Matrix IT Ltd.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $552.5M | $535.1M | $566.8M | $4.4M | $284.4M | $258.1M | $201.6M | $176.0M |
| Cost of Revenue | $394.7M | $382.1M | $411.4M | $347.3M | $195.6M | $175.2M | $133.4M | $113.2M |
| Gross Profit | $157.8M | $153.0M | $155.4M | $133.0M | $88.8M | $83.0M | $68.3M | $62.8M |
| Gross Margin | 28.6% | 28.6% | 27.4% | 3,055.9% | 31.2% | 32.1% | 33.9% | 35.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $9.0M | $5.7M | $6.9M | $5.8M | $4.9M |
| SG&A Expense | — | — | — | $32.1M | $24.3M | $22.8M | $17.6M | $13.4M |
| Operating Income | $545.9M | $530.4M | $562.4M | $51.2M | $31.7M | $26.0M | $21.1M | $21.4M |
| Operating Margin | 98.8% | 99.1% | 99.2% | 1,177.3% | 11.1% | 10.1% | 10.5% | 12.2% |
| Interest Expense | $491.3M | $477.9M | $505.0M | $428.2M | — | — | — | — |
| Pretax Income | $54.6M | $52.4M | $57.4M | $45.3M | $31.8M | $24.2M | $20.7M | $20.8M |
| Income Tax Expense | $11.3M | $9.9M | $11.1M | $10.4M | $7.1M | $6.3M | $3.9M | $3.7M |
| Net Income | $36.9M | $37.0M | $40.5M | $29.3M | $19.9M | $15.4M | $14.2M | $16.2M |
| Net Margin | 6.7% | 6.9% | 7.1% | 674.0% | 7.0% | 6.0% | 7.0% | 9.2% |
| EPS (Basic) | $0.75 | $0.75 | $0.82 | $0.52 | $0.39 | $0.35 | $0.27 | $0.37 |
| EPS (Diluted) | $0.75 | $0.75 | $0.82 | $0.61 | $0.39 | $0.35 | $0.27 | $0.36 |
| Shares Outstanding (Basic) | 49.1M | 49.1M | 49.1M | 49.1M | 46.7M | 44.4M | 44.3M | 44.2M |
| Shares Outstanding (Diluted) | 49.1M | 49.1M | 49.1M | 49.1M | 46.8M | 44.6M | 44.5M | 44.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |