Livestock Improvement Corporation Limited (NZE:LIC)

NZE:LIC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 30, 2024	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Revenue	281.01	267.29	276.51	263.18	249.01	240.93
Revenue Growth (YoY)	3.59%	-3.33%	5.06%	5.69%	3.35%	-2.28%
Cost of Revenue	165.5	161.01	165.58	153.53	144.37	133.94
Gross Profit	115.51	106.28	110.93	109.65	104.64	107
Research & Development	-	-	-	-	17.12	14.84
Other Operating Expenses	61.1	60.52	56.86	53.53	33.62	33.06
Operating Expenses	87.34	84.56	79.97	76.28	72.74	74.77
Operating Income	28.16	21.71	30.96	33.37	31.9	32.22
Interest Expense	-	-	-	-0.28	-1.38	-0.48
Interest & Investment Income	0.76	0.65	0.16	-	-	-
Other Non Operating Income (Expenses)	-0.11	0.19	0.36	1.2	1.2	-
EBT Excluding Unusual Items	28.82	22.55	31.48	34.3	31.73	31.74
Asset Writedown	-1.26	-8.77	4.52	-21.67	-0.72	-7.22
Pretax Income	27.56	13.78	36	12.62	31.01	24.52
Income Tax Expense	9.73	6.05	8.65	2	7.4	3.47
Earnings From Continuing Operations	17.83	7.73	27.35	10.62	23.61	21.06
Earnings From Discontinued Operations	-	-	-	16.1	-0.67	-3.57
Net Income to Company	17.83	7.73	27.35	26.72	22.94	17.49
Net Income	17.83	7.73	27.35	26.72	22.94	17.49
Net Income to Common	17.83	7.73	27.35	26.72	22.94	17.49
Net Income Growth	-22.58%	-71.72%	2.35%	16.47%	31.21%	-21.12%
Shares Outstanding (Basic)	155	155	144	141	143	146
Shares Outstanding (Diluted)	155	155	144	141	143	146
Shares Change (YoY)	7.35%	7.45%	2.35%	-1.92%	-1.60%	5.17%
EPS (Basic)	0.12	0.05	0.19	0.19	0.16	0.12
EPS (Diluted)	0.12	0.05	0.19	0.19	0.16	0.12
EPS Growth	-27.88%	-73.68%	0%	18.75%	33.33%	-25.00%
Free Cash Flow	38.67	28.48	25.83	46.56	32.61	45.79
Free Cash Flow Per Share	0.25	0.18	0.18	0.33	0.23	0.31
Dividend Per Share	0.058	0.058	0.164	0.184	0.125	0.128
Dividend Growth	-64.34%	-64.34%	-11.11%	47.31%	-1.88%	16.12%
Gross Margin	41.10%	39.76%	40.12%	41.66%	42.02%	44.41%
Operating Margin	10.02%	8.12%	11.20%	12.68%	12.81%	13.37%
Profit Margin	6.34%	2.89%	9.89%	10.15%	9.21%	7.26%
Free Cash Flow Margin	13.76%	10.66%	9.34%	17.69%	13.10%	19.00%
EBITDA	40.31	31.67	40.19	42.14	36.49	37.06
EBITDA Margin	14.35%	11.85%	14.54%	16.01%	14.65%	15.38%
D&A For EBITDA	12.15	9.95	9.24	8.77	4.59	4.84
EBIT	28.16	21.71	30.96	33.37	31.9	32.22
EBIT Margin	10.02%	8.12%	11.20%	12.68%	12.81%	13.37%
Effective Tax Rate	35.31%	43.88%	24.02%	15.84%	23.85%	14.13%

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