Equity Two PLC (COSE:ETWO.N0000)

Equity Two Income Statement

Financials in millions LKR. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Rental Revenue	181.46	146.12	133.57	125.26	141.25
Total Revenue	181.46	146.12	133.57	125.26	141.25
Revenue Growth (YoY	24.19%	9.40%	6.64%	-11.33%	-1.66%
Property Expenses	63.27	53.52	41.12	33.88	38.31
Selling, General & Administrative	17.32	15.37	7.86	7.95	8.97
Other Operating Expenses	-0.97	-3.33	-0.96	-1.12	-3.12
Total Operating Expenses	79.62	65.56	48.02	40.71	44.16
Operating Income	101.84	80.56	85.54	84.55	97.09
Interest Expense	-6.81	-6.81	-4	-6.05	-3.83
Interest & Investment Income	53.64	28.68	8.49	10.69	8.94
EBT Excluding Unusual Items	148.67	102.43	90.03	89.18	102.2
Gain (Loss) on Sale of Investments	0.68	3.28	1.15	0.53	6.42
Asset Writedown	191.71	144.43	46.88	1.59	1.48
Pretax Income	341.06	250.14	138.06	91.3	110.1
Income Tax Expense	103.37	148.66	33.67	-24.8	28.04
Net Income	237.7	101.48	104.39	116.1	82.05
Net Income to Common	237.7	101.48	104.39	116.1	82.05
Net Income Growth	134.22%	-2.78%	-10.09%	41.49%	-56.83%
Basic Shares Outstanding	31	31	31	31	31
Diluted Shares Outstanding	31	31	31	31	31
EPS (Basic)	7.67	3.27	3.37	3.75	2.65
EPS (Diluted)	7.67	3.27	3.37	3.75	2.65
EPS Growth	134.22%	-2.78%	-10.09%	41.49%	-56.83%
Dividend Per Share	1.000	0.500	0.650	0.650	0.850
Dividend Growth	100.00%	-23.08%	-	-23.53%	-43.33%
Operating Margin	56.12%	55.13%	64.05%	67.50%	68.73%
Profit Margin	130.99%	69.45%	78.16%	92.69%	58.09%
EBIT	101.84	80.56	85.54	84.55	97.09
EBIT Margin	56.12%	55.13%	64.05%	67.50%	68.73%
Effective Tax Rate	30.31%	59.43%	24.39%	-	25.47%

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.