Mauritius Oil Refineries Limited (MUSE:MOR.N0000)

Mauritius Oil Refineries Income Statement

Financials in millions MUR. Fiscal year is July - June.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	1,627	2,192	2,008	1,164	994.69
Revenue Growth (YoY)	-25.77%	9.21%	72.49%	17.00%	-1.36%
Cost of Revenue	1,367	1,935	1,758	962.56	820.22
Gross Profit	260.56	257.61	249.12	201.25	174.47
Selling, General & Admin	156.75	166.48	147.5	132.76	141.72
Other Operating Expenses	-0.41	-1.24	-0.78	-1.04	-3.15
Operating Expenses	156.33	165.25	146.73	131.73	138.57
Operating Income	104.23	92.37	102.4	69.53	35.9
Interest Expense	-29.27	-28.02	-17.25	-13.08	-12.7
Earnings From Equity Investments	7.9	3.92	2.59	2	1.81
Currency Exchange Gain (Loss)	4.83	16.94	-5.73	-5.96	-1.61
Other Non Operating Income (Expenses)	5	4.68	4.6	4.54	3.92
EBT Excluding Unusual Items	92.69	89.9	86.6	57.03	27.32
Asset Writedown	0.49	0.6	1.59	-	-
Pretax Income	93.17	90.5	88.19	57.03	27.32
Income Tax Expense	8.86	6.07	10.2	9.43	4.93
Earnings From Continuing Operations	84.31	84.43	77.99	47.59	22.39
Minority Interest in Earnings	-3.63	-3.15	-1.57	-3.05	-1.2
Net Income	80.68	81.28	76.42	44.54	21.19
Net Income to Common	80.68	81.28	76.42	44.54	21.19
Net Income Growth	-0.73%	6.35%	71.58%	110.19%	-26.80%
Shares Outstanding (Basic)	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33
Shares Change (YoY)	0.09%	0.09%	-	-	-
EPS (Basic)	2.42	2.44	2.30	1.34	0.64
EPS (Diluted)	2.42	2.44	2.30	1.34	0.64
EPS Growth	-0.82%	6.25%	71.58%	110.19%	-26.80%
Free Cash Flow	117.26	-110.63	-76.58	77.51	-106.71
Free Cash Flow Per Share	3.52	-3.32	-2.30	2.33	-3.21
Dividend Per Share	1.300	0.500	1.300	-	0.800
Dividend Growth	160.00%	-61.54%	-	-	-30.44%
Gross Margin	16.01%	11.75%	12.41%	17.29%	17.54%
Operating Margin	6.40%	4.21%	5.10%	5.97%	3.61%
Profit Margin	4.96%	3.71%	3.81%	3.83%	2.13%
Free Cash Flow Margin	7.21%	-5.05%	-3.82%	6.66%	-10.73%
EBITDA	127.72	111.06	119.55	85.08	53.39
EBITDA Margin	7.85%	5.07%	5.96%	7.31%	5.37%
D&A For EBITDA	23.49	18.69	17.15	15.55	17.48
EBIT	104.23	92.37	102.4	69.53	35.9
EBIT Margin	6.40%	4.21%	5.10%	5.97%	3.61%
Effective Tax Rate	9.51%	6.71%	11.57%	16.54%	18.03%
Advertising Expenses	6.59	13.53	6.92	9.07	8.68

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.