T&G Global Limited (NZE:TGG)

T&G Global Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,461	1,361	1,334	1,305	1,365	1,413
Other Revenue	-6.73	-	0.07	0.01	-	-
Revenue	1,455	1,361	1,334	1,305	1,365	1,413
Revenue Growth (YoY)	4.19%	1.98%	2.26%	-4.43%	-3.34%	16.13%
Cost of Revenue	1,083	1,016	1,020	971.08	1,016	1,092
Gross Profit	371.53	345.1	314.53	333.86	349.63	320.65
Selling, General & Admin	212.1	207.75	206.52	188.67	188.85	189.3
Other Operating Expenses	69.3	67.94	78.06	57.27	69.72	50.85
Operating Expenses	339.75	334.08	343.21	303.59	311.22	286.03
Operating Income	31.78	11.02	-28.68	30.27	38.41	34.62
Interest Expense	-34.99	-34	-28.65	-18.42	-16.51	-13.81
Interest & Investment Income	4.96	5.41	4.09	2.38	1.23	1.33
Earnings From Equity Investments	1.27	2.42	1.17	1.88	2.03	2.42
Currency Exchange Gain (Loss)	1.64	1.64	-16.9	-9.86	-14.04	0.58
Other Non Operating Income (Expenses)	-7.92	-0.24	-0.27	-0.29	-0.36	-0.3
EBT Excluding Unusual Items	-3.26	-13.75	-69.25	5.96	10.77	24.85
Gain (Loss) on Sale of Investments	-	-	-	-	-0.43	-
Gain (Loss) on Sale of Assets	-0.36	-0.36	0.17	-6.07	-0.54	-2.84
Asset Writedown	-	-	-	-3.24	-0.01	0.01
Other Unusual Items	-0.49	-0.49	-12.36	-	-	-
Pretax Income	3.66	-6.83	-64.25	-3.34	9.8	22.02
Income Tax Expense	-6.78	3.06	-17.65	-2.48	-3.75	5.43
Earnings From Continuing Operations	10.44	-9.89	-46.6	-0.86	13.55	16.59
Net Income to Company	10.44	-9.89	-46.6	-0.86	13.55	16.59
Minority Interest in Earnings	-6.15	-6.15	-4.56	-4.61	-4.68	-5.53
Net Income	4.3	-16.03	-51.16	-5.47	8.88	11.06
Net Income to Common	4.3	-16.03	-51.16	-5.47	8.88	11.06
Net Income Growth	-	-	-	-	-19.72%	1127.08%
Shares Outstanding (Basic)	122	123	123	123	123	123
Shares Outstanding (Diluted)	122	123	123	123	123	123
Shares Change (YoY)	-0.30%	-	-	-	-	-
EPS (Basic)	0.04	-0.13	-0.42	-0.04	0.07	0.09
EPS (Diluted)	0.04	-0.13	-0.42	-0.04	0.07	0.09
EPS Growth	-	-	-	-	-19.72%	1127.16%
Free Cash Flow	51.51	15.03	-42.53	-100.11	6.46	15.49
Free Cash Flow Per Share	0.42	0.12	-0.35	-0.82	0.05	0.13
Dividend Per Share	-	-	-	-	-	0.120
Gross Margin	25.54%	25.36%	23.57%	25.58%	25.61%	22.70%
Operating Margin	2.18%	0.81%	-2.15%	2.32%	2.81%	2.45%
Profit Margin	0.29%	-1.18%	-3.83%	-0.42%	0.65%	0.78%
Free Cash Flow Margin	3.54%	1.10%	-3.19%	-7.67%	0.47%	1.10%
EBITDA	59.65	38.94	-2.24	58.2	63.41	56.77
EBITDA Margin	4.10%	2.86%	-0.17%	4.46%	4.64%	4.02%
D&A For EBITDA	27.87	27.92	26.44	27.93	25	22.15
EBIT	31.78	11.02	-28.68	30.27	38.41	34.62
EBIT Margin	2.18%	0.81%	-2.15%	2.32%	2.81%	2.45%
Effective Tax Rate	-	-	-	-	-	24.67%
Advertising Expenses	-	11.08	19.58	5.43	9.46	8.01

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