NZE:LIC Income Statement

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

Millions NZD. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Revenue	314.8	295.11	267.29	276.51	263.18
Revenue Growth (YoY)	6.67%	10.41%	-3.33%	5.06%	5.69%
Cost of Revenue	179.62	174.83	161.01	165.58	153.53
Gross Profit	135.19	120.28	106.28	110.93	109.65
Other Operating Expenses	79.07	65.22	60.52	56.86	53.53
Operating Expenses	107.41	93.27	84.56	79.97	76.28
Operating Income	27.78	27.01	21.71	30.96	33.37
Interest Expense	-	-	-	-	-0.28
Interest & Investment Income	-	0.92	0.65	0.16	-
Other Non Operating Income (Expenses)	0.36	0.05	0.19	0.36	1.2
EBT Excluding Unusual Items	28.14	27.99	22.55	31.48	34.3
Asset Writedown	-	12.29	-8.77	4.52	-21.67
Pretax Income	28.14	40.28	13.78	36	12.62
Income Tax Expense	6.82	9.63	6.05	8.65	2
Earnings From Continuing Operations	21.32	30.64	7.73	27.35	10.62
Earnings From Discontinued Operations	-	-	-	-	16.1
Net Income to Company	21.32	30.64	7.73	27.35	26.72
Net Income	21.32	30.64	7.73	27.35	26.72
Net Income to Common	21.32	30.64	7.73	27.35	26.72
Net Income Growth	-30.44%	296.21%	-71.72%	2.35%	16.47%
Shares Outstanding (Basic)	142	139	155	144	141
Shares Outstanding (Diluted)	142	139	155	144	141
Shares Change (YoY)	2.02%	-9.95%	7.45%	2.35%	-1.92%
EPS (Basic)	0.15	0.22	0.05	0.19	0.19
EPS (Diluted)	0.15	0.22	0.05	0.19	0.19
EPS Growth	-31.82%	340.00%	-73.68%	-	18.75%
Free Cash Flow	37.47	42.17	28.48	25.83	46.56
Free Cash Flow Per Share	0.26	0.30	0.18	0.18	0.33
Dividend Per Share	-	0.122	0.058	0.164	0.184
Dividend Growth	-	109.27%	-64.35%	-11.11%	47.31%
Gross Margin	42.94%	40.76%	39.76%	40.12%	41.66%
Operating Margin	8.82%	9.15%	8.12%	11.20%	12.68%
Profit Margin	6.77%	10.38%	2.89%	9.89%	10.15%
Free Cash Flow Margin	11.90%	14.29%	10.66%	9.34%	17.69%
EBITDA	56.11	37.53	31.67	40.19	42.14
EBITDA Margin	17.82%	12.72%	11.85%	14.54%	16.01%
D&A For EBITDA	28.34	10.52	9.95	9.24	8.77
EBIT	27.78	27.01	21.71	30.96	33.37
EBIT Margin	8.82%	9.15%	8.12%	11.20%	12.68%
Effective Tax Rate	24.24%	23.92%	43.88%	24.02%	15.84%