Equity Two PLC (COSE:ETWO.N0000)

Equity Two Income Statement

Financials in millions LKR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	209.31	181.46	146.12	133.57	125.26
Total Revenue	209.31	181.46	146.12	133.57	125.26
Revenue Growth (YoY	15.35%	24.19%	9.40%	6.64%	-11.33%
Property Expenses	81.39	63.27	53.52	41.12	33.88
Selling, General & Administrative	17.57	17.32	15.37	7.86	7.95
Other Operating Expenses	-1.17	-0.97	-3.33	-0.96	-1.12
Total Operating Expenses	97.79	79.62	65.56	48.02	40.71
Operating Income	111.52	101.84	80.56	85.54	84.55
Interest Expense	-7.31	-6.81	-6.81	-4	-6.05
Interest & Investment Income	58.62	53.64	28.68	8.49	10.69
EBT Excluding Unusual Items	162.83	148.67	102.43	90.03	89.18
Gain (Loss) on Sale of Investments	1.62	0.68	3.28	1.15	0.53
Asset Writedown	211.69	191.71	144.43	46.88	1.59
Pretax Income	376.14	341.06	250.14	138.06	91.3
Income Tax Expense	113.29	103.37	148.66	33.67	-24.8
Net Income	262.85	237.7	101.48	104.39	116.1
Net Income to Common	262.85	237.7	101.48	104.39	116.1
Net Income Growth	10.58%	134.22%	-2.78%	-10.09%	41.49%
Basic Shares Outstanding	31	31	31	31	31
Diluted Shares Outstanding	31	31	31	31	31
EPS (Basic)	8.48	7.67	3.27	3.37	3.75
EPS (Diluted)	8.48	7.67	3.27	3.37	3.75
EPS Growth	10.58%	134.22%	-2.78%	-10.09%	41.49%
Dividend Per Share	-	1.000	0.500	0.650	0.650
Dividend Growth	-	100.00%	-23.08%	-	-23.53%
Operating Margin	53.28%	56.12%	55.13%	64.05%	67.50%
Profit Margin	125.58%	130.99%	69.45%	78.16%	92.69%
EBIT	111.52	101.84	80.56	85.54	84.55
EBIT Margin	53.28%	56.12%	55.13%	64.05%	67.50%
Effective Tax Rate	30.12%	30.31%	59.43%	24.39%	-

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.