Globe Residency REIT (PSX: GRR)

Globe Residency REIT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Rental Revenue	2,913	3,037	2,850	10,258
Total Revenue	2,913	3,037	2,850	10,258
Revenue Growth (YoY	3.79%	6.55%	-72.22%	-
Property Expenses	2,540	2,647	2,422	8,228
Selling, General & Administrative	109.06	93.7	133.56	373.82
Other Operating Expenses	27.01	32.37	32.37	32.28
Total Operating Expenses	2,695	2,791	2,588	8,634
Operating Income	217.81	245.15	261.59	1,624
Interest & Investment Income	9.46	9.11	26.26	-
Other Non-Operating Income	11.23	11.23	67.74	24.42
EBT Excluding Unusual Items	238.49	265.48	355.6	1,649
Gain (Loss) on Sale of Assets	-	-	52.69	-
Pretax Income	238.49	265.48	408.29	1,649
Income Tax Expense	-15.01	13.57	137.21	279.21
Net Income	253.5	251.92	271.08	1,369
Net Income to Common	253.5	251.92	271.08	1,369
Net Income Growth	-7.64%	-7.07%	-80.20%	-
Basic Shares Outstanding	140	140	140	140
Diluted Shares Outstanding	140	140	140	140
EPS (Basic)	1.81	1.80	1.94	9.78
EPS (Diluted)	1.81	1.80	1.94	9.78
EPS Growth	-7.64%	-7.07%	-80.20%	-
Dividend Per Share	1.750	1.750	3.000	-
Dividend Growth	-41.67%	-41.67%	-	-
Operating Margin	7.48%	8.07%	9.18%	15.83%
Profit Margin	8.70%	8.30%	9.51%	13.35%
Free Cash Flow Margin	-2.46%	0.83%	-36.55%	-48.35%
EBITDA	218.02	245.38	261.83	1,624
EBITDA Margin	7.49%	8.08%	9.19%	15.84%
D&A For Ebitda	0.21	0.23	0.23	0.23
EBIT	217.81	245.15	261.59	1,624
EBIT Margin	7.48%	8.07%	9.18%	15.83%
Effective Tax Rate	-	5.11%	33.61%	16.94%

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