Emtel Income Statement

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

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	4,004	3,763	3,422	4,394	3,129
Revenue Growth (YoY)	-14.90%	9.96%	-22.11%	40.43%	-
Cost of Revenue	1,976	1,976	1,817	2,611	1,746
Gross Profit	2,028	1,787	1,605	1,783	1,382
Selling, General & Admin	1,149	1,149	963.12	1,077	791.32
Other Operating Expenses	-112.42	-237.63	-99.7	-7.19	-22.02
Operating Expenses	1,125	916.16	867.87	1,078	769.3
Operating Income	902.25	871.07	736.99	705.07	613.19
Interest Expense	-244.22	-250.7	-210.83	-173.76	-150.11
Interest & Investment Income	2.07	2.07	4.16	2.11	49.35
Currency Exchange Gain (Loss)	-	-	-	-13.29	-1.32
Other Non Operating Income (Expenses)	-	-	-	-1.21	-4.9
EBT Excluding Unusual Items	652.31	622.44	530.32	518.91	506.21
Gain (Loss) on Sale of Assets	897.69	-	-	106.76	4.04
Asset Writedown	-	-	-	-	-0.94
Pretax Income	2,384	622.44	530.32	625.67	509.31
Income Tax Expense	230	235.18	157.47	115.85	128.97
Earnings From Continuing Operations	2,154	387.26	372.85	509.82	380.34
Earnings From Discontinued Operations	-35.35	-111.14	-58.35	-	-
Net Income to Company	2,119	276.12	314.5	509.82	380.34
Minority Interest in Earnings	74.53	74.53	46.9	0.86	-
Net Income	2,193	350.65	361.4	510.68	380.34
Net Income to Common	2,193	350.65	361.4	510.68	380.34
Net Income Growth	728.46%	-2.97%	-29.23%	34.27%	-
Shares Outstanding (Basic)	455	455	457	455	-
Shares Outstanding (Diluted)	455	455	457	455	-
Shares Change (YoY)	-	-0.45%	0.45%	-	-
EPS (Basic)	4.82	0.77	0.79	1.12	-
EPS (Diluted)	4.82	0.77	0.79	1.12	-
EPS Growth	728.46%	-2.53%	-29.55%	-	-
Free Cash Flow	393.39	822.65	-91.61	309.18	305.6
Free Cash Flow Per Share	0.86	1.81	-0.20	0.68	-
Dividend Per Share	-	1.250	1.199	1.168	1.133
Dividend Growth	-	4.25%	2.68%	3.03%	-
Gross Margin	50.65%	47.49%	46.89%	40.58%	44.19%
Operating Margin	22.54%	23.15%	21.54%	16.05%	19.60%
Profit Margin	54.78%	9.32%	10.56%	11.62%	12.16%
Free Cash Flow Margin	9.83%	21.86%	-2.68%	7.04%	9.77%
EBITDA	1,710	1,595	1,383	1,440	1,196
EBITDA Margin	42.72%	42.39%	40.41%	32.78%	38.22%
D&A For EBITDA	808.13	724.01	645.76	735.34	582.71
EBIT	902.25	871.07	736.99	705.07	613.19
EBIT Margin	22.54%	23.15%	21.54%	16.05%	19.60%
Effective Tax Rate	9.65%	37.78%	29.69%	18.52%	25.32%
Advertising Expenses	-	80.49	73.4	66.34	38.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.