Meridian Energy Limited (NZE:MEL)

Meridian Energy Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	4,856	3,222	3,776	3,963	3,405
Revenue Growth (YoY)	50.71%	-14.67%	-4.72%	16.39%	-2.46%
Depreciation & Amortization	334	294	293	271	312
Other Operating Expenses	3,849	2,774	2,922	3,114	2,665
Total Operating Expenses	4,183	3,068	3,215	3,385	2,977
Operating Income	673	154	561	578	428
Interest Expense	-73	-31	63	-2	-133
Interest Income	12	11	3	-	1
Net Interest Expense	-61	-20	66	-2	-132
EBT Excluding Unusual Items	612	134	627	576	296
Asset Writedown	-18	-8	-2	-	-58
Pretax Income	594	126	625	576	238
Income Tax Expense	165	31	174	161	63
Earnings From Continuing Ops.	429	95	451	415	175
Earnings From Discontinued Ops.	-	-	213	13	-
Net Income	429	95	664	428	175
Net Income to Common	429	95	664	428	175
Net Income Growth	351.58%	-85.69%	55.14%	144.57%	-48.38%
Shares Outstanding (Basic)	2,588	2,582	2,571	2,563	2,563
Shares Outstanding (Diluted)	2,588	2,582	2,571	2,563	2,563
Shares Change (YoY)	0.22%	0.42%	0.31%	-	-
EPS (Basic)	0.17	0.04	0.26	0.17	0.07
EPS (Diluted)	0.17	0.04	0.26	0.17	0.07
EPS Growth	350.57%	-85.75%	54.66%	144.57%	-48.38%
Free Cash Flow	386	193	320	355	562
Free Cash Flow Per Share	0.15	0.07	0.12	0.14	0.22
Dividend Per Share	0.210	0.179	0.174	0.169	0.169
Dividend Growth	17.32%	2.87%	2.96%	0%	2.92%
Profit Margin	8.83%	2.95%	17.58%	10.80%	5.14%
Free Cash Flow Margin	7.95%	5.99%	8.47%	8.96%	16.51%
EBITDA	975	418	834	857	709
EBITDA Margin	20.08%	12.97%	22.09%	21.63%	20.82%
D&A For EBITDA	302	264	273	279	281
EBIT	673	154	561	578	428
EBIT Margin	13.86%	4.78%	14.86%	14.58%	12.57%
Effective Tax Rate	27.78%	24.60%	27.84%	27.95%	26.47%

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