Also trades as: SGBLY (OTC) · $vol 1M · SBGOF (OTC) · $vol 0M

R29,499.00 ($17.71)

+335.00 (+1.15%)

Weekly Expected Move ±1.9%

R28369 R28932 R29495 R30058 R30621

JNB · Financial Services · Banks - Regional · Tech Score Strong Sell · Power 32 · R478.7B mcap · 1.30B float · 0.191% daily turnover

Revenue

$372.9B +38.8% ▲

5Y CAGR: +27.5%

Gross Profit

$260.5B +66.5% ▲

5Y CAGR: +18.6%

Operating Income

$82.9B -16.2% ▼

5Y CAGR: -4.7%

Net Income

$51.2B +161.8% ▲

5Y CAGR: +31.2%

EPS (Diluted)

$29.88 -1.5% ▼

5Y CAGR: +31.0%

EBITDA

$85.2B +13.7% ▲

5Y CAGR: +25.5%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$132.5B	$156.4B	$161.4B	$189.5B	$372.9B
YoY Growth	+19.6%	+18.0%	+3.2%	+17.4%	+38.8%
Cost of Revenue	-$258M	$56.5B	$0	$0	$112.4B
Gross Profit	$132.8B	$156.4B	$161.4B	$189.5B	$260.5B
Gross Margin	100.2%	100.0%	100.0%	100.0%	69.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$2.0B	$4.9B	$5.4B	$9.0B	$8.8B
Operating Expenses	$81.2B	$91.2B	$5.4B	$103.8B	$123.5B
Operating Income	$51.3B	$65.1B	$66.4B	$85.7B	$82.9B
Operating Margin	38.7%	41.7%	41.1%	45.2%	22.2%
Interest Expense	$36.8B	$56.5B	$95.1B	$106.7B	$100.4B
Income Before Tax	$38.2B	$50.8B	$66.4B	$67.7B	$80.7B
Tax Expense	$10.1B	$11.7B	$16.1B	$17.5B	$26.2B
Net Income	$25.7B	$35.2B	$46.0B	$45.8B	$51.2B
Net Margin	19.4%	22.5%	28.5%	24.2%	13.7%
EPS (Diluted)	$15.55	$20.59	$26.35	$26.15	$29.88
EBITDA	$47.4B	$58.9B	$0	$0	$85.2B
Shares Outstanding	1.60B	1.66B	1.68B	1.67B	1.64B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$123.4B	$78.7B	$82.6B	$80.3B	$124.3B	$86.7B	$149.1B	$99.1B
Cost of Revenue	$89.0B	-$240.9B	$55.7B	-$95.2B	$124.3B	$0	$104.2B	$7.1B
Gross Profit	$34.4B	$319.7B	$55.1B	$175.5B	$86.0B	$86.7B	$173.8B	$92.0B
Gross Margin	27.9%	406.0%	66.7%	218.5%	69.2%	100.0%	116.6%	92.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$366M	$2.1B	$148M	$2.1B	$6.9B	$2.2B	$6.6B	$2.2B
Operating Expenses	$62.5B	$2.0B	$297M	$2.1B	$4.1B	$2.2B	$130.2B	$52.6B
Operating Income	$25.3B	$76.8B	$82.3B	$32.3B	$36.2B	$84.5B	$45.8B	$40.7B
Operating Margin	20.5%	97.5%	99.6%	40.2%	29.1%	97.4%	30.7%	41.0%
Interest Expense	$0	$95.1B	$0	$0	$0	$0	$0	$0
Income Before Tax	$30.2B	$30.2B	$36.2B	$33.1B	$36.2B	$37.1B	$44.5B	$39.4B
Tax Expense	$9.1B	$4.8B	$11.2B	$8.4B	$11.4B	$9.7B	$16.5B	$10.5B
Net Income	$19.5B	$21.9B	$24.0B	$22.5B	$22.2B	$24.9B	$26.4B	$27.2B
Net Margin	15.8%	27.8%	29.1%	28.0%	17.9%	28.7%	17.7%	27.5%
EPS (Diluted)	$11.41	$13.08	$13.27	$12.85	$13.33	$14.44	$15.44	$16.00
EBITDA	$28.0B	$993M	$34.6B	$32.3B	$36.2B	$36.1B	$49.1B	$39.4B
Shares Outstanding	1.66B	1.68B	1.68B	1.67B	1.67B	1.65B	1.64B	1.64B

SBK.JO JNB