Workspace Group Plc (LON:WKP)

Workspace Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	185.2	184.3	174.2	132.9	142.3
Total Revenue	185.2	184.3	174.2	132.9	142.3
Revenue Growth (YoY	0.49%	5.80%	31.08%	-6.61%	-11.83%
Property Expenses	63.1	58.1	57.6	46.2	60.8
Selling, General & Administrative	23.3	25.3	21.5	19.3	19
Total Operating Expenses	86.4	83.4	79.1	65.5	79.8
Operating Income	98.8	100.9	95.1	67.4	62.5
Interest Expense	-32.6	-35.1	-34.6	-20.5	-23.8
Interest & Investment Income	0.6	0.2	0.2	-	-
EBT Excluding Unusual Items	66.8	66	60.7	46.9	38.7
Merger & Restructuring Charges	-	-	-1.9	-	-
Gain (Loss) on Sale of Investments	-	-	-	0.6	-
Gain (Loss) on Sale of Assets	-1.9	-6.4	-5.9	7.8	-0.3
Asset Writedown	-55.9	-251.2	-88	68.7	-257.7
Other Unusual Items	-3.6	-1.2	-2.4	-	-16.4
Pretax Income	5.4	-192.8	-37.5	124	-235.7
Income Tax Expense	-	-0.3	0.3	0.1	-
Earnings From Continuing Operations	5.4	-192.5	-37.8	123.9	-235.7
Net Income	5.4	-192.5	-37.8	123.9	-235.7
Net Income to Common	5.4	-192.5	-37.8	123.9	-235.7
Basic Shares Outstanding	192	192	190	181	181
Diluted Shares Outstanding	194	192	190	182	181
Shares Change (YoY)	1.09%	0.63%	4.66%	0.63%	-0.34%
EPS (Basic)	0.03	-1.00	-0.20	0.68	-1.30
EPS (Diluted)	0.03	-1.00	-0.20	0.68	-1.30
Dividend Per Share	0.284	0.280	0.258	0.215	0.177
Dividend Growth	1.43%	8.53%	20.00%	21.13%	-50.91%
Operating Margin	53.35%	54.75%	54.59%	50.71%	43.92%
Profit Margin	2.92%	-104.45%	-21.70%	93.23%	-165.64%
EBITDA	101.1	103.2	97.4	70.1	65.4
EBITDA Margin	54.59%	56.00%	55.91%	52.75%	45.96%
D&A For Ebitda	2.3	2.3	2.3	2.7	2.9
EBIT	98.8	100.9	95.1	67.4	62.5
EBIT Margin	53.35%	54.75%	54.59%	50.71%	43.92%
Effective Tax Rate	-	-	-	0.08%	-

Updated Nov 22, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.