Manoti.

Axia Corp. company logo

Axia Corporation Limited

AXIA

$0.0800

+0.0012 +1.52%

sector

distribution

retail

Overview

Description

retail and distribution company specialising in homeware, furniture, electrical appliances and automotive spares, and the distribution of fast moving consumer goods in Zimbabwe, Zambia and Malawi

Market Cap

$44.48M

avg. turnover (90 day)

$6.87K

EBITDA

$21.13M

Shares in issue

556M

Board size

6

No. of employees

1,695

Founded

2016

CEO

Ray Rambanapasi

Financial year end

June 30

Listed

March 2023

External auditors

BDO Zimbabwe

Address

Edward Building, Corner 1st Street & Nelson Mandela Avenue, Harare, Zimbabwe

daily price returns (90 day) - five no. summary

−18.4%−1.8%0%+0.8%+20.0%

trade volume (90 day)

volume:

12-Nov-2412-Dec-2420-Jan-2519-Feb-2524-Mar-2510M1M100K10K1K100100

Income Statement

FY 24/23 income statement analysis with financial year ending June 30
US$ 2024 2023 YoY change
revenue 193849387 203749965 -4.9%
cost of sales -136746354 -147053667 -7%
gross profit 57103033 56696298 +0.72%
operating expenses -41243562 -39350088 +4.8%
operating profit 15859471 17346210 -8.6%
non-operating income/(expenses) -2189141 -2898091 -24%
profit before interest & tax 13670330 14448119 -5.4%
interest expense -4474490 -3261348 +37%
tax expense -3131932 -5003263 -37%
net income 6063908 6183508 -1.9%