Alibaba Group Holding Limited (BABAF)

Alibaba Group Holding Income Statement

Financials in millions CNY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	961,961	941,168	868,687	853,062	717,289	509,711
Revenue Growth (YoY)	5.14%	8.34%	1.83%	18.93%	40.72%	35.26%
Cost of Revenue	594,447	586,323	548,562	538,705	419,517	279,713
Gross Profit	367,514	354,845	320,125	314,357	297,772	229,998
Selling, General & Admin	176,113	157,126	145,679	151,721	118,515	78,870
Research & Development	55,128	52,256	56,744	55,465	57,236	43,080
Operating Expenses	235,666	216,127	213,116	217,860	188,178	134,464
Operating Income	131,848	138,718	107,009	96,497	109,594	95,534
Interest Expense	-8,924	-7,947	-5,918	-4,909	-4,476	-5,180
Interest & Investment Income	17,129	-	-	-	72,794	72,956
Earnings From Equity Investments	-2,338	-7,735	-8,063	14,344	6,984	-5,733
Other Non Operating Income (Expenses)	2,181	6,157	5,823	10,523	7,582	7,439
EBT Excluding Unusual Items	139,896	129,193	98,851	116,455	192,478	165,016
Impairment of Goodwill	-8,490	-10,521	-2,714	-25,141	-	-576
Gain (Loss) on Sale of Investments	-9,202	-9,964	-11,071	-15,702	-	-
Asset Writedown	-14,847	-14,847	-3,944	-1,718	-1,688	-3,528
Legal Settlements	-	-	-	-	-18,228	-
Pretax Income	107,357	93,861	81,122	73,894	172,562	160,912
Income Tax Expense	28,152	22,529	15,549	26,815	29,278	20,562
Earnings From Continuing Operations	79,205	71,332	65,573	47,079	143,284	140,350
Minority Interest in Earnings	7,138	8,677	7,210	15,170	7,294	9,083
Net Income	86,343	80,009	72,783	62,249	150,578	149,433
Preferred Dividends & Other Adjustments	497	268	274	290	270	170
Net Income to Common	85,846	79,741	72,509	61,959	150,308	149,263
Net Income Growth	-34.91%	9.93%	16.92%	-58.66%	0.77%	70.03%
Shares Outstanding (Basic)	2,437	2,523	2,623	2,695	2,702	2,627
Shares Outstanding (Diluted)	2,476	2,545	2,639	2,723	2,748	2,668
Shares Change (YoY)	-4.48%	-3.58%	-3.09%	-0.89%	2.98%	1.71%
EPS (Basic)	35.22	31.61	27.65	22.99	55.62	56.82
EPS (Diluted)	34.62	31.24	27.46	22.74	54.68	55.92
EPS Growth	-32.12%	13.79%	20.77%	-58.42%	-2.22%	67.56%
Free Cash Flow	103,535	150,506	165,422	89,450	190,336	148,057
Free Cash Flow Per Share	41.82	59.14	62.68	32.85	69.27	55.49
Dividend Per Share	7.221	7.221	6.869	-	-	-
Dividend Growth	5.11%	5.11%	-	-	-	-
Gross Margin	38.20%	37.70%	36.85%	36.85%	41.51%	45.12%
Operating Margin	13.71%	14.74%	12.32%	11.31%	15.28%	18.74%
Profit Margin	8.92%	8.47%	8.35%	7.26%	20.96%	29.28%
Free Cash Flow Margin	10.76%	15.99%	19.04%	10.49%	26.54%	29.05%
EBITDA	174,702	183,222	153,947	144,562	157,503	137,763
EBITDA Margin	18.16%	19.47%	17.72%	16.95%	21.96%	27.03%
D&A For EBITDA	42,854	44,504	46,938	48,065	47,909	42,229
EBIT	131,848	138,718	107,009	96,497	109,594	95,534
EBIT Margin	13.71%	14.74%	12.32%	11.31%	15.28%	18.74%
Effective Tax Rate	26.22%	24.00%	19.17%	36.29%	16.97%	12.78%
Advertising Expenses	-	88,217	76,818	91,103	57,073	30,949

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