Sunbird Tourism Income Statement

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

Millions MWK. 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	71,745	54,595	34,825	25,670	16,589
Revenue Growth (YoY)	31.41%	56.77%	35.66%	54.75%	22.79%
Cost of Revenue	23,600	15,723	10,774	8,496	5,986
Gross Profit	48,146	38,872	24,051	17,174	10,602
Selling, General & Admin	25,785	18,439	14,315	10,497	7,569
Other Operating Expenses	-282.51	-221.72	-285.21	-180.15	-107.24
Operating Expenses	25,503	19,904	14,962	11,254	8,478
Operating Income	22,643	18,968	9,090	5,920	2,124
Interest Expense	-640.92	-2,224	-2,141	-2,103	-1,243
Interest & Investment Income	76.04	87.71	90.83	24.48	67.25
Currency Exchange Gain (Loss)	-	74.11	1,035	6.24	-
Other Non Operating Income (Expenses)	-	-322.89	-291.4	-46.2	-43.48
EBT Excluding Unusual Items	22,078	16,583	7,783	3,802	904.6
Gain (Loss) on Sale of Assets	-	-9.04	-19.72	-112.77	-54.71
Asset Writedown	-	-	-218.32	-	-
Pretax Income	22,078	16,591	7,556	3,702	863.01
Income Tax Expense	9,599	5,966	2,304	651.5	113.61
Net Income	12,479	10,625	5,252	3,051	749.39
Net Income to Common	12,479	10,625	5,252	3,051	749.39
Net Income Growth	17.45%	102.30%	72.17%	307.06%	-
Shares Outstanding (Basic)	262	262	262	262	262
Shares Outstanding (Diluted)	262	262	262	262	262
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	47.70	40.62	20.08	11.66	2.86
EPS (Diluted)	47.70	40.62	20.08	11.66	2.86
EPS Growth	17.44%	102.30%	72.17%	307.06%	-
Free Cash Flow	-3,061	-2,312	2,581	3,052	-1,805
Free Cash Flow Per Share	-11.70	-8.84	9.87	11.67	-6.90
Dividend Per Share	-	13.000	7.700	2.000	-
Dividend Growth	-	68.83%	285.00%	-	-
Gross Margin	67.11%	71.20%	69.06%	66.90%	63.91%
Operating Margin	31.56%	34.74%	26.10%	23.06%	12.80%
Profit Margin	17.39%	19.46%	15.08%	11.88%	4.52%
Free Cash Flow Margin	-4.27%	-4.23%	7.41%	11.89%	-10.88%
EBITDA	24,105	20,430	9,953	6,824	2,945
EBITDA Margin	33.60%	37.42%	28.58%	26.58%	17.75%
D&A For EBITDA	1,462	1,462	863.54	903.66	821.04
EBIT	22,643	18,968	9,090	5,920	2,124
EBIT Margin	31.56%	34.74%	26.10%	23.06%	12.80%
Effective Tax Rate	43.48%	35.96%	30.49%	17.60%	13.16%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.