SSL FY 2023 Earnings Report — Sasol Limited Revenue & Financial Results | Market Cap Arena

Sasol LimitedSSL

FY 2023 Earnings

Reported June 29, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$17.5B	—	$16.5B	—	6.2%
Op. Income	$3.3B	—	$3.0B	—	8.3%
Gross Margin	42.2%	—	49.7%	—	-7.4pp
Net Margin	3.0%	—	14.3%	—	-11.2pp
EPS (Diluted)	$0.79	—	$3.70	—	-78.8%
Free Cash Flow	$1.1B	—	$1.0B	—	7.5%

Revenue Flow

Item	Amount
REVENUE	$17.5B
Cost of Revenue	$10.1B
GROSS PROFIT	$7.4B
R&D Expenses	$0
Selling & Marketing	$632M
General & Administrative	$2.2B
SG&A Expenses	$2.8B
Other Expenses	$0
Operating Expenses	$6.1B
Cost & Expenses	$16.2B
OPERATING INCOME	$3.3B
Interest Income	$414M
Interest Expense	$0
Other Income/Expenses	$243M
INCOME BEFORE TAX	$876M
Income Tax Expense	$313M
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$531M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$849M
EBIT	$3.0B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$17.5B
Cost of Revenue	$10.1B
GROSS PROFIT	$7.4B
R&D Expenses	$0
Selling & Marketing	$632M
General & Administrative	$2.2B
SG&A Expenses	$2.8B
Other Expenses	$0
Operating Expenses	$6.1B
Cost & Expenses	$16.2B
OPERATING INCOME	$3.3B
Interest Income	$414M
Interest Expense	$0
Other Income/Expenses	$243M
INCOME BEFORE TAX	$876M
Income Tax Expense	$313M
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$531M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$849M
EBIT	$3.0B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$531M
Depreciation & Amortization	$1.0B
Stock-Based Compensation	$62M
Deferred Income Tax	$0
Other Non-Cash Items	$666M
Change in Working Capital	$659M
OPERATING CASH FLOW	$3.0B
Capital Expenditure	-$1.9B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$150M
NET CASH FROM INVESTING	-$1.7B
Net Debt Issuance	-$903M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$758M
FREE CASH FLOW	$1.1B
Net Change in Cash	$652M

Balance Sheet

Item	Amount
Cash & Equivalents	$3.3B
Short-Term Investments	$0
Net Receivables	$2.0B
Inventory	$2.5B
Other Current Assets	$715M
TOTAL CURRENT ASSETS	$8.1B
PP&E (Net)	$14.3B
Goodwill	$0
Intangible Assets	$193M
Long-Term Investments	$1.0B
Tax Assets	$0
Other Non-Current Assets	$2.5B
TOTAL NON-CURRENT ASSETS	$18.1B
TOTAL ASSETS	$26.2B
Account Payables	$1.6B
Short-Term Debt	$1.4B
Deferred Revenue	$0
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$5.4B
Long-Term Debt	$5.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$762M
TOTAL NON-CURRENT LIABILITIES	$8.7B
TOTAL LIABILITIES	$14.0B
Common Stock	$597M
Additional Paid-In Capital	$0
Retained Earnings	$8.2B
Treasury Stock	$0
Accum. Other Comp. Income	$3.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$11.9B
Minority Interest	$279M
TOTAL EQUITY	$12.2B
TOTAL LIABILITIES & EQUITY	$26.2B
Total Debt	$8.4B
Net Debt	$5.1B