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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Rental Revenue	3,037	3,037	2,850	10,258
Total Revenue	3,037	3,037	2,850	10,258
Revenue Growth (YoY	6.55%	6.55%	-72.22%	-
Property Expenses	2,647	2,647	2,422	8,228
Selling, General & Administrative	93.7	93.7	133.56	373.82
Other Operating Expenses	64.56	64.56	32.37	32.28
Total Operating Expenses	2,824	2,824	2,588	8,634
Operating Income	212.96	212.96	261.59	1,624
Other Non-Operating Income	20.33	20.33	94	24.42
EBT Excluding Unusual Items	233.29	233.29	355.6	1,649
Gain (Loss) on Sale of Assets	-	-	52.69	-
Pretax Income	233.29	233.29	408.29	1,649
Income Tax Expense	-18.63	-18.63	137.21	279.21
Net Income	251.92	251.92	271.08	1,369
Net Income to Common	251.92	251.92	271.08	1,369
Net Income Growth	-7.07%	-7.07%	-80.20%	-
Basic Shares Outstanding	140	140	140	140
Diluted Shares Outstanding	140	140	140	140
Shares Change (YoY)	0.02%	0.02%	-	-
EPS (Basic)	1.80	1.80	1.94	9.78
EPS (Diluted)	1.80	1.80	1.94	9.78
EPS Growth	-7.09%	-7.09%	-80.20%	-
Dividend Per Share	1.750	1.750	3.000	-
Dividend Growth	-41.67%	-41.67%	-	-
Operating Margin	7.01%	7.01%	9.18%	15.83%
Profit Margin	8.30%	8.30%	9.51%	13.35%
Free Cash Flow Margin	-	-	-36.55%	-48.35%
EBITDA	213.19	213.19	261.83	1,624
EBITDA Margin	7.02%	7.02%	9.19%	15.84%
D&A For Ebitda	0.23	0.23	0.23	0.23
EBIT	212.96	212.96	261.59	1,624
EBIT Margin	7.01%	7.01%	9.18%	15.83%
Effective Tax Rate	-	-	33.61%	16.94%

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