Uganda Clays Income Statement

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

Millions UGX. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	34,810	31,602	30,450	36,616	36,686
Revenue Growth (YoY)	10.15%	3.78%	-16.84%	-0.19%	23.68%
Cost of Revenue	19,924	23,438	21,891	22,039	19,745
Gross Profit	14,885	8,163	8,559	14,577	16,941
Selling, General & Admin	10,561	11,204	11,691	12,714	10,060
Other Operating Expenses	-87.7	-44.16	-264	-901.33	-880.89
Operating Expenses	10,316	10,548	11,907	11,776	9,350
Operating Income	4,569	-2,384	-3,348	2,801	7,590
Interest Expense	-3,546	-2,857	-1,721	-5.6	-
Interest & Investment Income	-	253.85	587.43	797.78	-
Currency Exchange Gain (Loss)	-	0.08	104.51	-	-
Other Non Operating Income (Expenses)	-5.52	-6.75	-2.92	-	-
EBT Excluding Unusual Items	1,018	-4,994	-4,380	3,593	7,590
Gain (Loss) on Sale of Investments	-25.11	-16.75	-8.36	-	-
Gain (Loss) on Sale of Assets	-	-	47.14	0.96	-
Asset Writedown	-326.81	-962.54	-	-684.05	-121.3
Pretax Income	665.72	-5,973	-4,341	2,910	7,469
Income Tax Expense	523.97	-1,023	-1,490	467.86	1,549
Net Income	141.75	-4,950	-2,851	2,442	5,921
Net Income to Common	141.75	-4,950	-2,851	2,442	5,921
Net Income Growth	-	-	-	-58.76%	21.47%
Shares Outstanding (Basic)	900	900	900	900	900
Shares Outstanding (Diluted)	900	900	900	900	900
EPS (Basic)	0.16	-5.50	-3.17	2.71	6.58
EPS (Diluted)	0.16	-5.50	-3.17	2.71	6.58
EPS Growth	-	-	-	-58.76%	21.47%
Free Cash Flow	-4,449	-639.06	-6,369	-6,526	4,044
Free Cash Flow Per Share	-4.94	-0.71	-7.08	-7.25	4.49
Dividend Per Share	-	-	-	0.500	1.500
Dividend Growth	-	-	-	-66.67%	11.11%
Gross Margin	42.76%	25.83%	28.11%	39.81%	46.18%
Operating Margin	13.13%	-7.54%	-10.99%	7.65%	20.69%
Profit Margin	0.41%	-15.66%	-9.36%	6.67%	16.14%
Free Cash Flow Margin	-12.78%	-2.02%	-20.91%	-17.82%	11.02%
EBITDA	8,073	1,831	1,502	6,915	11,175
EBITDA Margin	23.19%	5.79%	4.93%	18.88%	30.46%
D&A For EBITDA	3,504	4,216	4,850	4,114	3,585
EBIT	4,569	-2,384	-3,348	2,801	7,590
EBIT Margin	13.13%	-7.54%	-10.99%	7.65%	20.69%
Effective Tax Rate	78.71%	-	-	16.08%	20.73%
Advertising Expenses	113.54	99.11	85.57	358.9	148.21

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