Also trades as: PPASF (OTC) · $vol 0M · PKPYY (OTC) · $vol 0M

R1,954.00 ($1.17)

+63.00 (+3.33%)

Weekly Expected Move ±3.7%

R1808 R1880 R1953 R2026 R2098

JNB · Consumer Cyclical · Department Stores · Tech Score Neutral · Power 49 · R14.3B mcap · 512M float · 0.371% daily turnover

Revenue

$123.2B +1.3% ▲

5Y CAGR: +5.4%

Gross Profit

$11.6B -53.1% ▼

5Y CAGR: -10.4%

Operating Income

$1.7B -4.8% ▼

5Y CAGR: -9.2%

Net Income

-$728M +1.1% ▲

EPS (Diluted)

$-0.99 +10.8% ▲

EBITDA

$5.6B +74.1% ▲

5Y CAGR: +6.3%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$99.6B	$108.6B	$114.9B	$121.6B	$123.2B
YoY Growth	+5.3%	+9.0%	+5.9%	+5.8%	+1.3%
Cost of Revenue	$79.5B	$85.6B	$92.0B	$96.8B	$111.6B
Gross Profit	$20.2B	$22.9B	$22.9B	$24.7B	$11.6B
Gross Margin	20.2%	21.1%	20.0%	20.3%	9.4%
R&D Expenses	$118M	$92M	$142M	$150M	$0
SG&A Expenses	$3.0B	$3.4B	$22.2B	$23.0B	$3.7B
Operating Expenses	$17.3B	$19.9B	$22.5B	$23.0B	$9.9B
Operating Income	$2.9B	$3.0B	$385M	$1.8B	$1.7B
Operating Margin	2.9%	2.8%	0.3%	1.4%	1.4%
Interest Expense	$1.7B	$1.8B	$2.4B	$2.0B	$1.8B
Income Before Tax	$1.8B	$1.7B	-$4.1B	-$625M	-$82M
Tax Expense	$547M	$538M	-$957M	$26M	$111M
Net Income	$1.2B	$1.2B	-$3.2B	-$736M	-$728M
Net Margin	1.2%	1.1%	-2.8%	-0.6%	-0.6%
EPS (Diluted)	$2.52	$2.43	$-6.62	$-1.11	$-0.99
EBITDA	$3.4B	$4.1B	$2.3B	$3.2B	$5.6B
Shares Outstanding	481M	482M	482M	663M	734M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$52.4B	$56.4B	$55.2B	$59.7B	$57.5B	$64.1B	$60.3B	$62.8B
Cost of Revenue	$47.3B	$50.3B	$50.7B	$48.1B	$46.0B	$50.8B	$55.0B	$56.5B
Gross Profit	$5.1B	$6.2B	$4.5B	$11.6B	$11.4B	$13.3B	$5.3B	$6.3B
Gross Margin	9.7%	11.0%	8.2%	19.5%	19.9%	20.7%	8.7%	10.0%
R&D Expenses	$0	$46M	$0	$142M	$0	$150M	$0	$0
SG&A Expenses	$3.1B	$3.3B	$3.4B	$11.5B	$11.1B	$11.9B	$3.7B	$3.7B
Operating Expenses	$3.9B	$4.4B	$4.5B	$11.3B	$11.1B	$11.5B	$5.0B	$4.9B
Operating Income	$1.3B	$1.8B	$32M	$353M	$342M	$1.8B	$310M	$1.4B
Operating Margin	2.4%	3.2%	0.1%	0.6%	0.6%	2.7%	0.5%	2.2%
Interest Expense	$879M	$895M	$1.1B	$1.3B	$1.1B	$861M	$919M	$928M
Income Before Tax	$616M	$1.0B	-$760M	-$3.4B	-$1.1B	$458M	-$401M	$319M
Tax Expense	$201M	$337M	-$187M	-$769M	-$256M	$282M	-$78M	$189M
Net Income	$453M	$717M	-$571M	-$2.6B	-$827M	$91M	-$496M	-$232M
Net Margin	0.9%	1.3%	-1.0%	-4.4%	-1.4%	0.1%	-0.8%	-0.4%
EPS (Diluted)	$0.80	$1.26	$-1.01	$-5.42	$-1.41	$0.12	$-0.68	$-0.32
EBITDA	$3.2B	$3.7B	$2.3B	$831M	$1.1B	$2.1B	$2.4B	$3.3B
Shares Outstanding	566M	568M	566M	483M	588M	739M	735M	733M

PIK.JO JNB