Acrophyte Hospitality Trust (SGX:XZL)

SGX:XZL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	162.98	168.78	175.5	169.02	130.67	78.16
Total Revenue	162.98	168.78	175.5	169.02	130.67	78.16
Revenue Growth (YoY	-6.01%	-3.83%	3.84%	29.34%	67.19%	-54.67%
Property Expenses	122.19	125.58	129.91	134.03	106.61	83.21
Selling, General & Administrative	3.03	3.25	2.77	2.65	2.16	2.84
Depreciation & Amortization	31.17	29.24	28.86	25.29	24.14	25.58
Other Operating Expenses	0.43	-	-	-	-	-
Total Operating Expenses	156.82	158.07	161.54	161.97	132.91	111.63
Operating Income	6.15	10.71	13.95	7.05	-2.24	-33.47
Interest Expense	-22.29	-22.83	-16.13	-12.86	-12.17	-11.77
Interest & Investment Income	0.16	0.07	0.34	0.28	-	0.11
Other Non-Operating Income	-	-	0.03	0.95	1.98	8.81
EBT Excluding Unusual Items	-15.98	-12.05	-1.81	-4.58	-12.42	-36.32
Gain (Loss) on Sale of Assets	4.65	-	-1.37	-0.75	-	-
Asset Writedown	-11.93	-11.93	-11.18	17.32	-5.74	-66.98
Pretax Income	-23.25	-23.98	-14.36	11.99	-18.16	-103.3
Income Tax Expense	-0.42	-0.29	-3.22	2.48	-4.34	-8.83
Net Income	-22.82	-23.69	-11.14	9.51	-13.81	-94.47
Net Income to Common	-22.82	-23.69	-11.14	9.51	-13.81	-94.47
Basic Shares Outstanding	580	580	576	568	567	567
Diluted Shares Outstanding	580	580	576	568	568	567
Shares Change (YoY)	0.24%	0.63%	1.35%	0.16%	0.05%	0.05%
EPS (Basic)	-0.04	-0.04	-0.02	0.02	-0.02	-0.17
EPS (Diluted)	-0.04	-0.04	-0.02	0.02	-0.02	-0.17
Dividend Per Share	0.013	0.016	0.034	0.031	0.004	-
Dividend Growth	-52.17%	-53.50%	12.31%	760.28%	-	-
Operating Margin	3.78%	6.34%	7.95%	4.17%	-1.71%	-42.82%
Profit Margin	-14.00%	-14.04%	-6.35%	5.63%	-10.57%	-120.86%
EBITDA	37.07	39.7	42.52	32.05	21.54	-8.28
EBITDA Margin	22.75%	23.52%	24.23%	18.96%	16.49%	-10.60%
D&A For Ebitda	30.92	28.99	28.57	25	23.78	25.19
EBIT	6.15	10.71	13.95	7.05	-2.24	-33.47
EBIT Margin	3.78%	6.34%	7.95%	4.17%	-1.71%	-42.82%
Effective Tax Rate	-	-	-	20.67%	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.