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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	4,533	4,544	4,494	1,731	-	-
Other Revenue	78.33	-27.14	-145.33	-107.8	-	0.27
Total Revenue	4,611	4,517	4,363	1,623	-	0.27
Revenue Growth (YoY	0.47%	3.54%	168.77%	-	-	-
Property Expenses	753.68	721.82	686.38	277.49	-	-
Selling, General & Administrative	390.47	385.78	373.18	127.53	0.02	0.04
Other Operating Expenses	-937.69	-937.88	-941.98	-351.08	-	-
Total Operating Expenses	206.47	169.72	117.58	53.94	0.02	0.04
Operating Income	4,405	4,347	4,245	1,569	-0.02	0.23
Interest Expense	-10.27	-10.05	-9.72	-3.95	-	-
EBT Excluding Unusual Items	4,394	4,337	4,235	1,565	-0.02	0.23
Asset Writedown	7,135	7,135	-9,802	113.63	-	-
Pretax Income	11,530	11,473	-5,566	1,679	-0.02	0.23
Income Tax Expense	17.89	9.61	2.81	-	-	-
Net Income	11,512	11,463	-5,569	1,679	-0.02	0.23
Net Income to Common	11,512	11,463	-5,569	1,679	-0.02	0.23
Basic Shares Outstanding	10,727	10,727	10,245	4,154	6	6
Diluted Shares Outstanding	10,727	10,727	10,245	4,154	6	6
Shares Change (YoY)	0.87%	4.70%	146.65%	66359.62%	-	-
EPS (Basic)	1.07	1.07	-0.54	0.40	-0.00	0.04
EPS (Diluted)	1.07	1.07	-0.54	0.40	-0.00	0.04
Dividend Per Share	0.394	0.391	0.389	0.154	-	-
Dividend Growth	0.92%	0.69%	152.40%	-	-	-
Operating Margin	95.52%	96.24%	97.30%	96.68%	-	86.53%
Profit Margin	249.66%	253.77%	-127.65%	103.43%	-	86.53%
Free Cash Flow Margin	92.17%	112.28%	104.29%	153.70%	-	110.15%
EBIT	4,405	4,347	4,245	1,569	-0.02	0.23
EBIT Margin	95.52%	96.24%	97.30%	96.68%	-	86.53%
Effective Tax Rate	0.16%	0.08%	-	-	-	-
Revenue as Reported	12,684	12,590	-4,497	2,088	-	0.27

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