September 15, 2025
R.A. Williams Distributors Limited (RAWILL)
Unaudited Financials for the First Quarter Ended July 31, 2025
R.A. Williams Distributors Limited (RAWILL) reported an 8% increase in revenue for the first quarter ended July 31, 2025, totalling $417.02 million compared to $387.44 million in the corresponding three months last year.
Cost of Sales amounted to $228.78 million (2024: $197.28 million), representing a 16% year-over-year increase. Consequently, gross profit declined by 1% to $188.24 million, compared to $190.16 million for the first quarter ended July 31, 2024.
Administrative and General Expenses rose by 18% to $105.26 million (2024: $89.54 million), while Selling and Distribution Expenses increased by 29% from $52.40 million in 2024 to $67.82 million for the three months. As a result, total expenses for the first quarter amounted to $173.08 million, reflecting a 22% increase over $141.93 million reported in 2024.
Operating Profit for the three months was $15.16 million, a 69% decline relative to $48.23 million reported in 2024. Other Income totalled $17,044, a 23% decrease from the corresponding period last year (2024: $22,277).
Finance Costs for the quarter ended July 31, 2025, amounted to $17.09 million, a 13% decrease compared to $19.72 million reported in 2024.
Loss before Taxation for the three months was $1.91 million, representing a 107% decline from the profit of $28.53 million reported in 2024. No taxation charge was recorded for the period (2024: $4.47 million). Net loss for the period was $1.91 million (2024: Net profit of $24.06 million).
Accordingly, Loss Per Share for the three months was $0.001 (2024: EPS $0.02). The twelve-month trailing EPS was $0.0013, based on 2,000,000,000 shares outstanding.
Notably, RAWILL’s stock price closed the trading period on September 12, 2025, at $0.43, with a corresponding P/E ratio of 329.39x.
Balance Sheet Highlights
The company’s assets totalled $1.65 billion (2024: $1.34 billion), driven primarily by inventories of $808.62 million (2024: $556.59 million).
Shareholders’ equity stood at $768.30 million (2024: $410.44 million), representing a book value per share of $0.38 (2024: $0.21).
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.