RL Commercial REIT, Inc. (PSE: RCR)

RL Commercial REIT Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	5,909	4,544	4,494	1,731	-	-
Other Revenue	-39.18	-27.14	-145.33	-107.8	-	0.27
Total Revenue	5,869	4,517	4,363	1,623	-	0.27
Revenue Growth (YoY	29.33%	3.54%	168.77%	-	-	-
Property Expenses	1,175	721.82	686.38	277.49	-	-
Selling, General & Administrative	592.58	385.78	373.18	127.53	0.02	0.04
Other Operating Expenses	-1,307	-937.88	-941.98	-351.08	-	-
Total Operating Expenses	460.53	169.72	117.58	53.94	0.02	0.04
Operating Income	5,409	4,347	4,245	1,569	-0.02	0.23
Interest Expense	-26.55	-10.05	-9.72	-3.95	-	-
EBT Excluding Unusual Items	5,382	4,337	4,235	1,565	-0.02	0.23
Asset Writedown	7,135	7,135	-9,802	113.63	-	-
Pretax Income	12,518	11,473	-5,566	1,679	-0.02	0.23
Income Tax Expense	19.4	9.61	2.81	-	-	-
Net Income	12,498	11,463	-5,569	1,679	-0.02	0.23
Net Income to Common	12,498	11,463	-5,569	1,679	-0.02	0.23
Basic Shares Outstanding	10,878	10,727	10,245	4,154	6	6
Diluted Shares Outstanding	10,878	10,727	10,245	4,154	6	6
Shares Change (YoY)	1.39%	4.70%	146.65%	66359.62%	-	-
EPS (Basic)	1.15	1.07	-0.54	0.40	-0.00	0.04
EPS (Diluted)	1.15	1.07	-0.54	0.40	-0.00	0.04
Dividend Per Share	0.397	0.391	0.389	0.154	-	-
Dividend Growth	1.56%	0.69%	152.40%	-	-	-
Operating Margin	92.15%	96.24%	97.30%	96.68%	-	86.53%
Profit Margin	212.94%	253.77%	-127.65%	103.43%	-	86.53%
Free Cash Flow Margin	76.83%	112.28%	104.29%	153.70%	-	110.15%
EBIT	5,409	4,347	4,245	1,569	-0.02	0.23
EBIT Margin	92.15%	96.24%	97.30%	96.68%	-	86.53%
Effective Tax Rate	0.15%	0.08%	-	-	-	-
Revenue as Reported	14,312	12,590	-4,497	2,088	-	0.27

Source: S&P Capital IQ. Real Estate template. Financial Sources.