FTG Holdings Ltd (NASE:FTGH)

FTG Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,230	4,094	4,387	4,026	3,383
Revenue Growth (YoY)	3.31%	-6.67%	8.97%	19.00%	16.23%
Cost of Revenue	2,632	2,679	2,880	3,037	2,271
Gross Profit	1,598	1,415	1,507	989.24	1,112
Selling, General & Admin	1,133	1,061	1,057	887.41	799.35
Other Operating Expenses	230.93	178.27	171.69	141.18	49.54
Operating Expenses	1,364	1,239	1,229	1,029	848.89
Operating Income	233.39	176.49	278.31	-39.35	262.78
Interest Expense	-306.99	-379.92	-252.7	-178.56	-146.64
Currency Exchange Gain (Loss)	-	43.85	-72.91	-34.69	-3.85
Other Non Operating Income (Expenses)	-	-2.54	-14.13	-13.13	-
EBT Excluding Unusual Items	-73.6	-162.12	-61.44	-265.73	112.29
Pretax Income	-73.6	131.48	-61.44	-265.73	112.29
Income Tax Expense	-57.69	-70.4	13.22	-50.76	9.75
Net Income	-15.91	201.87	-74.66	-214.97	102.54
Net Income to Common	-15.91	201.87	-74.66	-214.97	102.54
Net Income Growth	-	-	-	-	36.40%
Shares Outstanding (Basic)	177	178	178	178	178
Shares Outstanding (Diluted)	177	178	178	178	178
Shares Change (YoY)	-0.69%	-	-	-	-
EPS (Basic)	-0.09	1.13	-0.42	-1.21	0.58
EPS (Diluted)	-0.09	1.13	-0.42	-1.21	0.58
EPS Growth	-	-	-	-	36.40%
Free Cash Flow	31.7	-300.02	-196.58	-360.3	-183.43
Free Cash Flow Per Share	0.18	-1.69	-1.10	-2.02	-1.03
Gross Margin	37.77%	34.57%	34.35%	24.57%	32.86%
Operating Margin	5.52%	4.31%	6.34%	-0.98%	7.77%
Profit Margin	-0.38%	4.93%	-1.70%	-5.34%	3.03%
Free Cash Flow Margin	0.75%	-7.33%	-4.48%	-8.95%	-5.42%
EBITDA	339.34	282.45	391.97	52.17	333.52
EBITDA Margin	8.02%	6.90%	8.94%	1.30%	9.86%
D&A For EBITDA	105.95	105.95	113.67	91.52	70.74
EBIT	233.39	176.49	278.31	-39.35	262.78
EBIT Margin	5.52%	4.31%	6.34%	-0.98%	7.77%
Effective Tax Rate	-	-	-	-	8.68%
Advertising Expenses	-	-	-	-	80.38

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