Seaport Entertainment Group Inc. (SEG)

SEG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	23.69	22.1	19.81	7.98
Other Revenue	49.54	49.95	62.11	72.65
Total Revenue	73.24	72.05	81.92	80.63
Revenue Growth (YoY	-9.17%	-12.06%	1.60%	-
Property Expenses	117.96	120.12	120.85	98.77
Selling, General & Administrative	53.21	30.54	16.98	17.21
Depreciation & Amortization	35.44	48.43	47.36	41.61
Other Operating Expenses	0.11	0.05	0.12	0.78
Total Operating Expenses	209.46	199.59	186.72	158.54
Operating Income	-136.22	-127.55	-104.8	-77.91
Interest Expense	-7.67	-3.17	-4.01	-6.53
EBT Excluding Unusual Items	-143.89	-130.71	-108.81	-84.44
Gain (Loss) on Sale of Investments	-37	-37	-	-
Total Insurance Settlements	-	-	1	-
Asset Writedown	-672.49	-672.49	-	-
Other Unusual Items	-0.05	-0.05	-	-
Pretax Income	-853.42	-840.25	-107.81	-84.44
Income Tax Expense	-2.19	-2.19	3.47	-3.58
Net Income	-851.24	-838.07	-111.28	-80.87
Net Income to Common	-851.24	-838.07	-111.28	-80.87
Operating Margin	-186.00%	-177.04%	-127.92%	-96.62%
Profit Margin	-1162.34%	-1163.25%	-135.83%	-100.29%
Free Cash Flow Margin	-111.99%	-70.48%	-36.07%	-44.41%
EBITDA	-100.78	-79.12	-57.44	-36.3
EBITDA Margin	-137.61%	-109.81%	-70.11%	-45.01%
D&A For Ebitda	35.44	48.43	47.36	41.61
EBIT	-136.22	-127.55	-104.8	-77.91
EBIT Margin	-186.00%	-177.04%	-127.92%	-96.62%
Revenue as Reported	111.98	115.68	119.05	82.62

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