Quality Beverages Income Statement

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

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,423	3,252	2,292	2,046	1,491	1,419
Revenue Growth (YoY)	14.23%	41.90%	12.03%	37.22%	5.07%	-10.51%
Cost of Revenue	2,183	2,183	1,606	1,465	1,047	984.53
Gross Profit	1,240	1,069	685.53	580.65	443.45	434.35
Selling, General & Admin	868.48	868.48	598.13	489.7	429.45	475.24
Other Operating Expenses	119.27	-	-	-	-	-
Operating Expenses	987.74	868.48	598.13	489.7	429.45	475.24
Operating Income	252.1	200.69	87.4	90.96	14	-40.89
Interest Expense	-55.54	-53.99	-39.1	-27.02	-18.55	-19.19
Interest & Investment Income	-	-	-	-	0.86	1.47
Other Non Operating Income (Expenses)	4.63	4.63	4.2	4.09	4.54	3.22
EBT Excluding Unusual Items	201.19	151.34	52.5	68.03	0.85	-55.39
Gain (Loss) on Sale of Investments	1.7	1.7	-	-	-	-
Gain (Loss) on Sale of Assets	0.7	0.7	0.92	-0.28	0.3	0.11
Asset Writedown	1.25	1.25	-	1.1	-	-
Other Unusual Items	-	-	-	-	3.81	21.7
Pretax Income	206.1	156.24	53.49	68.89	5.01	-33.55
Income Tax Expense	18.59	14.12	7.61	16.08	0.38	-10.28
Earnings From Continuing Operations	187.51	142.13	45.88	52.81	4.63	-23.27
Net Income	187.51	142.13	45.88	52.81	4.63	-23.27
Net Income to Common	187.51	142.13	45.88	52.81	4.63	-23.27
Net Income Growth	118.59%	209.76%	-13.12%	1040.14%	-	-
Shares Outstanding (Basic)	37	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37	37
Shares Change (YoY)	0.16%	-	-	-	-	-
EPS (Basic)	5.12	3.87	1.25	1.44	0.13	-0.63
EPS (Diluted)	5.12	3.87	1.25	1.44	0.13	-0.63
EPS Growth	118.25%	209.76%	-13.12%	1040.14%	-	-
Free Cash Flow	-164.29	7.41	54.2	18.58	-84.77	-64.14
Free Cash Flow Per Share	-4.48	0.20	1.47	0.51	-2.31	-1.75
Dividend Per Share	1.850	1.490	-	-	-	-
Gross Margin	36.23%	32.88%	29.91%	28.38%	29.75%	30.61%
Operating Margin	7.37%	6.17%	3.81%	4.45%	0.94%	-2.88%
Profit Margin	5.48%	4.37%	2.00%	2.58%	0.31%	-1.64%
Free Cash Flow Margin	-4.80%	0.23%	2.37%	0.91%	-5.69%	-4.52%
EBITDA	383.36	319.28	189.1	182.36	88.38	37.48
EBITDA Margin	11.20%	9.82%	8.25%	8.91%	5.93%	2.64%
D&A For EBITDA	131.26	118.59	101.7	91.4	74.38	78.37
EBIT	252.1	200.69	87.4	90.96	14	-40.89
EBIT Margin	7.37%	6.17%	3.81%	4.45%	0.94%	-2.88%
Effective Tax Rate	9.02%	9.04%	14.23%	23.34%	7.51%	-

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