Manulife US Real Estate Investment Trust (SGX:BTOU)

SGX:BTOU Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	167.58	208.03	202.56	185.1	194.31
Total Revenue	167.58	208.03	202.56	185.1	194.31
Revenue Growth (YoY	-19.44%	2.70%	9.43%	-4.74%	9.25%
Property Expenses	91.96	101.25	98.18	84.11	87.37
Selling, General & Administrative	2.77	3.24	2.7	2.78	2.93
Total Operating Expenses	94.73	104.49	100.88	86.89	90.31
Operating Income	72.85	103.54	101.68	98.21	104.01
Interest Expense	-58.35	-61.22	14.41	-14.84	-41.33
Interest & Investment Income	3.28	0.62	0.05	0.02	0.17
Other Non-Operating Income	-2.57	-0.27	-0.33	-0.39	-0.31
EBT Excluding Unusual Items	15.21	42.66	115.79	83	62.54
Gain (Loss) on Sale of Assets	-1.62	-0.91	-	-	-
Asset Writedown	-187.94	-438.56	-263.63	-42.42	-128.52
Other Unusual Items	-3.75	-0.18	-	-0.02	-
Pretax Income	-178.1	-396.99	-147.84	40.56	-65.98
Income Tax Expense	-0.1	-17.03	-18.12	1.15	-22.7
Net Income	-178	-379.96	-129.72	39.41	-43.28
Net Income to Common	-178	-379.96	-129.72	39.41	-43.28
Basic Shares Outstanding	1,777	1,777	1,767	1,603	1,576
Diluted Shares Outstanding	1,777	1,777	1,767	1,603	1,576
Shares Change (YoY)	-	0.55%	10.23%	1.74%	12.59%
EPS (Basic)	-0.10	-0.21	-0.07	0.02	-0.03
EPS (Diluted)	-0.10	-0.21	-0.07	0.02	-0.03
Dividend Per Share	-	-	0.048	0.053	0.056
Dividend Growth	-	-	-10.88%	-5.50%	-5.37%
Operating Margin	43.47%	49.77%	50.20%	53.06%	53.52%
Profit Margin	-106.22%	-182.65%	-64.04%	21.29%	-22.28%
EBITDA	81.84	111.88	106.03	100.14	104.03
EBITDA Margin	48.83%	53.78%	52.34%	54.10%	53.54%
D&A For Ebitda	8.99	8.35	4.35	1.93	0.02
EBIT	72.85	103.54	101.68	98.21	104.01
EBIT Margin	43.47%	49.77%	50.20%	53.06%	53.52%
Effective Tax Rate	-	-	-	2.82%	-

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.