Afine Investments Limited (JSE: ANI)

Afine Investments Income Statement

Financials in millions ZAR. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 29, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Rental Revenue	44.77	44.77	43.29	29.69	-
Other Revenue	-	-	-	3.64	-47.42
Total Revenue	44.77	44.77	43.29	33.33	-47.42
Revenue Growth (YoY	3.42%	3.42%	29.90%	-	-
Property Expenses	3.62	3.62	2.93	2.02	-
Selling, General & Administrative	1.74	1.74	1.83	2.46	-
Depreciation & Amortization	0.03	0.03	0.05	-	-
Other Operating Expenses	0.39	0.39	0.47	0.56	-
Total Operating Expenses	5.79	5.79	3.15	5.04	-
Operating Income	38.98	38.98	40.15	28.28	-47.42
Interest Expense	-12.11	-12.11	-10.01	-5.06	-
Interest & Investment Income	0.1	0.1	0.19	0.28	-
Currency Exchange Gain (Loss)	-	-	-	0.09	-
Other Non-Operating Income	-	-	-	-0	-
EBT Excluding Unusual Items	26.98	26.98	30.32	23.59	-47.42
Gain (Loss) on Sale of Investments	-	-	-	30.48	-
Asset Writedown	41.71	41.71	-6.5	130.41	-
Other Unusual Items	-	-	1.06	25.15	33.07
Pretax Income	68.69	68.69	24.88	209.63	-14.35
Income Tax Expense	-	-	0.05	-29.77	-
Net Income	68.69	68.69	24.83	239.4	-14.35
Net Income to Common	68.69	68.69	24.83	239.4	-14.35
Net Income Growth	176.62%	176.62%	-89.63%	-	-
Basic Shares Outstanding	73	73	73	51	64
Diluted Shares Outstanding	73	73	73	51	64
Shares Change (YoY)	-	-	42.12%	-20.25%	-
EPS (Basic)	0.95	0.95	0.34	4.69	-0.22
EPS (Diluted)	0.95	0.95	0.34	4.69	-0.22
EPS Growth	176.66%	176.66%	-92.70%	-	-
Dividend Per Share	0.410	0.410	0.399	0.528	-
Dividend Growth	2.76%	2.76%	-24.43%	-	-
Operating Margin	87.06%	87.06%	92.73%	84.86%	-
Profit Margin	153.42%	153.42%	57.36%	718.30%	-
Free Cash Flow Margin	88.16%	88.16%	85.65%	103.10%	-
EBITDA	39.02	39.02	40.2	-	-
EBITDA Margin	87.14%	87.14%	92.85%	-	-
D&A For Ebitda	0.03	0.03	0.05	-	-
EBIT	38.98	38.98	40.15	28.28	-47.42
EBIT Margin	87.06%	87.06%	92.73%	84.86%	-
Effective Tax Rate	-	-	0.20%	-	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.