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	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	923.45	1,006	921.49	434.7	349.17	74.67
Revenue Growth (YoY)	-8.63%	9.19%	111.98%	24.50%	367.64%	-84.74%
Cost of Revenue	391.61	367.97	329.83	203.38	125.2	78.42
Gross Profit	531.84	638.17	591.66	231.31	223.97	-3.75
Selling, General & Admin	404.31	422.9	414.85	312.93	240.96	232.4
Operating Expenses	404.31	422.9	414.85	312.93	240.96	232.4
Operating Income	127.54	215.27	176.81	-81.62	-16.99	-236.15
Interest Expense	-7.97	-7.68	-7.35	-7.82	-11.74	-15.71
Interest & Investment Income	53.48	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)	-0.49	-	-	-0	-	-
EBT Excluding Unusual Items	182.67	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	193.72	305.12	266.7	-0.68	27.28	-182.61
Income Tax Expense	48.9	69.01	54.36	19.16	-5.77	-7.01
Net Income	144.82	236.11	212.34	-19.84	33.05	-175.61
Net Income to Common	144.82	236.11	212.34	-19.84	33.05	-175.61
Net Income Growth	-30.04%	11.19%	-	-	-	-
Shares Outstanding (Basic)	111	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111	111
EPS (Basic)	1.31	2.13	1.91	-0.18	0.30	-1.58
EPS (Diluted)	1.31	2.13	1.91	-0.18	0.30	-1.58
EPS Growth	-30.58%	11.19%	-	-	-	-
Free Cash Flow	-484.77	142.94	233.32	-35.24	55.43	-172.64
Free Cash Flow Per Share	-4.38	1.29	2.10	-0.32	0.50	-1.56
Gross Margin	57.59%	63.43%	64.21%	53.21%	64.14%	-5.03%
Operating Margin	13.81%	21.39%	19.19%	-18.78%	-4.87%	-316.28%
Profit Margin	15.68%	23.47%	23.04%	-4.57%	9.46%	-235.19%
Free Cash Flow Margin	-52.50%	14.21%	25.32%	-8.11%	15.88%	-231.21%
EBITDA	211.82	283.44	239.45	-18.13	54.61	-164.01
EBITDA Margin	22.94%	28.17%	25.99%	-4.17%	15.64%	-219.66%
D&A For EBITDA	84.28	68.17	62.64	63.49	71.6	72.14
EBIT	127.54	215.27	176.81	-81.62	-16.99	-236.15
EBIT Margin	13.81%	21.39%	19.19%	-18.78%	-4.87%	-
Effective Tax Rate	25.24%	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.