2 Cheap Cars Group Income Statement

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

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '24 Mar 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Operating Revenue	86.78	86.78	82.7	64.23	65.37	76.32
Other Revenue	-	-	-	-	-	0.04
Revenue	86.78	86.78	82.7	64.23	65.37	76.36
Revenue Growth (YoY)	4.93%	4.93%	28.76%	-1.74%	-14.40%	-
Cost of Revenue	66.81	66.81	68.59	52.53	52.32	60.35
Gross Profit	19.97	19.97	14.12	11.7	13.05	16.01
Selling, General & Admin	8.21	8.21	9.11	7.76	6.04	7.28
Other Operating Expenses	-	-	-	-1.09	-0.25	-
Operating Expenses	10.55	10.55	11.24	8.45	7.77	9.31
Operating Income	9.43	9.43	2.88	3.25	5.29	6.71
Interest Expense	-0.58	-0.58	-1.03	-0.45	-0.4	-0.53
Other Non Operating Income (Expenses)	-0.13	-0.13	-0.07	0.05	-0.71	-
EBT Excluding Unusual Items	8.72	8.72	1.78	2.84	4.18	6.18
Gain (Loss) on Sale of Assets	-	-	0	0.01	-0.09	0.02
Other Unusual Items	-	-	0.04	0.35	0.6	-
Pretax Income	8.72	8.72	1.82	3.2	4.69	6.19
Income Tax Expense	2.48	2.48	0.53	0.6	1.49	1.96
Earnings From Continuing Operations	6.24	6.24	1.29	2.59	3.2	4.23
Minority Interest in Earnings	-	-	-	-	-	-0.03
Net Income	6.24	6.24	1.29	2.59	3.2	4.2
Net Income to Common	6.24	6.24	1.29	2.59	3.2	4.2
Net Income Growth	383.05%	383.05%	-50.19%	-18.91%	-23.91%	-
Shares Outstanding (Basic)	46	46	46	46	28	15
Shares Outstanding (Diluted)	46	46	46	46	28	15
Shares Change (YoY)	-	-	-	64.27%	84.87%	-
EPS (Basic)	0.14	0.14	0.03	0.06	0.12	0.28
EPS (Diluted)	0.14	0.14	0.03	0.06	0.12	0.28
EPS Growth	383.06%	383.06%	-50.19%	-50.64%	-58.80%	-
Free Cash Flow	6.11	6.11	12.96	-3.15	5.74	-1.41
Free Cash Flow Per Share	0.13	0.13	0.28	-0.07	0.21	-0.09
Dividend Per Share	0.083	0.083	-	0.031	0.050	-
Dividend Growth	-	-	-	-38.00%	-	-
Gross Margin	23.01%	23.01%	17.07%	18.21%	19.97%	20.97%
Operating Margin	10.86%	10.86%	3.48%	5.05%	8.09%	8.78%
Profit Margin	7.19%	7.19%	1.56%	4.04%	4.89%	5.51%
Free Cash Flow Margin	7.04%	7.04%	15.67%	-4.91%	8.79%	-1.84%
EBITDA	9.69	9.69	3.09	3.45	7.26	7.02
EBITDA Margin	11.17%	11.17%	3.73%	5.37%	11.10%	9.19%
D&A For EBITDA	0.27	0.27	0.21	0.21	1.97	0.31
EBIT	9.43	9.43	2.88	3.25	5.29	6.71
EBIT Margin	10.86%	10.86%	3.48%	5.05%	8.09%	8.78%
Effective Tax Rate	28.45%	28.45%	29.01%	18.84%	31.81%	31.71%
Advertising Expenses	1.49	1.49	1.74	1.19	1.2	1.71

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