Exxaro Resources Limited (EXXAF)

Exxaro Resources Income Statement

Financials in millions ZAR. 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
Revenue	42,323	40,725	38,698	46,369	32,771	28,924
Revenue Growth (YoY)	9.26%	5.24%	-16.54%	41.49%	13.30%	12.43%
Cost of Revenue	18,377	17,938	15,576	12,979	9,651	9,243
Gross Profit	23,946	22,787	23,122	33,390	23,120	19,681
Selling, General & Admin	12,515	12,097	9,756	14,505	12,808	12,741
Research & Development	-	-	-	1	2	4
Other Operating Expenses	598	497	295	527	176	-64
Operating Expenses	15,919	15,367	12,766	17,731	15,691	15,180
Operating Income	8,027	7,420	10,356	15,659	7,429	4,501
Interest Expense	-833	-940	-1,036	-854	-650	-780
Interest & Investment Income	1,747	1,796	1,581	705	295	221
Earnings From Equity Investments	4,615	4,270	6,987	6,477	9,790	6,204
Currency Exchange Gain (Loss)	-118	97	124	777	546	50
Other Non Operating Income (Expenses)	-153	-153	-21	-91	-52	-36
EBT Excluding Unusual Items	13,285	12,490	17,991	22,673	17,358	10,160
Gain (Loss) on Sale of Investments	-	-	-	-283	361	928
Gain (Loss) on Sale of Assets	-39	-43	-57	-98	-993	-88
Asset Writedown	-	-	-	-	-21	-1,378
Other Unusual Items	-	-	-	-	-21	15
Pretax Income	13,246	12,447	17,934	22,292	16,684	9,669
Income Tax Expense	2,596	2,377	3,231	4,287	2,203	719
Earnings From Continuing Operations	10,650	10,070	14,703	18,005	14,481	8,950
Earnings From Discontinued Operations	-	-	-	-	1,465	214
Net Income to Company	10,650	10,070	14,703	18,005	15,946	9,164
Minority Interest in Earnings	-2,473	-2,346	-3,411	-4,179	-3,279	-1,881
Net Income	8,177	7,724	11,292	13,826	12,667	7,283
Net Income to Common	8,177	7,724	11,292	13,826	12,667	7,283
Net Income Growth	-9.88%	-31.60%	-18.33%	9.15%	73.93%	-25.75%
Shares Outstanding (Basic)	242	242	242	242	247	251
Shares Outstanding (Diluted)	242	242	242	242	247	251
Shares Change (YoY)	-0.21%	-	-	-2.02%	-1.59%	-
EPS (Basic)	33.86	31.92	46.66	57.13	51.28	29.02
EPS (Diluted)	33.86	31.92	46.66	57.13	51.28	29.02
EPS Growth	-9.69%	-31.60%	-18.33%	11.40%	76.73%	-25.75%
Free Cash Flow	5,678	5,977	8,430	12,758	5,961	2,318
Free Cash Flow Per Share	23.51	24.70	34.84	52.72	24.13	9.23
Dividend Per Share	17.090	16.620	21.530	27.290	32.520	18.860
Dividend Growth	-5.37%	-22.80%	-21.11%	-16.08%	72.43%	31.89%
Gross Margin	56.58%	55.95%	59.75%	72.01%	70.55%	68.04%
Operating Margin	18.97%	18.22%	26.76%	33.77%	22.67%	15.56%
Profit Margin	19.32%	18.97%	29.18%	29.82%	38.65%	25.18%
Free Cash Flow Margin	13.42%	14.68%	21.78%	27.51%	18.19%	8.01%
EBITDA	10,833	10,193	13,071	18,280	10,041	6,866
EBITDA Margin	25.60%	25.03%	33.78%	39.42%	30.64%	23.74%
D&A For EBITDA	2,806	2,773	2,715	2,621	2,612	2,365
EBIT	8,027	7,420	10,356	15,659	7,429	4,501
EBIT Margin	18.97%	18.22%	26.76%	33.77%	22.67%	15.56%
Effective Tax Rate	19.60%	19.10%	18.02%	19.23%	13.20%	7.44%

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