IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

FTNA reports 37% decline in six months net profit

February 16, 2026

Fontana Limited(FTNA)

Unaudited financials for the six months ended December 31, 2025:

Fontana Limited (FTNA), for the six months ended December 31, 2025, reported a 12% increase in revenues to $5.36 billion, up from $4.78 billion in the corresponding period last year. Revenues for the second quarter grew 6% to $2.86 billion (2024: $2.71 billion).

Management noted that Q2 performance was materially impacted by Hurricane Melissa, including a 16‑day closure of the Company’s second‑largest location, reduced trading hours across western stores, and temporary disruption to its Montego Bay corporate offices; despite this, topline growth reflected brand resilience and contributions from recently acquired Monarch locations and new Ora concept stores.

Cost of Sales amounted to $3.34 billion (2024: $2.94 billion), a 14% year‑over‑year increase. Consequently, gross profit rose 10% to $2.01 billion, compared to $1.84 billion for the six months ended December 31, 2024. For the second quarter, gross profit totaled $1.09 billion (2024: $1.06 billion)

Administrative and Other Expenses increased 23% to $1.61 billion (2024: $1.32 billion), while Selling and Promotion expenses rose 11% to $47.64 million (2024: $42.76 million). As a result, total operating expenses for the six months ended December 31, 2025 were $1.66 billion, a 22% increase versus $1.36 billion in 2024.

Operating profit for the six months totaled $352.18 million, down 26% from $477.92 million in 2024. For the second quarter, operating profit was $252.21 million (2024: $375.31 million). Finance costs were $159.71 million, a 47% increase from $108.77 million in the corresponding period last year; other income for the six months rose 12% to $89.02 million (2024: $79.24 million).

Profit before taxation for the six months ended December 31, 2025 amounted to $281.49 million, a 37% decrease relative to $448.39 million reported in 2024. For the second quarter, profit before taxation was $230.47 million (2024: $376.02 million).

The taxation charge for the six months was $35.89 million (2024: $61.35 million). Net profit for the six months totaled $245.61 million, a 37% decline versus $387.05 million in 2024, while second‑quarter net profit was $201.00 million (2024: $326.58 million).

Consequently, Earnings Per Share for the six months amounted to $0.20 (2024: EPS: $0.31), while Earnings Per Share for the quarter totaled $0.16 (2024: EPS: $0.26). The twelve-month trailing EPS was $0.36, and the number of shares used in these calculations was 1,249,374,825.

Notably, FTNA’s stock price closed the trading period on February 13, 2026, at a price of $7.72 with a corresponding P/E ratio of 21.43x.

Balance Sheet Highlights

The company’s assets totaled $7.19 billion (2024: $5.71 billion). The movement in total assets was mainly attributable to a 343% increase in Intangible assets amounting to $864.08 million (2024: $195 million).

Shareholder’s equity was $3.12 billion (2024: $2.98 billion), representing a book value per share of $2.50 (2024: $2.39).

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_453968572
September 16, 2026   MPC Caribbean Clean Energy Limited (MPCCEL) has advised that the Company has entered into a sale purchase agreement to…
shutterstock_148562033
September 16, 2026   Caribbean Flavours and Fragrances Limited (CFF) has advised that a director purchased a total of 29,449 CFF shares dur…
shutterstock_148562033
September 16, 2026   Jetcon Corporation Limited (JETCON) has advised that a Director sold 250,000 JETCON shares on September 14,2026. …
shutterstock_148562033
September 16, 2026   Supreme Ventures Limited (SVL) has advised that related entities purchased a total of 85,584 SVL shares during the per…
shutterstock_537598660
September 16, 2026     Indies Pharma Jamaica Limited (INDIES) Unaudited financials for the nine months ended July 31, 2026: I…
The Week Ahead - The Arithmetic of Patience
September 16, 2026   FOMC lifts target range a quarter point to 3.75% to 4.00%; Treasury yields hold near two-decade highs and the dot plot …
shutterstock_193038047
September 16, 2026 The U.S. Federal Reserve raised its benchmark interest rate by 25 basis points on September 16, 2026, lifting the federal fund…
shutterstock_556282549
September 16, 2026 Latin America and the Caribbean recorded the fastest remittance growth of any region over the past decade, highlighting the incr…