UB Finance PLC (COSE: UBF.N0000)

UB Finance Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Interest and Dividend Income	2,084	2,143	2,013	1,522
Total Interest Expense	1,353	1,399	1,274	678.98
Net Interest Income	731.24	743.46	738.95	843.34
Commissions and Fees	67.63	62.98	47.7	54.01
Other Revenue	6.92	6.92	20.8	23.14
Revenue Before Loan Losses	805.79	813.35	807.45	920.49
Provision for Loan Losses	35.96	59.17	332.66	264.06
Revenue	769.83	754.18	474.79	656.43
Revenue Growth (YoY)	39.43%	58.85%	-27.67%	-
Salaries & Employee Benefits	297.6	291.45	270.02	216.7
Cost of Services Provided	21.9	17.23	11.84	32.13
Other Operating Expenses	347.22	324.22	252.09	199.73
Total Operating Expenses	731.13	694.12	589.03	498.26
Operating Income	38.71	60.06	-114.24	158.18
EBT Excluding Unusual Items	38.71	60.06	-114.24	158.18
Pretax Income	40.2	61.55	-113.45	161.43
Income Tax Expense	61.19	60.08	-	80.31
Net Income	-20.99	1.47	-113.45	81.12
Net Income to Common	-20.99	1.47	-113.45	81.12
Shares Outstanding (Basic)	3,178	2,734	2,700	1,209
Shares Outstanding (Diluted)	3,178	2,734	2,700	1,209
Shares Change (YoY)	-	1.27%	123.39%	-
EPS (Basic)	-0.01	0.00	-0.04	0.07
EPS (Diluted)	-0.01	0.00	-0.04	0.07
Free Cash Flow	-389.29	1,388	1,928	-1,136
Free Cash Flow Per Share	-0.12	0.51	0.71	-0.94
Operating Margin	5.03%	7.96%	-24.06%	24.10%
Profit Margin	-2.73%	0.20%	-23.90%	12.36%
Free Cash Flow Margin	-50.57%	183.98%	406.17%	-173.01%
Effective Tax Rate	152.20%	97.61%	-	49.75%

Source: S&P Capital IQ. Financial Services template. Financial Sources.