NASE:NSE 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
Operating Revenue	35.34	34.06	30.38	36.81	29.34	548.26
Other Revenue	864.44	783.59	609.21	595.08	672.09	110.19
Revenue	899.78	817.65	639.59	631.89	701.43	658.44
Revenue Growth (YoY)	35.17%	27.84%	1.22%	-9.91%	6.53%	-4.82%
Cost of Revenue	82.46	82.23	61.85	56	54.64	-
Gross Profit	817.32	735.43	577.75	575.89	646.79	658.44
Selling, General & Admin	316.69	319.65	305.47	324.97	259.27	467.21
Other Operating Expenses	159.84	187.31	144.62	97.98	109.15	-10.33
Operating Expenses	512.45	546.07	487.81	471.47	429.18	456.89
Operating Income	304.87	189.36	89.94	104.43	217.61	201.56
Earnings From Equity Investments	16.09	8.7	-19.43	-46.54	-3.39	16.19
Currency Exchange Gain (Loss)	-13.36	-13.36	16.23	3.13	0.5	0.79
Other Non Operating Income (Expenses)	-	-	-	1.38	-	-
EBT Excluding Unusual Items	307.6	184.7	86.74	62.39	214.72	218.53
Gain (Loss) on Sale of Investments	-1.3	-1.3	-16.92	-7.37	-6.31	-
Gain (Loss) on Sale of Assets	0.2	0.2	0.01	-	2.46	0
Asset Writedown	-20.78	-20.78	-27.5	-17.22	-	0.38
Pretax Income	285.72	162.82	42.33	37.8	210.87	218.91
Income Tax Expense	72.57	46.52	23.92	24.08	78.33	51
Earnings From Continuing Operations	213.16	116.3	18.4	13.72	132.53	167.92
Minority Interest in Earnings	-0.03	-0.03	-0	0.15	-2.01	-0.12
Net Income	213.13	116.27	18.4	13.88	130.53	167.8
Net Income to Common	213.13	116.27	18.4	13.88	130.53	167.8
Net Income Growth	1824.94%	531.81%	32.63%	-89.37%	-22.21%	112.61%
Shares Outstanding (Basic)	261	261	260	260	260	260
Shares Outstanding (Diluted)	261	261	260	260	260	260
Shares Change (YoY)	0.10%	0.07%	0.02%	0.15%	0.19%	-
EPS (Basic)	0.82	0.45	0.07	0.05	0.50	0.65
EPS (Diluted)	0.82	0.45	0.07	0.05	0.50	0.65
EPS Growth	1823.10%	531.37%	32.59%	-89.39%	-22.36%	112.61%
Free Cash Flow	111.45	54.89	-33.86	-41.53	48.97	106.39
Free Cash Flow Per Share	0.43	0.21	-0.13	-0.16	0.19	0.41
Dividend Per Share	-	0.320	0.160	0.200	0.400	0.530
Dividend Growth	-	100.00%	-20.00%	-50.00%	-24.53%	562.50%
Gross Margin	90.83%	89.94%	90.33%	91.14%	92.21%	100.00%
Operating Margin	33.88%	23.16%	14.06%	16.53%	31.02%	30.61%
Profit Margin	23.69%	14.22%	2.88%	2.20%	18.61%	25.49%
Free Cash Flow Margin	12.39%	6.71%	-5.29%	-6.57%	6.98%	16.16%
EBITDA	322.23	206.05	107.48	130.64	247.12	235.11
EBITDA Margin	35.81%	25.20%	16.80%	20.67%	35.23%	35.71%
D&A For EBITDA	17.35	16.69	17.55	26.21	29.51	33.56
EBIT	304.87	189.36	89.94	104.43	217.61	201.56
EBIT Margin	33.88%	23.16%	14.06%	16.53%	31.02%	30.61%
Effective Tax Rate	25.40%	28.57%	56.52%	63.69%	37.15%	23.29%
Revenue as Reported	910.53	828.4	662.32	642.76	714.27	669.94

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.