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).
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