Horizon Group Properties, Inc. (HGPI)

Horizon Group Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY null	FY 2023	FY null	FY 2022
Period Ending	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Jun 30, 2023	Dec 31, 2022
Rental Revenue	0.47	-	0.52	-	0.45
Tenant Reimbursements	0.12	-	0.13	-	0.1
Property Management Fees	4.72	-	3.33	-	2.52
Other Revenue	8.81	-	10.58	-	4.95
Total Revenue	15.8	-	14.74	-	8.01
Property Expenses	0.71	-	0.61	-	0.6
Selling, General & Administrative	6.02	-	6.49	-	3.57
Depreciation & Amortization	0.23	-	0.19	-	0.2
Other Operating Expenses	0.01	-	0	-	0.01
Total Operating Expenses	6.97	-	7.29	-	4.38
Operating Income	8.83	-	7.45	-	3.64
Interest Expense	-1.61	-	-0.13	-	-0.26
EBT Excluding Unusual Items	7.22	-	7.32	-	3.38
Gain (Loss) on Sale of Assets	0.84	-	-	-	4.57
Pretax Income	8.06	-	7.32	-	7.95
Earnings From Continuing Operations	8.06	-	7.32	-	7.95
Net Income to Company	8.06	-	7.32	-	7.95
Minority Interest in Earnings	-0.98	-	-0.66	-	-1.13
Net Income	7.08	-	6.66	-	6.82
Net Income to Common	7.08	-	6.66	-	6.82
Net Income Growth	-	-	-	-	172.11%
Basic Shares Outstanding	10	-	10	-	10
Diluted Shares Outstanding	10	-	10	-	10
Shares Change (YoY)	-	-	-	-	-0.00%
EPS (Basic)	0.72	-	0.68	-	0.70
EPS (Diluted)	0.72	-	0.68	-	0.70
EPS Growth	-	-	-	-	172.11%
Operating Margin	55.87%	-	50.54%	-	45.37%
Profit Margin	44.77%	-	45.18%	-	85.09%
EBITDA	9.06	-	7.64	-	3.82
EBITDA Margin	57.30%	-	51.83%	-	47.64%
D&A For Ebitda	0.23	-	0.19	-	0.18
EBIT	8.83	-	7.45	-	3.64
EBIT Margin	55.87%	-	50.54%	-	45.37%
Revenue as Reported	7.58	-	4.29	-	3.08

Updated Jul 8, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.