Sappi Limited (SPPJY)

Sappi Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	5,809	7,296	5,265	4,609	5,746
Revenue Growth (YoY)	-20.38%	38.58%	14.23%	-19.79%	-1.03%
Cost of Revenue	4,902	5,926	4,716	4,210	4,969
Gross Profit	907	1,370	549	399	777
Selling, General & Admin	166	190	165	153	194
Research & Development	44	47	43	39	42
Other Operating Expenses	0	411	241	284	204
Operating Expenses	524	601	406	437	398
Operating Income	380	770	146	-34	383
Interest Income	48	10	8	5	9
Interest Expense	107	108	112	92	89
Other Expense / Income	-10	-1	30	5	5
Pretax Income	331	673	12	-126	298
Income Tax	72	137	-1	9	87
Net Income	259	536	13	-135	211
Net Income Growth	-51.68%	4023.08%	-	-	-34.67%
Shares Outstanding (Basic)	564	563	550	546	542
Shares Outstanding (Diluted)	605	601	553	546	546
Shares Change	0.58%	8.80%	1.28%	-0.15%	-0.67%
EPS (Basic)	0.46	0.95	0.02	-0.25	0.39
EPS (Diluted)	0.43	0.89	0.02	-0.25	0.39
EPS Growth	-51.69%	3687.23%	-	-	-33.90%
Free Cash Flow	197	514	33	-91	2
Free Cash Flow Per Share	0.33	0.86	0.06	-0.17	0.00
Gross Margin	15.61%	18.78%	10.43%	8.66%	13.52%
Operating Margin	6.54%	10.55%	2.77%	-0.74%	6.67%
Profit Margin	4.46%	7.35%	0.25%	-2.93%	3.67%
Free Cash Flow Margin	3.39%	7.04%	0.63%	-1.97%	0.03%
Effective Tax Rate	21.75%	20.36%	-8.33%	-	29.19%
EBITDA	737	1,082	484	287	681
EBITDA Margin	12.69%	14.83%	9.19%	6.23%	11.85%
Depreciation & Amortization	299	301	329	321	285
EBIT	438	781	155	-34	396
EBIT Margin	7.54%	10.70%	2.94%	-0.74%	6.89%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.