Hotel Grand Central Limited (SGX: H18)

Hotel Grand Central Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	144.22	149.13	143.51	123.06	93.07	154.7
Revenue Growth (YoY)	-5.96%	3.91%	16.62%	32.23%	-39.84%	-4.49%
Cost of Revenue	89.3	89.64	82.11	70.88	54.59	93.65
Gross Profit	54.93	59.48	61.4	52.18	38.48	61.05
Selling, General & Admin	15.29	15.29	13.41	9.07	5.83	5.82
Other Operating Expenses	4.95	4.95	4.8	4.89	4.32	5.31
Operating Expenses	36.37	36.46	33.97	30.13	26.14	27.29
Operating Income	18.55	23.02	27.42	22.06	12.33	33.76
Interest Expense	-0.53	-0.36	-0.4	-0.58	-1.69	-2.45
Interest & Investment Income	12.75	11.28	4.71	1.54	2.22	4.07
Earnings From Equity Investments	-1.53	-0.39	-0.23	-0.15	-0.7	-0.45
Currency Exchange Gain (Loss)	0.23	-1.34	-7.11	-3.34	7.11	-1.85
Other Non Operating Income (Expenses)	0.3	0.05	0.08	0.65	0.2	0.06
EBT Excluding Unusual Items	29.77	32.26	24.46	20.17	19.47	33.14
Impairment of Goodwill	-	-	-	-0.08	-	-0.66
Gain (Loss) on Sale of Investments	1.82	1.82	0.5	-0.52	-0.94	1.96
Gain (Loss) on Sale of Assets	-	-	-	1.76	7.99	-0.11
Asset Writedown	-9.77	-9.77	-11.96	-1.54	11.69	3.99
Pretax Income	21.82	24.32	13	19.8	38.22	38.32
Income Tax Expense	12.86	12.44	12.15	5.85	0.89	11.85
Net Income	8.96	11.87	0.85	13.95	37.33	26.47
Net Income to Common	8.96	11.87	0.85	13.95	37.33	26.47
Net Income Growth	52.36%	1305.09%	-93.94%	-62.62%	41.04%	1.53%
Shares Outstanding (Basic)	738	739	739	732	727	727
Shares Outstanding (Diluted)	738	739	739	732	727	727
Shares Change (YoY)	-0.16%	-	1.03%	0.74%	-	3.00%
EPS (Basic)	0.01	0.02	0.00	0.02	0.05	0.04
EPS (Diluted)	0.01	0.02	0.00	0.02	0.05	0.04
EPS Growth	53.44%	1359.73%	-94.23%	-62.90%	41.15%	-1.50%
Free Cash Flow	-10.37	-13.89	8.24	14.06	10.67	22.8
Free Cash Flow Per Share	-0.01	-0.02	0.01	0.02	0.01	0.03
Dividend Per Share	0.020	0.020	0.020	0.010	0.020	0.040
Dividend Growth	0%	0%	100.00%	-50.00%	-50.00%	0%
Gross Margin	38.08%	39.89%	42.78%	42.40%	41.34%	39.46%
Operating Margin	12.86%	15.44%	19.11%	17.92%	13.25%	21.82%
Profit Margin	6.21%	7.96%	0.59%	11.34%	40.11%	17.11%
Free Cash Flow Margin	-7.19%	-9.31%	5.74%	11.42%	11.47%	14.74%
EBITDA	40	44.56	47.9	38.06	28.18	49.82
EBITDA Margin	27.74%	29.88%	33.38%	30.93%	30.28%	32.20%
D&A For EBITDA	21.45	21.54	20.48	16.01	15.85	16.06
EBIT	18.55	23.02	27.42	22.06	12.33	33.76
EBIT Margin	12.86%	15.44%	19.11%	17.92%	13.25%	21.82%
Effective Tax Rate	58.93%	51.17%	93.50%	29.55%	2.34%	30.93%
Revenue as Reported	145.89	150.55	144.54	126.18	93.71	155.26

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