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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Rental Revenue	2,402	3,037	2,850	10,258
Total Revenue	2,402	3,037	2,850	10,258
Revenue Growth (YoY	-16.89%	6.55%	-72.22%	-
Property Expenses	2,047	2,647	2,422	8,228
Selling, General & Administrative	89.11	93.7	133.56	373.82
Other Operating Expenses	32.7	32.37	32.37	32.28
Total Operating Expenses	2,193	2,791	2,588	8,634
Operating Income	209.54	245.15	261.59	1,624
Interest & Investment Income	9.11	9.11	26.26	-
Other Non-Operating Income	22.26	11.23	67.74	24.42
EBT Excluding Unusual Items	240.91	265.48	355.6	1,649
Gain (Loss) on Sale of Assets	-	-	52.69	-
Pretax Income	240.91	265.48	408.29	1,649
Income Tax Expense	2.77	13.57	137.21	279.21
Net Income	238.14	251.92	271.08	1,369
Net Income to Common	238.14	251.92	271.08	1,369
Net Income Growth	42.01%	-7.07%	-80.20%	-
Basic Shares Outstanding	140	140	140	140
Diluted Shares Outstanding	140	140	140	140
EPS (Basic)	1.70	1.80	1.94	9.78
EPS (Diluted)	1.70	1.80	1.94	9.78
EPS Growth	42.01%	-7.07%	-80.20%	-
Dividend Per Share	1.750	1.750	3.000	-
Dividend Growth	-41.67%	-41.67%	-	-
Operating Margin	8.72%	8.07%	9.18%	15.83%
Profit Margin	9.91%	8.30%	9.51%	13.35%
EBITDA	209.77	245.38	261.83	1,624
EBITDA Margin	8.73%	8.08%	9.19%	15.84%
D&A For Ebitda	0.23	0.23	0.23	0.23
EBIT	209.54	245.15	261.59	1,624
EBIT Margin	8.72%	8.07%	9.18%	15.83%
Effective Tax Rate	1.15%	5.11%	33.61%	16.94%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.