AoFrio Income Statement

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	84.37	79.69	66.55	74.32	64.22	36.88
Revenue Growth (YoY)	12.79%	19.74%	-10.46%	15.74%	74.13%	-40.24%
Cost of Revenue	59.94	56.47	46.56	53.73	46.35	26.33
Gross Profit	24.43	23.22	19.99	20.59	17.87	10.55
Selling, General & Admin	22.69	21.29	19.8	19.11	15.05	11.53
Amortization of Goodwill & Intangibles	2.26	1.96	2.31	1.89	2.02	1.69
Operating Expenses	25.78	24.06	22.85	21.56	17.65	13.86
Operating Income	-1.35	-0.84	-2.87	-0.97	0.23	-3.31
Interest Expense	-1.71	-1.68	-1.32	-0.39	-0.21	-0.39
Interest & Investment Income	0.06	0.05	0.06	0.06	0.01	0.01
Currency Exchange Gain (Loss)	-0.16	-0.01	0.49	-0.13	0.07	0.02
Other Non Operating Income (Expenses)	0.58	0.59	0.33	0.2	0.04	0.05
EBT Excluding Unusual Items	-2.58	-1.89	-3.31	-1.22	0.15	-3.63
Asset Writedown	-	-	-	-	-0.39	-0.46
Other Unusual Items	-	-	-	0.07	-0.31	2.11
Pretax Income	-2.58	-1.89	-3.31	-1.16	-0.56	-1.98
Income Tax Expense	0.03	-0.01	0.22	-4.42	-5.98	0.18
Net Income	-2.61	-1.88	-3.53	3.26	5.43	-2.15
Net Income to Common	-2.61	-1.88	-3.53	3.26	5.43	-2.15
Net Income Growth	-	-	-	-39.91%	-	-
Shares Outstanding (Basic)	432	432	432	432	432	372
Shares Outstanding (Diluted)	432	432	432	445	445	372
Shares Change (YoY)	0.02%	-	-2.98%	0.06%	19.48%	32.97%
EPS (Basic)	-0.01	-0.00	-0.01	0.01	0.01	-0.01
EPS (Diluted)	-0.01	-0.00	-0.01	0.01	0.01	-0.01
EPS Growth	-	-	-	-40.66%	-	-
Free Cash Flow	1.93	5.28	2.92	-4.78	3.81	0.13
Free Cash Flow Per Share	0.00	0.01	0.01	-0.01	0.01	-
Gross Margin	28.96%	29.14%	30.03%	27.70%	27.83%	28.60%
Operating Margin	-1.60%	-1.05%	-4.30%	-1.31%	0.36%	-8.97%
Profit Margin	-3.09%	-2.36%	-5.31%	4.39%	8.45%	-5.84%
Free Cash Flow Margin	2.29%	6.62%	4.38%	-6.43%	5.94%	0.35%
EBITDA	-0.56	-0.37	-2.41	-0.56	0.67	-2.76
EBITDA Margin	-0.66%	-0.46%	-3.62%	-0.75%	1.05%	-7.47%
D&A For EBITDA	0.79	0.47	0.46	0.41	0.44	0.55
EBIT	-1.35	-0.84	-2.87	-0.97	0.23	-3.31
EBIT Margin	-1.60%	-1.05%	-4.30%	-1.31%	0.36%	-8.97%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.