Specialized Investment Compounds Company (ASE: SPIC)

SPIC Income Statement

Financials in millions JOD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	2.07	2.28	2.31	2.1	2.14	2.23
Total Revenue	2.07	2.28	2.31	2.1	2.14	2.23
Revenue Growth (YoY	-11.82%	-1.36%	10.22%	-2.10%	-3.76%	-2.03%
Property Expenses	1.36	1.36	1.03	0.95	1.01	1.15
Selling, General & Administrative	0.57	0.58	0.51	0.56	0.53	0.46
Other Operating Expenses	0.04	0.04	-0.02	0.05	-0.01	0.08
Total Operating Expenses	2.03	2.04	1.82	1.57	1.52	1.69
Operating Income	0.04	0.24	0.49	0.53	0.62	0.54
Interest Expense	-0.04	-0.04	-0.04	-0.02	-0.01	-0.04
EBT Excluding Unusual Items	0	0.2	0.45	0.52	0.61	0.5
Gain (Loss) on Sale of Investments	-0.87	-0.71	0.22	0.1	-0	-0.03
Gain (Loss) on Sale of Assets	-	0.03	-	0.03	0.12	0.45
Pretax Income	-0.86	-0.48	0.67	0.65	0.73	0.92
Income Tax Expense	0.01	0.04	0.09	0.06	0.08	0.1
Earnings From Continuing Operations	-0.88	-0.52	0.58	0.59	0.65	0.82
Net Income	-0.88	-0.52	0.58	0.59	0.65	0.82
Net Income to Common	-0.88	-0.52	0.58	0.59	0.65	0.82
Net Income Growth	-	-	-0.84%	-9.19%	-20.60%	-88.81%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
EPS (Basic)	-0.11	-0.06	0.07	0.07	0.08	0.10
EPS (Diluted)	-0.11	-0.06	0.07	0.07	0.08	0.10
EPS Growth	-	-	-0.84%	-9.19%	-20.60%	-88.81%
Operating Margin	1.96%	10.68%	21.30%	25.31%	28.88%	24.27%
Profit Margin	-42.41%	-22.77%	25.21%	28.02%	30.20%	36.61%
Free Cash Flow Margin	28.82%	21.19%	34.45%	36.72%	3.74%	18.92%
EBITDA	0.57	0.77	1.02	1.05	1.1	1.09
EBITDA Margin	27.47%	33.75%	44.12%	49.81%	51.41%	48.93%
D&A For Ebitda	0.53	0.53	0.53	0.51	0.48	0.55
EBIT	0.04	0.24	0.49	0.53	0.62	0.54
EBIT Margin	1.96%	10.68%	21.30%	25.31%	28.88%	24.27%
Effective Tax Rate	-	-	13.24%	9.29%	11.05%	11.00%

Source: S&P Capital IQ. Real Estate template. Financial Sources.