The Fortress Resorts 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	Sep '25 Sep 30, 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	906.6	1,006	921.49	434.7	349.17	74.67
Revenue Growth (YoY)	-7.29%	9.19%	111.98%	24.50%	367.64%	-84.74%
Cost of Revenue	372.69	367.97	329.83	203.38	125.2	78.42
Gross Profit	533.91	638.17	591.66	231.31	223.97	-3.75
Selling, General & Admin	417.24	422.9	414.85	312.93	240.96	232.4
Operating Expenses	417.24	422.9	414.85	312.93	240.96	232.4
Operating Income	116.67	215.27	176.81	-81.62	-16.99	-236.15
Interest Expense	-7.88	-7.68	-7.35	-7.82	-11.74	-15.71
Interest & Investment Income	63.77	76.38	94.08	81.98	32.18	68.55
Currency Exchange Gain (Loss)	10.11	10.11	3.16	6.78	23.74	0.53
Other Non Operating Income (Expenses)	-8.15	-	-	-0	-	-
EBT Excluding Unusual Items	174.53	294.08	266.7	-0.68	27.2	-182.78
Gain (Loss) on Sale of Assets	11.05	11.05	-	-	0.08	0.17
Pretax Income	185.57	305.12	266.7	-0.68	27.28	-182.61
Income Tax Expense	65.09	69.01	54.36	19.16	-5.77	-7.01
Net Income	120.48	236.11	212.34	-19.84	33.05	-175.61
Net Income to Common	120.48	236.11	212.34	-19.84	33.05	-175.61
Net Income Growth	-46.33%	11.19%	-	-	-	-
Shares Outstanding (Basic)	102	111	111	111	111	111
Shares Outstanding (Diluted)	102	111	111	111	111	111
EPS (Basic)	1.18	2.13	1.91	-0.18	0.30	-1.58
EPS (Diluted)	1.18	2.13	1.91	-0.18	0.30	-1.58
EPS Growth	-37.72%	11.19%	-	-	-	-
Free Cash Flow	-440.59	142.94	233.32	-35.24	55.43	-172.64
Free Cash Flow Per Share	-4.33	1.29	2.10	-0.32	0.50	-1.56
Gross Margin	58.89%	63.43%	64.21%	53.21%	64.14%	-5.03%
Operating Margin	12.87%	21.39%	19.19%	-18.78%	-4.87%	-316.28%
Profit Margin	13.29%	23.47%	23.04%	-4.57%	9.46%	-235.19%
Free Cash Flow Margin	-48.60%	14.21%	25.32%	-8.11%	15.88%	-231.21%
EBITDA	191.27	283.44	239.45	-18.13	54.61	-164.01
EBITDA Margin	21.10%	28.17%	25.99%	-4.17%	15.64%	-219.66%
D&A For EBITDA	74.6	68.17	62.64	63.49	71.6	72.14
EBIT	116.67	215.27	176.81	-81.62	-16.99	-236.15
EBIT Margin	12.87%	21.39%	19.19%	-18.78%	-4.87%	-
Effective Tax Rate	35.07%	22.62%	20.38%	-	-	-
Advertising Expenses	-	64.94	53.57	26.44	12.92	9.52

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