African Distillers Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	93.23	59.72	51.79	41.01	26.88
Revenue Growth (YoY)	56.10%	15.30%	26.31%	52.57%	54.22%
Cost of Revenue	66.52	43.5	32.55	26.05	14.21
Gross Profit	26.7	16.22	19.25	14.95	12.66
Selling, General & Admin	5.39	4.05	3.15	2.34	1.27
Other Operating Expenses	9.09	6.61	9.46	7.23	4.47
Operating Expenses	14.48	10.66	12.61	9.57	5.74
Operating Income	12.22	5.56	6.63	5.38	6.92
Interest Expense	-0.76	-0.83	-0.67	-0.61	-0.02
Interest & Investment Income	0.05	0.06	0.01	0	0.01
Currency Exchange Gain (Loss)	-0.86	1.44	1.16	-0.57	-0.88
Other Non Operating Income (Expenses)	-	-	2.64	-0.53	-2.67
EBT Excluding Unusual Items	10.66	6.22	9.77	3.67	3.36
Gain (Loss) on Sale of Assets	-	-	-0.01	0.01	-
Pretax Income	10.66	6.22	9.76	3.69	3.36
Income Tax Expense	2.99	1.1	2.13	2.14	1.12
Net Income	7.67	5.12	7.63	1.55	2.24
Net Income to Common	7.67	5.12	7.63	1.55	2.24
Net Income Growth	49.65%	-32.85%	391.76%	-30.73%	-
Shares Outstanding (Basic)	123	120	119	118	116
Shares Outstanding (Diluted)	124	121	121	123	122
Shares Change (YoY)	2.75%	-0.46%	-1.65%	0.92%	-
EPS (Basic)	0.06	0.04	0.06	0.01	0.02
EPS (Diluted)	0.06	0.04	0.06	0.01	0.02
EPS Growth	45.65%	-32.54%	400.00%	-31.36%	-
Free Cash Flow	3.13	0.74	-2.41	-0.03	3.39
Free Cash Flow Per Share	0.03	0.01	-0.02	-	0.03
Dividend Per Share	0.015	0.010	0.009	0.007	0.005
Dividend Growth	50.00%	11.11%	20.00%	50.00%	-
Gross Margin	28.64%	27.15%	37.16%	36.47%	47.12%
Operating Margin	13.11%	9.30%	12.81%	13.13%	25.76%
Profit Margin	8.22%	8.58%	14.73%	3.78%	8.33%
Free Cash Flow Margin	3.36%	1.24%	-4.66%	-0.06%	12.62%
EBITDA	13.19	6	7	5.69	7.15
EBITDA Margin	14.15%	10.05%	13.52%	13.89%	26.61%
D&A For EBITDA	0.97	0.44	0.37	0.31	0.23
EBIT	12.22	5.56	6.63	5.38	6.92
EBIT Margin	13.11%	9.30%	12.81%	13.13%	25.76%
Effective Tax Rate	28.07%	17.66%	21.82%	57.93%	33.25%

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