GALADARI Hotels (Lanka) Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	814.1	1,061	1,606	1,183	554.02	569.91	Upgrade
Revenue Growth (YoY)	-49.79%	-33.95%	35.73%	113.57%	-2.79%	-57.37%	Upgrade
Cost of Revenue	547.31	665.07	862.17	713.35	366.93	414.45	Upgrade
Gross Profit	266.79	395.64	743.86	469.87	187.09	155.46	Upgrade
Selling, General & Admin	539.19	541.06	508.91	386.36	358.9	392.68	Upgrade
Other Operating Expenses	274.8	412.1	496.12	348.46	244.72	212.7	Upgrade
Operating Expenses	813.99	953.16	1,005	734.82	603.62	605.38	Upgrade
Operating Income	-547.19	-557.51	-261.17	-264.96	-416.53	-449.92	Upgrade
Interest & Investment Income	226.1	236.17	536.14	358.02	138.18	223.58	Upgrade
Currency Exchange Gain (Loss)	-	2.98	17.5	-27.69	-3.39	1.38	Upgrade
EBT Excluding Unusual Items	-321.1	-318.36	292.47	65.38	-281.74	-224.97	Upgrade
Gain (Loss) on Sale of Assets	-	68.46	-	0.2	-	-	Upgrade
Pretax Income	-321.1	-249.9	292.47	65.57	-281.74	-224.97	Upgrade
Income Tax Expense	-123.15	-123.15	138.78	183.46	60.69	351.87	Upgrade
Net Income	-197.95	-126.76	153.69	-117.89	-342.43	-576.84	Upgrade
Net Income to Common	-197.95	-126.76	153.69	-117.89	-342.43	-576.84	Upgrade
Shares Outstanding (Basic)	519	501	501	501	501	501	Upgrade
Shares Outstanding (Diluted)	519	501	501	501	501	501	Upgrade
EPS (Basic)	-0.38	-0.25	0.31	-0.24	-0.68	-1.15	Upgrade
EPS (Diluted)	-0.38	-0.25	0.31	-0.24	-0.68	-1.15	Upgrade
Free Cash Flow	-2,976	-2,342	-569.8	-219.36	-166.1	-178.04	Upgrade
Free Cash Flow Per Share	-5.73	-4.68	-1.14	-0.44	-0.33	-0.35	Upgrade
Gross Margin	32.77%	37.30%	46.32%	39.71%	33.77%	27.28%	Upgrade
Operating Margin	-67.21%	-52.56%	-16.26%	-22.39%	-75.18%	-78.95%	Upgrade
Profit Margin	-24.32%	-11.95%	9.57%	-9.96%	-61.81%	-101.22%	Upgrade
Free Cash Flow Margin	-365.60%	-220.83%	-35.48%	-18.54%	-29.98%	-31.24%	Upgrade
EBITDA	-300.11	-329	-39.92	-93.49	-238.81	-238.34	Upgrade
EBITDA Margin	-36.86%	-31.02%	-2.49%	-7.90%	-43.10%	-41.82%	Upgrade
D&A For EBITDA	247.09	228.51	221.25	171.47	177.72	211.58	Upgrade
EBIT	-547.19	-557.51	-261.17	-264.96	-416.53	-449.92	Upgrade
EBIT Margin	-67.21%	-52.56%	-16.26%	-22.39%	-75.18%	-78.95%	Upgrade
Effective Tax Rate	-	-	47.45%	279.79%	-	-	Upgrade
Advertising Expenses	-	1.21	1.9	2.02	1.48	2.06	Upgrade

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.