LHN Limited (SGX: 41O)

LHN Limited Income Statement

Financials in millions SGD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Rental Revenue	105.31	93.64	84.46	120.98	134.21	111.09
Total Revenue	105.31	93.64	84.46	120.98	134.21	111.09
Revenue Growth (YoY	37.99%	10.87%	-30.18%	-9.86%	20.81%	1.66%
Property Expenses	38.12	35.66	34.5	54.43	70.57	83.68
Selling, General & Administrative	37.55	38.43	33.09	34.27	31.86	25.49
Other Operating Expenses	-	-	-	-	0.27	1.45
Total Operating Expenses	75.91	74.52	67.93	88.92	105.06	110.86
Operating Income	29.4	19.13	16.53	32.05	29.16	0.24
Interest Expense	-10.25	-8.9	-4.5	-4.86	-5.13	-1.33
Interest & Investment Income	2.28	1.89	1.44	1.35	1.59	0.29
Income (Loss) on Equity Investments	4.68	1.73	15.44	3.67	0.56	4.53
Currency Exchange Gain (Loss)	-0.42	-1.45	0.9	-0.07	-0.56	0.66
Other Non-Operating Income	2.47	8.82	12.69	7.29	10.54	2.27
EBT Excluding Unusual Items	28.15	21.22	42.5	39.42	36.16	6.65
Gain (Loss) on Sale of Investments	-0.52	7.24	-	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.08	0.02	0.24	-	1.51
Asset Writedown	-8.75	-7.91	7.94	-11.6	-11.81	0.48
Other Unusual Items	1.47	2.36	4.66	6.19	4.97	0.28
Pretax Income	20.39	22.98	55.12	34.26	29.32	8.93
Income Tax Expense	3.76	4.07	4.98	5.4	4.63	0.2
Earnings From Continuing Operations	16.63	18.92	50.14	28.86	24.69	8.72
Earnings From Discontinued Operations	18.55	21.3	-2.62	-	-	-
Net Income to Company	35.17	40.22	47.51	28.86	24.69	8.72
Minority Interest in Earnings	-0.93	-2.01	-1.68	-0.8	-0.54	-0.54
Net Income	34.25	38.21	45.84	28.06	24.14	8.19
Net Income to Common	34.25	38.21	45.84	28.06	24.14	8.19
Net Income Growth	-10.37%	-16.64%	63.34%	16.23%	194.94%	51.40%
Basic Shares Outstanding	409	409	409	404	402	402
Diluted Shares Outstanding	411	409	409	404	402	402
Shares Change (YoY)	0.56%	-	1.17%	0.44%	-	2.61%
EPS (Basic)	0.08	0.09	0.11	0.07	0.06	0.02
EPS (Diluted)	0.08	0.09	0.11	0.07	0.06	0.02
EPS Growth	-10.81%	-16.64%	61.45%	15.73%	194.95%	47.54%
Dividend Per Share	0.020	0.020	0.016	0.018	0.013	0.005
Dividend Growth	11.11%	25.00%	-8.57%	40.00%	150.00%	-
Operating Margin	27.92%	20.43%	19.57%	26.50%	21.73%	0.22%
Profit Margin	32.52%	40.80%	54.27%	23.20%	17.99%	7.37%
Free Cash Flow Margin	38.88%	57.74%	48.81%	47.04%	36.18%	15.42%
EBITDA	36.62	26.58	24.73	39.24	36.34	6.91
EBITDA Margin	34.78%	28.38%	29.28%	32.44%	27.08%	6.22%
D&A For Ebitda	7.22	7.45	8.2	7.19	7.19	6.67
EBIT	29.4	19.13	16.53	32.05	29.16	0.24
EBIT Margin	27.92%	20.43%	19.57%	26.50%	21.73%	0.22%
Effective Tax Rate	18.45%	17.69%	9.04%	15.76%	15.80%	2.27%

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