Sibanye Stillwater Limited (SBSW)

Sibanye Stillwater Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	108,320	113,684	138,288	172,194	127,392	72,925
Revenue Growth (YoY)	-15.69%	-17.79%	-19.69%	35.17%	74.69%	43.96%
Cost of Revenue	102,891	99,768	101,624	109,306	83,369	63,314
Gross Profit	5,429	13,916	36,664	62,888	44,023	9,611
Other Operating Expenses	6,667	6,435	3,959	3,618	3,256	2,891
Operating Expenses	44,881	45,223	4,190	9,161	3,802	3,271
Operating Income	-39,452	-31,307	32,474	53,727	40,221	6,340
Interest Expense	-2,954	-2,471	-2,144	-1,804	-2,372	-2,608
Interest & Investment Income	1,400	1,369	1,203	1,202	1,065	560
Earnings From Equity Investments	-1,301	-1,174	1,287	1,989	1,700	721
Currency Exchange Gain (Loss)	110	1,973	616	1,149	-255	325
Other Non Operating Income (Expenses)	1,711	114	-5,149	-8,245	-3,137	-5,962
EBT Excluding Unusual Items	-40,486	-31,496	28,287	48,018	37,222	-624
Merger & Restructuring Charges	-1,841	-989	-515	-247	-575	-1,700
Impairment of Goodwill	-8,435	-8,435	-	-	-	-54
Gain (Loss) on Sale of Investments	-121	-120	-	-4	90	-12
Gain (Loss) on Sale of Assets	66	105	-1	52	99	77
Asset Writedown	-7,576	-86	7	-	2	-
Legal Settlements	302	295	126	-63	432	-76
Other Unusual Items	880	880	-	-199	-1,790	1,089
Pretax Income	-56,399	-39,846	27,904	47,557	35,480	-1,300
Income Tax Expense	-4,045	-2,416	8,924	13,761	4,858	-1,733
Earnings From Continuing Operations	-52,354	-37,430	18,980	33,796	30,622	433
Minority Interest in Earnings	-313	-342	-584	-742	-1,310	-371
Net Income	-52,667	-37,772	18,396	33,054	29,312	62
Net Income to Common	-52,667	-37,772	18,396	33,054	29,312	62
Net Income Growth	-	-	-44.35%	12.77%	47177.42%	-
Shares Outstanding (Basic)	2,831	2,831	2,826	2,899	2,729	2,508
Shares Outstanding (Diluted)	2,831	2,831	2,831	2,927	2,778	2,579
Shares Change (YoY)	-0.00%	-0.01%	-3.30%	5.37%	7.72%	13.92%
EPS (Basic)	-18.61	-13.34	6.51	11.40	10.74	0.02
EPS (Diluted)	-18.61	-13.34	6.50	11.29	10.55	0.02
EPS Growth	-	-	-42.43%	7.01%	43785.19%	-
Free Cash Flow	-14,831	-9,998	9,097	37,692	19,233	1,842
Free Cash Flow Per Share	-5.24	-3.53	3.21	12.88	6.92	0.71
Dividend Per Share	-	0.530	2.600	4.790	3.710	-
Dividend Growth	-	-79.62%	-45.72%	29.11%	-	-
Gross Margin	5.01%	12.24%	26.51%	36.52%	34.56%	13.18%
Operating Margin	-36.42%	-27.54%	23.48%	31.20%	31.57%	8.69%
Profit Margin	-48.62%	-33.23%	13.30%	19.20%	23.01%	0.09%
Free Cash Flow Margin	-13.69%	-8.79%	6.58%	21.89%	15.10%	2.53%
EBITDA	9,016	17,745	40,072	67,671	48,375	14,027
EBITDA Margin	8.32%	15.61%	28.98%	39.30%	37.97%	19.23%
D&A For EBITDA	48,468	49,052	7,598	13,944	8,154	7,687
EBIT	-39,452	-31,307	32,474	53,727	40,221	6,340
EBIT Margin	-36.42%	-27.54%	23.48%	31.20%	31.57%	8.69%
Effective Tax Rate	-	-	31.98%	28.94%	13.69%	-

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