Livestock Improvement Corporation Limited (NZE:LIC)

NZE:LIC Income Statement

Financials in millions NZD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	295.11	267.29	276.51	263.18	249.01
Revenue Growth (YoY)	10.41%	-3.33%	5.06%	5.69%	3.35%
Cost of Revenue	174.83	161.01	165.58	153.53	144.37
Gross Profit	120.28	106.28	110.93	109.65	104.64
Research & Development	-	-	-	-	17.12
Other Operating Expenses	65.22	60.52	56.86	53.53	33.62
Operating Expenses	93.27	84.56	79.97	76.28	72.74
Operating Income	27.01	21.71	30.96	33.37	31.9
Interest Expense	-	-	-	-0.28	-1.38
Interest & Investment Income	0.92	0.65	0.16	-	-
Other Non Operating Income (Expenses)	0.05	0.19	0.36	1.2	1.2
EBT Excluding Unusual Items	27.99	22.55	31.48	34.3	31.73
Asset Writedown	12.29	-8.77	4.52	-21.67	-0.72
Pretax Income	40.28	13.78	36	12.62	31.01
Income Tax Expense	9.63	6.05	8.65	2	7.4
Earnings From Continuing Operations	30.64	7.73	27.35	10.62	23.61
Earnings From Discontinued Operations	-	-	-	16.1	-0.67
Net Income to Company	30.64	7.73	27.35	26.72	22.94
Net Income	30.64	7.73	27.35	26.72	22.94
Net Income to Common	30.64	7.73	27.35	26.72	22.94
Net Income Growth	296.21%	-71.72%	2.35%	16.47%	31.21%
Shares Outstanding (Basic)	139	155	144	141	143
Shares Outstanding (Diluted)	139	155	144	141	143
Shares Change (YoY)	-9.95%	7.45%	2.35%	-1.92%	-1.59%
EPS (Basic)	0.22	0.05	0.19	0.19	0.16
EPS (Diluted)	0.22	0.05	0.19	0.19	0.16
EPS Growth	340.00%	-73.68%	-	18.75%	33.33%
Free Cash Flow	42.17	28.48	25.83	46.56	32.61
Free Cash Flow Per Share	0.30	0.18	0.18	0.33	0.23
Dividend Per Share	0.122	0.058	0.164	0.184	0.125
Dividend Growth	109.27%	-64.35%	-11.11%	47.31%	-1.88%
Gross Margin	40.76%	39.76%	40.12%	41.66%	42.02%
Operating Margin	9.15%	8.12%	11.20%	12.68%	12.81%
Profit Margin	10.38%	2.89%	9.89%	10.15%	9.21%
Free Cash Flow Margin	14.29%	10.66%	9.34%	17.69%	13.10%
EBITDA	37.53	31.67	40.19	42.14	36.49
EBITDA Margin	12.72%	11.85%	14.54%	16.01%	14.65%
D&A For EBITDA	10.52	9.95	9.24	8.77	4.59
EBIT	27.01	21.71	30.96	33.37	31.9
EBIT Margin	9.15%	8.12%	11.20%	12.68%	12.81%
Effective Tax Rate	23.92%	43.88%	24.02%	15.84%	23.85%

Updated May 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.