2 Cheap Cars Group Limited (NZE:2CC)

2 Cheap Cars Group Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	77.94	80.17	86.78	82.7	64.23	65.37
Revenue	77.94	80.17	86.78	82.7	64.23	65.37
Revenue Growth (YoY)	-10.27%	-7.62%	4.93%	28.76%	-1.74%	-14.40%
Cost of Revenue	64.1	65.1	66.81	68.59	52.53	52.32
Gross Profit	13.85	15.07	19.97	14.12	11.7	13.05
Selling, General & Admin	8.48	8.88	8.21	9.11	7.76	6.04
Other Operating Expenses	-1.7	-1.71	-	-	-1.09	-0.25
Operating Expenses	9.59	9.82	10.55	11.24	8.45	7.77
Operating Income	4.26	5.25	9.43	2.88	3.25	5.29
Interest Expense	-0.57	-0.63	-0.58	-1.03	-0.45	-0.4
Other Non Operating Income (Expenses)	-0.03	-0.03	-0.13	-0.07	0.05	-0.71
EBT Excluding Unusual Items	3.66	4.59	8.72	1.78	2.84	4.18
Gain (Loss) on Sale of Assets	-	-	-	0	0.01	-0.09
Other Unusual Items	-	-	-	0.04	0.35	0.6
Pretax Income	3.66	4.59	8.72	1.82	3.2	4.69
Income Tax Expense	1.03	1.29	2.48	0.53	0.6	1.49
Earnings From Continuing Operations	2.63	3.3	6.24	1.29	2.59	3.2
Net Income	2.63	3.3	6.24	1.29	2.59	3.2
Net Income to Common	2.63	3.3	6.24	1.29	2.59	3.2
Net Income Growth	-44.64%	-47.12%	383.05%	-50.19%	-18.91%	-23.91%
Shares Outstanding (Basic)	50	46	46	46	46	28
Shares Outstanding (Diluted)	50	46	46	46	46	28
Shares Change (YoY)	13.40%	-	-	-	64.27%	84.87%
EPS (Basic)	0.05	0.07	0.14	0.03	0.06	0.12
EPS (Diluted)	0.05	0.07	0.14	0.03	0.06	0.12
EPS Growth	-53.24%	-48.91%	383.06%	-50.19%	-50.64%	-58.80%
Free Cash Flow	6.21	5.42	6.11	12.96	-3.15	5.74
Free Cash Flow Per Share	0.13	0.12	0.13	0.28	-0.07	0.21
Dividend Per Share	0.045	0.060	0.116	-	0.031	0.050
Dividend Growth	-56.79%	-47.84%	-	-	-38.00%	-
Gross Margin	17.76%	18.79%	23.01%	17.07%	18.21%	19.97%
Operating Margin	5.47%	6.54%	10.86%	3.48%	5.05%	8.09%
Profit Margin	3.38%	4.12%	7.19%	1.56%	4.04%	4.89%
Free Cash Flow Margin	7.97%	6.75%	7.04%	15.67%	-4.91%	8.79%
EBITDA	4.78	5.62	9.69	3.09	3.45	7.26
EBITDA Margin	6.13%	7.00%	11.17%	3.73%	5.37%	11.10%
D&A For EBITDA	0.52	0.37	0.27	0.21	0.21	1.97
EBIT	4.26	5.25	9.43	2.88	3.25	5.29
EBIT Margin	5.47%	6.54%	10.86%	3.48%	5.05%	8.09%
Effective Tax Rate	28.08%	28.07%	28.44%	29.01%	18.84%	31.80%
Advertising Expenses	-	2.34	1.49	1.74	1.19	1.2

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