Hotel Royal Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	74.14	66.75	58.34	41.89	26.28
Revenue Growth (YoY)	11.07%	14.42%	39.27%	59.40%	-14.17%
Cost of Revenue	39.74	36.16	28.24	24.75	21.2
Gross Profit	34.4	30.6	30.1	17.14	5.08
Selling, General & Admin	17.4	16.37	18	12.2	11.17
Other Operating Expenses	0.2	0	0.06	1.9	4.94
Operating Expenses	17.6	16.38	18.05	14.11	16.1
Operating Income	16.8	14.22	12.05	3.04	-11.02
Interest Expense	-5.82	-7.54	-8.36	-5.8	-4.16
Interest & Investment Income	0.17	0.19	0.86	-	-
Currency Exchange Gain (Loss)	-0.4	0.39	0.63	-1.26	-1.47
Other Non Operating Income (Expenses)	0.37	0.7	0.41	1.01	2.17
EBT Excluding Unusual Items	11.11	7.97	5.59	-3.01	-14.48
Gain (Loss) on Sale of Investments	0.23	0.07	0.16	-0.68	-0.01
Gain (Loss) on Sale of Assets	-0.01	-0.1	-0.03	-	9.92
Asset Writedown	2	1.93	2.32	0.76	-7.11
Other Unusual Items	-	-	-	-	8.33
Pretax Income	13.32	9.86	8.04	-2.93	-3.36
Income Tax Expense	3.29	3.17	3.02	0.51	0.37
Net Income	10.04	6.69	5.01	-3.44	-3.73
Net Income to Common	10.04	6.69	5.01	-3.44	-3.73
Net Income Growth	50.09%	33.35%	-	-	-
Shares Outstanding (Basic)	121	121	121	103	101
Shares Outstanding (Diluted)	121	121	121	103	101
Shares Change (YoY)	-	-	17.73%	1.67%	0.25%
EPS (Basic)	0.08	0.06	0.04	-0.03	-0.04
EPS (Diluted)	0.08	0.06	0.04	-0.03	-0.04
EPS Growth	50.09%	33.35%	-	-	-
Free Cash Flow	12.03	-2.31	-9.76	-1.89	-5.47
Free Cash Flow Per Share	0.10	-0.02	-0.08	-0.02	-0.05
Dividend Per Share	0.030	0.027	0.025	0.025	0.025
Dividend Growth	11.11%	8.00%	-	-	-
Gross Margin	46.40%	45.84%	51.59%	40.92%	19.33%
Operating Margin	22.66%	21.30%	20.65%	7.25%	-41.93%
Profit Margin	13.54%	10.02%	8.59%	-8.21%	-14.18%
Free Cash Flow Margin	16.23%	-3.46%	-16.74%	-4.52%	-20.81%
EBITDA	24.18	21.3	18.01	10.04	-3.37
EBITDA Margin	32.61%	31.91%	30.87%	23.96%	-12.84%
D&A For EBITDA	7.38	7.08	5.96	7	7.65
EBIT	16.8	14.22	12.05	3.04	-11.02
EBIT Margin	22.66%	21.30%	20.65%	7.25%	-41.93%
Effective Tax Rate	24.67%	32.19%	37.60%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.