Sun International Income Statement

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	12,977	12,569	11,962	11,274	7,812
Revenue Growth (YoY)	3.25%	5.07%	6.10%	44.32%	29.04%
Cost of Revenue	5,637	5,249	4,992	4,614	3,513
Gross Profit	7,340	7,320	6,970	6,660	4,299
Selling, General & Admin	744	780	611	526	367
Amortization of Goodwill & Intangibles	67	70	62	89	91
Other Operating Expenses	3,267	3,094	2,986	2,852	2,209
Operating Expenses	4,814	4,669	4,406	4,217	3,449
Operating Income	2,526	2,651	2,564	2,443	850
Interest Expense	-518	-613	-662	-515	-609
Interest & Investment Income	37	20	12	7	4
Earnings From Equity Investments	1	-	-	1	-
Currency Exchange Gain (Loss)	-1	9	-17	-71	-30
Other Non Operating Income (Expenses)	348	-58	-13	-510	-184
EBT Excluding Unusual Items	2,393	2,009	1,884	1,355	31
Gain (Loss) on Sale of Investments	-	-	-1	-	-
Gain (Loss) on Sale of Assets	-30	-2	-31	-15	-22
Other Unusual Items	-	-	-	-	43
Pretax Income	2,365	2,013	1,860	1,368	574
Income Tax Expense	603	550	555	603	192
Earnings From Continuing Operations	1,762	1,463	1,305	765	382
Earnings From Discontinued Operations	14	644	83	-	-2
Net Income to Company	1,776	2,107	1,388	765	380
Minority Interest in Earnings	-160	-249	-183	-210	-117
Net Income	1,616	1,858	1,205	555	263
Net Income to Common	1,616	1,858	1,205	555	263
Net Income Growth	-13.03%	54.19%	117.12%	111.03%	-
Shares Outstanding (Basic)	242	243	244	247	249
Shares Outstanding (Diluted)	243	245	246	250	251
Shares Change (YoY)	-0.88%	-0.30%	-1.93%	-0.23%	43.49%
EPS (Basic)	6.67	7.64	4.94	2.24	1.05
EPS (Diluted)	6.66	7.57	4.72	2.22	1.05
EPS Growth	-12.04%	60.44%	112.52%	111.43%	-
Free Cash Flow	1,881	2,102	2,024	2,325	1,205
Free Cash Flow Per Share	7.75	8.58	8.24	9.28	4.80
Dividend Per Share	4.240	3.980	3.510	3.290	-
Dividend Growth	6.53%	13.39%	6.69%	-	-
Gross Margin	56.56%	58.24%	58.27%	59.07%	55.03%
Operating Margin	19.46%	21.09%	21.44%	21.67%	10.88%
Profit Margin	12.45%	14.78%	10.07%	4.92%	3.37%
Free Cash Flow Margin	14.49%	16.72%	16.92%	20.62%	15.43%
EBITDA	3,221	3,334	3,237	3,125	1,567
EBITDA Margin	24.82%	26.53%	27.06%	27.72%	20.06%
D&A For EBITDA	695	683	673	682	717
EBIT	2,526	2,651	2,564	2,443	850
EBIT Margin	19.46%	21.09%	21.44%	21.67%	10.88%
Effective Tax Rate	25.50%	27.32%	29.84%	44.08%	33.45%
Revenue as Reported	12,979	12,575	11,970	11,302	8,334
Advertising Expenses	729	631	470	464	341

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.