Shinhan Alpha REIT Co., Ltd. (KRX: 293940)

Shinhan Alpha REIT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022
Period Ending	Mar 31, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022	Mar 31, 2022
Revenue	106,839	106,839	95,718	100,949	101,128	96,415
Revenue Growth (YoY)	10.81%	11.62%	-5.18%	-0.18%	4.89%	15.20%
Cost of Revenue	2,043	2,043	2,297	2,006	3,019	1,637
Gross Profit	104,796	104,796	93,421	98,943	98,109	94,778
Selling, General & Admin	26,494	26,494	23,686	23,669	23,305	22,505
Other Operating Expenses	1,613	1,613	7,658	1,222	8,762	1,979
Operating Expenses	40,446	40,446	43,142	38,016	45,197	37,225
Operating Income	64,350	64,350	50,279	60,927	52,912	57,553
Interest Expense	-49,673	-49,673	-35,141	-41,405	-41,524	-46,436
Interest & Investment Income	3,239	3,239	1,587	2,079	983.56	566.24
Other Non Operating Income (Expenses)	574.46	574.46	95.82	182.64	-28.18	425.53
EBT Excluding Unusual Items	18,491	18,491	16,821	21,784	12,344	12,109
Gain (Loss) on Sale of Investments	127.09	127.09	61.33	-	-	-
Asset Writedown	-	-	-	-8.89	-	-
Pretax Income	18,618	18,618	16,883	21,775	12,344	12,109
Earnings From Continuing Operations	18,618	18,618	16,883	21,775	12,344	12,109
Earnings From Discontinued Operations	470.05	470.05	122,068	-	-	-
Net Income to Company	19,088	19,088	138,951	21,775	12,344	12,109
Minority Interest in Earnings	-3,082	-3,082	-3,082	-3,066	-2,501	-2,487
Net Income	16,006	16,006	135,868	18,710	9,843	9,621
Preferred Dividends & Other Adjustments	3,304	3,304	-	3,288	-	3,288
Net Income to Common	12,702	12,702	135,868	15,422	9,843	6,333
Net Income Growth	66.35%	-88.22%	626.19%	90.09%	2.30%	180.93%
Shares Outstanding (Basic)	88	88	88	74	109	52
Shares Outstanding (Diluted)	88	88	88	74	109	52
Shares Change (YoY)	68.35%	0.38%	18.88%	-32.49%	108.99%	-
EPS (Basic)	144.17	144.17	1548.00	208.88	90.00	121.03
EPS (Diluted)	144.17	144.17	1548.00	208.88	90.00	121.03
EPS Growth	19.12%	-90.69%	641.09%	132.09%	-25.64%	5514.65%
Free Cash Flow	-344,150	-344,150	12,551	33,640	-26,988	39,862
Free Cash Flow Per Share	-3906.35	-3906.35	143.00	455.64	-246.77	761.74
Dividend Per Share	1656.000	1656.000	-	770.000	-	384.000
Dividend Growth	331.25%	-	-	-	-	8.47%
Gross Margin	98.09%	98.09%	97.60%	98.01%	97.01%	98.30%
Operating Margin	60.23%	60.23%	52.53%	60.35%	52.32%	59.69%
Profit Margin	11.89%	11.89%	141.95%	15.28%	9.73%	6.57%
Free Cash Flow Margin	-322.12%	-322.12%	13.11%	33.32%	-26.69%	41.34%
EBITDA	76,689	76,689	63,000	74,062	66,008	70,294
EBITDA Margin	71.78%	71.78%	65.82%	73.37%	65.27%	72.91%
D&A For EBITDA	12,339	12,339	12,721	13,135	13,096	12,741
EBIT	64,350	64,350	50,279	60,927	52,912	57,553
EBIT Margin	60.23%	60.23%	52.53%	60.35%	52.32%	59.69%

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