Premier Paints Plc (NGX:PREMPAINTS)

Premier Paints Income Statement

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

Fiscal Year	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Revenue	101.26	91.91	131.71	164.59	190.51
Revenue Growth (YoY)	10.17%	-30.22%	-19.98%	-13.61%	-32.41%
Cost of Revenue	79.89	74.12	103.67	124.1	142.56
Gross Profit	21.38	17.8	28.04	40.49	47.95
Selling, General & Admin	42.61	49.12	58.04	76.14	92.42
Other Operating Expenses	-0.86	-1.15	-0.79	-	-0.23
Operating Expenses	41.75	47.97	57.24	76.14	92.19
Operating Income	-20.37	-30.18	-29.2	-35.65	-44.23
Interest Expense	-	-	-0.5	-36.57	-32.16
Pretax Income	-20.37	-30.18	-29.7	-72.22	-76.4
Income Tax Expense	0.25	0.46	-13.15	-3.08	-22.49
Net Income	-20.63	-30.63	-16.55	-69.14	-53.9
Net Income to Common	-20.63	-30.63	-16.55	-69.14	-53.9
Shares Outstanding (Basic)	121	123	123	123	123
Shares Outstanding (Diluted)	121	123	123	123	123
Shares Change (YoY)	-1.36%	-	-	-	-
EPS (Basic)	-0.17	-0.25	-0.13	-0.56	-0.44
EPS (Diluted)	-0.17	-0.25	-0.13	-0.56	-0.44
Free Cash Flow	-0.07	-2.45	-1.9	-33.91	-5.72
Free Cash Flow Per Share	-0.00	-0.02	-0.01	-0.28	-0.05
Gross Margin	21.11%	19.36%	21.29%	24.60%	25.17%
Operating Margin	-20.12%	-32.84%	-22.17%	-21.66%	-23.22%
Profit Margin	-20.37%	-33.33%	-12.56%	-42.00%	-28.29%
Free Cash Flow Margin	-0.07%	-2.66%	-1.44%	-20.60%	-3.00%
EBITDA	-9.53	-19.34	-18.1	-23.03	-32.25
EBITDA Margin	-9.41%	-21.04%	-13.74%	-13.99%	-16.93%
D&A For EBITDA	10.84	10.84	11.1	12.61	11.98
EBIT	-20.37	-30.18	-29.2	-35.65	-44.23
EBIT Margin	-20.12%	-32.84%	-22.17%	-21.66%	-23.22%
Advertising Expenses	-	-	0.07	0.12	-

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