Mahaweli Reach Hotels Income Statement

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

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	737.58	990.46	862.23	503.95	374.56
Revenue Growth (YoY)	-25.53%	14.87%	71.09%	34.54%	99.26%
Cost of Revenue	550.69	563.67	565.12	502.55	322.48
Gross Profit	186.89	426.79	297.11	1.4	52.09
Selling, General & Admin	276.95	464.09	433.18	216.28	207.79
Other Operating Expenses	-27.03	-11.03	-43.55	-65.69	-45.13
Operating Expenses	433.3	644.17	589.5	213.58	162.67
Operating Income	-246.4	-217.37	-292.39	-212.18	-110.58
Interest Expense	-90.62	-73.11	-109.55	-37.7	-49.85
Interest & Investment Income	4.41	5.81	4.05	-	1.27
Currency Exchange Gain (Loss)	-34.34	5.66	20.51	2.31	-0.02
Other Non Operating Income (Expenses)	-0	-	-	-5.94	-3.4
EBT Excluding Unusual Items	-366.95	-279.02	-377.38	-253.5	-162.57
Gain (Loss) on Sale of Assets	-	5.93	6.55	56.53	2.47
Pretax Income	-366.95	-273.09	-370.83	-196.97	-160.1
Income Tax Expense	-	-56.9	-96.14	-184.94	16.54
Net Income	-366.95	-216.19	-274.69	-12.03	-176.65
Net Income to Common	-366.95	-216.19	-274.69	-12.03	-176.65
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
EPS (Basic)	-7.80	-4.59	-5.84	-0.26	-3.75
EPS (Diluted)	-7.80	-4.59	-5.84	-0.26	-3.75
Free Cash Flow	-	-69.33	-99.25	-65.69	39.54
Free Cash Flow Per Share	-	-1.47	-2.11	-1.40	0.84
Gross Margin	25.34%	43.09%	34.46%	0.28%	13.91%
Operating Margin	-33.41%	-21.95%	-33.91%	-42.10%	-29.52%
Profit Margin	-49.75%	-21.83%	-31.86%	-2.39%	-47.16%
Free Cash Flow Margin	-	-7.00%	-11.51%	-13.04%	10.55%
EBITDA	-184.9	-26.27	-92.52	-149.19	-41.55
EBITDA Margin	-25.07%	-2.65%	-10.73%	-29.60%	-11.09%
D&A For EBITDA	61.51	191.1	199.87	62.99	69.03
EBIT	-246.4	-217.37	-292.39	-212.18	-110.58
EBIT Margin	-33.41%	-21.95%	-33.91%	-42.10%	-29.52%
Advertising Expenses	-	0.21	3.31	2.67	1.89