Equity Two PLC (COSE:ETWO.N0000)

Equity Two Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	227.67	209.31	181.46	146.12	133.57	125.26
Total Revenue	227.67	209.31	181.46	146.12	133.57	125.26
Revenue Growth (YoY	8.32%	15.35%	24.19%	9.40%	6.64%	-11.33%
Property Expenses	78.12	81.39	63.27	53.52	41.12	33.88
Selling, General & Administrative	20.47	17.57	17.32	15.37	7.86	7.95
Other Operating Expenses	-1.17	-1.17	-0.97	-3.33	-0.96	-1.12
Total Operating Expenses	97.42	97.79	79.62	65.56	48.02	40.71
Operating Income	130.25	111.52	101.84	80.56	85.54	84.55
Interest Expense	-6.58	-7.31	-6.81	-6.81	-4	-6.05
Interest & Investment Income	53.2	58.62	53.64	28.68	8.49	10.69
EBT Excluding Unusual Items	176.87	162.83	148.67	102.43	90.03	89.18
Gain (Loss) on Sale of Investments	1.62	1.62	0.68	3.28	1.15	0.53
Asset Writedown	211.69	211.69	191.71	144.43	46.88	1.59
Pretax Income	390.18	376.14	341.06	250.14	138.06	91.3
Income Tax Expense	117.71	113.29	103.37	148.66	33.67	-24.8
Net Income	272.47	262.85	237.7	101.48	104.39	116.1
Net Income to Common	272.47	262.85	237.7	101.48	104.39	116.1
Net Income Growth	8.04%	10.58%	134.22%	-2.78%	-10.09%	41.49%
Basic Shares Outstanding	31	31	31	31	31	31
Diluted Shares Outstanding	31	31	31	31	31	31
EPS (Basic)	8.79	8.48	7.67	3.27	3.37	3.75
EPS (Diluted)	8.79	8.48	7.67	3.27	3.37	3.75
EPS Growth	7.96%	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	57.21%	53.28%	56.12%	55.13%	64.05%	67.50%
Profit Margin	119.68%	125.58%	130.99%	69.45%	78.16%	92.69%
EBIT	130.25	111.52	101.84	80.56	85.54	84.55
EBIT Margin	57.21%	53.28%	56.12%	55.13%	64.05%	67.50%
Effective Tax Rate	30.17%	30.12%	30.31%	59.43%	24.39%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.