Tharisa plc (JSE: THA)

Tharisa Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	721.39	721.39	649.89	686	596.35	406
Revenue Growth (YoY)	11.00%	11.00%	-5.26%	15.03%	46.88%	18.41%
Cost of Revenue	537.04	537.04	495.11	441.16	383.98	272.47
Gross Profit	184.36	184.36	154.79	244.84	212.37	133.52
Selling, General & Admin	58.62	58.62	50.36	45.18	41.45	30.96
Research & Development	1.03	1.03	1.25	0.69	0.61	0.18
Other Operating Expenses	1.38	1.38	-0.77	1.41	1.28	-0.4
Operating Expenses	64.47	64.47	53.05	49.54	44.45	33.55
Operating Income	119.89	119.89	101.74	195.3	167.92	99.98
Interest Expense	-9.38	-9.38	-5.66	-3.02	-3.35	-6.93
Interest & Investment Income	8.6	8.6	4.77	1.38	1.39	0.94
Earnings From Equity Investments	-	-	-	-5.23	-0.25	-0.61
Currency Exchange Gain (Loss)	0.53	0.53	-3.59	2.3	15.11	-8.21
Other Non Operating Income (Expenses)	-0.87	-0.87	15.38	-0.24	-1.16	-6.8
EBT Excluding Unusual Items	118.77	118.77	112.64	190.49	179.67	78.37
Impairment of Goodwill	-	-	-	-1.85	-	-
Gain (Loss) on Sale of Investments	0.85	0.85	5.15	-5.63	10.54	0.48
Gain (Loss) on Sale of Assets	-	-	-	-1.48	-	-
Asset Writedown	-1.94	-1.94	-3.45	-9.69	-4.95	-3.09
Other Unusual Items	-	-	-	48.39	-	-
Pretax Income	117.68	117.68	114.34	220.22	185.26	75.75
Income Tax Expense	35.04	35.04	27.56	53.07	53.71	20.8
Earnings From Continuing Operations	82.64	82.64	86.78	167.16	131.54	54.95
Minority Interest in Earnings	0.25	0.25	-4.54	-13.28	-31.07	-11.66
Net Income	82.9	82.9	82.24	153.88	100.47	43.3
Net Income to Common	82.9	82.9	82.24	153.88	100.47	43.3
Net Income Growth	0.80%	0.80%	-46.56%	53.16%	132.05%	307.84%
Shares Outstanding (Basic)	299	299	300	286	269	267
Shares Outstanding (Diluted)	307	307	303	286	269	267
Shares Change (YoY)	1.58%	1.58%	5.88%	6.10%	0.79%	0.94%
EPS (Basic)	0.28	0.28	0.27	0.54	0.37	0.16
EPS (Diluted)	0.27	0.27	0.27	0.54	0.37	0.16
EPS Growth	-0.74%	-0.74%	-49.44%	44.24%	130.25%	305.00%
Free Cash Flow	9.55	9.55	78.39	68.66	102.36	2.4
Free Cash Flow Per Share	0.03	0.03	0.26	0.24	0.38	0.01
Dividend Per Share	0.045	0.045	0.050	0.070	0.090	0.035
Dividend Growth	-10.00%	-10.00%	-28.57%	-22.22%	157.14%	366.67%
Gross Margin	25.56%	25.56%	23.82%	35.69%	35.61%	32.89%
Operating Margin	16.62%	16.62%	15.65%	28.47%	28.16%	24.62%
Profit Margin	11.49%	11.49%	12.65%	22.43%	16.85%	10.66%
Free Cash Flow Margin	1.32%	1.32%	12.06%	10.01%	17.17%	0.59%
EBITDA	173.84	173.84	139.62	232.1	200.53	124.69
EBITDA Margin	24.10%	24.10%	21.48%	33.83%	33.63%	30.71%
D&A For EBITDA	53.95	53.95	37.89	36.8	32.6	24.71
EBIT	119.89	119.89	101.74	195.3	167.92	99.98
EBIT Margin	16.62%	16.62%	15.65%	28.47%	28.16%	24.62%
Effective Tax Rate	29.77%	29.77%	24.11%	24.10%	28.99%	27.46%

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