Financials in USD. Standardized financial statements.
A compact view of how The a2 Milk Company Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.90B | $1.67B | $1.59B | $1.44B | $1.21B | $1.73B | $1.30B | $922.68M | $549.53M | $352.78M |
| Revenue Growth? | +13.5% | +5.2% | +10.2% | +19.8% | -30.4% | +33.1% | +41.0% | +67.9% | +55.8% | 0.0% |
| Cost of Revenue? | $1.02B | $906.69M | $851.92M | $780.22M | $695.32M | $762.12M | $587.29M | $458.00M | $285.73M | $201.50M |
| Gross Profit? | $875.15M | $766.63M | $739.16M | $663.52M | $509.71M | $968.57M | $713.46M | $464.67M | $263.80M | $151.28M |
| Gross Margin? | +46.1% | +45.8% | +46.5% | +46.0% | +42.3% | +56.0% | +54.8% | +50.4% | +48.0% | +42.9% |
| Operating Expenses? | $656.11M | $564.39M | $538.06M | $486.23M | $393.74M | $420.91M | $295.36M | $183.81M | $125.33M | $99.45M |
| Operating Income? | $219.04M | $202.24M | $201.22M | $177.41M | $126.42M | $547.72M | $418.20M | $279.37M | $141.14M | $52.76M |
| EBITDA? | $318.06M | $229.14M | $219.42M | $196.34M | $130.00M | $549.76M | $420.22M | $280.88M | $142.38M | $54.10M |
| Income Before Tax | $289.25M | $238.14M | $222.86M | $181.39M | $119.27M | $553.40M | $422.33M | $283.23M | $139.35M | $52.30M |
| Income Tax Expense | $97.16M | $84.26M | $78.02M | $66.65M | $38.61M | $165.24M | $127.80M | $87.55M | $48.70M | $21.86M |
| Net Income? | $202.89M | $167.58M | $155.64M | $122.62M | $80.66M | $385.84M | $287.74M | $195.68M | $90.65M | $30.44M |
| EPS? | $0.28 | $0.23 | $0.21 | $0.16 | $0.11 | $0.53 | $0.39 | $0.27 | $0.13 | $0.04 |
| Diluted EPS? | $0.28 | $0.23 | $0.21 | $0.16 | $0.11 | $0.52 | $0.39 | $0.26 | $0.12 | $0.04 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality