
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
$21.13M
Board size
6
No. of employees
1,695
Founded
2016
CEO
Ray Rambanapasi
Financial year end
June 30
Listed
March 2023
External auditors
BDO Zimbabwe
Website
www.axiacorpltd.comAddress
Edward Building, Corner 1st Street & Nelson Mandela Avenue, Harare, Zimbabwe
daily price returns (90 day) - five no. summary
trade volume (90 day)
volume:
Income Statement
US$ | 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% |