Livestock Feed Income Statement

Financials in millions MUR. Fiscal year is July - June.

Millions MUR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	6,883	6,163	5,762	5,397	4,522	3,247
Revenue Growth (YoY)	17.12%	6.95%	6.78%	19.34%	39.29%	-1.55%
Cost of Revenue	6,273	5,629	4,852	4,691	3,887	2,816
Gross Profit	610.81	533.65	909.94	706.01	635.3	430.75
Selling, General & Admin	-	-	452.24	424.99	328.87	329.74
Other Operating Expenses	-	-	-10.44	-13.72	-15.83	-9.83
Operating Expenses	-	-	468.72	417.9	356.57	334.51
Operating Income	610.81	533.65	441.22	288.11	278.73	96.24
Interest Expense	-107.89	-132.83	-96.19	-92.66	-63.84	-54.85
Interest & Investment Income	-	-	6	9.62	5.81	3.53
Earnings From Equity Investments	30.95	39.9	51.99	54.12	18.2	52.9
Currency Exchange Gain (Loss)	-	-	0.22	-18.43	-24.28	-11.4
EBT Excluding Unusual Items	533.87	440.72	403.24	240.77	214.62	86.42
Gain (Loss) on Sale of Investments	-	-	0.85	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.19	-0.49	0.01	0.22
Asset Writedown	-	-	-	-	-2.95	-
Pretax Income	533.87	440.72	404.28	240.28	211.68	86.64
Income Tax Expense	82	57.15	53.54	31	5.57	11.35
Net Income	451.87	383.57	350.74	209.28	206.12	75.3
Net Income to Common	451.87	383.57	350.74	209.28	206.12	75.3
Net Income Growth	14.74%	9.36%	67.60%	1.53%	173.75%	-57.90%
Shares Outstanding (Basic)	93	93	93	93	95	95
Shares Outstanding (Diluted)	93	93	93	93	95	95
Shares Change (YoY)	-	-	-	-1.79%	-	-
EPS (Basic)	4.87	4.13	3.78	2.25	2.18	0.80
EPS (Diluted)	4.87	4.13	3.78	2.25	2.18	0.80
EPS Growth	14.74%	9.36%	67.60%	3.39%	173.75%	-57.90%
Free Cash Flow	927.69	283.9	373.03	-59.05	-172.62	-192.62
Free Cash Flow Per Share	10.00	3.06	4.02	-0.64	-1.83	-2.04
Dividend Per Share	0.520	0.520	0.470	0.430	0.370	0.400
Dividend Growth	10.64%	10.64%	9.30%	16.22%	-7.50%	-
Gross Margin	8.87%	8.66%	15.79%	13.08%	14.05%	13.27%
Operating Margin	8.87%	8.66%	7.66%	5.34%	6.16%	2.96%
Profit Margin	6.57%	6.22%	6.09%	3.88%	4.56%	2.32%
Free Cash Flow Margin	13.48%	4.61%	6.47%	-1.09%	-3.82%	-5.93%
EBITDA	-	685.78	593.35	397.48	365.41	168.11
EBITDA Margin	-	11.13%	10.30%	7.36%	8.08%	5.18%
D&A For EBITDA	-	152.12	152.12	109.37	86.68	71.87
EBIT	610.81	533.65	441.22	288.11	278.73	96.24
EBIT Margin	8.87%	8.66%	7.66%	5.34%	6.16%	2.96%
Effective Tax Rate	15.36%	12.97%	13.24%	12.90%	2.63%	13.10%

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