Frasers Hospitality Trust (SGX: ACV)

Frasers Hospitality Trust Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Rental Revenue	132.53	132.53	116.13	87.61	69.81	80.55
Other Revenue	-	-	7.07	8.24	14.52	5.12
Total Revenue	132.53	132.53	123.2	95.86	84.33	85.67
Revenue Growth (YoY	7.57%	7.57%	28.52%	13.67%	-1.57%	-42.81%
Property Expenses	39.52	39.52	33.38	29.59	27.83	30.34
Selling, General & Administrative	7.38	7.38	7.67	7.85	3.97	5.57
Depreciation & Amortization	4.15	4.15	3.83	4.22	3.93	3.92
Other Operating Expenses	6.23	6.23	6.12	4.58	2.33	1.09
Total Operating Expenses	57.28	57.28	49.74	44.95	42.2	42.62
Operating Income	75.25	75.25	73.46	50.91	42.14	43.06
Interest Expense	-26.85	-26.85	-20.9	-20.29	-20.79	-20.04
Interest & Investment Income	-	-	1.61	0.45	0.21	0.33
Currency Exchange Gain (Loss)	0.18	0.18	-1.37	-2.95	-0.03	-0.17
Other Non-Operating Income	2.29	2.29	-0.87	-2.47	-0.67	-0.6
EBT Excluding Unusual Items	50.86	50.86	51.94	25.65	20.86	22.58
Gain (Loss) on Sale of Assets	-	-	-0.05	17.59	-	-
Asset Writedown	-0.6	-0.6	50.73	25.55	3.87	-145.99
Pretax Income	50.26	50.26	102.61	68.78	24.73	-123.41
Income Tax Expense	29.97	29.97	10.71	10.46	8.42	-9.98
Net Income	20.29	20.29	91.9	58.32	16.31	-113.43
Preferred Dividends & Other Adjustments	-	-	-	-	2.72	4.46
Net Income to Common	20.29	20.29	91.9	58.32	13.59	-117.89
Net Income Growth	-77.92%	-77.92%	57.59%	257.60%	-	-
Basic Shares Outstanding	1,932	1,932	1,926	1,926	1,926	1,918
Diluted Shares Outstanding	1,932	1,932	1,926	1,926	1,926	1,918
Shares Change (YoY)	0.32%	0.32%	-	-	0.44%	0.42%
EPS (Basic)	0.01	0.01	0.05	0.03	0.01	-0.06
EPS (Diluted)	0.01	0.01	0.05	0.03	0.01	-0.06
EPS Growth	-77.99%	-77.99%	57.55%	332.53%	-	-
Dividend Per Share	-	-	0.024	0.016	0.010	0.014
Dividend Growth	-	-	49.35%	66.36%	-29.69%	-68.32%
Operating Margin	56.78%	56.78%	59.63%	53.11%	49.96%	50.26%
Profit Margin	15.31%	15.31%	74.60%	60.84%	16.11%	-137.60%
Free Cash Flow Margin	58.04%	58.04%	57.96%	29.52%	46.51%	70.41%
EBITDA	79.4	79.4	77.29	55.13	46.07	46.99
EBITDA Margin	59.91%	59.91%	62.73%	57.51%	54.63%	54.85%
D&A For Ebitda	4.15	4.15	3.83	4.22	3.93	3.93
EBIT	75.25	75.25	73.46	50.91	42.14	43.06
EBIT Margin	56.78%	56.78%	59.63%	53.11%	49.96%	50.26%
Effective Tax Rate	59.63%	59.63%	10.44%	15.21%	34.06%	-
Revenue as Reported	-	-	123.2	95.86	85.53	88.57

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