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	Sep '24 Sep 30, 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	86.86	86.78	82.7	64.23	65.37	76.32
Other Revenue	0.04	-	-	-	-	0.04
Revenue	86.89	86.78	82.7	64.23	65.37	76.36
Revenue Growth (YoY)	2.88%	4.93%	28.76%	-1.74%	-14.40%	-
Cost of Revenue	68.24	66.81	68.59	52.53	52.32	60.35
Gross Profit	18.65	19.97	14.12	11.7	13.05	16.01
Selling, General & Admin	8.83	8.21	9.11	7.76	6.04	7.28
Other Operating Expenses	-	-	-	-1.09	-0.25	-
Operating Expenses	11.31	10.55	11.24	8.45	7.77	9.31
Operating Income	7.34	9.43	2.88	3.25	5.29	6.71
Interest Expense	-0.55	-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	6.66	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	6.66	8.72	1.82	3.2	4.69	6.19
Income Tax Expense	1.9	2.48	0.53	0.6	1.49	1.96
Earnings From Continuing Operations	4.76	6.24	1.29	2.59	3.2	4.23
Minority Interest in Earnings	-	-	-	-	-	-0.03
Net Income	4.76	6.24	1.29	2.59	3.2	4.2
Net Income to Common	4.76	6.24	1.29	2.59	3.2	4.2
Net Income Growth	22.23%	383.05%	-50.19%	-18.91%	-23.91%	-
Shares Outstanding (Basic)	44	46	46	46	28	15
Shares Outstanding (Diluted)	44	46	46	46	28	15
Shares Change (YoY)	9.33%	-	-	64.27%	84.87%	-
EPS (Basic)	0.11	0.14	0.03	0.06	0.12	0.28
EPS (Diluted)	0.11	0.14	0.03	0.06	0.12	0.28
EPS Growth	11.80%	383.06%	-50.19%	-50.64%	-58.80%	-
Free Cash Flow	1.27	6.11	12.96	-3.15	5.74	-1.41
Free Cash Flow Per Share	0.03	0.13	0.28	-0.07	0.21	-0.09
Dividend Per Share	0.072	0.083	-	0.031	0.050	-
Dividend Growth	73.56%	-	-	-38.00%	-	-
Gross Margin	21.46%	23.01%	17.07%	18.21%	19.97%	20.97%
Operating Margin	8.45%	10.86%	3.48%	5.05%	8.09%	8.78%
Profit Margin	5.47%	7.19%	1.56%	4.04%	4.89%	5.51%
Free Cash Flow Margin	1.47%	7.04%	15.67%	-4.91%	8.79%	-1.84%
EBITDA	7.75	9.69	3.09	3.45	7.26	7.02
EBITDA Margin	8.92%	11.17%	3.73%	5.37%	11.10%	9.19%
D&A For EBITDA	0.41	0.27	0.21	0.21	1.97	0.31
EBIT	7.34	9.43	2.88	3.25	5.29	6.71
EBIT Margin	8.45%	10.86%	3.48%	5.05%	8.09%	8.78%
Effective Tax Rate	28.59%	28.45%	29.01%	18.84%	31.81%	31.71%
Advertising Expenses	-	1.49	1.74	1.19	1.2	1.71

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