Mauritius Oil Refineries Limited (MUSE:MOR.N0000)

Mauritius Oil Refineries Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	1,727	1,627	2,192	2,008	1,164	994.69
Revenue Growth (YoY)	-5.32%	-25.77%	9.21%	72.49%	17.00%	-1.36%
Cost of Revenue	1,367	1,367	1,935	1,758	962.56	820.22
Gross Profit	360.37	260.56	257.61	249.12	201.25	174.47
Selling, General & Admin	156.75	156.75	166.48	147.5	132.76	141.72
Other Operating Expenses	101.89	-0.41	-1.24	-0.78	-1.04	-3.15
Operating Expenses	258.63	156.33	165.25	146.73	131.73	138.57
Operating Income	101.74	104.23	92.37	102.4	69.53	35.9
Interest Expense	-28.03	-29.27	-28.02	-17.25	-13.08	-12.7
Interest & Investment Income	0.84	-	-	-	-	-
Earnings From Equity Investments	9.28	7.9	3.92	2.59	2	1.81
Currency Exchange Gain (Loss)	4.83	4.83	16.94	-5.73	-5.96	-1.61
Other Non Operating Income (Expenses)	5	5	4.68	4.6	4.54	3.92
EBT Excluding Unusual Items	93.64	92.69	89.9	86.6	57.03	27.32
Asset Writedown	0.49	0.49	0.6	1.59	-	-
Pretax Income	94.13	93.17	90.5	88.19	57.03	27.32
Income Tax Expense	9.21	8.86	6.07	10.2	9.43	4.93
Earnings From Continuing Operations	84.92	84.31	84.43	77.99	47.59	22.39
Minority Interest in Earnings	-5.29	-3.63	-3.15	-1.57	-3.05	-1.2
Net Income	79.63	80.68	81.28	76.42	44.54	21.19
Net Income to Common	79.63	80.68	81.28	76.42	44.54	21.19
Net Income Growth	12.68%	-0.73%	6.35%	71.58%	110.19%	-26.80%
Shares Outstanding (Basic)	33	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33	33
Shares Change (YoY)	-0.02%	0.09%	0.09%	-	-	-
EPS (Basic)	2.39	2.42	2.44	2.30	1.34	0.64
EPS (Diluted)	2.39	2.42	2.44	2.30	1.34	0.64
EPS Growth	12.70%	-0.82%	6.25%	71.58%	110.19%	-26.80%
Free Cash Flow	127.02	117.26	-110.63	-76.58	77.51	-106.71
Free Cash Flow Per Share	3.81	3.52	-3.32	-2.30	2.33	-3.21
Dividend Per Share	0.800	1.300	0.500	1.300	-	0.800
Dividend Growth	-20.00%	160.00%	-61.54%	-	-	-30.44%
Gross Margin	20.87%	16.01%	11.75%	12.41%	17.29%	17.54%
Operating Margin	5.89%	6.40%	4.21%	5.10%	5.97%	3.61%
Profit Margin	4.61%	4.96%	3.71%	3.81%	3.83%	2.13%
Free Cash Flow Margin	7.35%	7.21%	-5.05%	-3.82%	6.66%	-10.73%
EBITDA	127.62	127.72	111.06	119.55	85.08	53.39
EBITDA Margin	7.39%	7.85%	5.07%	5.96%	7.31%	5.37%
D&A For EBITDA	25.89	23.49	18.69	17.15	15.55	17.48
EBIT	101.74	104.23	92.37	102.4	69.53	35.9
EBIT Margin	5.89%	6.40%	4.21%	5.10%	5.97%	3.61%
Effective Tax Rate	9.79%	9.51%	6.71%	11.57%	16.54%	18.03%
Advertising Expenses	-	6.59	13.53	6.92	9.07	8.68

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.