MHC.U Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Rental Revenue	83.14	71.05	58.8	43.08	33.22	30.51
Total Revenue	83.14	71.05	58.8	43.08	33.22	30.51
Revenue Growth (YoY	22.28%	20.84%	36.50%	29.68%	8.85%	-
Property Expenses	28.2	24.14	19.87	14.41	11.23	11.02
Selling, General & Administrative	10.28	9.12	7.82	5.78	5.03	5.01
Depreciation & Amortization	0.46	0.4	0.29	0.17	0.1	0.06
Total Operating Expenses	38.96	33.65	27.92	20.38	16.36	16.11
Operating Income	44.18	37.4	30.88	22.69	16.86	14.4
Interest Expense	-21.24	-17.68	-14.11	-10.92	-9.81	-9.95
Interest & Investment Income	0.22	0.2	0.12	-	-	-
Other Non-Operating Income	1.57	1.21	1.12	1.12	1.08	-0.17
EBT Excluding Unusual Items	24.73	21.14	18.02	12.89	8.13	4.27
Merger & Restructuring Charges	-	-	-	-0.24	-21.22	-
Asset Writedown	54.3	42.05	7.95	78.81	11.83	-
Other Unusual Items	-3.59	1.92	16.71	-31.46	190.62	44.39
Pretax Income	76.88	65.1	42.68	60.01	189.35	48.66
Net Income	76.88	65.1	42.68	60.01	189.35	48.66
Net Income to Common	76.88	65.1	42.68	60.01	189.35	48.66
Net Income Growth	16.66%	52.52%	-28.87%	-68.31%	289.11%	-
Basic Shares Outstanding	17	15	14	9	7	-
Diluted Shares Outstanding	23	21	20	15	12	-
Shares Change (YoY)	12.08%	5.85%	27.99%	25.17%	-	-
EPS (Basic)	4.47	4.29	3.02	6.53	26.85	-
EPS (Diluted)	3.37	3.13	2.17	3.91	15.44	-
EPS Growth	4.51%	44.24%	-44.50%	-74.68%	-	-
Dividend Per Share	0.588	0.566	0.540	0.514	0.472	-
Dividend Growth	5.11%	4.97%	4.94%	8.94%	-	-
Operating Margin	53.14%	52.64%	52.52%	52.68%	50.76%	47.20%
Profit Margin	92.47%	91.62%	72.59%	139.31%	570.06%	159.47%
Free Cash Flow Margin	61.11%	55.67%	52.78%	57.63%	46.28%	-
EBITDA	44.65	37.8	31.17	22.87	16.96	14.47
EBITDA Margin	53.70%	53.20%	53.01%	53.08%	51.05%	47.41%
D&A For Ebitda	0.46	0.4	0.29	0.17	0.1	0.06
EBIT	44.18	37.4	30.88	22.69	16.86	14.4
EBIT Margin	53.14%	52.64%	52.52%	52.68%	50.76%	47.20%
Funds From Operations (FFO)	27.35	24.63	21.2	15.87	10.79	-
FFO Per Share	1.20	1.19	1.08	1.03	0.88	-
Adjusted Funds From Operations (AFFO)	-	21.56	18.3	13.46	-	-
AFFO Per Share	-	1.04	0.93	0.88	-	-
FFO Payout Ratio	36.70%	34.64%	35.84%	31.29%	20.21%	-

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