Livestock Improvement Corporation Limited (NZE:LIC)

NZE:LIC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	304.69	295.11	267.29	276.51	263.18	249.01
Revenue Growth (YoY)	8.43%	10.41%	-3.33%	5.06%	5.69%	3.35%
Cost of Revenue	178.6	174.83	161.01	165.58	153.53	144.37
Gross Profit	126.09	120.28	106.28	110.93	109.65	104.64
Research & Development	-	-	-	-	-	17.12
Other Operating Expenses	70.25	65.22	60.52	56.86	53.53	33.62
Operating Expenses	98.84	93.27	84.56	79.97	76.28	72.74
Operating Income	27.24	27.01	21.71	30.96	33.37	31.9
Interest Expense	-	-	-	-	-0.28	-1.38
Interest & Investment Income	0.9	0.92	0.65	0.16	-	-
Other Non Operating Income (Expenses)	0.06	0.05	0.19	0.36	1.2	1.2
EBT Excluding Unusual Items	28.2	27.99	22.55	31.48	34.3	31.73
Asset Writedown	4.78	12.29	-8.77	4.52	-21.67	-0.72
Pretax Income	32.98	40.28	13.78	36	12.62	31.01
Income Tax Expense	7.6	9.63	6.05	8.65	2	7.4
Earnings From Continuing Operations	25.38	30.64	7.73	27.35	10.62	23.61
Earnings From Discontinued Operations	-	-	-	-	16.1	-0.67
Net Income to Company	25.38	30.64	7.73	27.35	26.72	22.94
Net Income	25.38	30.64	7.73	27.35	26.72	22.94
Net Income to Common	25.38	30.64	7.73	27.35	26.72	22.94
Net Income Growth	42.34%	296.21%	-71.72%	2.35%	16.47%	31.21%
Shares Outstanding (Basic)	137	139	155	144	141	143
Shares Outstanding (Diluted)	137	139	155	144	141	143
Shares Change (YoY)	-11.15%	-9.95%	7.45%	2.35%	-1.92%	-1.59%
EPS (Basic)	0.18	0.22	0.05	0.19	0.19	0.16
EPS (Diluted)	0.18	0.22	0.05	0.19	0.19	0.16
EPS Growth	60.19%	340.00%	-73.68%	-	18.75%	33.33%
Free Cash Flow	41.76	42.17	28.48	25.83	46.56	32.61
Free Cash Flow Per Share	0.30	0.30	0.18	0.18	0.33	0.23
Dividend Per Share	0.122	0.122	0.058	0.164	0.184	0.125
Dividend Growth	109.27%	109.27%	-64.35%	-11.11%	47.31%	-1.88%
Gross Margin	41.38%	40.76%	39.76%	40.12%	41.66%	42.02%
Operating Margin	8.94%	9.15%	8.12%	11.20%	12.68%	12.81%
Profit Margin	8.33%	10.38%	2.89%	9.89%	10.15%	9.21%
Free Cash Flow Margin	13.71%	14.29%	10.66%	9.34%	17.69%	13.10%
EBITDA	38.31	37.53	31.67	40.19	42.14	36.49
EBITDA Margin	12.57%	12.72%	11.85%	14.54%	16.01%	14.65%
D&A For EBITDA	11.07	10.52	9.95	9.24	8.77	4.59
EBIT	27.24	27.01	21.71	30.96	33.37	31.9
EBIT Margin	8.94%	9.15%	8.12%	11.20%	12.68%	12.81%
Effective Tax Rate	23.06%	23.92%	43.88%	24.02%	15.84%	23.85%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.