Home Afrika Income Statement

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

Millions KES. 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	508.67	781.91	377.2	237.4	349.33
Revenue Growth (YoY)	-34.95%	107.30%	58.89%	-32.04%	29.82%
Cost of Revenue	229.3	408.97	262.84	137.32	192.22
Gross Profit	279.36	372.94	114.36	100.07	157.11
Selling, General & Admin	102.41	147.93	87.41	97.83	151.65
Other Operating Expenses	-12.46	1.25	23.69	26.49	20.69
Operating Expenses	89.95	149.18	111.09	124.32	172.34
Operating Income	189.41	223.76	3.26	-24.25	-15.23
Interest Expense	-70.68	-78.69	-25.51	-40.41	-299.49
EBT Excluding Unusual Items	118.73	145.07	-22.25	-64.66	-314.72
Gain (Loss) on Sale of Assets	-	-	-	-	-0.11
Asset Writedown	-	-	-	-	34.62
Pretax Income	118.73	145.07	-22.25	-64.66	-280.21
Income Tax Expense	0.84	11.6	5.59	0.45	1.32
Earnings From Continuing Operations	117.89	133.47	-27.84	-65.11	-281.53
Minority Interest in Earnings	-83.68	-80.47	11.38	5.11	-9.78
Net Income	34.21	53	-16.46	-60	-291.3
Net Income to Common	34.21	53	-16.46	-60	-291.3
Net Income Growth	-35.45%	-	-	-	-
Shares Outstanding (Basic)	428	405	405	405	405
Shares Outstanding (Diluted)	428	405	405	405	405
Shares Change (YoY)	5.51%	-	-	-	-
EPS (Basic)	0.08	0.13	-0.04	-0.15	-0.72
EPS (Diluted)	0.08	0.13	-0.04	-0.15	-0.72
EPS Growth	-38.82%	-	-	-	-
Free Cash Flow	396.33	304.03	369.92	4.99	24.87
Free Cash Flow Per Share	0.93	0.75	0.91	0.01	0.06
Gross Margin	54.92%	47.70%	30.32%	42.16%	44.97%
Operating Margin	37.24%	28.62%	0.86%	-10.21%	-4.36%
Profit Margin	6.73%	6.78%	-4.36%	-25.27%	-83.39%
Free Cash Flow Margin	77.92%	38.88%	98.07%	2.10%	7.12%
EBITDA	195.05	229.4	9.81	-16.23	-7.91
EBITDA Margin	38.34%	29.34%	2.60%	-6.84%	-2.27%
D&A For EBITDA	5.64	5.64	6.54	8.02	7.32
EBIT	189.41	223.76	3.26	-24.25	-15.23
EBIT Margin	37.24%	28.62%	0.86%	-10.21%	-4.36%
Effective Tax Rate	0.71%	8.00%	-	-	-
Advertising Expenses	-	2.18	0.26	1.11	1.42

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