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	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	810.99	810.99	826.56	716.87	436.72	513.81
Revenue Growth (YoY)	-1.88%	-1.88%	15.30%	64.15%	-15.01%	11.50%
Cost of Revenue	540.83	540.83	554.51	483.43	310.39	374.9
Gross Profit	270.16	270.16	272.04	233.44	126.32	138.92
Selling, General & Admin	95.01	95.01	93.25	84.21	38.58	43.6
Other Operating Expenses	27.69	27.69	26.07	19.24	12.36	12.3
Operating Expenses	173.21	173.21	161.24	143.4	78.66	84.89
Operating Income	96.95	96.95	110.81	90.04	47.67	54.03
Interest Expense	-4.66	-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	0.22	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	91.15	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	91.29	91.29	106.45	92.63	54.52	53.13
Income Tax Expense	23.96	23.96	22.95	18.82	11.53	11.45
Earnings From Continuing Operations	67.32	67.32	83.5	73.82	43	41.68
Minority Interest in Earnings	-6.27	-6.27	-6.98	-5.05	-3.27	-2.38
Net Income	61.05	61.05	76.53	68.76	39.73	39.3
Net Income to Common	61.05	61.05	76.53	68.76	39.73	39.3
Net Income Growth	-20.22%	-20.22%	11.29%	73.07%	1.11%	35.67%
Shares Outstanding (Basic)	166	166	166	166	166	166
Shares Outstanding (Diluted)	166	166	166	166	166	166
EPS (Basic)	0.37	0.37	0.46	0.42	0.24	0.24
EPS (Diluted)	0.37	0.37	0.46	0.42	0.24	0.24
EPS Growth	-20.22%	-20.22%	11.29%	73.07%	1.11%	35.67%
Free Cash Flow	13.3	13.3	82.94	142.73	90.33	84.21
Free Cash Flow Per Share	0.08	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	33.31%	33.31%	32.91%	32.56%	28.93%	27.04%
Operating Margin	11.95%	11.95%	13.41%	12.56%	10.91%	10.51%
Profit Margin	7.53%	7.53%	9.26%	9.59%	9.10%	7.65%
Free Cash Flow Margin	1.64%	1.64%	10.03%	19.91%	20.68%	16.39%
EBITDA	110.38	110.38	119.98	97.19	52.4	59.43
EBITDA Margin	13.61%	13.61%	14.52%	13.56%	12.00%	11.57%
D&A For EBITDA	13.43	13.43	9.17	7.15	4.74	5.4
EBIT	96.95	96.95	110.81	90.04	47.67	54.03
EBIT Margin	11.95%	11.95%	13.41%	12.56%	10.91%	10.51%
Effective Tax Rate	26.25%	26.25%	21.56%	20.31%	21.14%	21.55%
Advertising Expenses	18.25	18.25	17.7	16.53	2.92	5.27

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