Ground Rents Income Fund PLC (LON: GRIO)

Ground Rents Income Fund Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Rental Revenue	5.81	5.72	5.6	5.69	6.07	5.64
Total Revenue	5.81	5.72	5.6	5.69	6.07	5.64
Revenue Growth (YoY	1.50%	2.29%	-1.72%	-6.14%	7.59%	5.25%
Property Expenses	1.25	1.15	0.94	1.01	1.16	0.59
Selling, General & Administrative	1.65	1.74	1.04	0.83	1.05	0.84
Other Operating Expenses	0.29	0.34	0.07	0.06	0.09	0.09
Total Operating Expenses	3.2	3.23	2.05	1.9	2.3	1.52
Operating Income	2.61	2.5	3.55	3.8	3.76	4.12
Interest Expense	-0.94	-0.82	-0.71	-0.63	-0.64	-0.75
Interest & Investment Income	0.08	0.05	0	0	0.02	0.03
Other Non-Operating Income	-0.02	-0.03	-0.04	0.01	-0.06	-0.03
EBT Excluding Unusual Items	1.74	1.7	2.8	3.18	3.09	3.37
Gain (Loss) on Sale of Assets	0.29	0.06	0.02	0.34	0.32	0.49
Asset Writedown	-26.06	-2.89	-10.34	-4.73	-0.54	-4.88
Total Legal Settlements	-	-	-	-0.5	-1.55	-1.26
Other Unusual Items	-	-	-	2.9	-2.9	-
Pretax Income	-24.04	-1.12	-7.52	1.19	-1.59	-2.29
Net Income	-24.04	-1.12	-7.52	1.19	-1.59	-2.29
Net Income to Common	-24.04	-1.12	-7.52	1.19	-1.59	-2.29
Basic Shares Outstanding	96	96	96	97	97	97
Diluted Shares Outstanding	96	96	96	101	97	97
Shares Change (YoY)	-0.01%	-0.26%	-5.19%	4.29%	0.00%	0.29%
EPS (Basic)	-0.25	-0.01	-0.08	0.01	-0.02	-0.02
EPS (Diluted)	-0.25	-0.01	-0.08	0.01	-0.02	-0.02
Dividend Per Share	-	0.005	0.030	0.037	0.040	0.040
Dividend Growth	-	-83.33%	-19.35%	-6.06%	0%	0%
Operating Margin	44.98%	43.63%	63.43%	66.70%	62.02%	73.11%
Profit Margin	-413.74%	-19.65%	-134.39%	20.95%	-26.15%	-40.60%
Free Cash Flow Margin	20.85%	12.85%	52.74%	39.90%	35.20%	56.24%
EBIT	2.61	2.5	3.55	3.8	3.76	4.12
EBIT Margin	44.98%	43.63%	63.43%	66.70%	62.02%	73.11%

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