Cortina Holdings Limited (SGX: C41)

Cortina Holdings Income Statement

Financials in millions SGD. 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	834.17	810.99	826.56	716.87	436.72	513.81
Revenue Growth (YoY)	2.75%	-1.88%	15.30%	64.15%	-15.01%	11.50%
Cost of Revenue	559.7	540.83	554.51	483.43	310.39	374.9
Gross Profit	274.47	270.16	272.04	233.44	126.32	138.92
Selling, General & Admin	98.77	95.01	93.25	84.21	38.58	43.6
Other Operating Expenses	27.96	27.69	26.07	19.24	12.36	12.3
Operating Expenses	180.87	173.21	161.24	143.4	78.66	84.89
Operating Income	93.61	96.95	110.81	90.04	47.67	54.03
Interest Expense	-5.45	-4.66	-4.04	-3.5	-1.71	-2.2
Interest & Investment Income	0.76	0.76	1.12	0.21	0.42	0.92
Earnings From Equity Investments	0.28	0.22	0.07	0.07	-0.05	0.06
Currency Exchange Gain (Loss)	-2.13	-2.13	-1.18	0.95	0.35	0.13
Other Non Operating Income (Expenses)	-	-	-	-	0.04	-
EBT Excluding Unusual Items	87.07	91.15	106.78	87.77	46.7	52.94
Gain (Loss) on Sale of Assets	0.44	0.44	0.81	0.09	-0.75	0.24
Asset Writedown	-0.3	-0.3	-1.14	-0.56	-	-0.05
Other Unusual Items	-	-	-	5.34	8.57	-
Pretax Income	87.21	91.29	106.45	92.63	54.52	53.13
Income Tax Expense	22.81	23.96	22.95	18.82	11.53	11.45
Earnings From Continuing Operations	64.41	67.32	83.5	73.82	43	41.68
Minority Interest in Earnings	-6.44	-6.27	-6.98	-5.05	-3.27	-2.38
Net Income	57.97	61.05	76.53	68.76	39.73	39.3
Net Income to Common	57.97	61.05	76.53	68.76	39.73	39.3
Net Income Growth	-16.62%	-20.22%	11.29%	73.07%	1.11%	35.67%
Shares Outstanding (Basic)	-	166	166	166	166	166
Shares Outstanding (Diluted)	-	166	166	166	166	166
EPS (Basic)	-	0.37	0.46	0.42	0.24	0.24
EPS (Diluted)	-	0.37	0.46	0.42	0.24	0.24
EPS Growth	-	-20.22%	11.29%	73.07%	1.11%	35.67%
Free Cash Flow	14.57	13.3	82.94	142.73	90.33	84.21
Free Cash Flow Per Share	-	0.08	0.50	0.86	0.55	0.51
Dividend Per Share	0.020	0.020	0.020	0.020	0.020	0.060
Dividend Growth	0%	0%	0%	0%	-66.67%	200.00%
Gross Margin	32.90%	33.31%	32.91%	32.56%	28.93%	27.04%
Operating Margin	11.22%	11.95%	13.41%	12.56%	10.91%	10.51%
Profit Margin	6.95%	7.53%	9.26%	9.59%	9.10%	7.65%
Free Cash Flow Margin	1.75%	1.64%	10.03%	19.91%	20.68%	16.39%
EBITDA	107.93	110.38	119.98	97.19	52.4	59.43
EBITDA Margin	12.94%	13.61%	14.52%	13.56%	12.00%	11.57%
D&A For EBITDA	14.32	13.43	9.17	7.15	4.74	5.4
EBIT	93.61	96.95	110.81	90.04	47.67	54.03
EBIT Margin	11.22%	11.95%	13.41%	12.56%	10.91%	10.51%
Effective Tax Rate	26.15%	26.25%	21.56%	20.31%	21.14%	21.55%
Advertising Expenses	-	18.25	17.7	16.53	2.92	5.27

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