,087	33,851	33,880
Gross Profit	17,728	17,339	15,810	25,716	20,881	23,088
Selling, General & Admin	7,821	7,486	7,039	10,901	10,162	8,576
Other Operating Expenses	6,043	6,505	5,718	8,860	7,782	10,205
Operating Expenses	14,930	15,023	13,701	21,472	19,626	20,084
Operating Income	2,798	2,316	2,109	4,244	1,255	3,004
Interest Expense	-1,076	-1,002	-887	-1,548	-1,876	-1,477
Interest & Investment Income	2,112	2,146	1,023	812	907	1,346
Earnings From Equity Investments	516	3,296	10,786	1,618	-2,272	1,708
Other Non Operating Income (Expenses)	-	-	-	-	2	112
EBT Excluding Unusual Items	4,350	6,756	13,031	5,126	-1,984	4,693
Gain (Loss) on Sale of Investments	238	276	562	1,149	3,363	-5,396
Asset Writedown	-3,987	-497	-9	-93	-3,377	-1,685
Other Unusual Items	-	-	-	8	278	-
Pretax Income	601	6,535	13,584	6,190	-1,720	-2,388
Income Tax Expense	998	832	757	1,135	452	987
Earnings From Continuing Operations	-397	5,703	12,827	5,055	-2,172	-3,375
Earnings From Discontinued Operations	3,682	3,788	694	-	8,755	11,127
Net Income to Company	3,285	9,491	13,521	5,055	6,583	7,752
Minority Interest in Earnings	-6	133	-382	-1,505	63	-433
Net Income	3,279	9,624	13,139	3,550	6,646	7,319
Net Income to Common	3,279	9,624	13,139	3,550	6,646	7,319
Net Income Growth	-74.08%	-26.75%	270.11%	-46.58%	-9.20%	-18.16%
Shares Outstanding (Basic)	558	563	564	565	565	566
Shares Outstanding (Diluted)	559	566	567	567	566	566
Shares Change (YoY)	-1.35%	-0.22%	0.11%	0.14%	-0.13%	-0.11%
EPS (Basic)	5.87	17.10	23.28	6.28	11.76	12.94
EPS (Diluted)	5.81	16.96	23.13	6.26	11.74	12.94
EPS Growth	-73.89%	-26.65%	269.69%	-46.70%	-9.30%	-17.45%
Free Cash Flow	-491	-786	4,534	3,809	3,270	3,664
Free Cash Flow Per Share	-0.88	-1.39	7.99	6.72	5.78	6.47
Dividend Per Share	2.400	2.400	1.500	0.900	2.650	5.640
Dividend Growth	45.45%	60.00%	66.67%	-66.04%	-53.01%	6.02%
Gross Margin	35.88%	36.01%	37.75%	39.08%	38.15%	40.53%
Operating Margin	5.66%	4.81%	5.04%	6.45%	2.29%	5.27%
Profit Margin	6.64%	19.99%	31.38%	5.39%	12.14%	12.85%
Free Cash Flow Margin	-0.99%	-1.63%	10.83%	5.79%	5.97%	6.43%
EBITDA	5,020	4,504	4,382	6,333	3,352	4,800
EBITDA Margin	10.16%	9.35%	10.46%	9.62%	6.12%	8.43%
D&A For EBITDA	2,222	2,188	2,273	2,089	2,097	1,796
EBIT	2,798	2,316	2,109	4,244	1,255	3,004
EBIT Margin	5.66%	4.81%	5.04%	6.45%	2.29%	5.27%
Effective Tax Rate	166.06%	12.73%	5.57%	18.34%	-	-
Advertising Expenses	-	861	823	1,650	1,711	-

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