British American Tobacco (Zambia) Plc (LUSE:BATZ)

Iteris Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	892.21	632.8	535.87	470.2	343.23
Revenue	892.21	632.8	535.87	470.2	343.23
Revenue Growth (YoY)	40.99%	18.09%	13.97%	36.99%	48.82%
Cost of Revenue	443.45	331.41	225.16	232.37	188.98
Gross Profit	448.76	301.39	310.71	237.83	154.25
Selling, General & Admin	172.47	137.19	131.81	121.89	89.86
Other Operating Expenses	-8.15	-	-	-15.88	10.69
Operating Expenses	164.33	137.19	131.81	106.01	100.55
Operating Income	284.44	164.2	178.9	131.82	53.7
Interest Expense	-4.36	-14.08	-21.07	-33.56	-19.03
Interest & Investment Income	7.25	7.37	4.23	2.14	2.81
Currency Exchange Gain (Loss)	-1.78	-1.61	2.67	-17.95	-75.09
EBT Excluding Unusual Items	285.55	155.88	164.73	82.45	-37.62
Gain (Loss) on Sale of Assets	1.22	0.8	0.92	1.33	0.68
Pretax Income	286.77	156.68	165.65	83.79	-36.94
Income Tax Expense	90.61	44.65	65.29	22.02	-9.68
Net Income	196.16	112.03	100.36	61.76	-27.26
Net Income to Common	196.16	112.03	100.36	61.76	-27.26
Net Income Growth	75.09%	11.63%	62.49%	-	-
Shares Outstanding (Basic)	212	212	212	212	212
Shares Outstanding (Diluted)	212	212	212	212	212
EPS (Basic)	0.92	0.53	0.47	0.29	-0.13
EPS (Diluted)	0.92	0.53	0.47	0.29	-0.13
EPS Growth	75.09%	11.63%	62.49%	-	-
Free Cash Flow	164.1	123.8	78.83	124.48	49.99
Free Cash Flow Per Share	0.77	0.58	0.37	0.59	0.23
Dividend Per Share	0.720	0.150	0.150	0.100	-
Dividend Growth	380.00%	-	50.00%	-	-
Gross Margin	50.30%	47.63%	57.98%	50.58%	44.94%
Operating Margin	31.88%	25.95%	33.38%	28.04%	15.65%
Profit Margin	21.99%	17.70%	18.73%	13.14%	-7.94%
Free Cash Flow Margin	18.39%	19.56%	14.71%	26.47%	14.56%
EBITDA	295.79	174.53	189.1	153.12	69.15
EBITDA Margin	33.15%	27.58%	35.29%	32.56%	20.15%
D&A For EBITDA	11.36	10.33	10.2	21.3	15.45
EBIT	284.44	164.2	178.9	131.82	53.7
EBIT Margin	31.88%	25.95%	33.38%	28.04%	15.65%
Effective Tax Rate	31.60%	28.50%	39.41%	26.28%	-

Updated Oct 2, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.