Sabana Industrial Real Estate Investment Trust (SGX:M1GU)

SGX:M1GU Income Statement

Financials in millions SGD. 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	113.31	111.88	94.91	81.91	71.7
Total Revenue	113.31	111.88	94.91	81.91	71.7
Revenue Growth (YoY	1.28%	17.88%	15.86%	14.24%	-6.07%
Property Expenses	60.61	61.46	46.06	34.62	31.37
Selling, General & Administrative	1.4	1.4	1.69	1.03	3.85
Total Operating Expenses	62	62.86	47.75	35.65	35.22
Operating Income	51.31	49.02	47.16	46.27	36.48
Interest Expense	-21.1	-16.61	-17.6	-15.46	-13.56
Interest & Investment Income	0.15	0.16	0.09	0.03	0.01
Other Non-Operating Income	-2.31	-5.73	8.82	1.98	-3.21
EBT Excluding Unusual Items	28.05	26.83	38.46	32.82	19.73
Asset Writedown	-9.34	-3.56	14.3	16	-61.94
Other Unusual Items	-6.75	-4.64	-	-	-
Pretax Income	11.96	18.63	52.77	48.82	-42.21
Income Tax Expense	0.58	0.56	-	-	-
Net Income	11.37	18.07	52.77	48.82	-42.21
Net Income to Common	11.37	18.07	52.77	48.82	-42.21
Net Income Growth	-37.08%	-65.75%	8.09%	-	-
Basic Shares Outstanding	1,122	1,104	1,084	1,058	1,053
Diluted Shares Outstanding	1,122	1,104	1,084	1,058	1,053
Shares Change (YoY)	1.68%	1.84%	2.44%	0.45%	-
EPS (Basic)	0.01	0.02	0.05	0.05	-0.04
EPS (Diluted)	0.01	0.02	0.05	0.05	-0.04
EPS Growth	-38.33%	-66.37%	5.52%	-	-
Dividend Per Share	0.029	0.028	0.030	0.030	0.028
Dividend Growth	3.62%	-9.51%	0%	10.51%	-5.48%
Operating Margin	45.28%	43.81%	49.69%	56.48%	50.88%
Profit Margin	10.04%	16.15%	55.60%	59.60%	-58.87%
Free Cash Flow Margin	31.37%	39.76%	51.13%	59.64%	55.98%
EBIT	51.31	49.02	47.16	46.27	36.48
EBIT Margin	45.28%	43.81%	49.69%	56.48%	50.88%
Effective Tax Rate	4.88%	2.98%	-	-	-

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