MFD Group Income Statement

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

Millions MUR. 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
Operating Revenue	1,196	1,142	1,098	1,059	1,012
Revenue	1,196	1,142	1,098	1,059	1,012
Revenue Growth (YoY)	4.74%	3.94%	3.70%	4.68%	18.82%
Cost of Revenue	-	657.29	630.17	-	-
Gross Profit	1,196	484.22	468.09	1,059	1,012
Other Operating Expenses	729.62	247.59	246.06	844.45	800.38
Operating Expenses	970.22	247.59	246.06	844.45	800.38
Operating Income	225.33	236.62	222.03	214.6	211.34
Interest Expense	-	-135.17	-141	-118.92	-119.23
Currency Exchange Gain (Loss)	-13.7	-5.4	-7.8	-3	-12.8
Other Non Operating Income (Expenses)	-121.53	-	-	-	-
Pretax Income	90.1	96.06	73.23	92.68	79.31
Income Tax Expense	8.07	20.83	19.41	22.91	26.51
Net Income	82.03	75.23	53.82	69.77	52.8
Net Income to Common	82.03	75.23	53.82	69.77	52.8
Net Income Growth	9.05%	39.77%	-22.86%	32.13%	101.36%
Shares Outstanding (Basic)	149	150	150	148	151
Shares Outstanding (Diluted)	149	150	150	148	151
Shares Change (YoY)	-0.86%	0.63%	0.71%	-1.60%	-2.20%
EPS (Basic)	0.55	0.50	0.36	0.47	0.35
EPS (Diluted)	0.55	0.50	0.36	0.47	0.35
EPS Growth	10.00%	38.89%	-23.40%	34.29%	105.88%
Dividend Per Share	0.520	-	-	0.740	-
Gross Margin	100.00%	42.42%	42.62%	100.00%	100.00%
Operating Margin	18.85%	20.73%	20.22%	20.26%	20.89%
Profit Margin	6.86%	6.59%	4.90%	6.59%	5.22%
EBITDA	465.93	484.36	466.01	-	-
EBITDA Margin	38.97%	42.43%	42.43%	-	-
D&A For EBITDA	240.6	247.73	243.99	-	-
EBIT	225.33	236.62	222.03	214.6	211.34
EBIT Margin	18.85%	20.73%	20.22%	20.26%	20.89%
Effective Tax Rate	8.95%	21.69%	26.50%	24.72%	33.42%

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