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

Shinhan Alpha REIT Income Statement

Financials in millions KRW. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023	Mar 31, 2023	Sep 30, 2022
Revenue	116,612	116,612	106,839	95,718	100,949	101,128
Revenue Growth (YoY)	15.31%	9.15%	11.62%	-5.18%	-0.18%	4.89%
Cost of Revenue	2,565	2,565	2,043	2,297	2,006	3,019
Gross Profit	114,047	114,047	104,796	93,421	98,943	98,109
Selling, General & Admin	24,289	24,289	26,494	23,686	23,669	23,305
Other Operating Expenses	9,058	9,058	1,613	7,658	1,222	8,762
Operating Expenses	46,492	46,492	40,446	43,142	38,016	45,197
Operating Income	67,555	67,555	64,350	50,279	60,927	52,912
Interest Expense	-60,910	-60,910	-49,673	-35,141	-41,405	-41,524
Interest & Investment Income	2,905	2,905	3,239	1,587	2,079	983.56
Other Non Operating Income (Expenses)	-381.28	-381.28	574.46	95.82	182.64	-28.18
EBT Excluding Unusual Items	9,168	9,168	18,491	16,821	21,784	12,344
Gain (Loss) on Sale of Investments	136.71	136.71	127.09	61.33	-	-
Asset Writedown	-	-	-	-	-8.89	-
Pretax Income	9,305	9,305	18,618	16,883	21,775	12,344
Earnings From Continuing Operations	9,305	9,305	18,618	16,883	21,775	12,344
Earnings From Discontinued Operations	-	-	470.05	122,068	-	-
Net Income to Company	9,305	9,305	19,088	138,951	21,775	12,344
Minority Interest in Earnings	-3,074	-3,074	-3,082	-3,082	-3,066	-2,501
Net Income	6,231	6,231	16,006	135,868	18,710	9,843
Preferred Dividends & Other Adjustments	3,304	3,304	3,304	-	3,288	-
Net Income to Common	2,927	2,927	12,702	135,868	15,422	9,843
Net Income Growth	-36.70%	-61.07%	-88.22%	626.19%	90.09%	2.30%
Shares Outstanding (Basic)	88	88	88	88	74	109
Shares Outstanding (Diluted)	88	88	88	88	74	109
Shares Change (YoY)	-19.44%	-	0.38%	18.88%	-32.49%	108.99%
EPS (Basic)	33.22	33.22	144.17	1548.00	208.88	90.00
EPS (Diluted)	33.22	33.22	144.17	1548.00	208.88	90.00
EPS Growth	-63.09%	-76.96%	-90.69%	641.09%	132.09%	-25.64%
Free Cash Flow	-409,603	-409,603	-344,150	12,551	33,640	-26,988
Free Cash Flow Per Share	-4649.29	-4649.29	-3906.35	143.00	455.64	-246.77
Dividend Per Share	1634.000	1634.000	1656.000	-	770.000	-
Dividend Growth	-	-1.33%	-	-	-	-
Gross Margin	97.80%	97.80%	98.09%	97.60%	98.01%	97.01%
Operating Margin	57.93%	57.93%	60.23%	52.53%	60.35%	52.32%
Profit Margin	2.51%	2.51%	11.89%	141.95%	15.28%	9.73%
Free Cash Flow Margin	-351.25%	-351.25%	-322.12%	13.11%	33.32%	-26.69%
EBITDA	80,700	80,700	76,689	63,000	74,062	66,008
EBITDA Margin	69.20%	69.20%	71.78%	65.82%	73.37%	65.27%
D&A For EBITDA	13,145	13,145	12,339	12,721	13,135	13,096
EBIT	67,555	67,555	64,350	50,279	60,927	52,912
EBIT Margin	57.93%	57.93%	60.23%	52.53%	60.35%	52.32%

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