September 01, 2025
Fontana Limited (FTNA)
Audited financials for the twelve months ended June 30, 2025:
Fontana Limited (FTNA) for the twelve months ended June 30, 2025 reported a 17% increase in Revenues totaling $9.52 billion compared to $8.13 billion in the corresponding period last year. Revenues for the fourth quarter had a 22% increase to close at $2.50 billion compared to $2.05 billion for the comparable quarter of 2024.
Cost of Sales amounted to $5.90 billion (2024: $5.07 billion), this represents an increase of 16% year over year. Consequently, gross profit increased by 18% to $3.62 billion compared to $3.06 billion for the twelve months ended June 30, 2024. The company booked gross profit of $945.15 million for the fourth quarter versus $777.43 million reported for the similar quarter of 2024.
Administrative and Other Expenses increased by 20% to close at $2.73 billion (2024: $2.28 billion), while Selling and Promotion increased by 28% from $82.34 million in 2024 to $105.18 million in the period under review. As a result, total operating expenses for the twelve months ended June 30, 2025, amounted to $2.83 billion, a 20% increase relative to $2.36 billion reported in 2024.
Operating Profit for the twelve months ended June 30, 2025, amounted to $784.69 million, a 13% increase relative to $696.52 million reported in 2024. Operating Profit for the fourth quarter amounted to $158.65 million (2024: $135.95 million). Finance and Policy Costs totaled $249.57 million, a 22% increase from the corresponding period last year. (2024: $204.66 million).
Profit before Taxation for the twelve months ended June 30, 2025, amounted to $695.06 million, a 10% increase relative to $629.83 million reported in 2024. Profit before Taxation for the fourth quarter amounted to $124.31 million (2024: $119.67 million).
The tax charge incurred for the twelve months ended June 30, 2025 had a 158% increase to reach $103.50 million (2024: $40.05 million). As a result, Net Profit for the twelve months amounted to $591.56 million, a marginal increase from the $589.78 million reported in 2024. For the fourth quarter, Net Profit was $101.72 million, an 8% increase relative to the prior year period (2024: $94.38 million).
Consequently, Earnings Per Share for the twelve months amounted to $0.47 (2024: EPS: $0.47), while Earnings Per Share for the quarter totaled $0.08 (2024: EPS: $0.08). The number of shares used in these calculations was 1,249,374,825.
Notably, FTNA’s stock price closed the trading period on August 29, 2025, at a price of $8.90 with a corresponding P/E ratio of 18.80x.
Balance Sheet Highlights
The company’s assets totaled $6.87 billion (2024: $5.68 billion). The movement in total assets was due to $662.53 million increase in ‘Intangible assets’ amounting to $864.92 million (2024: $202.39 million) and a 41% increase in ‘Inventories’ amounting to $2.04 billion (2024: $1.45 billion), slightly offset by a 15% decrease in ‘Right of use assets’ amounting to $768.36 million (2024: $901.17 million).
Shareholder’s equity was $2.87 billion (2024: $2.91 billion), representing a book value per share of $2.30 (2024: $2.33).
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