Meridian Energy Limited (NZE:MEL)

Meridian Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	5,000	4,856	3,222	3,776	3,963	3,405
Revenue Growth (YoY)	29.43%	50.71%	-14.67%	-4.72%	16.39%	-2.46%
Depreciation & Amortization	395	334	294	293	271	312
Other Operating Expenses	4,333	3,849	2,774	2,922	3,114	2,665
Total Operating Expenses	4,728	4,183	3,068	3,215	3,385	2,977
Operating Income	272	673	154	561	578	428
Interest Expense	-82	-73	-31	63	-2	-133
Interest Income	10	12	11	3	-	1
Net Interest Expense	-72	-61	-20	66	-2	-132
EBT Excluding Unusual Items	200	612	134	627	576	296
Asset Writedown	-37	-18	-8	-2	-	-58
Pretax Income	163	594	126	625	576	238
Income Tax Expense	46	165	31	174	161	63
Earnings From Continuing Ops.	117	429	95	451	415	175
Earnings From Discontinued Ops.	-	-	-	213	13	-
Net Income	117	429	95	664	428	175
Net Income to Common	117	429	95	664	428	175
Net Income Growth	37.65%	351.58%	-85.69%	55.14%	144.57%	-48.38%
Shares Outstanding (Basic)	2,594	2,588	2,582	2,571	2,563	2,563
Shares Outstanding (Diluted)	2,594	2,588	2,582	2,571	2,563	2,563
Shares Change (YoY)	0.37%	0.22%	0.42%	0.31%	-	-
EPS (Basic)	0.05	0.17	0.04	0.26	0.17	0.07
EPS (Diluted)	0.05	0.17	0.04	0.26	0.17	0.07
EPS Growth	37.15%	350.56%	-85.75%	54.66%	144.57%	-48.38%
Free Cash Flow	172	386	193	320	355	562
Free Cash Flow Per Share	0.07	0.15	0.07	0.12	0.14	0.22
Dividend Per Share	0.210	0.210	0.179	0.174	0.169	0.169
Dividend Growth	16.34%	17.32%	2.87%	2.96%	-	2.92%
Profit Margin	2.34%	8.83%	2.95%	17.59%	10.80%	5.14%
Free Cash Flow Margin	3.44%	7.95%	5.99%	8.48%	8.96%	16.50%
EBITDA	640	975	418	834	857	709
EBITDA Margin	12.80%	20.08%	12.97%	22.09%	21.63%	20.82%
D&A For EBITDA	368	302	264	273	279	281
EBIT	272	673	154	561	578	428
EBIT Margin	5.44%	13.86%	4.78%	14.86%	14.59%	12.57%
Effective Tax Rate	28.22%	27.78%	24.60%	27.84%	27.95%	26.47%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.