
Sanford Ltd
NZX:SAN

Income Statement
Earnings Waterfall
Sanford Ltd
Revenue
|
582.9m
NZD
|
Cost of Revenue
|
-456.7m
NZD
|
Gross Profit
|
126.2m
NZD
|
Operating Expenses
|
-72.1m
NZD
|
Operating Income
|
54.1m
NZD
|
Other Expenses
|
-34.4m
NZD
|
Net Income
|
19.7m
NZD
|
Income Statement
Sanford Ltd
Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | Mar-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
507
N/A
|
545
+7%
|
526
-4%
|
469
-11%
|
457
-3%
|
490
+7%
|
527
+8%
|
532
+1%
|
539
+1%
|
553
+3%
|
552
0%
|
583
+6%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(400)
|
(438)
|
(425)
|
(386)
|
(389)
|
(421)
|
(441)
|
(435)
|
(433)
|
(445)
|
(431)
|
(457)
|
|
Gross Profit |
107
N/A
|
107
+0%
|
101
-6%
|
82
-18%
|
68
-17%
|
69
+1%
|
86
+25%
|
97
+13%
|
105
+9%
|
109
+3%
|
120
+11%
|
126
+5%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(47)
|
(41)
|
(42)
|
(43)
|
(37)
|
(40)
|
(67)
|
(26)
|
(27)
|
(78)
|
(76)
|
(72)
|
|
Selling, General & Administrative |
(45)
|
(41)
|
(41)
|
(40)
|
(38)
|
(39)
|
(47)
|
(49)
|
(49)
|
(53)
|
(54)
|
(47)
|
|
Other Operating Expenses |
(2)
|
(0)
|
(1)
|
(3)
|
1
|
(1)
|
(20)
|
23
|
23
|
(25)
|
(22)
|
(25)
|
|
Operating Income |
61
N/A
|
67
+10%
|
59
-11%
|
40
-33%
|
31
-21%
|
29
-7%
|
19
-34%
|
71
+273%
|
79
+11%
|
31
-61%
|
45
+45%
|
54
+21%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(13)
|
(17)
|
(17)
|
|
Pre-Tax Income |
53
N/A
|
59
+11%
|
52
-13%
|
31
-40%
|
22
-28%
|
20
-9%
|
11
-47%
|
62
+493%
|
69
+10%
|
17
-75%
|
28
+60%
|
37
+34%
|
|
Net Income | |||||||||||||
Tax Provision |
(16)
|
(18)
|
(14)
|
(8)
|
(5)
|
(4)
|
(4)
|
(7)
|
(8)
|
(7)
|
(13)
|
(18)
|
|
Income from Continuing Operations |
38
|
42
|
38
|
22
|
17
|
16
|
6
|
56
|
61
|
10
|
15
|
20
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
38
N/A
|
42
+10%
|
38
-9%
|
22
-41%
|
17
-23%
|
16
-5%
|
6
-62%
|
56
+802%
|
61
+9%
|
10
-84%
|
15
+51%
|
20
+30%
|
|
EPS (Diluted) |
0.4
N/A
|
0.45
+13%
|
0.4
-11%
|
0.24
-40%
|
0.18
-25%
|
0.17
-6%
|
0.07
-59%
|
0.6
+757%
|
0.66
+10%
|
0.11
-83%
|
0.16
+45%
|
0.21
+31%
|