Pharma Deko Income Statement

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	469.58	503.55	460.84	484.57	1,024
Revenue Growth (YoY)	-6.74%	9.27%	-4.90%	-52.67%	-35.75%
Cost of Revenue	371.97	413.08	405.33	314.22	632.74
Gross Profit	97.62	90.47	55.51	170.35	391.06
Selling, General & Admin	411.04	217.56	381.94	530.8	657.34
Other Operating Expenses	-28.04	-15.46	-1.39	-0.07	-11.12
Operating Expenses	383	202.11	380.54	530.72	646.22
Operating Income	-285.38	-111.64	-325.04	-360.37	-255.15
Interest Expense	-8.93	-2.83	-2.21	-7.45	-0.94
Interest & Investment Income	-	-	-	0.6	0.1
Currency Exchange Gain (Loss)	0.61	-	0.03	0.76	0.01
EBT Excluding Unusual Items	-293.7	-114.47	-327.22	-366.46	-255.98
Gain (Loss) on Sale of Assets	-	0.02	3.16	-	-
Other Unusual Items	-	45.96	-	90	-
Pretax Income	-293.7	-68.49	-324.05	-276.46	-255.98
Income Tax Expense	2.49	1.3	1.15	2.42	9.28
Net Income	-296.19	-69.79	-325.21	-278.88	-265.26
Net Income to Common	-296.19	-69.79	-325.21	-278.88	-265.26
Shares Outstanding (Basic)	217	217	218	216	217
Shares Outstanding (Diluted)	217	217	218	216	217
Shares Change (YoY)	-	-0.61%	0.96%	-0.57%	3.50%
EPS (Basic)	-1.37	-0.32	-1.49	-1.29	-1.22
EPS (Diluted)	-1.37	-0.32	-1.49	-1.29	-1.22
Free Cash Flow	-33.36	-69.54	103.88	2.71	-64.44
Free Cash Flow Per Share	-0.15	-0.32	0.48	0.01	-0.30
Gross Margin	20.79%	17.97%	12.04%	35.15%	38.20%
Operating Margin	-60.77%	-22.17%	-70.53%	-74.37%	-24.92%
Profit Margin	-63.07%	-13.86%	-70.57%	-57.55%	-25.91%
Free Cash Flow Margin	-7.10%	-13.81%	22.54%	0.56%	-6.29%
EBITDA	-216.37	-43.76	-254.1	-281.11	-179.32
EBITDA Margin	-46.08%	-8.69%	-55.14%	-58.01%	-17.52%
D&A For EBITDA	69.01	67.88	70.93	79.26	75.83
EBIT	-285.38	-111.64	-325.04	-360.37	-255.15
EBIT Margin	-60.77%	-22.17%	-70.53%	-74.37%	-24.92%
Advertising Expenses	6.6	7.64	7.31	-	-

Updated Feb 9, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.