Paragon REIT (SGX: SK6U)

Paragon REIT Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Rental Revenue	293.2	288.93	282.31	281.86	277.18	241.46
Total Revenue	293.2	288.93	282.31	281.86	277.18	241.46
Revenue Growth (YoY	3.71%	2.34%	0.16%	1.69%	14.79%	5.61%
Property Expenses	94.88	95.07	93.34	93.1	94.99	78.77
Selling, General & Administrative	4.49	5.64	6.23	3.49	4.95	4.43
Total Operating Expenses	99.37	100.71	99.57	98.26	102.75	91.29
Operating Income	193.83	188.22	182.74	183.6	174.43	150.17
Interest Expense	-62.34	-61	-29.41	-23.06	-19.15	-29.46
Interest & Investment Income	4.44	3.96	0.89	0.51	0.2	1.78
Currency Exchange Gain (Loss)	-0.34	-0.81	3.1	0.99	-0.57	0.92
Other Non-Operating Income	4.48	6.41	2.74	-2.07	-4.85	-3.44
EBT Excluding Unusual Items	140.07	136.77	160.06	159.96	150.06	119.96
Asset Writedown	129.31	10.44	25.34	38.88	3.42	-179.94
Pretax Income	269.38	147.2	185.39	198.84	153.49	-59.98
Income Tax Expense	3.34	0.36	2.77	2.57	1.4	4.05
Earnings From Continuing Operations	266.04	146.85	182.62	196.27	152.09	-64.02
Minority Interest in Earnings	1.27	1.46	-1.11	-1.13	-2.44	1.45
Net Income	267.31	148.31	181.51	195.14	149.65	-62.57
Preferred Dividends & Other Adjustments	12.33	12.3	12.31	12.3	12.3	12.33
Net Income to Common	254.98	136.01	169.2	182.84	137.35	-74.91
Net Income Growth	66.02%	-18.29%	-6.98%	30.40%	-	-
Basic Shares Outstanding	2,838	2,834	2,811	2,808	2,785	2,723
Diluted Shares Outstanding	2,838	2,834	2,811	2,808	2,785	2,723
Shares Change (YoY)	0.76%	0.79%	0.12%	0.82%	2.29%	5.18%
EPS (Basic)	0.09	0.05	0.06	0.07	0.05	-0.03
EPS (Diluted)	0.09	0.05	0.06	0.07	0.05	-0.03
EPS Growth	70.18%	-20.25%	-7.57%	32.04%	-	-
Dividend Per Share	0.049	0.050	0.054	0.055	0.054	0.027
Dividend Growth	-7.17%	-7.55%	-1.63%	2.22%	98.53%	-51.43%
Operating Margin	66.11%	65.14%	64.73%	65.14%	62.93%	62.19%
Profit Margin	86.96%	47.07%	59.94%	64.87%	49.55%	-31.02%
Free Cash Flow Margin	67.51%	66.51%	73.32%	70.44%	73.07%	68.88%
EBITDA	193.96	188.43	183.03	183.9	174.68	150.4
EBITDA Margin	66.15%	65.22%	64.83%	65.24%	63.02%	62.29%
D&A For Ebitda	0.13	0.21	0.29	0.3	0.26	0.22
EBIT	193.83	188.22	182.74	183.6	174.43	150.17
EBIT Margin	66.11%	65.14%	64.73%	65.14%	62.93%	62.19%
Effective Tax Rate	1.24%	0.24%	1.49%	1.29%	0.91%	-

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