GraceKennedy Income Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	167,466	160,360	149,012	136,855	124,691	111,064	Upgrade
Other Revenue	7,074	6,683	5,989	4,750	4,619	4,373	Upgrade
Revenue	174,539	167,043	155,001	141,606	129,310	115,437	Upgrade
Revenue Growth (YoY)	6.70%	7.77%	9.46%	9.51%	12.02%	11.98%	Upgrade
Cost of Revenue	108,309	99,948	93,999	87,461	69,955	62,289	Upgrade
Gross Profit	66,230	67,095	61,002	54,145	59,355	53,148	Upgrade
Selling, General & Admin	49,181	49,181	44,582	40,257	37,359	33,524	Upgrade
Amortization of Goodwill & Intangibles	1,008	1,008	955.44	745.38	670.19	546.86	Upgrade
Other Operating Expenses	1,161	1,110	1,175	638.22	684.12	1,225	Upgrade
Operating Expenses	54,627	54,576	49,740	44,433	41,517	37,934	Upgrade
Operating Income	11,604	12,519	11,262	9,712	17,838	15,215	Upgrade
Interest Expense	-4,085	-4,018	-3,181	-2,402	-9,735	-8,147	Upgrade
Interest & Investment Income	1,961	1,915	1,659	1,173	1,012	821.34	Upgrade
Earnings From Equity Investments	1,111	899.95	774.13	673.19	414.91	543.53	Upgrade
Currency Exchange Gain (Loss)	863.44	863.44	831.39	431.18	1,410	1,427	Upgrade
EBT Excluding Unusual Items	11,453	12,179	11,345	9,587	10,940	9,860	Upgrade
Gain (Loss) on Sale of Investments	61.74	61.74	-86.43	576.13	99.68	-181.98	Upgrade
Gain (Loss) on Sale of Assets	7.5	7.5	13.8	54.13	-6.73	0.12	Upgrade
Asset Writedown	96.14	96.14	95.6	24	50.05	30.65	Upgrade
Other Unusual Items	-	-	-	-	593.54	-	Upgrade
Pretax Income	11,618	12,344	11,368	10,242	11,676	9,709	Upgrade
Income Tax Expense	3,419	3,481	2,989	2,626	2,736	2,852	Upgrade
Earnings From Continuing Operations	8,200	8,864	8,379	7,615	8,940	6,857	Upgrade
Net Income to Company	8,200	8,864	8,379	7,615	8,940	6,857	Upgrade
Minority Interest in Earnings	-298.13	-449.81	-598.07	-567.41	-748.79	-638.87	Upgrade
Net Income	7,901	8,414	7,781	7,048	8,192	6,218	Upgrade
Net Income to Common	7,901	8,414	7,781	7,048	8,192	6,218	Upgrade
Net Income Growth	-6.38%	8.14%	10.40%	-13.96%	31.74%	38.57%	Upgrade
Shares Outstanding (Basic)	987	988	990	991	990	990	Upgrade
Shares Outstanding (Diluted)	998	998	999	1,001	998	993	Upgrade
Shares Change (YoY)	0.01%	-0.06%	-0.19%	0.23%	0.49%	-0.21%	Upgrade
EPS (Basic)	8.01	8.52	7.86	7.11	8.27	6.28	Upgrade
EPS (Diluted)	7.92	8.43	7.79	7.04	8.21	6.26	Upgrade
EPS Growth	-6.38%	8.22%	10.65%	-14.25%	31.15%	38.80%	Upgrade
Free Cash Flow	5,966	15,335	15,162	-1,981	15,346	12,311	Upgrade
Free Cash Flow Per Share	5.98	15.37	15.18	-1.98	15.37	12.39	Upgrade
Dividend Per Share	2.370	2.370	2.170	2.020	1.930	1.600	Upgrade
Dividend Growth	4.41%	9.22%	7.43%	4.66%	20.63%	3.23%	Upgrade
Gross Margin	37.95%	40.17%	39.36%	38.24%	45.90%	46.04%	Upgrade
Operating Margin	6.65%	7.49%	7.27%	6.86%	13.79%	13.18%	Upgrade
Profit Margin	4.53%	5.04%	5.02%	4.98%	6.33%	5.39%	Upgrade
Free Cash Flow Margin	3.42%	9.18%	9.78%	-1.40%	11.87%	10.66%	Upgrade
EBITDA	14,089	14,766	13,348	11,513	19,570	16,845	Upgrade
EBITDA Margin	8.07%	8.84%	8.61%	8.13%	15.13%	14.59%	Upgrade
D&A For EBITDA	2,485	2,247	2,087	1,801	1,732	1,631	Upgrade
EBIT	11,604	12,519	11,262	9,712	17,838	15,215	Upgrade
EBIT Margin	6.65%	7.49%	7.27%	6.86%	13.79%	13.18%	Upgrade
Effective Tax Rate	29.43%	28.20%	26.30%	25.64%	23.43%	29.38%	Upgrade
Revenue as Reported	174,539	167,043	155,001	141,606	129,310	115,437	Upgrade
Advertising Expenses	-	4,776	4,337	3,409	3,381	3,041	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.