Express Kenya PLC (NASE:XPRS)

Express Kenya 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	21.27	26.38	27.49	30.88	26.29
Revenue Growth (YoY)	-19.38%	-4.06%	-10.95%	17.44%	66.81%
Cost of Revenue	100.18	98.5	92.35	77.37	76.05
Gross Profit	-78.91	-72.12	-64.86	-46.5	-49.76
Selling, General & Admin	14.87	13.55	18.55	13.61	10.01
Other Operating Expenses	11.42	10.02	8.91	8.02	7.9
Operating Expenses	26.3	23.72	27.5	21.49	17.91
Operating Income	-105.21	-95.84	-92.36	-67.99	-67.67
Interest Expense	-51.57	-47.32	-37.96	-34.34	-7.97
Currency Exchange Gain (Loss)	-	6.73	-1.85	-0.03	-0.07
Other Non Operating Income (Expenses)	1.1	0.01	-0.01	-0	-0
EBT Excluding Unusual Items	-155.68	-136.42	-132.19	-102.36	-75.7
Gain (Loss) on Sale of Assets	-	-	-	-	0.07
Pretax Income	-155.68	-136.42	-132.19	-102.36	-75.64
Income Tax Expense	-30.66	-28.51	-28.76	-21.23	7.34
Net Income	-125.02	-107.91	-103.43	-81.13	-82.98
Net Income to Common	-125.02	-107.91	-103.43	-81.13	-82.98
Shares Outstanding (Basic)	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	-2.62	-2.26	-2.17	-1.70	-1.74
EPS (Diluted)	-2.62	-2.26	-2.17	-1.70	-1.74
Free Cash Flow	-6.1	-1.51	-7.31	3.98	9.28
Free Cash Flow Per Share	-0.13	-0.03	-0.15	0.08	0.19
Gross Margin	-	-273.40%	-235.90%	-150.60%	-189.28%
Operating Margin	-494.76%	-363.33%	-335.91%	-220.22%	-257.40%
Profit Margin	-587.91%	-409.08%	-376.17%	-262.76%	-315.62%
Free Cash Flow Margin	-28.67%	-5.71%	-26.60%	12.88%	35.28%
EBITDA	-82.27	-72.9	-70.73	-44.17	-46.25
EBITDA Margin	-	-276.37%	-257.24%	-143.07%	-175.90%
D&A For EBITDA	22.94	22.94	21.63	23.82	21.42
EBIT	-105.21	-95.84	-92.36	-67.99	-67.67
EBIT Margin	-	-	-	-220.22%	-257.40%
Advertising Expenses	-	0.32	0.43	0.32	0.02

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