Also trades as: SPPJY (OTC) · $vol 0M

R1,246.00 ($0.75)

-3.00 (-0.24%)

Weekly Expected Move ±5.8%

R1103 R1176 R1249 R1322 R1395

JNB · Basic Materials · Paper, Lumber & Forest Products · Tech Score Strong Sell · Power 27 · R7.6B mcap · 607M float · 0.630% daily turnover

Revenue

$5.7B +4.2% ▲

5Y CAGR: +4.3%

Gross Profit

$537M -30.8% ▼

5Y CAGR: +6.1%

Operating Income

$229M +25.6% ▲

Net Income

-$186M -663.6% ▼

EPS (Diluted)

$-0.31 -668.8% ▼

EBITDA

$353M -34.5% ▼

5Y CAGR: +4.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$5.3B	$7.3B	$5.8B	$5.5B	$5.7B
YoY Growth	+14.2%	+38.6%	-20.4%	-6.0%	+4.2%
Cost of Revenue	$4.7B	$5.9B	$4.9B	$4.7B	$5.1B
Gross Profit	$549M	$1.4B	$907M	$776M	$537M
Gross Margin	10.4%	18.8%	15.6%	14.2%	9.4%
R&D Expenses	$45M	$44M	$44M	$0	$46M
SG&A Expenses	$165M	$190M	$373M	$185M	$192M
Operating Expenses	$406M	$601M	$404M	$594M	$308M
Operating Income	$146M	$770M	$380M	$182M	$229M
Operating Margin	2.8%	10.6%	6.5%	3.3%	4.0%
Interest Expense	$112M	$108M	$107M	$104M	$114M
Income Before Tax	$12M	$673M	$331M	$115M	-$87M
Tax Expense	-$1M	$137M	$72M	$82M	$99M
Net Income	$13M	$536M	$259M	$33M	-$186M
Net Margin	0.2%	7.3%	4.5%	0.6%	-3.3%
EPS (Diluted)	$0.02	$0.90	$0.43	$0.05	$-0.31
EBITDA	$453M	$1.1B	$806M	$540M	$353M
Shares Outstanding	552M	601M	605M	605M	604M

Line Item	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3
Revenue	$1.5B	$1.4B	$1.3B	$1.3B	$1.4B	$1.3B	$1.3B	$1.4B
Cost of Revenue	$1.3B	$1.1B	$1.2B	$1.2B	$1.3B	$1.2B	$1.2B	$1.3B
Gross Profit	$213M	$233M	$116M	$73M	$105M	$100M	$56M	$69M
Gross Margin	14.5%	17.1%	8.6%	5.5%	7.4%	7.5%	4.3%	5.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$111M	$101M	$101M	$82M	-$3M	$96M	$92M	$66M
Operating Expenses	$90M	$112M	$114M	$80M	-$3M	$97M	-$190M	$66M
Operating Income	$123M	$121M	$2M	-$7M	$109M	$3M	$246M	$3M
Operating Margin	8.4%	8.9%	0.1%	-0.5%	7.6%	0.2%	19.1%	0.2%
Interest Expense	$25M	$26M	$26M	$30M	$31M	$33M	$31M	$37M
Income Before Tax	$106M	$102M	-$18M	-$33M	-$137M	-$45M	-$432M	-$235M
Tax Expense	$27M	$32M	$2M	$0	$61M	-$7M	-$34M	-$52M
Net Income	$79M	$70M	-$20M	-$33M	-$199M	-$38M	-$398M	-$184M
Net Margin	5.4%	5.1%	-1.5%	-2.5%	-14.0%	-2.9%	-31.0%	-13.6%
EPS (Diluted)	$0.13	$0.12	$-0.03	$-0.05	$-0.33	$-0.06	$-0.66	$-0.30
EBITDA	$225M	$217M	$93M	$91M	-$83M	$91M	$346M	$99M
Shares Outstanding	605M	608M	607M	607M	605M	606M	607M	607M

SAP.JO JNB