Greystone Housing Impact Investors LP (GHI)

GHI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	92.32	100.02	73.22	59.39	48.52	51.07
Total Interest Expense	61.04	69.07	43.56	21.94	21.22	24.72
Net Interest Income	31.28	30.96	29.66	37.45	27.31	26.36
Other Revenue	1.55	4.88	7.86	9.06	7.01	11.24
Revenue Before Loan Losses	32.83	35.83	37.51	46.51	34.31	37.6
Provision for Loan Losses	-1.48	-2.35	-	2.3	8.23	-
Revenue	34.31	38.18	37.51	44.21	26.08	37.6
Revenue Growth (YoY)	28.98%	1.78%	-15.14%	69.49%	-30.63%	-28.58%
Salaries & Employee Benefits	1.93	2.01	1.53	1.28	1.02	3.64
Cost of Services Provided	18.4	21.05	20.65	17.54	16.36	16.4
Total Operating Expenses	20.66	24.6	24.9	21.55	20.18	23.13
Operating Income	13.65	13.58	12.61	22.66	5.9	14.47
Earnings From Equity Investments	-0.84	-0.02	-	-	-	-
EBT Excluding Unusual Items	5.89	20.93	25.71	22.66	5.9	14.47
Gain (Loss) on Sale of Investments	1.07	22.73	39.81	15.52	1.42	16.14
Pretax Income	17.39	54.02	65.51	38.16	7.29	30.54
Income Tax Expense	-0.01	0.01	-0.05	0.06	0.08	0.05
Earnings From Continuing Ops.	17.39	54.01	65.56	38.1	7.21	30.49
Net Income to Company	17.39	54.01	65.56	38.1	7.21	30.49
Minority Interest in Earnings	-0.16	-3.59	-3.47	-2.83	0.03	-2.1
Net Income	17.23	50.42	62.09	35.27	7.24	28.39
Preferred Dividends & Other Adjustments	3.11	3.21	3.15	3.01	2.94	2.97
Net Income to Common	14.12	47.21	58.95	32.26	4.3	25.42
Net Income Growth	-63.42%	-18.79%	76.05%	387.04%	-74.49%	-26.93%
Shares Outstanding (Basic)	23	23	23	21	21	21
Shares Outstanding (Diluted)	23	23	23	21	21	21
Shares Change (YoY)	0.50%	0.26%	6.61%	2.25%	0.09%	0.87%
EPS (Basic)	0.61	2.06	2.58	1.50	0.21	1.21
EPS (Diluted)	0.61	2.06	2.58	1.50	0.20	1.21
EPS Growth	-67.91%	-20.12%	71.40%	643.68%	-83.33%	-29.51%
Free Cash Flow	17.87	24.14	19.32	33.78	15.42	17.87
Free Cash Flow Per Share	0.78	1.05	0.84	1.57	0.74	0.85
Dividend Per Share	1.474	1.460	1.287	1.208	0.881	1.444
Dividend Growth	27.49%	13.44%	6.47%	37.15%	-39.00%	0%
Operating Margin	39.78%	35.57%	33.62%	51.25%	22.61%	38.49%
Profit Margin	41.16%	123.65%	157.13%	72.97%	16.50%	67.61%
Free Cash Flow Margin	52.09%	63.22%	51.50%	76.42%	59.14%	47.52%
Effective Tax Rate	-	0.02%	-	0.17%	1.10%	0.15%
Revenue as Reported	93.87	104.9	81.07	68.45	55.53	62.32

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