The a2 Milk Company Limited (ASX:A2M) Annual Report 2025



The latest annual report of The a2 Milk Company Limited (A2M) was published on 30 Jun 2025. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - A2M Annual Results

Amounts in NZD

Total Revenue
$1.90B
Gross Profit
$943.01M
EBIT
$303.20M
Net Tangible Assets
$1.17B
Net Income
$202.89M
Capital Expenditures
-

A2M Income Statement 2025 Annual Report

As per the latest Income Statement of A2M, the Net revenue increased by $225.95M (14%) compared to the previous period. The operating income in 2025 increased by - (-). The net income as per the annual report was $202.89M which increased by $35.31M (21%) compared to previous year.

Income Statement Report (2025/2024)

2025 2024
Total Revenue $1.90B $1.67B
Gross Profit $943.01M $943.01M
Operating Income - -
Income Before Tax - -
Net Income $202.89M $167.58M

Balance Sheet - A2M 2025 Annual Report

Read further: A2M Balance Sheet Detailed Analysis

The latest balance sheet from annual result of The a2 Milk Company Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of A2M on the balance sheet were at $1.17B which is $0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2025/2024)

2025 2024
Cash $896.88M $896.88M
Total Assets - -
Long Term Debt - -
Total Liabilities $19.15M $19.15M
Total Shareholder Equity - -
Net Tangible Assets $1.17B $1.17B

Cash Flow Statement - A2M 2025 Annual Report

The 2025 annual cash flow statement of The a2 Milk Company Limited showed that the net income increased by $35.31M (21%) compared to previous reporting period. Also the capital expenditure of A2M increased by - (-).

As of 2025, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2025/2024)

2025 2024
Net Income $202.89M $167.58M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

The a2 Milk Company Limited Annual Report History

Income Statement

Income Statement history of The a2 Milk Company Limited (ASX:A2M)

30 Jun 2025 30 Jun 2024 30 Jun 2023 30 Jun 2022
Total Revenue $1.90B $1.67B $1.59B $1.44B
Cost Of Revenue $0.00 $0.00 $0.00 $0.00
Gross Profit $0.00 $0.00 $0.00 $0.00
Research Development - - - -
Selling General Administrative - - - -
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses $0.00 $0.00 $0.00 $0.00
Operating Income - - - -
Total Other Income Expense Net - - - -
Ebit $0.00 $0.00 $0.00 $0.00
Interest Expense - - - -
Income Before Tax - - - -
Income Tax Expense $0.00 $0.00 $0.00 $0.00
Minority Interest - - - -
Net Income From Continuing Ops - - - -
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income $202.89M $167.58M $155.64M $122.62M
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of The a2 Milk Company Limited (ASX:A2M)

30 Jun 2025 30 Jun 2024 30 Jun 2023 30 Jun 2022
Cash $896.88M $896.88M - -
Total Assets - - - -
Total Liab $19.15M $19.15M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $1.17B $1.17B - -

Cash Flow Statement

Cash Flow Statement history of The a2 Milk Company Limited (ASX:A2M)

30 Jun 2025 30 Jun 2024 30 Jun 2023 30 Jun 2022
Net Income $202.89M $167.58M - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -