RAM Essential Services Property Fund (ASX: REP)

REP Income Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Rental Revenue	55.66	55.66	56.31	36.51
Gain (Loss) on Sale of Assets (Rev)	-	-	-	3.35
Other Revenue	-	-	-	6.3
Total Revenue	55.66	55.66	56.31	46.17
Revenue Growth (YoY	-1.16%	-1.16%	21.97%	-
Property Expenses	18.33	18.33	15.83	11.33
Selling, General & Administrative	5.15	5.15	5.45	4
Other Operating Expenses	2.06	2.06	1.68	0.57
Total Operating Expenses	25.54	25.54	22.96	15.9
Operating Income	30.12	30.12	33.35	30.27
Interest Expense	-17.43	-17.43	-11.12	-4.18
Interest & Investment Income	0.04	0.04	0.01	0
Other Non-Operating Income	-	-	-	-16.2
EBT Excluding Unusual Items	12.73	12.73	22.23	9.89
Gain (Loss) on Sale of Assets	-3.21	-3.21	-	-
Asset Writedown	-33.98	-33.98	-38.86	51.57
Pretax Income	-24.46	-24.46	-16.63	61.46
Earnings From Continuing Operations	-24.46	-24.46	-16.63	61.46
Minority Interest in Earnings	13.11	13.11	0.97	-18.93
Net Income	-11.36	-11.36	-15.66	42.54
Net Income to Common	-11.36	-11.36	-15.66	42.54
Basic Shares Outstanding	511	511	491	354
Diluted Shares Outstanding	511	511	491	354
Shares Change (YoY)	4.16%	4.16%	38.52%	-
EPS (Basic)	-0.02	-0.02	-0.03	0.12
EPS (Diluted)	-0.02	-0.02	-0.03	0.12
Dividend Per Share	0.056	0.056	0.057	0.040
Dividend Growth	-1.82%	-1.82%	42.60%	-
Operating Margin	54.11%	54.11%	59.22%	65.56%
Profit Margin	-20.40%	-20.40%	-27.81%	92.13%
Free Cash Flow Margin	56.60%	56.60%	35.02%	10.97%
EBITDA	34.99	34.99	37.41	34.69
EBITDA Margin	62.86%	62.86%	66.44%	75.13%
D&A For Ebitda	4.87	4.87	4.07	4.42
EBIT	30.12	30.12	33.35	30.27
EBIT Margin	54.11%	54.11%	59.22%	65.56%
Funds From Operations (FFO)	28.61	28.61	30.61	21.71
Adjusted Funds From Operations (AFFO)	28.61	28.61	30.61	21.71
FFO Payout Ratio	100.78%	100.78%	98.87%	61.12%
Revenue as Reported	55.7	55.7	56.32	98.65

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