SEG 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
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	24.53	22.1	19.81	7.98
Other Revenue	86.96	49.95	62.11	72.65
Total Revenue	111.49	72.05	81.92	80.63
Revenue Growth (YoY	36.09%	-12.06%	1.60%	-
Property Expenses	120.22	120.12	120.85	98.77
Selling, General & Administrative	40.51	30.54	16.98	17.21
Depreciation & Amortization	29.5	48.43	47.36	41.61
Other Operating Expenses	-4.69	0.05	0.12	0.78
Total Operating Expenses	188.46	199.59	186.72	158.54
Operating Income	-76.98	-127.55	-104.8	-77.91
Interest Expense	-10.21	-3.17	-4.01	-6.53
EBT Excluding Unusual Items	-87.18	-130.71	-108.81	-84.44
Gain (Loss) on Sale of Investments	-37	-37	-	-
Total Insurance Settlements	-	-	1	-
Asset Writedown	-	-672.49	-	-
Other Unusual Items	-1.56	-0.05	-	-
Pretax Income	-149.54	-840.25	-107.81	-84.44
Income Tax Expense	-2.19	-2.19	3.47	-3.58
Net Income	-147.36	-838.07	-111.28	-80.87
Net Income to Common	-147.59	-838.07	-111.28	-80.87
Operating Margin	-69.04%	-177.04%	-127.92%	-96.62%
Profit Margin	-132.39%	-1163.25%	-135.83%	-100.29%
Free Cash Flow Margin	-63.32%	-70.48%	-36.07%	-44.41%
EBITDA	-47.48	-79.12	-57.44	-36.3
EBITDA Margin	-42.59%	-109.81%	-70.11%	-45.01%
D&A For Ebitda	29.5	48.43	47.36	41.61
EBIT	-76.98	-127.55	-104.8	-77.91
EBIT Margin	-69.04%	-177.04%	-127.92%	-96.62%
Revenue as Reported	111.2	115.68	119.05	82.62

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