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	162.53	161.01	165.58	153.53	144.37
Gross Profit	132.57	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	39.31	21.71	30.96	33.37	31.9
Interest Expense	-	-	-	-0.28	-1.38
Interest & Investment Income	-	0.65	0.16	-	-
Other Non Operating Income (Expenses)	0.97	0.19	0.36	1.2	1.2
EBT Excluding Unusual Items	40.28	22.55	31.48	34.3	31.73
Asset Writedown	-	-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)	-	155	144	141	143
Shares Outstanding (Diluted)	-	155	144	141	143
Shares Change (YoY)	-	7.45%	2.35%	-1.92%	-1.59%
EPS (Basic)	-	0.05	0.19	0.19	0.16
EPS (Diluted)	-	0.05	0.19	0.19	0.16
EPS Growth	-	-73.68%	-	18.75%	33.33%
Free Cash Flow	42.17	28.48	25.83	46.56	32.61
Free Cash Flow Per Share	-	0.18	0.18	0.33	0.23
Dividend Per Share	-	0.058	0.164	0.184	0.125
Dividend Growth	-	-64.34%	-11.11%	47.31%	-1.88%
Gross Margin	44.92%	39.76%	40.12%	41.66%	42.02%
Operating Margin	13.32%	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	67.36	31.67	40.19	42.14	36.49
EBITDA Margin	22.82%	11.85%	14.54%	16.01%	14.65%
D&A For EBITDA	28.05	9.95	9.24	8.77	4.59
EBIT	39.31	21.71	30.96	33.37	31.9
EBIT Margin	13.32%	8.12%	11.20%	12.68%	12.81%
Effective Tax Rate	23.92%	43.88%	24.02%	15.84%	23.85%

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.