Sterling Investments Limited (JMSE:SIL)

Apartment Income REIT Income Statement

Financials in millions JMD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	148.91	136.38	103.82	154.76	182.95	140.6
Revenue	148.91	136.38	103.82	154.76	182.95	140.6
Revenue Growth (YoY)	46.72%	31.36%	-32.91%	-15.41%	30.12%	34.54%
Gross Profit	148.91	136.38	103.82	154.76	182.95	140.6
Selling, General & Admin	-	-	-	37.29	-	-
Other Operating Expenses	52.22	57.15	44.87	5.84	48.27	37.83
Operating Expenses	52.22	57.15	44.87	43.14	48.27	37.83
Operating Income	96.69	79.23	58.95	111.62	134.68	102.78
Interest Expense	-23.44	-26.68	-35.08	-16.48	-46.96	-33.04
Currency Exchange Gain (Loss)	36.86	10.62	30.03	-30.27	110.54	79.15
Other Non Operating Income (Expenses)	-0.03	-0.08	0.18	-2.08	0.28	0.46
EBT Excluding Unusual Items	110.09	63.09	54.09	62.8	198.54	149.35
Gain (Loss) on Sale of Investments	-10.43	-1.16	48.83	-20.09	-37.51	-14.09
Pretax Income	99.66	61.93	102.91	42.71	161.04	135.26
Income Tax Expense	-	-	-	-	1.22	0.92
Net Income	99.66	61.93	102.91	42.71	159.81	134.34
Net Income to Common	99.66	61.93	102.91	42.71	159.81	134.34
Net Income Growth	3.53%	-39.82%	140.98%	-73.28%	18.96%	32.79%
Shares Outstanding (Basic)	434	433	431	425	413	376
Shares Outstanding (Diluted)	434	433	431	425	413	376
Shares Change (YoY)	0.56%	0.57%	1.42%	2.73%	9.85%	2.53%
EPS (Basic)	0.23	0.14	0.24	0.10	0.39	0.36
EPS (Diluted)	0.23	0.14	0.24	0.10	0.39	0.36
EPS Growth	2.96%	-40.16%	137.60%	-73.99%	8.29%	29.52%
Dividend Per Share	-	-	0.125	0.173	-	-
Dividend Growth	-	-	-28.00%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	64.93%	58.09%	56.78%	72.13%	73.61%	73.10%
Profit Margin	66.92%	45.41%	99.12%	27.59%	87.36%	95.55%
EBIT	96.69	79.23	58.95	111.62	134.68	102.78
EBIT Margin	64.93%	58.09%	56.78%	72.13%	73.61%	73.10%
Effective Tax Rate	-	-	-	-	0.76%	0.68%
Revenue as Reported	185.77	147.01	133.85	124.48	293.49	219.76

Updated Nov 16, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.