GemLife Communities Group (ASX:GLF)

GemLife Communities Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	266.3	242.1	137.7
Revenue Growth (YoY)	10.00%	75.82%	-
Cost of Revenue	135.5	126.3	71.2
Gross Profit	130.8	115.8	66.5
Selling, General & Admin	24.8	26.9	23
Operating Expenses	30.1	32.2	27.7
Operating Income	100.7	83.6	38.8
Interest Expense	-35	-32	-21.5
Interest & Investment Income	0.2	0.6	-
Other Non Operating Income (Expenses)	0.3	10.5	1.7
EBT Excluding Unusual Items	66.2	62.7	19
Asset Writedown	-10.2	-10.8	32
Pretax Income	56	51.9	51
Income Tax Expense	0.4	-0.8	-
Net Income	55.6	52.7	51
Net Income to Common	55.6	52.7	51
Net Income Growth	5.50%	3.33%	-
Free Cash Flow	85.2	83.6	36.4
Gross Margin	49.12%	47.83%	48.29%
Operating Margin	37.81%	34.53%	28.18%
Profit Margin	20.88%	21.77%	37.04%
Free Cash Flow Margin	31.99%	34.53%	26.43%
EBITDA	106	88.9	43.5
EBITDA Margin	39.80%	36.72%	31.59%
D&A For EBITDA	5.3	5.3	4.7
EBIT	100.7	83.6	38.8
EBIT Margin	37.81%	34.53%	28.18%
Effective Tax Rate	0.71%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.