The Duckhorn Portfolio, Inc. (NAPA)

The Duckhorn Portfolio Income Statement

Financials in millions USD. Fiscal year is August - July.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2024	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Revenue	405.48	405.48	403	372.51	336.61	270.65
Revenue Growth (YoY)	0.62%	0.62%	8.18%	10.66%	24.37%	12.21%
Cost of Revenue	185.27	185.27	186.96	187.33	169.27	133.77
Gross Profit	220.22	220.22	216.04	185.18	167.35	136.88
Selling, General & Admin	120.08	120.08	109.71	97.87	89.82	65.91
Operating Expenses	120.08	120.08	109.71	97.87	89.82	65.91
Operating Income	100.13	100.13	106.33	87.31	77.53	70.97
Interest Expense	-18.76	-18.76	-12.05	-4.85	-7.66	-20.52
Currency Exchange Gain (Loss)	-0.06	-0.06	0.29	-0.23	-0.11	0.26
Other Non Operating Income (Expenses)	0.8	0.8	1.11	0.52	0.66	-0.12
EBT Excluding Unusual Items	82.11	82.11	95.68	82.75	70.42	50.59
Merger & Restructuring Charges	-3.38	-3.38	-0.35	-	-	-
Asset Writedown	-1.91	-1.91	-	-	-	-11.83
Other Unusual Items	-	-	-0.87	-	-2.84	-
Pretax Income	76.82	76.82	94.47	82.75	76.98	42.81
Income Tax Expense	20.8	20.8	25.18	22.52	21.01	10.43
Earnings From Continuing Operations	56.02	56.02	69.29	60.23	55.97	32.38
Minority Interest in Earnings	-0.01	-0.01	0.01	-0.04	0.01	-0
Net Income	56.01	56.01	69.3	60.19	55.98	32.38
Net Income to Common	56.01	56.01	69.3	60.19	55.98	32.38
Net Income Growth	-19.17%	-19.17%	15.13%	7.53%	72.89%	46.52%
Shares Outstanding (Basic)	123	123	115	115	107	102
Shares Outstanding (Diluted)	124	124	115	115	107	102
Shares Change (YoY)	7.05%	7.05%	0.04%	7.88%	5.13%	-
EPS (Basic)	0.45	0.45	0.60	0.52	0.52	0.32
EPS (Diluted)	0.45	0.45	0.60	0.52	0.52	0.32
EPS Growth	-25.00%	-25.00%	15.38%	0%	63.36%	46.52%
Free Cash Flow	-23.81	-23.81	-2.75	24.19	50.58	41.56
Free Cash Flow Per Share	-0.19	-0.19	-0.02	0.21	0.47	0.41
Gross Margin	54.31%	54.31%	53.61%	49.71%	49.72%	50.58%
Operating Margin	24.69%	24.69%	26.38%	23.44%	23.03%	26.22%
Profit Margin	13.81%	13.81%	17.20%	16.16%	16.63%	11.96%
Free Cash Flow Margin	-5.87%	-5.87%	-0.68%	6.49%	15.03%	15.35%
EBITDA	137.3	137.3	134.1	110.74	98.88	93.73
EBITDA Margin	33.86%	33.86%	33.27%	29.73%	29.37%	34.63%
D&A For EBITDA	37.17	37.17	27.77	23.43	21.34	22.76
EBIT	100.13	100.13	106.33	87.31	77.53	70.97
EBIT Margin	24.69%	24.69%	26.38%	23.44%	23.03%	26.22%
Effective Tax Rate	27.08%	27.08%	26.66%	27.22%	27.29%	24.37%
Revenue as Reported	405.48	405.48	403	372.51	-	-

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