Cash flow Barita Investments Limited

Equities

BIL

JMP161681094

Investment Banking & Brokerage Services

End-of-day quote JAMAICA STOCK EXCHANGE Other stock markets 17/04/2026			5-day change	1st Jan Change
69.07 ^JMD	-0.48%		+0.07%	-8.82%

04-03	Barita Investments Limited, Q1 2026 Earnings Call, Mar 04, 2026
02-15	Barita Investments Limited Reports Earnings Results for the First Quarter Ended December 31, 2025	CI

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Published financial data: BARITA INVESTMENTS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	1.54B	4.37B	6.25B	7.73B	7.67B
Interest Expense, Total	-	2.66B	5.58B	6.96B	6.44B
Net Interest Income	1.54B	1.7B	668M	763M	1.23B
Brokerage Commission	3.38B	3.02B	3.4B	3.71B	4.16B
Gain (Loss) on Sale of Investments, Total (Rev)	1.58B	3.36B	4.36B	4.87B	2.76B
Other Revenues, Total	27.62M	72.64M	61.97M	60.53M	76.02M
Revenues Before Provison For Loan Losses	6.53B	8.16B	8.49B	9.4B	8.23B
Total Revenues	6.53B	8.16B	8.49B	9.4B	8.23B
Salaries And Other Employee Benefits	1.25B	1.71B	1.74B	1.66B	1.7B
Cost of Services Provided, Total	1.68B	1.96B	2.69B	2.43B	2.47B
Provision for Bad Debts	6.45M	3.98M	325K	-	-
Other Operating Expenses	108M	135M	185M	898M	473M
Total Operating Expenses	3.05B	3.81B	4.61B	4.98B	4.64B
Operating Income	3.48B	4.35B	3.88B	4.42B	3.59B
Income (Loss) on Equity Invest.	57.14M	96.17M	95.03M	24.08M	-114M
Currency Exchange Gains (Loss)	1.59B	792M	604M	594M	444M
EBT, Excl. Unusual Items	5.12B	5.24B	4.58B	5.04B	3.92B
Gain (Loss) on Sale of Investments	-	-	-	-	-
EBT, Incl. Unusual Items	5.12B	5.24B	4.58B	5.04B	3.92B
Income Tax Expense	1.06B	1.02B	1.16B	1.22B	905M
Earnings From Continuing Operations	4.06B	4.22B	3.42B	3.82B	3.01B
Net Income to Company	4.06B	4.22B	3.42B	3.82B	3.01B
Net Income - (IS)	4.06B	4.22B	3.42B	3.82B	3.01B
Net Income to Common Incl Extra Items	4.06B	4.22B	3.42B	3.82B	3.01B
Net Income to Common Excl. Extra Items	4.06B	4.22B	3.42B	3.82B	3.01B
Per Share Items
Net EPS - Basic	3.73	3.46	2.85	3.17	2.51
Basic EPS - Continuing Operations	3.73	3.46	2.85	3.17	2.51
Basic Weighted Average Shares Outstanding	1.09B	1.22B	1.2B	1.2B	1.2B
Net EPS - Diluted	3.73	3.46	2.85	3.17	2.51
Diluted EPS - Continuing Operations	3.73	3.46	2.85	3.17	2.51
Diluted Weighted Average Shares Outstanding	1.09B	1.22B	1.2B	1.2B	1.2B
Normalized Basic EPS	2.94	2.68	2.39	2.62	2.04
Normalized Diluted EPS	2.94	2.68	2.39	2.62	2.04
Dividend Per Share	4.32	2.48	-	3.6	2.4
Payout Ratio	64.66	96.67	88.63	54.83	82.97
Supplemental Items
Total Revenues (As Reported)	8.12B	8.95B	9.09B	10B	8.67B
Effective Tax Rate - (Ratio)	20.76	19.48	25.43	24.26	23.1
Current Domestic Taxes	1.2B	455M	173M	113M	125M
Total Current Taxes	1.2B	455M	173M	113M	125M
Deferred Domestic Taxes	-463M	521M	885M	1.11B	780M
Total Deferred Taxes	-463M	521M	885M	1.11B	780M
Normalized Net Income	3.2B	3.28B	2.86B	3.15B	2.45B
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	130M	153M	161M	8.04M	4.15M
Stock-Based Comp., Other (Total)	-	-	126M	-	-
Total Stock-Based Compensation	130M	153M	286M	8.04M	4.15M

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.82B	1.03B	1.97B	1.42B	1.62B
Securities Purchased Under Agreements To Resell	8.87B	2.61B	564M	5.77B	1.05B
Accounts Receivable, Total	523M	1.06B	1.71B	5.66B	9.04B
Other Receivables	8.46B	13.36B	12.33B	15.24B	11.25B
Gross Property Plant And Equipment	1.46B	1.54B	1.62B	1.62B	1.69B
Accumulated Depreciation	-211M	-310M	-425M	-566M	-655M
Net Property Plant And Equipment	1.25B	1.23B	1.2B	1.05B	1.03B
Other Intangibles, Total	19.48M	14.78M	21.5M	402M	810M
Investment In Debt and Equity Securities	14.18B	24.34B	22.39B	19.04B	20.28B
Other Current Assets, Total	526M	712M	1.1B	1.61B	2.13B
Deferred Tax Assets Long-Term (Collected)	-	1.35B	688M	-	-
Other Long-Term Assets, Total	52.56B	64B	86.22B	92.11B	102B
Total Assets	90.21B	110B	128B	142B	150B
Liabilities
Accounts Payable, Total	1.91B	2.58B	1.1B	2.04B	1.87B
Accrued Expenses, Total	22.59M	37.52M	34.77M	34.67M	36.85M
Short-Term Borrowings	1.03B	11.22B	5.99B	2.53B	9.77M
Current Portion of Long-Term Debt	45.59B	59.65B	76.55B	84.33B	90.5B
Current Portion of Leases	42.83M	287M	56.77M	80.69M	1.26M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	232M	-	252M	185M	187M
Current Income Taxes Payable	944M	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	4.13B	3.74B	8.84B	17.31B	20.79B
Deferred Tax Liability Non-Current	61.24M	-	-	494M	1.11B
Total Liabilities	53.96B	77.52B	92.81B	107B	115B
Preferred Stock Non Redeemable	1B	1B	1B	1B	1B
Total Preferred Equity	1B	1B	1B	1B	1B
Common Stock, Total	33.67B	33.67B	33.67B	33.67B	33.67B
Retained Earnings	2.94B	3.31B	6.69B	6B	6.1B
Treasury Stock	-1.53B	-2.28B	-1.85B	-1.84B	-1.8B
Comprehensive Income and Other	172M	-3.51B	-4.12B	-3.53B	-3.86B
Total Common Equity	35.25B	31.18B	34.39B	34.3B	34.11B
Total Equity	36.25B	32.18B	35.39B	35.3B	35.11B
Total Liabilities And Equity	90.21B	110B	128B	142B	150B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.2B	1.2B	1.2B	1.2B	1.2B
ECS Total Common Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B
Book Value / Share	29.27	26.08	28.66	28.59	28.41
Tangible Book Value	35.23B	31.17B	34.37B	33.9B	33.3B
Tangible Book Value Per Share	29.26	26.06	28.64	28.25	27.74
Total Debt	46.9B	71.16B	82.84B	87.13B	90.7B
Net Debt	34.21B	67.52B	80.31B	79.94B	88.03B
Equity Method Investments, Total	2.05B	2.19B	2.28B	2.31B	2.19B

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	4.06B	4.22B	3.42B	3.82B	3.01B
Depreciation, Depletion & Amortization	113M	147M	160M	197M	134M
Total Depreciation, Depletion & Amortization	113M	147M	160M	197M	134M
Amortization of Deferred Charges, Total	9.15M	11.39M	11.2M	6.42M	3.62M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	311K
(Gain) Loss on Sale of Investments - (CF)	-152M	-2.66B	-3.91B	-4.37B	-1.23B
Total Asset Writedown	-6.6M	-4.2M	-10.8M	-5M	-25.2M
(Income) Loss On Equity Investments - (CF)	-57.14M	-96.17M	-95.03M	-24.08M	114M
Stock-Based Compensation (CF)	130M	153M	286M	8.04M	-1.8M
Change in Accounts Receivable	1.91B	-2.02B	239M	-4.44B	-3.76B
Change in Accounts Payable	-2.72B	378M	-1.81B	3.77B	250M
Change in Other Net Operating Assets (Collected)	5.35B	27.71B	11.94B	-2.87B	6.2B
Other Operating Activities	-259M	-1.7B	493M	-1.64B	-117M
Cash from Operations	8.37B	26.15B	10.72B	-5.56B	4.58B
Capital Expenditure	-469M	-175M	-27.87M	-43.17M	-86.83M
Sale of Property, Plant, and Equipment	567K	124M	-	1.16M	4.4M
Purchase / Sale of Intangible Assets	-10.23M	-6.69M	-17.93M	-387M	-412M
Sale (Purchase) of Real Estate Properties (Collected)	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-15.74B	-24.13B	-15.38B	1.88B	-4.29B
Cash from Investing	-16.22B	-24.19B	-15.42B	1.45B	-4.79B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	8.26B	5.65B	2.87B
Total Debt Issued	-	-	8.26B	5.65B	2.87B
Issuance of Common Stock	10.52B	-	377M	16.06M	38.96M
Repurchase of Common Stock	-1.53B	-747M	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-2.62B	-3.95B	-3.03B	-1.99B	-2.5B
Preferred Dividends Paid	-	-126M	-	-98M	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-2.62B	-4.08B	-3.03B	-2.09B	-2.5B
Cash from Financing	6.36B	-4.83B	5.61B	3.58B	409M
Foreign Exchange Rate Adjustments	24.1M	73.72M	6.92M	11.66M	-2.27M
Net Change in Cash	-1.46B	-2.79B	909M	-520M	201M
Supplemental Items
Cash Interest Paid	1.79B	2.31B	5B	7.73B	6.88B
Cash Income Tax Paid (Refund)	399M	1.92B	198M	164M	57.1M
Net Debt Issued / Repaid	-	-	8.26B	5.65B	2.87B

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.04	4.22	2.87	2.82	2.06
Return On Equity %	12.74	12.34	10.11	10.8	8.55
Return on Common Equity	13.15	12.71	10.42	11.11	8.8
Margin Analysis
Gross Profit Margin %	99.72	99.7	99.84	99.76	99.76
SG&A Margin	44.71	44.64	51.95	43.21	50.42
Income From Continuing Operations Margin %	62.16	51.73	40.22	40.57	36.61
Net Income Margin %	62.16	51.73	40.22	40.57	36.61
Net Avail. For Common Margin %	62.16	51.73	40.22	40.57	36.61
Normalized Net Income Margin	49.03	40.15	33.71	33.48	29.76
Asset Turnover
Asset Turnover	0.08	0.08	0.07	0.07	0.06
Short Term Liquidity
Current Ratio	0.41	0.24	0.19	0.28	0.22
Quick Ratio	0.4	0.23	0.18	0.26	0.2
Operating Cash Flow to Current Liabilities	0.16	0.34	0.12	-0.05	0.04
Long Term Solvency
Total Debt/Equity	129.39	221.1	234.1	246.8	258.35
Total Debt / Total Capital	56.41	68.86	70.07	71.17	72.09
LT Debt/Equity	0.64	-	0.71	0.52	0.53
Long-Term Debt / Total Capital	0.28	-	0.21	0.15	0.15
Total Liabilities / Total Assets	59.82	70.66	72.4	75.19	76.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	54.15	30.15	4.04	10.77	-12.53
Gross Profit, 1 Yr. Growth %	54.44	30.14	4.19	10.67	-12.53
Earnings From Cont. Operations, 1 Yr. Growth %	47.13	4.01	-19.1	11.73	-21.08
Net Income, 1 Yr. Growth %	47.13	4.01	-19.1	11.73	-21.08
Normalized Net Income, 1 Yr. Growth %	64.9	2.35	-12.65	10.01	-22.27
Diluted EPS Before Extra, 1 Yr. Growth %	12.05	-7.2	-17.59	11.26	-20.88
Common Equity, 1 Yr. Growth %	33.1	-11.53	10.27	-0.24	-0.57
Total Assets, 1 Yr. Growth %	27.61	21.61	16.86	11.01	5.13
Tangible Book Value, 1 Yr. Growth %	33.12	-11.52	10.26	-1.35	-1.78
Cash From Operations, 1 Yr. Growth %	-57.93	212.29	-59.02	-151.89	-182.38
Capital Expenditures, 1 Yr. Growth %	64.32	-62.59	-84.11	54.91	101.13
Dividend Per Share, 1 Yr. Growth %	94.99	-42.61	-	-	-33.41
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	34.18	38.8	16.37	7.35	-1.57
Gross Profit, 2 Yr. CAGR %	34	38.91	16.44	7.38	-1.61
Earnings From Cont. Operations, 2 Yr. CAGR %	53.93	23.7	-8.27	-4.93	-6.1
Net Income, 2 Yr. CAGR %	53.93	23.7	-8.27	-4.93	-6.1
Normalized Net Income, 2 Yr. CAGR %	44.46	29.92	-5.44	-1.97	-7.53
Diluted EPS Before Extra, 2 Yr. CAGR %	24.06	1.97	-12.55	-4.25	-6.18
Common Equity, 2 Yr. CAGR %	66.79	8.52	-1.23	4.88	-0.41
Total Assets, 2 Yr. CAGR %	48.32	24.57	19.21	13.9	8.03
Tangible Book Value, 2 Yr. CAGR %	66.97	8.53	-1.23	4.29	-1.57
Cash From Operations, 2 Yr. CAGR %	-3.75	14.62	13.13	-53.89	-34.62
Capital Expenditures, 2 Yr. CAGR %	95.89	-21.6	-75.62	-50.39	76.52
Dividend Per Share, 2 Yr. CAGR %	43.89	5.79	-	20.5	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	80.15	31.04	26.09	14.47	0.27
Gross Profit, 3 Yr. CAGR %	80.31	30.91	26.21	14.49	0.29
Earnings From Cont. Operations, 3 Yr. CAGR %	123.56	35.08	7.38	-2.04	-10.65
Net Income, 3 Yr. CAGR %	123.56	35.08	7.38	-2.04	-10.65
Normalized Net Income, 3 Yr. CAGR %	111.2	28.79	13.82	-0.55	-9.27
Diluted EPS Before Extra, 3 Yr. CAGR %	65.77	12.62	-5.02	-5.24	-10.15
Common Equity, 3 Yr. CAGR %	125.69	35.02	9.1	-0.9	3.03
Total Assets, 3 Yr. CAGR %	68.42	38.82	21.95	16.41	10.9
Tangible Book Value, 3 Yr. CAGR %	125.87	35.12	9.1	-1.27	2.22
Cash From Operations, 3 Yr. CAGR %	470.44	42.49	-18.65	-12.75	-44.05
Capital Expenditures, 3 Yr. CAGR %	394.45	12.81	-53.95	-54.85	-20.89
Dividend Per Share, 3 Yr. CAGR %	83.44	5.92	-	-5.9	-1.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	47.95	50.28	50.03	21	14.2
Gross Profit, 5 Yr. CAGR %	48.06	50.19	50.15	20.94	14.25
Earnings From Cont. Operations, 5 Yr. CAGR %	81.3	83.48	56.54	17.37	1.77
Net Income, 5 Yr. CAGR %	81.3	83.48	56.54	17.37	1.77
Normalized Net Income, 5 Yr. CAGR %	71.45	64.75	53.14	15.47	4.74
Diluted EPS Before Extra, 5 Yr. CAGR %	51.38	49.75	28.35	5.54	-5.48
Common Equity, 5 Yr. CAGR %	69.84	62.22	62.17	22.04	5.19
Total Assets, 5 Yr. CAGR %	43.6	47.25	46.68	28.26	16.18
Tangible Book Value, 5 Yr. CAGR %	70.76	62.61	62.24	21.82	4.7
Cash From Operations, 5 Yr. CAGR %	110.65	186.76	198.64	-9.26	-25.46
Capital Expenditures, 5 Yr. CAGR %	95.38	44.58	48.35	-18.79	-21.18
Dividend Per Share, 5 Yr. CAGR %	108.37	52.57	-	11.53	1.59