Letshego Holdings (Namibia) Limited (NMSE:LHN)

NMSE:LHN Income Statement

Financials in millions NAD. 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
Interest Income on Loans	864.54	787.25	667.86	588.52	625.7	625.2
Total Interest Income	864.54	787.25	667.86	588.52	625.7	625.2
Interest Paid on Deposits	393.7	349.04	214.44	121.23	98.75	110.01
Net Interest Income	470.84	438.21	453.43	467.29	526.95	515.19
Net Interest Income Growth (YoY)	5.72%	-3.36%	-2.97%	-11.32%	2.28%	-11.98%
Other Non-Interest Income	309.8	313.86	301.15	237.44	155.37	232.1
Total Non-Interest Income	309.8	313.86	301.15	237.44	155.37	232.1
Non-Interest Income Growth (YoY)	0.32%	4.22%	26.83%	52.83%	-33.06%	-9.52%
Revenues Before Loan Losses	780.64	752.07	754.58	704.73	682.32	747.29
Provision for Loan Losses	-5.13	11.99	10.43	-16.52	43.65	9.24
Revenue	785.77	740.09	744.15	721.25	638.67	738.05
Revenue Growth (YoY)	6.91%	-0.55%	3.17%	12.93%	-13.47%	-10.38%
Salaries and Employee Benefits	95.86	93.71	82.98	79.86	70.31	62.82
Selling, General & Administrative	14.59	14.59	11.8	15.37	2.73	3.43
Other Non-Interest Expense	258.67	248.68	257.85	270.21	161.69	147.6
Total Non-Interest Expense	369.12	356.97	352.63	365.45	234.72	213.84
EBT Excluding Unusual Items	416.65	383.12	391.52	355.8	403.95	524.21
Pretax Income	416.65	383.12	391.52	355.8	403.95	524.21
Income Tax Expense	35.31	29.77	41.1	52.57	83.06	123.01
Net Income	381.34	353.35	350.42	303.23	320.89	401.2
Net Income to Common	381.34	353.35	350.42	303.23	320.89	401.2
Net Income Growth	8.29%	0.84%	15.56%	-5.50%	-20.02%	-14.43%
Basic Shares Outstanding	497	500	500	500	500	500
Diluted Shares Outstanding	497	500	500	500	500	500
Shares Change (YoY)	-0.78%	-	-	-	-	-
EPS (Basic)	0.77	0.71	0.70	0.61	0.64	0.80
EPS (Diluted)	0.77	0.71	0.70	0.61	0.64	0.80
EPS Growth	9.58%	0.96%	15.42%	-5.24%	-20.00%	-14.69%
Dividend Per Share	1.107	0.708	0.701	0.455	0.225	0.235
Dividend Growth	92.49%	0.97%	54.18%	102.04%	-4.25%	-
Effective Tax Rate	8.47%	7.77%	10.50%	14.78%	20.56%	23.47%

Updated Aug 28, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.