Mahaweli Reach Hotels Income Statement

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

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	804.21	990.46	862.23	503.95	374.56	187.98
Revenue Growth (YoY)	-16.71%	14.87%	71.09%	34.54%	99.26%	-52.81%
Cost of Revenue	426.52	563.67	565.12	502.55	322.48	167.65
Gross Profit	377.68	426.79	297.11	1.4	52.09	20.33
Selling, General & Admin	479.5	464.09	433.18	216.28	207.79	247.47
Other Operating Expenses	-13.87	-11.03	-43.55	-65.69	-45.13	-24.54
Operating Expenses	652.14	644.17	589.5	213.58	162.67	222.94
Operating Income	-274.45	-217.37	-292.39	-212.18	-110.58	-202.6
Interest Expense	-79.13	-73.11	-109.55	-37.7	-49.85	-25.18
Interest & Investment Income	17	5.81	4.05	-	1.27	0.64
Currency Exchange Gain (Loss)	5.66	5.66	20.51	2.31	-0.02	0.11
Other Non Operating Income (Expenses)	-	-	-	-5.94	-3.4	-1.76
EBT Excluding Unusual Items	-330.93	-279.02	-377.38	-253.5	-162.57	-228.79
Gain (Loss) on Sale of Assets	5.93	5.93	6.55	56.53	2.47	0.5
Pretax Income	-325	-273.09	-370.83	-196.97	-160.1	-228.29
Income Tax Expense	-56.9	-56.9	-96.14	-184.94	16.54	-4.7
Net Income	-268.1	-216.19	-274.69	-12.03	-176.65	-223.59
Net Income to Common	-268.1	-216.19	-274.69	-12.03	-176.65	-223.59
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
EPS (Basic)	-5.70	-4.59	-5.84	-0.26	-3.75	-4.75
EPS (Diluted)	-5.70	-4.59	-5.84	-0.26	-3.75	-4.75
Free Cash Flow	-140.41	-69.33	-99.25	-65.69	39.54	-46.2
Free Cash Flow Per Share	-2.98	-1.47	-2.11	-1.40	0.84	-0.98
Gross Margin	46.96%	43.09%	34.46%	0.28%	13.91%	10.82%
Operating Margin	-34.13%	-21.95%	-33.91%	-42.10%	-29.52%	-107.78%
Profit Margin	-33.34%	-21.83%	-31.86%	-2.39%	-47.16%	-118.94%
Free Cash Flow Margin	-17.46%	-7.00%	-11.51%	-13.04%	10.55%	-24.58%
EBITDA	-178.75	-26.27	-92.52	-149.19	-41.55	-130.03
EBITDA Margin	-22.23%	-2.65%	-10.73%	-29.60%	-11.09%	-69.17%
D&A For EBITDA	95.71	191.1	199.87	62.99	69.03	72.57
EBIT	-274.45	-217.37	-292.39	-212.18	-110.58	-202.6
EBIT Margin	-34.13%	-21.95%	-33.91%	-42.10%	-29.52%	-107.78%
Advertising Expenses	-	0.21	3.31	2.67	1.89	1.22

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