East African Breweries PLC (UGSE: EABL)

East African Breweries Income Statement

Financials in millions KES. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	124,131	124,131	109,649	109,409	85,962	74,916
Revenue Growth (YoY)	13.21%	13.21%	0.22%	27.28%	14.74%	-9.24%
Cost of Revenue	70,326	70,326	62,249	56,553	48,548	42,220
Gross Profit	53,805	53,805	47,400	52,856	37,414	32,696
Selling, General & Admin	23,784	23,784	21,153	20,575	16,682	15,156
Other Operating Expenses	1,156	1,156	128.81	1,836	4,026	2,795
Operating Expenses	24,940	24,940	21,282	22,411	20,708	17,951
Operating Income	28,865	28,865	26,118	30,445	16,705	14,745
Interest Expense	-7,963	-7,963	-5,482	-4,337	-4,040	-3,922
Interest & Investment Income	68.5	68.5	75.17	184.53	91.24	164.87
Currency Exchange Gain (Loss)	-3,873	-3,873	-2,101	265.95	-1,218	-195.14
Other Non Operating Income (Expenses)	-280.13	-280.13	-78	-83.94	-0.29	-69.11
EBT Excluding Unusual Items	16,817	16,817	18,532	26,475	11,538	10,724
Gain (Loss) on Sale of Investments	52.58	52.58	387.77	-2,139	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-68.39
Asset Writedown	-98.76	-98.76	-210.56	-319.89	-680.08	-
Pretax Income	16,771	16,771	18,709	24,016	10,858	10,655
Income Tax Expense	5,901	5,901	6,386	8,442	3,896	3,634
Earnings From Continuing Operations	10,870	10,870	12,323	15,574	6,962	7,021
Net Income to Company	10,870	10,870	12,323	15,574	6,962	7,021
Minority Interest in Earnings	-2,725	-2,725	-2,466	-3,717	-2,608	-2,934
Net Income	8,146	8,146	9,857	11,857	4,354	4,086
Net Income to Common	8,146	8,146	9,857	11,857	4,354	4,086
Net Income Growth	-17.36%	-17.36%	-16.87%	172.32%	6.55%	-53.97%
Shares Outstanding (Basic)	791	791	791	791	791	791
Shares Outstanding (Diluted)	791	791	791	791	791	791
EPS (Basic)	10.30	10.30	12.47	14.99	5.51	5.17
EPS (Diluted)	10.30	10.30	12.47	14.99	5.51	5.17
EPS Growth	-17.36%	-17.36%	-16.87%	172.32%	6.55%	-53.97%
Free Cash Flow	14,863	14,863	-1,871	12,898	6,867	-4,606
Free Cash Flow Per Share	18.79	18.79	-2.37	16.31	8.68	-5.82
Dividend Per Share	7.000	7.000	5.500	11.000	-	3.000
Dividend Growth	27.27%	27.27%	-50.00%	-	-	-64.71%
Gross Margin	43.35%	43.35%	43.23%	48.31%	43.52%	43.64%
Operating Margin	23.25%	23.25%	23.82%	27.83%	19.43%	19.68%
Profit Margin	6.56%	6.56%	8.99%	10.84%	5.07%	5.45%
Free Cash Flow Margin	11.97%	11.97%	-1.71%	11.79%	7.99%	-6.15%
EBITDA	36,018	36,018	32,244	35,610	21,346	19,010
EBITDA Margin	29.02%	29.02%	29.41%	32.55%	24.83%	25.37%
D&A For EBITDA	7,154	7,154	6,126	5,165	4,641	4,265
EBIT	28,865	28,865	26,118	30,445	16,705	14,745
EBIT Margin	23.25%	23.25%	23.82%	27.83%	19.43%	19.68%
Effective Tax Rate	35.18%	35.18%	34.13%	35.15%	35.88%	34.11%

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