NNETNQ Income Statement - TTM - FirstRand Bank Limited - Debt/Equity Composite Units

Income Statement (TTM)

FirstRand Bank Limited - Debt/Equity Composite Units 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	60,902	59,532	66,053	72,574	75,628	78,683	80,168	81,653	89,083	96,513	92,125	87,737	88,526	89,316	90,970	92,624	88,792	84,959
Change (%)		-2.25	10.95	9.87	4.21	4.04	1.89	1.85	9.10	8.34	-4.55	-4.76	0.90	0.89	1.85	1.82	-4.14	-4.32
% 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	1,158	1,158	1,149	1,140	1,140	1,140	1,183	1,226	1,604	1,981	1,669	1,357	1,396	1,436	1,480	1,523	1,106	689
Change (%)		0.00	-0.78	-0.78	0.00	0.00	3.77	3.63	30.79	23.54	-15.75	-18.69	2.91	2.83	3.03	2.94	-27.38	-37.70
% of Revenue	1.90	1.95	1.74	1.57	1.51	1.45	1.48	1.50	1.80	2.05	1.81	1.55	1.58	1.61	1.63	1.64	1.25	0.81

Gross Operating Profit	59,744	58,374	64,904	71,434	74,488	77,543	78,985	80,427	87,480	94,532	90,456	86,380	87,130	87,880	89,490	91,101	87,686	84,270
Change (%)		-2.29	11.19	10.06	4.28	4.10	1.86	1.83	8.77	8.06	-4.31	-4.51	0.87	0.86	1.83	1.80	-3.75	-3.90
% of Revenue	98.10	98.05	98.26	98.43	98.49	98.55	98.52	98.50	98.20	97.95	98.19	98.45	98.42	98.39	98.37	98.36	98.75	99.19

SG&A	2,486	2,486	2,518	2,550	2,550	2,550	2,832	3,113	4,340	5,567	4,823	4,079	4,098	4,117	4,258	4,398	3,152	1,906
Change (%)		0.00	1.29	1.27	0.00	0.00	11.04	9.94	39.42	28.27	-13.36	-15.43	0.47	0.46	3.41	3.30	-28.33	-39.53
% of Revenue	4.08	4.18	3.81	3.51	3.37	3.24	3.53	3.81	4.87	5.77	5.24	4.65	4.63	4.61	4.68	4.75	3.55	2.24

R&D
Change (%)
% of Revenue

OpEx	44,690	44,658	45,304	45,950	46,338	46,725	47,278	47,832	50,646	53,460	53,632	53,804	53,645	53,328	56,076	58,981	58,744	58,506
Change (%)		-0.07	1.45	1.43	0.84	0.84	1.18	1.17	5.88	5.56	0.32	0.32	-0.30	-0.59	5.15	5.18	-0.40	-0.40
% of Revenue	73.38	75.02	68.59	63.31	61.27	59.38	58.97	58.58	56.85	55.39	58.22	61.32	60.60	59.71	61.64	63.68	66.16	68.86

Operating Income	16,212	14,874	20,749	26,624	29,291	31,958	32,890	33,821	38,437	43,053	38,493	33,933	34,882	35,988	34,894	33,643	30,048	26,453
Change (%)		-8.25	39.50	28.31	10.02	9.11	2.91	2.83	13.65	12.01	-10.59	-11.85	2.80	3.17	-3.04	-3.59	-10.69	-11.96
% of Revenue	26.62	24.98	31.41	36.69	38.73	40.62	41.03	41.42	43.15	44.61	41.78	38.68	39.40	40.29	38.36	36.32	33.84	31.14

Interest Expense
Change (%)
% of Revenue

Net Income	13,192	12,016	15,918	19,820	21,846	23,873	24,675	25,477	28,910	32,344	29,098	25,851	26,758	27,664	26,992	26,321	23,865	21,409
Change (%)		-8.91	32.47	24.51	10.22	9.28	3.36	3.25	13.48	11.88	-10.04	-11.16	3.51	3.39	-2.43	-2.49	-9.33	-10.29
% of Revenue	21.66	20.18	24.10	27.31	28.89	30.34	30.78	31.20	32.45	33.51	31.58	29.46	30.23	30.97	29.67	28.42	26.88	25.20

Source: Capital IQ

FirstRand Bank Limited - Debt/Equity Composite Units - Income Statement (TTM)

Income Statement (TTM)