Lavastone Ltd (MUSE:LAVA.I0000)

Lavastone Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Rental Revenue	355.01	334.57	253.44	234.5	175.26	161.06
Tenant Reimbursements	50.19	50.19	42.45	42.76	32.02	29.03
Other Revenue	4.58	13.11	103.94	5.78	5.9	1.87
Total Revenue	409.78	397.87	399.83	283.04	213.17	191.96
Revenue Growth (YoY	4.36%	-0.49%	41.26%	32.78%	11.05%	18.19%
Property Expenses	59.75	59.38	54.02	49.96	43.29	44.58
Selling, General & Administrative	87.19	87.45	69.54	67.27	59.96	49.52
Other Operating Expenses	5.68	12.99	62.73	-	-	-
Total Operating Expenses	154.79	162	189.36	113.29	107.77	97.26
Operating Income	254.99	235.87	210.47	169.76	105.4	94.69
Interest Expense	-76.86	-83.88	-69.62	-34.9	-15.6	-17.72
Interest & Investment Income	7.72	7.72	11.51	1.76	0.96	5.75
Currency Exchange Gain (Loss)	-0.26	0.1	-9.84	42.91	-12.37	-
Other Non-Operating Income	24.13	24.13	21.01	17.31	16.35	-
EBT Excluding Unusual Items	209.72	183.94	163.54	196.82	94.74	82.73
Gain (Loss) on Sale of Investments	13.51	-	6.76	-	1.38	3.02
Gain (Loss) on Sale of Assets	-	-	-	28.94	-4.32	3.37
Asset Writedown	31.95	28.95	76.22	-16.94	105.88	-195.25
Pretax Income	255.19	212.89	246.51	208.83	197.68	-106.13
Income Tax Expense	43.16	37.09	30.11	28.62	35.46	-2.39
Earnings From Continuing Operations	212.02	175.79	216.4	180.21	162.22	-103.74
Minority Interest in Earnings	-	-	-	-7.31	-2.66	7.78
Net Income	212.02	175.79	216.4	172.9	159.56	-95.97
Net Income to Common	212.02	175.79	216.4	172.9	159.56	-95.97
Net Income Growth	-3.88%	-18.77%	25.16%	8.36%	-	-
Basic Shares Outstanding	681	681	681	681	681	681
Diluted Shares Outstanding	681	681	681	681	681	681
Shares Change (YoY)	-	-	-	-	-	41.92%
EPS (Basic)	0.31	0.26	0.32	0.25	0.23	-0.14
EPS (Diluted)	0.31	0.26	0.32	0.25	0.23	-0.14
EPS Growth	-3.88%	-18.77%	25.16%	8.36%	-	-
Dividend Per Share	0.080	0.080	0.070	0.060	0.040	0.020
Dividend Growth	6.67%	14.29%	16.67%	50.00%	100.00%	-50.00%
Operating Margin	62.23%	59.28%	52.64%	59.98%	49.45%	49.33%
Profit Margin	51.74%	44.18%	54.12%	61.09%	74.85%	-49.99%
EBITDA	257.74	238.54	213.04	173.25	107.57	95.92
EBITDA Margin	62.90%	59.96%	53.28%	61.21%	50.46%	49.97%
D&A For Ebitda	2.75	2.67	2.57	3.5	2.17	1.22
EBIT	254.99	235.87	210.47	169.76	105.4	94.69
EBIT Margin	62.23%	59.28%	52.64%	59.98%	49.45%	49.33%
Effective Tax Rate	16.91%	17.42%	12.21%	13.70%	17.94%	-
Revenue as Reported	422.49	414.24	405.07	287.32	216.01	196.58

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.