Real Estate Investments Zambia PLC (LUSE:REIZUSD)

LUSE:REIZUSD Income Statement

Financials in millions ZMW. 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	159.32	65.34	55.89	58.8	62.52
Other Revenue	9.35	9.62	-	-	-
Total Revenue	168.66	74.96	55.89	58.8	62.52
Revenue Growth (YoY	125.00%	34.11%	-4.94%	-5.95%	-7.23%
Property Expenses	56.48	28.84	10.03	12.17	15.27
Selling, General & Administrative	7.96	10.84	10.7	11.72	11.38
Other Operating Expenses	4.1	9.52	6.84	-0.12	-0.29
Total Operating Expenses	68.54	49.2	34.25	31.62	37.66
Operating Income	100.12	25.76	21.65	27.19	24.87
Interest Expense	-44.1	-22.56	-28.95	-33.29	-40.23
Interest & Investment Income	1.3	-	0.02	0.04	0.02
Currency Exchange Gain (Loss)	-110.64	-60.32	-11.86	93.24	-150.89
EBT Excluding Unusual Items	-53.32	-57.12	-19.15	87.17	-166.23
Gain (Loss) on Sale of Assets	-7.91	-	-	-2.5	0.19
Asset Writedown	637.71	22.82	81.52	-403.43	141.72
Pretax Income	576.48	-34.3	62.37	-318.76	-24.32
Income Tax Expense	-	-	-	5.75	5.54
Net Income	576.48	-34.3	62.37	-324.51	-29.85
Net Income to Common	576.48	-34.3	62.37	-324.51	-29.85
Basic Shares Outstanding	865	215	77	56	56
Diluted Shares Outstanding	867	215	79	56	56
Shares Change (YoY)	303.36%	171.01%	40.46%	-	-
EPS (Basic)	0.67	-0.16	0.81	-5.75	-0.53
EPS (Diluted)	0.67	-0.16	0.81	-5.75	-0.53
Dividend Per Share	0.056	-	-	-	-
Operating Margin	59.36%	34.37%	38.73%	46.23%	39.77%
Profit Margin	341.80%	-45.76%	111.59%	-551.88%	-47.75%
EBITDA	101.89	27.64	23.58	28.91	26.93
EBITDA Margin	60.41%	36.88%	42.18%	49.17%	43.06%
D&A For Ebitda	1.77	1.88	1.93	1.73	2.06
EBIT	100.12	25.76	21.65	27.19	24.87
EBIT Margin	59.36%	34.37%	38.73%	46.23%	39.77%

Updated Mar 16, 2020. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.