The Warehouse Group Limited (NZE:WHS)

The Warehouse Group Income Statement

Financials in millions NZD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 3, 2025	Jul 28, 2024	Jul 30, 2023	Jul 31, 2022	Jul 31, 2021
Operating Revenue	3,087	3,038	3,237	3,294	3,415
Revenue	3,087	3,038	3,237	3,294	3,415
Revenue Growth (YoY)	1.62%	-6.16%	-1.74%	-3.52%	7.62%
Cost of Revenue	2,092	2,017	2,149	2,130	2,173
Gross Profit	995.08	1,021	1,088	1,164	1,241
Selling, General & Admin	526.52	512.15	535.77	575.36	582.1
Other Operating Expenses	271.06	280.9	278.2	284.84	244.06
Operating Expenses	954.11	951.6	965.86	1,006	969.5
Operating Income	40.98	69.27	122.37	158.06	271.85
Interest Expense	-43.83	-39.38	-37.19	-37.42	-38.51
Interest & Investment Income	0.32	1	-	0.59	1.05
Currency Exchange Gain (Loss)	-0.27	-0.06	0.13	0.07	-0.11
EBT Excluding Unusual Items	-2.81	30.83	85.3	121.29	234.29
Merger & Restructuring Charges	-	-8.88	-10.5	-	-16.07
Gain (Loss) on Sale of Assets	-0.19	-1.38	-1.79	-1.13	-0.64
Asset Writedown	-	-	-	-	-1.58
Other Unusual Items	-	-	-1.48	1.78	-70.89
Pretax Income	-3	20.56	71.53	121.94	145.12
Income Tax Expense	-0.57	14.02	21.47	34.85	37.25
Earnings From Continuing Operations	-2.43	6.54	50.06	87.09	107.87
Earnings From Discontinued Operations	-	-60.3	-20.13	-	-
Net Income to Company	-2.43	-53.76	29.94	87.09	107.87
Minority Interest in Earnings	-0.34	-0.42	-0.13	2.22	1.44
Net Income	-2.76	-54.18	29.81	89.31	109.31
Net Income to Common	-2.76	-54.18	29.81	89.31	109.31
Net Income Growth	-	-	-66.62%	-18.30%	145.80%
Shares Outstanding (Basic)	345	345	345	345	345
Shares Outstanding (Diluted)	345	345	345	345	345
Shares Change (YoY)	-	-	-	0.01%	0.00%
EPS (Basic)	-0.01	-0.16	0.09	0.26	0.32
EPS (Diluted)	-0.01	-0.16	0.09	0.26	0.32
EPS Growth	-	-	-66.62%	-18.31%	145.79%
Free Cash Flow	59.72	146.59	99.1	-2.05	164.08
Free Cash Flow Per Share	0.17	0.42	0.29	-0.01	0.47
Dividend Per Share	-	0.050	0.080	0.200	0.305
Dividend Growth	-	-37.50%	-60.00%	-34.43%	-
Gross Margin	32.24%	33.61%	33.62%	35.34%	36.35%
Operating Margin	1.33%	2.28%	3.78%	4.80%	7.96%
Profit Margin	-0.09%	-1.78%	0.92%	2.71%	3.20%
Free Cash Flow Margin	1.93%	4.83%	3.06%	-0.06%	4.81%
EBITDA	81.3	112.85	164.63	196.26	313.25
EBITDA Margin	2.63%	3.72%	5.09%	5.96%	9.17%
D&A For EBITDA	40.33	43.59	42.26	38.2	41.4
EBIT	40.98	69.27	122.37	158.06	271.85
EBIT Margin	1.33%	2.28%	3.78%	4.80%	7.96%
Effective Tax Rate	-	68.19%	30.01%	28.58%	25.67%

Updated Aug 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.