Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK)

NZE:MCK Income Statement

Financials in millions NZD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	176.18	145.66	144.2	164.77	171.98
Revenue Growth (YoY)	20.96%	1.01%	-12.49%	-4.19%	-25.12%
Cost of Revenue	78.33	67.88	59.69	78.51	79.82
Gross Profit	97.86	77.78	84.51	86.26	92.17
Selling, General & Admin	29.8	25.53	22.68	19.97	20.59
Other Operating Expenses	25.6	20.48	18.57	17.75	18.53
Operating Expenses	55.39	46.01	41.25	37.72	39.12
Operating Income	42.46	31.77	43.26	48.54	53.05
Interest Expense	-2.02	-2.01	-2.32	-1.26	-2.01
Interest & Investment Income	4.48	7.7	3.87	1.57	3.31
Earnings From Equity Investments	1.51	0.07	-	-	-
Currency Exchange Gain (Loss)	0.66	-0.44	-0.01	-0.12	0.07
Other Non Operating Income (Expenses)	-0	-	-	-	-
EBT Excluding Unusual Items	47.08	37.1	44.8	48.72	54.42
Gain (Loss) on Sale of Assets	-0	0.38	-0.02	15.87	-
Pretax Income	47.08	37.47	44.78	64.59	54.42
Income Tax Expense	38.29	10.56	12.36	13.87	-4.41
Earnings From Continuing Operations	8.79	26.92	32.42	50.72	58.82
Minority Interest in Earnings	-6.03	-5.32	-10.71	-10.67	-10.34
Net Income	2.76	21.6	21.71	40.05	48.48
Net Income to Common	2.76	21.6	21.71	40.05	48.48
Net Income Growth	-87.21%	-0.51%	-45.78%	-17.40%	-2.37%
Shares Outstanding (Basic)	158	158	158	158	158
Shares Outstanding (Diluted)	158	158	158	158	158
EPS (Basic)	0.02	0.14	0.14	0.25	0.31
EPS (Diluted)	0.02	0.14	0.14	0.25	0.31
EPS Growth	-87.22%	-0.49%	-45.79%	-17.40%	-2.38%
Free Cash Flow	-14.77	5.78	19.2	25.04	80.14
Free Cash Flow Per Share	-0.09	0.04	0.12	0.16	0.51
Dividend Per Share	0.030	0.030	0.030	0.035	-
Dividend Growth	-	-	-14.29%	-	-
Gross Margin	55.54%	53.40%	58.61%	52.35%	53.59%
Operating Margin	24.10%	21.81%	30.00%	29.46%	30.84%
Profit Margin	1.57%	14.83%	15.06%	24.31%	28.19%
Free Cash Flow Margin	-8.38%	3.97%	13.32%	15.20%	46.60%
EBITDA	50.21	39.61	50.62	55.95	60.85
EBITDA Margin	28.50%	27.20%	35.10%	33.96%	35.38%
D&A For EBITDA	7.75	7.85	7.35	7.42	7.8
EBIT	42.46	31.77	43.26	48.54	53.05
EBIT Margin	24.10%	21.81%	30.00%	29.46%	30.84%
Effective Tax Rate	81.33%	28.17%	27.61%	21.47%	-
Revenue as Reported	176.18	145.66	144.2	164.77	171.98

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.