Greystone Housing Impact Investors LP (GHI)

GHI Income Statement

Financials in millions USD. 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
Interest and Dividend Income	90.49	100.02	73.22	59.39	48.52
Total Interest Expense	60.03	69.07	43.56	21.94	21.22
Net Interest Income	30.45	30.96	29.66	37.45	27.31
Other Revenue	0.79	4.88	7.86	9.06	7.01
Revenue Before Loan Losses	31.24	35.83	37.51	46.51	34.31
Provision for Loan Losses	-1.04	-2.35	-	2.3	8.23
Revenue	32.28	38.18	37.51	44.21	26.08
Revenue Growth (YoY)	-15.47%	1.78%	-15.14%	69.49%	-30.63%
Salaries & Employee Benefits	1.89	2.01	1.53	1.28	1.02
Cost of Services Provided	17.76	21.05	20.65	17.54	16.36
Total Operating Expenses	19.68	24.6	24.9	21.55	20.18
Operating Income	12.6	13.58	12.61	22.66	5.9
Earnings From Equity Investments	-2.14	-0.02	-	-	-
EBT Excluding Unusual Items	18.95	20.93	25.71	22.66	5.9
Gain (Loss) on Sale of Investments	2.34	22.73	39.81	15.52	1.42
Pretax Income	21.36	54.02	65.51	38.16	7.29
Income Tax Expense	0.03	0.01	-0.05	0.06	0.08
Earnings From Continuing Ops.	21.32	54.01	65.56	38.1	7.21
Net Income to Company	21.32	54.01	65.56	38.1	7.21
Minority Interest in Earnings	-0.48	-3.59	-3.47	-2.83	0.03
Net Income	20.84	50.42	62.09	35.27	7.24
Preferred Dividends & Other Adjustments	3.26	3.21	3.15	3.01	2.94
Net Income to Common	17.59	47.21	58.95	32.26	4.3
Net Income Growth	-58.66%	-18.79%	76.05%	387.04%	-74.49%
Shares Outstanding (Basic)	23	23	23	21	21
Shares Outstanding (Diluted)	23	23	23	21	21
Shares Change (YoY)	0.62%	0.26%	6.61%	2.25%	0.09%
EPS (Basic)	0.76	2.06	2.58	1.50	0.21
EPS (Diluted)	0.76	2.06	2.58	1.50	0.20
EPS Growth	-63.09%	-20.12%	71.40%	643.68%	-83.33%
Free Cash Flow	17.99	24.14	19.32	33.78	15.42
Free Cash Flow Per Share	0.78	1.05	0.84	1.57	0.74
Dividend Per Share	1.478	1.466	1.287	1.208	0.881
Dividend Growth	0.85%	13.87%	6.50%	37.15%	-39.00%
Operating Margin	39.04%	35.57%	33.62%	51.25%	22.61%
Profit Margin	54.49%	123.65%	157.13%	72.97%	16.50%
Free Cash Flow Margin	55.75%	63.22%	51.50%	76.42%	59.14%
Effective Tax Rate	0.15%	0.02%	-	0.17%	1.10%
Revenue as Reported	91.27	104.9	81.07	68.45	55.53

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