NBM Income Statement - TTM - National Bank of Malawi plc

Income Statement (TTM)

National Bank of Malawi plc Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31
Revenue	71,248	76,194	83,292	90,390	100,850	111,311	120,470	129,630	134,824	140,017	157,141	174,172	191,232	208,384	226,658	244,803	272,952	301,231
Change (%)		6.94	9.32	8.52	11.57	10.37	8.23	7.60	4.01	3.85	12.23	10.84	9.79	8.97	8.77	8.01	11.50	10.36
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales
Change (%)
% of Revenue

Gross Operating Profit	71,248	76,194	83,292	90,390	100,850	111,311	120,470	129,630	134,824	140,017	157,141	174,172	191,232	208,384	226,658	244,803	272,952	301,231
Change (%)		6.94	9.32	8.52	11.57	10.37	8.23	7.60	4.01	3.85	12.23	10.84	9.79	8.97	8.77	8.01	11.50	10.36
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

SG&A	20,284	20,711	20,711	20,711	25,368	30,026	30,026	30,026	34,294	38,561			43,300	48,038			54,834	61,630
Change (%)		2.11	0.00	0.00	22.49	18.36	0.00	0.00	14.21	12.44				10.94				12.39
% of Revenue	28.47	27.18	24.87	22.91	25.15	26.97	24.92	23.16	25.44	27.54			22.64	23.05			20.09	20.46

R&D
Change (%)
% of Revenue

OpEx	42,032	43,295	47,360	51,424	56,224	61,023	63,520	66,017	68,380	70,743	75,438	80,130	84,252	88,378	100,114	111,844	123,132	134,428
Change (%)		3.01	9.39	8.58	9.33	8.54	4.09	3.93	3.58	3.46	6.64	6.22	5.14	4.90	13.28	11.72	10.09	9.17
% of Revenue	58.99	56.82	56.86	56.89	55.75	54.82	52.73	50.93	50.72	50.52	48.01	46.01	44.06	42.41	44.17	45.69	45.11	44.63

Operating Income	29,216	32,899	35,932	38,966	44,627	50,288	56,950	63,613	66,444	69,274	81,702	94,042	106,980	120,006	126,544	132,959	149,820	166,803
Change (%)		12.60	9.22	8.44	14.53	12.69	13.25	11.70	4.45	4.26	17.94	15.10	13.76	12.18	5.45	5.07	12.68	11.34
% of Revenue	41.01	43.18	43.14	43.11	44.25	45.18	47.27	49.07	49.28	49.48	51.99	53.99	55.94	57.59	55.83	54.31	54.89	55.37

Interest Expense
Change (%)
% of Revenue

Net Income	19,731	22,406	24,616	26,825	30,876	34,928	39,334	43,739	45,606	47,474	54,046	60,618	66,432	72,245	76,040	79,835	91,059	102,283
Change (%)		13.56	9.86	8.98	15.10	13.12	12.61	11.20	4.27	4.09	13.84	12.16	9.59	8.75	5.25	4.99	14.06	12.33
% of Revenue	27.69	29.41	29.55	29.68	30.62	31.38	32.65	33.74	33.83	33.91	34.39	34.80	34.74	34.67	33.55	32.61	33.36	33.96

Source: Capital IQ

National Bank of Malawi plc - Income Statement (TTM)

Income Statement (TTM)