Masimba Holdings Income Statement

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

Millions USD. 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	61.5	56.09	53.83	49.82	78.4
Revenue Growth (YoY)	9.64%	4.20%	8.06%	-36.46%	201.34%
Cost of Revenue	49.23	41.55	40.17	38.75	54.69
Gross Profit	12.27	14.54	13.67	11.07	23.71
Selling, General & Admin	-	5.5	4.12	4.22	7.41
Other Operating Expenses	-	-0.36	-0.27	-0.94	-0.28
Operating Expenses	4.89	5.51	4.33	3.25	8.14
Operating Income	7.38	9.03	9.33	7.82	15.57
Interest Expense	-0.42	-0.36	-0.36	-0.25	-1.05
Interest & Investment Income	-	-	-	0	0.05
Currency Exchange Gain (Loss)	-	0.36	0.19	5.84	0.61
Other Non Operating Income (Expenses)	-	-0.97	-1.28	-4.69	-4.86
EBT Excluding Unusual Items	6.96	8.06	7.88	8.73	10.32
Gain (Loss) on Sale of Assets	-	0.35	-0	-0.01	-0
Asset Writedown	1.52	-	0	4.57	4.1
Pretax Income	8.48	8.41	7.88	13.29	14.42
Income Tax Expense	1.93	2.01	0.33	0.89	3.92
Earnings From Continuing Operations	6.55	6.4	7.55	12.4	10.5
Net Income	6.55	6.4	7.55	12.4	10.5
Net Income to Common	6.55	6.4	7.55	12.4	10.5
Net Income Growth	2.39%	-15.29%	-39.11%	18.09%	543.52%
Shares Outstanding (Basic)	239	239	239	242	242
Shares Outstanding (Diluted)	247	245	246	242	242
Shares Change (YoY)	0.79%	-0.25%	1.71%	-	-
EPS (Basic)	0.03	0.03	0.03	0.05	0.04
EPS (Diluted)	0.03	0.03	0.03	0.05	0.04
EPS Growth	1.53%	-14.98%	-40.16%	18.06%	543.56%
Free Cash Flow	0.8	0.42	1.17	-4.04	18.88
Free Cash Flow Per Share	0.00	0.00	0.01	-0.02	0.08
Dividend Per Share	0.006	0.004	-	0.003	0.001
Dividend Growth	74.29%	-	-	143.62%	-0.23%
Gross Margin	19.95%	25.92%	25.39%	22.23%	30.25%
Operating Margin	12.01%	16.10%	17.34%	15.70%	19.86%
Profit Margin	10.65%	11.40%	14.03%	24.89%	13.39%
Free Cash Flow Margin	1.30%	0.75%	2.18%	-8.11%	24.09%
EBITDA	12.27	13.61	13.68	9.63	17.87
EBITDA Margin	19.95%	24.27%	25.40%	19.33%	22.79%
D&A For EBITDA	4.89	4.59	4.34	1.81	2.29
EBIT	7.38	9.03	9.33	7.82	15.57
EBIT Margin	12.01%	16.10%	17.34%	15.70%	19.86%
Effective Tax Rate	22.79%	23.93%	4.13%	6.68%	27.17%
Advertising Expenses	-	0.2	0.16	0.12	0.19

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