Al-Salam Real Estate Investment Trust (KLSE:ALSREIT)

KLSE:ALSREIT Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	68.5	69.47	67.9	69	82.35
Other Revenue	9.95	6.82	3.9	2.54	3.75
Total Revenue	78.45	76.28	71.8	71.54	86.1
Revenue Growth (YoY	2.84%	6.24%	0.36%	-16.91%	-9.28%
Property Expenses	29.65	27.96	22.82	19.03	23.45
Selling, General & Administrative	1.73	3.46	0.93	0.66	0.93
Total Operating Expenses	31.38	31.43	23.89	29.21	37.78
Operating Income	47.08	44.86	47.91	42.33	48.32
Interest Expense	-40.5	-36.49	-28.38	-26.04	-28.89
Interest & Investment Income	0.9	0.94	0.51	0.33	0.45
Other Non-Operating Income	-	-	-0.72	-0.69	-0.9
EBT Excluding Unusual Items	7.48	9.3	19.33	15.93	18.98
Asset Writedown	-1.95	12.58	46.67	-12.74	-31.26
Pretax Income	5.53	21.88	66	3.19	-12.29
Income Tax Expense	0.25	0.18	0.59	-0.02	1.25
Net Income	5.28	21.7	65.42	3.2	-13.53
Net Income to Common	5.28	21.7	65.42	3.2	-13.53
Net Income Growth	-75.65%	-66.83%	1941.68%	-	-
Basic Shares Outstanding	581	580	580	580	580
Diluted Shares Outstanding	581	580	580	580	580
Shares Change (YoY)	0.08%	0.05%	-	-	-
EPS (Basic)	0.01	0.04	0.11	0.01	-0.02
EPS (Diluted)	0.01	0.04	0.11	0.01	-0.02
EPS Growth	-75.67%	-66.84%	1941.74%	-	-
Dividend Per Share	0.007	0.012	0.025	0.023	0.021
Dividend Growth	-41.67%	-52.00%	8.70%	10.58%	-56.21%
Operating Margin	60.01%	58.80%	66.72%	59.17%	56.12%
Profit Margin	6.74%	28.45%	91.11%	4.48%	-15.72%
EBITDA	47.25	45.06	48.09	42.5	48.48
EBITDA Margin	60.23%	59.07%	66.97%	59.41%	56.31%
D&A For Ebitda	0.18	0.2	0.18	0.17	0.16
EBIT	47.08	44.86	47.91	42.33	48.32
EBIT Margin	60.01%	58.80%	66.72%	59.17%	56.12%
Effective Tax Rate	4.47%	0.83%	0.89%	-	-
Revenue as Reported	78.45	76.28	71.8	71.54	86.1

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