TPS Eastern Africa Plc (NASE: TPSE)

TPS Eastern Africa Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	9,685	9,685	6,944	3,288	2,034	6,823
Other Revenue	106.49	106.49	154.77	95.44	26.66	279.95
Revenue	9,791	9,791	7,099	3,383	2,061	7,103
Revenue Growth (YoY)	37.84%	37.92%	109.83%	64.17%	-70.99%	2.22%
Cost of Revenue	4,636	4,636	3,193	2,071	1,812	3,776
Gross Profit	5,155	5,155	3,906	1,312	248.42	3,327
Selling, General & Admin	682.11	682.11	622.9	288.79	272.03	551.54
Other Operating Expenses	2,026	2,026	1,364	738.8	447.79	1,658
Operating Expenses	3,266	3,266	2,601	1,659	1,260	2,698
Operating Income	1,889	1,889	1,305	-346.43	-1,011	629.12
Interest Expense	-442.94	-442.94	-287.54	-296.8	-284.66	-213.42
Interest & Investment Income	40.47	40.47	13.03	4.35	11.5	3.45
Earnings From Equity Investments	22.96	22.96	33.51	-41.23	-95	-29.01
Currency Exchange Gain (Loss)	-437.76	-437.76	-223.62	-4.88	-238.08	32.14
Other Non Operating Income (Expenses)	2.45	2.45	-162.52	-27.86	-41.27	-100.32
EBT Excluding Unusual Items	1,074	1,074	677.89	-712.86	-1,659	321.95
Pretax Income	1,074	1,074	677.89	-712.86	-1,659	321.95
Income Tax Expense	202.82	202.82	298.19	-73.71	-448.9	140.2
Earnings From Continuing Operations	870.87	870.87	379.7	-639.15	-1,210	181.75
Minority Interest in Earnings	-54.28	-54.28	-42.11	14.27	59.52	-33.64
Net Income	816.59	816.59	337.59	-624.88	-1,150	148.11
Net Income to Common	816.59	816.59	337.59	-624.88	-1,150	148.11
Net Income Growth	451.34%	141.89%	-	-	-	17.82%
Shares Outstanding (Basic)	283	283	232	182	182	182
Shares Outstanding (Diluted)	283	283	232	182	182	182
Shares Change (YoY)	55.15%	21.62%	27.58%	-	-	-
EPS (Basic)	2.89	2.89	1.45	-3.43	-6.32	0.81
EPS (Diluted)	2.89	2.89	1.45	-3.43	-6.32	0.81
EPS Growth	255.35%	98.90%	-	-	-	17.82%
Free Cash Flow	1,726	1,726	1,063	66.39	-603.96	498.98
Free Cash Flow Per Share	6.11	6.11	4.58	0.36	-3.32	2.74
Gross Margin	52.65%	52.65%	55.03%	38.79%	12.05%	46.83%
Operating Margin	19.29%	19.29%	18.38%	-10.24%	-49.08%	8.86%
Profit Margin	8.34%	8.34%	4.76%	-18.47%	-55.83%	2.09%
Free Cash Flow Margin	17.63%	17.63%	14.98%	1.96%	-29.31%	7.02%
EBITDA	2,407	2,407	1,879	240.18	-515.32	1,077
EBITDA Margin	24.59%	24.59%	26.47%	7.10%	-25.01%	15.16%
D&A For EBITDA	518.78	518.78	574.16	586.61	496.06	447.42
EBIT	1,889	1,889	1,305	-346.43	-1,011	629.12
EBIT Margin	19.29%	19.29%	18.38%	-10.24%	-49.08%	8.86%
Effective Tax Rate	18.89%	18.89%	43.99%	-	-	43.55%
Advertising Expenses	418.29	418.29	430.64	185.76	192.06	350.92

Source: S&P Capital IQ. Standard template. Financial Sources.