Happy World Property Income Statement

Financials in millions MUR. Fiscal year is July - June.

Millions MUR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	Jun '20 Jun 30, 2020
Rental Revenue	119.53	105.6	99.46	60.9	43.18	51.22
Other Revenue	1	0.87	0.16	0.31	-	-
Total Revenue	120.52	106.47	99.62	61.21	43.18	51.22
Revenue Growth (YoY	15.15%	6.88%	62.75%	41.74%	-15.68%	-
Property Expenses	91.1	91.1	79.58	-	-	-
Selling, General & Administrative	5.26	-	-	22.85	21.69	31.68
Depreciation & Amortization	-	-	-	6.05	-	-
Other Operating Expenses	-	-	-	7.41	-	-
Total Operating Expenses	96.36	91.1	79.58	36.31	21.69	31.68
Operating Income	24.16	15.37	20.04	24.9	21.5	19.54
Interest Expense	-22.69	-15.24	-11.86	-3.78	-1.77	-15.21
Currency Exchange Gain (Loss)	0.61	0.61	0.72	-0.96	0.7	0.24
Other Non-Operating Income	-	-	-0.25	-	0	-
EBT Excluding Unusual Items	2.08	0.75	8.66	20.16	20.43	4.57
Merger & Restructuring Charges	-	-	-1.03	-4.23	-	-
Impairment of Goodwill	-9.29	-9.29	-	-	-	-
Gain (Loss) on Sale of Assets	-1.81	-1.81	-4.81	0	-	-
Asset Writedown	5.89	5.89	13.87	21	-	40.9
Other Unusual Items	-0.24	-0.24	-2.79	-2.24	-	-
Pretax Income	-3.37	-4.71	13.9	34.7	20.43	45.47
Income Tax Expense	2.84	2.84	-0.7	4.04	-2.98	-
Net Income	-6.21	-7.55	14.59	30.66	23.41	45.47
Net Income to Common	-6.21	-7.55	14.59	30.66	23.41	45.47
Net Income Growth	-	-	-52.40%	30.94%	-48.51%	-
Basic Shares Outstanding	40	40	41	40	40	40
Diluted Shares Outstanding	40	40	41	40	40	40
Shares Change (YoY)	-12.83%	-1.99%	1.82%	-0.46%	-	-
EPS (Basic)	-0.16	-0.19	0.36	0.77	0.59	1.14
EPS (Diluted)	-0.16	-0.19	0.36	0.77	0.59	1.14
EPS Growth	-	-	-53.25%	31.55%	-48.51%	-
Dividend Per Share	-	0.056	-	-	-	-
Operating Margin	20.05%	14.44%	20.12%	40.68%	49.79%	38.15%
Profit Margin	-5.16%	-7.09%	14.65%	50.09%	54.22%	88.78%
EBITDA	36.57	26.58	29.64	27.47	-	-
EBITDA Margin	30.34%	24.96%	29.75%	44.87%	-	-
D&A For Ebitda	12.41	11.2	9.6	2.57	-	-
EBIT	24.16	15.37	20.04	24.9	21.5	19.54
EBIT Margin	20.05%	14.44%	20.12%	40.68%	49.79%	38.15%
Effective Tax Rate	-	-	-	11.64%	-	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.