City Lodge Hotels Income Statement

Financials in millions ZAR. Fiscal year is July - June.

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	1,997	1,931	1,715	1,104	507.82
Other Revenue	68.67	11.85	9.41	5.88	2.17
Revenue	2,066	1,942	1,724	1,110	509.99
Revenue Growth (YoY)	6.37%	12.66%	55.36%	117.61%	-56.19%
Cost of Revenue	1,200	1,154	1,031	747.41	413.72
Gross Profit	866.4	788.47	692.99	362.38	96.27
Selling, General & Admin	40.93	44.4	38.79	13.39	1.78
Other Operating Expenses	191.87	170.26	163.1	126.24	229.55
Operating Expenses	412.66	389.12	378.71	326.04	439.4
Operating Income	453.74	399.35	314.29	36.34	-343.13
Interest Expense	-136.23	-136.52	-148.43	-179.48	-177.42
Interest & Investment Income	1.81	3.34	12.21	0.82	7.75
Currency Exchange Gain (Loss)	-7.91	-11.75	40.45	80.79	-
Other Non Operating Income (Expenses)	-	-	-	-	-27.1
EBT Excluding Unusual Items	311.41	254.42	218.52	-61.52	-539.9
Impairment of Goodwill	-	-	-8.98	-	-10.6
Gain (Loss) on Sale of Assets	-	-	-	88.28	-9.6
Asset Writedown	-	-	-17.46	57.18	-341.5
Other Unusual Items	-	-	27	-	-
Pretax Income	311.41	254.42	219.08	83.93	-901.6
Income Tax Expense	98.43	65.76	55.33	2.2	-96.99
Net Income	212.98	188.67	163.75	81.73	-804.61
Net Income to Common	212.98	188.67	163.75	81.73	-804.61
Net Income Growth	12.89%	15.22%	100.35%	-	-
Shares Outstanding (Basic)	555	567	572	572	501
Shares Outstanding (Diluted)	556	568	573	573	501
Shares Change (YoY)	-2.16%	-0.89%	0.00%	14.34%	1268.63%
EPS (Basic)	0.38	0.33	0.29	0.14	-1.61
EPS (Diluted)	0.38	0.33	0.29	0.14	-1.61
EPS Growth	15.36%	16.08%	100.04%	-	-
Free Cash Flow	-13.4	135.2	277.83	105.91	-327.84
Free Cash Flow Per Share	-0.02	0.24	0.48	0.18	-0.65
Dividend Per Share	0.150	0.150	0.130	-	-
Dividend Growth	-	15.38%	-	-	-
Gross Margin	41.93%	40.59%	40.19%	32.65%	18.88%
Operating Margin	21.96%	20.56%	18.23%	3.27%	-67.28%
Profit Margin	10.31%	9.71%	9.50%	7.36%	-157.77%
Free Cash Flow Margin	-0.65%	6.96%	16.11%	9.54%	-64.28%
EBITDA	534.97	472.48	376.44	120.64	-229.74
EBITDA Margin	25.89%	24.32%	21.83%	10.87%	-45.05%
D&A For EBITDA	81.23	73.13	62.15	84.3	113.39
EBIT	453.74	399.35	314.29	36.34	-343.13
EBIT Margin	21.96%	20.56%	18.23%	3.27%	-67.28%
Effective Tax Rate	31.61%	25.85%	25.26%	2.62%	-
Advertising Expenses	25.63	28.87	24.82	8.08	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.