Summerset Group Holdings Limited (NZE:SUM)

Summerset Group Holdings 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
Operating Revenue	318.61	270.5	236.96	202.06	172.37
Other Revenue	-	-	1.34	3.24	-
Revenue	318.61	270.5	238.3	205.29	172.37
Revenue Growth (YoY)	17.79%	13.51%	16.08%	19.10%	12.13%
Cost of Revenue	284.15	247.98	211.8	178.75	137.51
Gross Profit	34.46	22.52	26.5	26.54	34.86
Selling, General & Admin	-	-	-	0.29	0.16
Operating Expenses	19.1	15.8	13.6	11.85	8.26
Operating Income	15.36	6.72	12.91	14.69	26.61
Interest Expense	-13.51	-16.71	-28.78	-28.28	-7.7
Interest & Investment Income	1.29	1.7	0.41	0.06	0.05
Other Non Operating Income (Expenses)	-12.84	-10.78	11.82	16.24	-5.8
EBT Excluding Unusual Items	-9.7	-19.07	-3.64	2.71	13.16
Asset Writedown	365.46	430.56	268.76	540.93	217.71
Other Unusual Items	-	-	-	-	-9.14
Pretax Income	355.76	411.49	265.12	543.64	221.74
Income Tax Expense	15.92	-13.84	-3.96	-0.03	-9.04
Net Income	339.84	425.33	269.07	543.66	230.78
Net Income to Common	339.84	425.33	269.07	543.66	230.78
Net Income Growth	-20.10%	58.07%	-50.51%	135.58%	31.67%
Shares Outstanding (Basic)	235	233	231	228	226
Shares Outstanding (Diluted)	236	233	231	230	228
Shares Change (YoY)	1.05%	0.85%	0.74%	0.68%	0.84%
EPS (Basic)	1.45	1.83	1.17	2.38	1.02
EPS (Diluted)	1.44	1.82	1.16	2.37	1.01
EPS Growth	-20.93%	56.74%	-50.87%	133.98%	30.59%
Free Cash Flow	290.63	287.22	293.3	325.49	229.42
Free Cash Flow Per Share	1.23	1.23	1.27	1.42	1.01
Dividend Per Share	0.245	0.245	0.223	0.185	0.130
Dividend Growth	-	9.87%	20.54%	42.31%	-7.80%
Gross Margin	10.82%	8.33%	11.12%	12.93%	20.23%
Operating Margin	4.82%	2.48%	5.42%	7.16%	15.44%
Profit Margin	106.66%	157.24%	112.91%	264.82%	133.88%
Free Cash Flow Margin	91.22%	106.18%	123.08%	158.55%	133.10%
EBITDA	31.01	19.5	23.88	23.87	32.48
EBITDA Margin	9.73%	7.21%	10.02%	11.63%	18.84%
D&A For EBITDA	15.65	12.78	10.97	9.18	5.87
EBIT	15.36	6.72	12.91	14.69	26.61
EBIT Margin	4.82%	2.48%	5.42%	7.16%	15.44%
Effective Tax Rate	4.48%	-	-	-	-
Revenue as Reported	692.48	702.76	507.47	746.28	393.56

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.