Natural Grocers by Vitamin Cottage, Inc. (NGVC)

NGVC Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	1,270	1,242	1,141	1,090	1,056	1,037
Revenue Growth (YoY)	9.31%	8.86%	4.67%	3.23%	1.80%	14.75%
Cost of Revenue	844.59	826.16	763.3	735.91	715.07	705.7
Gross Profit	425.47	415.43	377.27	353.71	340.45	331.14
Selling, General & Admin	372.65	364.95	342.57	319.82	310.34	301.4
Operating Expenses	373.75	366.25	344.3	320.66	311.02	302.79
Operating Income	51.72	49.18	32.97	33.06	29.43	28.35
Interest Expense	-4.21	-4.18	-3.3	-2.37	-2.27	-2.05
EBT Excluding Unusual Items	47.52	45	29.67	30.68	27.16	26.3
Asset Writedown	-2.2	-2.2	-1.3	-2.9	-1.1	-0.6
Pretax Income	45.32	42.8	28.37	27.78	26.06	25.7
Income Tax Expense	9.2	8.87	5.13	6.42	5.48	5.69
Net Income	36.12	33.94	23.24	21.37	20.58	20.01
Net Income to Common	36.12	33.94	23.24	21.37	20.58	20.01
Net Income Growth	35.83%	46.00%	8.79%	3.81%	2.86%	112.50%
Shares Outstanding (Basic)	23	23	23	23	23	23
Shares Outstanding (Diluted)	23	23	23	23	23	23
Shares Change (YoY)	1.10%	1.09%	0.08%	0.46%	0.59%	0.10%
EPS (Basic)	1.58	1.49	1.02	0.94	0.91	0.89
EPS (Diluted)	1.56	1.47	1.02	0.94	0.91	0.89
EPS Growth	33.38%	44.12%	8.51%	3.30%	2.34%	111.77%
Free Cash Flow	24.39	36.22	28.04	11.66	27.53	39.75
Free Cash Flow Per Share	1.05	1.57	1.23	0.51	1.21	1.76
Dividend Per Share	0.420	0.400	0.400	0.400	0.280	0.280
Dividend Growth	5.00%	-	-	42.86%	-	-
Gross Margin	33.50%	33.46%	33.08%	32.46%	32.25%	31.94%
Operating Margin	4.07%	3.96%	2.89%	3.03%	2.79%	2.73%
Profit Margin	2.84%	2.73%	2.04%	1.96%	1.95%	1.93%
Free Cash Flow Margin	1.92%	2.92%	2.46%	1.07%	2.61%	3.83%
EBITDA	84.85	81.81	63.38	61.66	59.86	60.34
EBITDA Margin	6.68%	6.59%	5.56%	5.66%	5.67%	5.82%
D&A For EBITDA	33.13	32.63	30.41	28.61	30.43	31.99
EBIT	51.72	49.18	32.97	33.06	29.43	28.35
EBIT Margin	4.07%	3.96%	2.89%	3.03%	2.79%	2.73%
Effective Tax Rate	20.30%	20.71%	18.07%	23.10%	21.01%	22.15%

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q