Second Chance Properties Ltd (SGX: 528)

Second Chance Properties Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Feb 29, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Revenue	40.37	41.91	43.11	36.58	23.95	30.76
Revenue Growth (YoY)	-3.50%	-2.80%	17.85%	52.73%	-22.14%	-2.69%
Cost of Revenue	14.37	15.76	19.4	19.05	11.54	14.94
Gross Profit	26	26.15	23.71	17.53	12.42	15.82
Selling, General & Admin	5.29	5.77	5.72	5.14	4.45	5.88
Other Operating Expenses	1.3	1.31	0.67	0.29	0	0
Operating Expenses	6.59	7.07	6.39	5.44	4.45	5.88
Operating Income	19.41	19.07	17.33	12.1	7.97	9.94
Interest Expense	-3.22	-3.08	-0.88	-0.44	-0.27	-0.76
Interest & Investment Income	0	0	0	0.1	0.38	0.42
Currency Exchange Gain (Loss)	-0.59	2.42	-3.21	0.16	0.1	-0.15
Other Non Operating Income (Expenses)	1.01	0.18	0.13	0.13	0.14	0.31
EBT Excluding Unusual Items	16.61	18.59	13.36	12.04	8.31	9.77
Gain (Loss) on Sale of Investments	-0.55	-0.55	-0.01	-0.01	-4.19	-2.63
Gain (Loss) on Sale of Assets	1.59	4.46	0.8	0.68	0.18	-0.27
Asset Writedown	-2.25	-2.25	0.77	-2.03	-1.11	-1.41
Other Unusual Items	-	-	-	0.06	0.54	-
Pretax Income	15.4	20.25	14.92	10.74	3.73	5.46
Income Tax Expense	0.6	0.59	0.72	0.91	-0.72	0.71
Net Income	14.8	19.66	14.2	9.82	4.45	4.75
Net Income to Common	14.8	19.66	14.2	9.82	4.45	4.75
Net Income Growth	-21.31%	38.46%	44.51%	120.99%	-6.32%	-40.00%
Shares Outstanding (Basic)	925	927	854	753	755	755
Shares Outstanding (Diluted)	925	927	854	753	755	755
Shares Change (YoY)	-0.44%	8.60%	13.34%	-0.26%	0.02%	0.06%
EPS (Basic)	0.02	0.02	0.02	0.01	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01	0.01
EPS Growth	-20.86%	27.71%	27.69%	120.86%	-6.33%	-40.04%
Free Cash Flow	10.62	10.73	18.97	11.15	5.39	9.39
Free Cash Flow Per Share	0.01	0.01	0.02	0.01	0.01	0.01
Dividend Per Share	0.005	0.005	0.010	0.005	0.004	0.004
Dividend Growth	-45.00%	-45.00%	100.00%	11.11%	12.50%	33.33%
Gross Margin	64.40%	62.39%	55.00%	47.93%	51.83%	51.44%
Operating Margin	48.08%	45.51%	40.18%	33.07%	33.26%	32.31%
Profit Margin	36.65%	46.90%	32.92%	26.85%	18.56%	15.42%
Free Cash Flow Margin	26.30%	25.60%	44.00%	30.48%	22.52%	30.53%
EBITDA	19.55	19.2	17.45	12.23	8.11	10.09
EBITDA Margin	48.42%	45.83%	40.48%	33.43%	33.86%	32.79%
D&A For EBITDA	0.14	0.13	0.13	0.13	0.14	0.15
EBIT	19.41	19.07	17.33	12.1	7.97	9.94
EBIT Margin	48.08%	45.51%	40.18%	33.06%	33.26%	32.31%
Effective Tax Rate	3.91%	2.92%	4.83%	8.52%	-	13.03%
Advertising Expenses	-	0.56	0.56	0.51	0.36	0.48

Source: S&P Capital IQ. Standard template. Financial Sources.