Naspers Limited (NAPRF)

Naspers Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	7,855	7,181	6,431	5,960	6,294	5,934
Revenue Growth (YoY)	18.14%	11.66%	7.90%	-5.31%	6.07%	48.31%
Cost of Revenue	4,490	4,289	3,966	4,085	4,662	4,088
Gross Profit	3,365	2,892	2,465	1,875	1,632	1,846
Selling, General & Admin	3,164	2,773	2,647	2,307	2,454	2,932
Other Operating Expenses	-23	-27	1	641	-34	12
Operating Expenses	3,141	2,746	2,648	2,948	2,420	2,944
Operating Income	224	146	-183	-1,073	-788	-1,098
Interest Expense	-614	-586	-585	-569	-407	-268
Interest & Investment Income	876	930	920	544	103	106
Earnings From Equity Investments	6,391	5,704	2,810	5,176	9,256	7,095
Currency Exchange Gain (Loss)	-293	36	-31	-	122	80
Other Non Operating Income (Expenses)	8	16	107	-56	4	131
EBT Excluding Unusual Items	6,592	6,246	3,038	4,022	8,290	6,046
Merger & Restructuring Charges	-88	-25	-18	-	-43	-56
Impairment of Goodwill	-3	-	-372	-	-246	-70.5
Gain (Loss) on Sale of Investments	7,695	6,363	4,340	5,625	10,767	1,210
Gain (Loss) on Sale of Assets	-656	-2	-5	-	4	118
Asset Writedown	-25	-18	-2	-	-	-12.5
Other Unusual Items	-	-	5	51	-223	-13
Pretax Income	13,515	12,564	6,986	9,698	18,549	7,222
Income Tax Expense	157	181	151	51	64	-46
Earnings From Continuing Operations	13,358	12,383	6,835	9,647	18,485	7,268
Earnings From Discontinued Operations	-33	-128	-270	307	53	-
Net Income to Company	13,325	12,255	6,565	9,954	18,538	7,268
Minority Interest in Earnings	-7,611	-7,013	-3,710	-5,623	-6,315	-1,964
Net Income	5,714	5,242	2,855	4,331	12,223	5,304
Net Income to Common	5,714	5,242	2,855	4,331	12,223	5,304
Net Income Growth	85.16%	83.61%	-34.08%	-64.57%	130.45%	71.26%
Shares Outstanding (Basic)	816	854	932	1,042	1,449	2,134
Shares Outstanding (Diluted)	817	855	933	1,042	1,453	2,140
Shares Change (YoY)	-10.43%	-8.32%	-10.52%	-28.25%	-32.10%	-2.40%
EPS (Basic)	7.00	6.13	3.06	4.16	8.44	2.49
EPS (Diluted)	6.79	5.96	2.95	4.00	8.25	2.41
EPS Growth	108.09%	101.71%	-26.11%	-51.60%	242.76%	74.48%
Free Cash Flow	1,847	1,792	961	-445	-951	-51
Free Cash Flow Per Share	2.26	2.10	1.03	-0.43	-0.66	-0.02
Dividend Per Share	-	-	0.128	0.099	0.090	0.090
Dividend Growth	-	-	29.28%	9.42%	0.56%	37.16%
Gross Margin	42.84%	40.27%	38.33%	31.46%	25.93%	31.11%
Operating Margin	2.85%	2.03%	-2.85%	-18.00%	-12.52%	-18.50%
Profit Margin	72.74%	73.00%	44.39%	72.67%	194.20%	89.38%
Free Cash Flow Margin	23.51%	24.95%	14.94%	-7.47%	-15.11%	-0.86%
EBITDA	382	259	17	-881	-670	-938
EBITDA Margin	4.86%	3.61%	0.26%	-14.78%	-10.64%	-15.81%
D&A For EBITDA	158	113	200	192	118	160
EBIT	224	146	-183	-1,073	-788	-1,098
EBIT Margin	2.85%	2.03%	-2.84%	-18.00%	-12.52%	-18.50%
Effective Tax Rate	1.16%	1.44%	2.16%	0.53%	0.34%	-

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