Tangerine Beach Hotels PLC (COSE:TANG.N0000)

Tangerine Beach Hotels Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,058	964.69	569.19	321.33	133.46
Revenue Growth (YoY)	9.72%	69.48%	77.13%	140.77%	-77.43%
Cost of Revenue	350.15	357.35	243.24	113.92	49.82
Gross Profit	708.28	607.34	325.95	207.41	83.64
Selling, General & Admin	653.18	623.38	496.19	339.4	296.42
Other Operating Expenses	-1.75	0.52	0.78	0.45	0.36
Operating Expenses	651.43	623.91	496.96	339.85	296.78
Operating Income	56.85	-16.57	-171.02	-132.43	-213.13
Interest Expense	-2.77	-1.65	-1.58	-1.72	-0.63
Interest & Investment Income	9.23	59.12	73.09	27.4	41.63
Earnings From Equity Investments	4.01	48.04	-30.41	-6.33	-36.61
Currency Exchange Gain (Loss)	-	-12.03	10.48	15.41	6.75
Other Non Operating Income (Expenses)	-	-	-0	-0	0
EBT Excluding Unusual Items	67.31	76.9	-119.44	-97.67	-202
Gain (Loss) on Sale of Assets	-	-	-	2.73	2.04
Asset Writedown	-4.18	-2.94	-	-	-
Pretax Income	63.13	73.97	-119.44	-94.94	-199.95
Income Tax Expense	-2.86	-3.45	81.33	5.97	9.5
Net Income	65.99	77.42	-200.76	-100.91	-209.46
Net Income to Common	65.99	77.42	-200.76	-100.91	-209.46
Net Income Growth	-14.77%	-	-	-	-
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change (YoY)	-0.02%	-	-	-	-
EPS (Basic)	3.30	3.87	-10.04	-5.05	-10.47
EPS (Diluted)	3.30	3.87	-10.04	-5.05	-10.47
EPS Growth	-14.75%	-	-	-	-
Free Cash Flow	85.49	-143.73	-199.72	-99.7	-96.94
Free Cash Flow Per Share	4.28	-7.19	-9.99	-4.99	-4.85
Gross Margin	66.92%	62.96%	57.27%	64.55%	62.67%
Operating Margin	5.37%	-1.72%	-30.04%	-41.21%	-159.70%
Profit Margin	6.24%	8.03%	-35.27%	-31.40%	-156.94%
Free Cash Flow Margin	8.08%	-14.90%	-35.09%	-31.03%	-72.63%
EBITDA	133.83	57.34	-98.25	-60.75	-137.46
EBITDA Margin	12.64%	5.94%	-17.26%	-18.91%	-103.00%
D&A For EBITDA	76.98	73.91	72.76	71.69	75.67
EBIT	56.85	-16.57	-171.02	-132.43	-213.13
EBIT Margin	5.37%	-1.72%	-30.04%	-41.21%	-159.70%
Advertising Expenses	-	11.64	9.68	1.22	3.67

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.