Quality Beverages 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
Revenue	3,538	3,252	2,292	2,046	1,491
Revenue Growth (YoY)	8.79%	41.90%	12.03%	37.22%	5.07%
Cost of Revenue	-	2,183	1,606	1,465	1,047
Gross Profit	3,538	1,069	685.53	580.65	443.45
Selling, General & Admin	-	868.48	598.13	489.7	429.45
Other Operating Expenses	3,294	-	-	-	-
Operating Expenses	3,294	868.48	598.13	489.7	429.45
Operating Income	243.71	200.69	87.4	90.96	14
Interest Expense	-60.85	-53.99	-39.1	-27.02	-18.55
Interest & Investment Income	-	-	-	-	0.86
Other Non Operating Income (Expenses)	-	4.63	4.2	4.09	4.54
EBT Excluding Unusual Items	182.86	151.34	52.5	68.03	0.85
Gain (Loss) on Sale of Investments	-	1.7	-	-	-
Gain (Loss) on Sale of Assets	-	0.7	0.92	-0.28	0.3
Asset Writedown	-	1.25	-	1.1	-
Other Unusual Items	-	-	-	-	3.81
Pretax Income	182.86	156.24	53.49	68.89	5.01
Income Tax Expense	36.17	14.12	7.61	16.08	0.38
Net Income	146.69	142.13	45.88	52.81	4.63
Net Income to Common	146.69	142.13	45.88	52.81	4.63
Net Income Growth	3.21%	209.76%	-13.12%	1040.14%	-
Shares Outstanding (Basic)	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	3.99	3.87	1.25	1.44	0.13
EPS (Diluted)	3.99	3.87	1.25	1.44	0.13
EPS Growth	3.22%	209.76%	-13.12%	1040.14%	-
Free Cash Flow	165.32	7.41	54.2	18.58	-84.77
Free Cash Flow Per Share	4.50	0.20	1.47	0.51	-2.31
Dividend Per Share	1.600	1.490	-	-	-
Dividend Growth	7.38%	-	-	-	-
Gross Margin	100.00%	32.88%	29.91%	28.38%	29.75%
Operating Margin	6.89%	6.17%	3.81%	4.45%	0.94%
Profit Margin	4.15%	4.37%	2.00%	2.58%	0.31%
Free Cash Flow Margin	4.67%	0.23%	2.37%	0.91%	-5.69%
EBITDA	362.29	319.28	189.1	182.36	88.38
EBITDA Margin	10.24%	9.82%	8.25%	8.91%	5.93%
D&A For EBITDA	118.59	118.59	101.7	91.4	74.38
EBIT	243.71	200.69	87.4	90.96	14
EBIT Margin	6.89%	6.17%	3.81%	4.45%	0.94%
Effective Tax Rate	19.78%	9.04%	14.23%	23.34%	7.51%

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