Thungela Resources Income Statement

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	33,027	30,634	50,753	26,282	3,750
Revenue Growth (YoY)	-15.18%	-39.64%	93.11%	600.85%	-
Cost of Revenue	14,967	11,853	12,570	7,859	1,138
Gross Profit	18,060	18,781	38,183	18,423	2,612
Selling, General & Admin	11,516	10,203	9,058	8,176	1,797
Other Operating Expenses	255	307	308	300	469
Operating Expenses	13,973	12,142	10,668	9,685	2,738
Operating Income	4,087	6,639	27,515	8,738	-126
Interest Expense	-1,097	-1,024	-738	-680	-312
Interest & Investment Income	1,387	1,394	963	503	3
Currency Exchange Gain (Loss)	-200	592	659	391	-1
Other Non Operating Income (Expenses)	626	-185	-3,554	-221	-
EBT Excluding Unusual Items	4,803	7,416	24,845	8,731	-436
Merger & Restructuring Charges	-413	-505	-29	-422	-2
Gain (Loss) on Sale of Assets	-7	-8	-17	8	-
Asset Writedown	-266	-266	-656	-808	-
Other Unusual Items	565	565	-	-	-
Pretax Income	4,682	7,202	24,143	7,509	-438
Income Tax Expense	1,531	2,232	5,938	571	-76
Earnings From Continuing Operations	3,151	4,970	18,205	6,938	-362
Minority Interest in Earnings	219	192	-1,217	-509	32
Net Income	3,370	5,162	16,988	6,429	-330
Net Income to Common	3,370	5,162	16,988	6,429	-330
Net Income Growth	-69.67%	-69.61%	164.24%	-	-
Shares Outstanding (Basic)	136	137	134	105	62
Shares Outstanding (Diluted)	139	140	136	106	62
Shares Change (YoY)	0.95%	2.76%	28.81%	70.05%	-
EPS (Basic)	24.75	37.66	127.08	61.08	-5.31
EPS (Diluted)	24.18	36.92	124.87	60.87	-5.31
EPS Growth	-69.95%	-70.43%	105.14%	-	-
Free Cash Flow	1,634	5,387	17,861	3,804	-444
Free Cash Flow Per Share	11.72	38.53	131.29	36.02	-7.15
Dividend Per Share	12.000	20.000	100.000	18.000	-
Dividend Growth	-76.00%	-80.00%	455.56%	-	-
Gross Margin	54.68%	61.31%	75.23%	70.10%	69.65%
Operating Margin	12.37%	21.67%	54.21%	33.25%	-3.36%
Profit Margin	10.20%	16.85%	33.47%	24.46%	-8.80%
Free Cash Flow Margin	4.95%	17.59%	35.19%	14.47%	-11.84%
EBITDA	6,164	8,181	28,697	9,748	282
EBITDA Margin	18.66%	26.71%	56.54%	37.09%	7.52%
D&A For EBITDA	2,077	1,542	1,182	1,010	408
EBIT	4,087	6,639	27,515	8,738	-126
EBIT Margin	12.37%	21.67%	54.21%	33.25%	-3.36%
Effective Tax Rate	32.70%	30.99%	24.60%	7.60%	-

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