Tharisa plc (JSE: THA)

Tharisa Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	683.75	649.89	686	596.35	406	342.89
Revenue Growth (YoY)	-0.51%	-5.26%	15.03%	46.88%	18.41%	-15.60%
Cost of Revenue	540.77	495.11	441.16	383.98	272.47	278.32
Gross Profit	142.98	154.79	244.84	212.37	133.52	64.57
Selling, General & Admin	51.71	50.36	45.18	41.45	30.96	35.11
Research & Development	1.4	1.25	0.69	0.61	0.18	0.35
Other Operating Expenses	0.02	-0.77	1.41	1.28	-0.4	1.21
Operating Expenses	56.6	53.05	49.54	44.45	33.55	37.49
Operating Income	86.38	101.74	195.3	167.92	99.98	27.07
Interest Expense	-8.68	-5.92	-3.02	-3.35	-6.93	-7.67
Interest & Investment Income	6.49	4.77	1.38	1.39	0.94	1.44
Earnings From Equity Investments	-	-	-5.23	-0.25	-0.61	-1.65
Currency Exchange Gain (Loss)	1.36	-3.59	2.3	15.11	-8.21	0.35
Other Non Operating Income (Expenses)	6.58	15.64	-0.24	-1.16	-6.8	-4.52
EBT Excluding Unusual Items	92.12	112.64	190.49	179.67	78.37	15.02
Impairment of Goodwill	-	-	-1.85	-	-	-
Gain (Loss) on Sale of Investments	6.92	5.15	-5.63	10.54	0.48	0.31
Gain (Loss) on Sale of Assets	-	-	-1.48	-	-	-0.03
Asset Writedown	-3.92	-3.45	-9.69	-4.95	-3.09	-4.14
Other Unusual Items	-	-	48.39	-	-	-
Pretax Income	95.13	114.34	220.22	185.26	75.75	11.16
Income Tax Expense	24.22	27.56	53.07	53.71	20.8	2.78
Earnings From Continuing Operations	70.91	86.78	167.16	131.54	54.95	8.38
Minority Interest in Earnings	-2.32	-4.54	-13.28	-31.07	-11.66	2.24
Net Income	68.59	82.24	153.88	100.47	43.3	10.62
Net Income to Common	68.59	82.24	153.88	100.47	43.3	10.62
Net Income Growth	-41.38%	-46.56%	53.16%	132.05%	307.84%	-78.08%
Shares Outstanding (Basic)	300	300	286	269	267	263
Shares Outstanding (Diluted)	304	303	286	269	267	265
Shares Change (YoY)	1.49%	5.88%	6.10%	0.79%	0.94%	0.13%
EPS (Basic)	0.23	0.27	0.54	0.37	0.16	0.04
EPS (Diluted)	0.23	0.27	0.54	0.37	0.16	0.04
EPS Growth	-42.31%	-49.44%	44.24%	130.25%	305.00%	-77.78%
Free Cash Flow	2.68	78.39	68.66	102.36	2.4	26.06
Free Cash Flow Per Share	0.01	0.26	0.24	0.38	0.01	0.10
Dividend Per Share	0.035	0.050	0.070	0.090	0.035	0.007
Dividend Growth	-50.00%	-28.57%	-22.22%	157.14%	366.67%	-81.25%
Gross Margin	20.91%	23.82%	35.69%	35.61%	32.89%	18.83%
Operating Margin	12.63%	15.65%	28.47%	28.16%	24.62%	7.90%
Profit Margin	10.03%	12.65%	22.43%	16.85%	10.66%	3.10%
Free Cash Flow Margin	0.39%	12.06%	10.01%	17.17%	0.59%	7.60%
EBITDA	131.04	139.62	232.1	200.53	124.69	51.76
EBITDA Margin	19.16%	21.48%	33.83%	33.63%	30.71%	15.09%
D&A For EBITDA	44.66	37.89	36.8	32.6	24.71	24.68
EBIT	86.38	101.74	195.3	167.92	99.98	27.07
EBIT Margin	12.63%	15.65%	28.47%	28.16%	24.62%	7.90%
Effective Tax Rate	25.46%	24.11%	24.10%	28.99%	27.46%	24.91%

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