Home Afrika Income Statement

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

Millions KES. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	831.93	781.91	377.2	237.4	349.33	269.1
Revenue Growth (YoY)	30.48%	107.30%	58.89%	-32.04%	29.82%	-25.86%
Cost of Revenue	473.38	408.97	262.84	137.32	192.22	216.66
Gross Profit	358.55	372.94	114.36	100.07	157.11	52.44
Selling, General & Admin	136.68	147.93	87.41	97.83	151.65	200.08
Other Operating Expenses	-16.74	1.25	23.69	26.49	20.69	20.31
Operating Expenses	119.94	149.18	111.09	124.32	172.34	220.38
Operating Income	238.62	223.76	3.26	-24.25	-15.23	-167.95
Interest Expense	-68.97	-78.69	-25.51	-40.41	-299.49	-219.23
EBT Excluding Unusual Items	169.65	145.07	-22.25	-64.66	-314.72	-387.18
Gain (Loss) on Sale of Assets	-	-	-	-	-0.11	0.18
Asset Writedown	-	-	-	-	34.62	48.75
Pretax Income	169.65	145.07	-22.25	-64.66	-280.21	-338.24
Income Tax Expense	11.6	11.6	5.59	0.45	1.32	2.01
Earnings From Continuing Operations	158.04	133.47	-27.84	-65.11	-281.53	-340.25
Minority Interest in Earnings	-80.47	-80.47	11.38	5.11	-9.78	97.88
Net Income	77.57	53	-16.46	-60	-291.3	-242.37
Net Income to Common	77.57	53	-16.46	-60	-291.3	-242.37
Shares Outstanding (Basic)	405	405	405	405	405	405
Shares Outstanding (Diluted)	405	405	405	405	405	405
EPS (Basic)	0.19	0.13	-0.04	-0.15	-0.72	-0.60
EPS (Diluted)	0.19	0.13	-0.04	-0.15	-0.72	-0.60
Free Cash Flow	659.55	304.03	369.92	4.99	24.87	17.01
Free Cash Flow Per Share	1.63	0.75	0.91	0.01	0.06	0.04
Gross Margin	43.10%	47.70%	30.32%	42.16%	44.97%	19.49%
Operating Margin	28.68%	28.62%	0.86%	-10.21%	-4.36%	-62.41%
Profit Margin	9.32%	6.78%	-4.36%	-25.27%	-83.39%	-90.07%
Free Cash Flow Margin	79.28%	38.88%	98.07%	2.10%	7.12%	6.32%
EBITDA	243.8	229.4	9.81	-16.23	-7.91	-160.44
EBITDA Margin	29.30%	29.34%	2.60%	-6.84%	-2.27%	-59.62%
D&A For EBITDA	5.18	5.64	6.54	8.02	7.32	7.5
EBIT	238.62	223.76	3.26	-24.25	-15.23	-167.95
EBIT Margin	28.68%	28.62%	0.86%	-10.21%	-4.36%	-62.41%
Effective Tax Rate	6.84%	8.00%	-	-	-	-
Advertising Expenses	-	2.18	0.26	1.11	1.42	0.36

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