Learn Africa Plc (NGX:LEARNAFRCA)

Learn Africa Income Statement

Financials in millions NGN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	5,353	5,183	4,084	3,473	3,698	2,390
Revenue Growth (YoY)	48.27%	26.89%	17.62%	-6.10%	54.73%	-16.71%
Cost of Revenue	2,986	2,906	2,184	1,724	2,089	1,345
Gross Profit	2,366	2,277	1,901	1,748	1,610	1,045
Selling, General & Admin	1,927	1,680	1,676	1,186	1,082	708.64
Other Operating Expenses	-142.3	-136.69	-14.14	-11	-2.76	-55.4
Operating Expenses	1,785	1,544	1,662	1,175	1,079	653.25
Operating Income	581.28	733.11	239.1	573.56	530.34	392.01
Interest Expense	-30.51	-30.51	-29.86	-14.23	-13.45	-10.78
Interest & Investment Income	13.75	11.34	9.64	13.86	0.2	0.29
Currency Exchange Gain (Loss)	-	-	-	-	0.19	-
Other Non Operating Income (Expenses)	-0	-0	-	0	-	-
EBT Excluding Unusual Items	564.52	713.94	218.88	573.2	517.28	381.53
Gain (Loss) on Sale of Assets	0.5	0.5	1.65	3.98	8.88	-
Asset Writedown	31	31	40	15	40.14	-106.15
Pretax Income	598.79	748.21	260.52	606.74	574.24	282.09
Income Tax Expense	273.23	273.23	249.33	177.2	172.65	121.01
Net Income	325.56	474.98	11.2	429.53	401.58	161.08
Net Income to Common	325.56	474.98	11.2	429.53	401.58	161.08
Net Income Growth	-	4142.77%	-97.39%	6.96%	149.30%	101.37%
Shares Outstanding (Basic)	868	868	868	868	868	868
Shares Outstanding (Diluted)	868	868	868	868	868	868
EPS (Basic)	0.38	0.55	0.01	0.49	0.46	0.19
EPS (Diluted)	0.38	0.55	0.01	0.49	0.46	0.19
EPS Growth	-	4142.84%	-97.39%	6.96%	149.30%	101.37%
Free Cash Flow	168.22	813.43	-334.53	955	-147.11	102.55
Free Cash Flow Per Share	0.19	0.94	-0.39	1.10	-0.17	0.12
Dividend Per Share	0.311	0.311	0.222	0.222	0.178	0.133
Dividend Growth	40.01%	40.01%	-	24.97%	33.38%	200.23%
Gross Margin	44.21%	43.93%	46.54%	50.34%	43.52%	43.73%
Operating Margin	10.86%	14.14%	5.85%	16.52%	14.34%	16.40%
Profit Margin	6.08%	9.16%	0.27%	12.37%	10.86%	6.74%
Free Cash Flow Margin	3.14%	15.69%	-8.19%	27.50%	-3.98%	4.29%
EBITDA	703.72	849.3	329.01	655.43	593.16	452.75
EBITDA Margin	13.15%	16.39%	8.05%	18.87%	16.04%	18.94%
D&A For EBITDA	122.44	116.19	89.91	81.87	62.81	60.73
EBIT	581.28	733.11	239.1	573.56	530.34	392.01
EBIT Margin	10.86%	14.14%	5.85%	16.52%	14.34%	16.40%
Effective Tax Rate	45.63%	36.52%	95.70%	29.21%	30.07%	42.90%
Advertising Expenses	-	176.41	140.54	103.79	87.51	48.96

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