Union Dicon Salt Plc (NGX: UNIONDICON)

Union Dicon Salt Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of Revenue	4.82	3.19	4.08	2.47	1.89	2.62
Gross Profit	-4.82	-3.19	-4.08	-2.47	-1.89	-2.62
Selling, General & Admin	159.35	144.98	179.61	110.36	137.94	121.85
Other Operating Expenses	-233.04	-298.22	-136.76	-150.14	-831.81	-123.05
Operating Expenses	-71.99	-151.55	43.97	-39.13	-693.22	-0.26
Operating Income	67.17	148.36	-48.05	36.66	691.33	-2.36
Interest & Investment Income	3.96	3.96	3.38	3.38	3.38	3.38
Other Non Operating Income (Expenses)	-0.25	-0.11	-0.29	-0.06	-0.04	-117.3
EBT Excluding Unusual Items	70.88	152.21	-44.96	39.97	694.66	-116.28
Asset Writedown	-57.98	-57.98	-	-	-8.7	-0.9
Pretax Income	12.9	94.22	-44.96	39.97	685.96	-117.18
Income Tax Expense	32.98	32.98	-33.52	1.42	2.09	0.34
Net Income	-20.08	61.24	-11.44	38.55	683.87	-117.52
Net Income to Common	-20.08	61.24	-11.44	38.55	683.87	-117.52
Net Income Growth	-	-	-	-94.36%	-	-
Shares Outstanding (Basic)	273	273	273	273	273	273
Shares Outstanding (Diluted)	273	273	273	273	273	273
EPS (Basic)	-0.07	0.22	-0.04	0.14	2.50	-0.43
EPS (Diluted)	-0.07	0.22	-0.04	0.14	2.50	-0.43
EPS Growth	-	-	-	-94.36%	-	-
Free Cash Flow	-88.2	-90.87	76.12	2.02	0.6	2.11
Free Cash Flow Per Share	-0.32	-0.33	0.28	0.01	0.00	0.01
EBITDA	69.16	150.05	-46.94	37.31	691.98	-1.42
D&A For EBITDA	1.99	1.69	1.11	0.65	0.65	0.94
EBIT	67.17	148.36	-48.05	36.66	691.33	-2.36
Effective Tax Rate	255.67%	35.00%	-	3.56%	0.30%	-
Advertising Expenses	-	2.63	4.44	0.15	0.08	0.05

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