Real Estate Investments Zambia PLC (LUSE:REIZUSD)

LUSE:REIZUSD Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	159.32	65.34	55.89	58.8	62.52
Other Revenue	-	9.62	-	-	-
Total Revenue	159.32	74.96	55.89	58.8	62.52
Revenue Growth (YoY	112.53%	34.11%	-4.94%	-5.95%	-7.23%
Property Expenses	-	28.84	10.03	12.17	15.27
Selling, General & Administrative	-	0.33	0.08	11.72	11.38
Other Operating Expenses	63	20.03	24.13	-0.12	-0.29
Total Operating Expenses	63	49.2	34.25	31.62	37.66
Operating Income	96.31	25.76	21.65	27.19	24.87
Interest Expense	-42.8	-22.56	-28.95	-33.29	-40.23
Interest & Investment Income	-	0.02	0.02	0.04	0.02
Currency Exchange Gain (Loss)	-110.64	-60.33	-11.86	93.24	-150.89
EBT Excluding Unusual Items	-57.13	-57.12	-19.15	87.17	-166.23
Gain (Loss) on Sale of Assets	-	-	-	-2.5	0.19
Asset Writedown	637.71	22.82	81.52	-403.43	141.72
Pretax Income	580.58	-34.3	62.37	-318.76	-24.32
Income Tax Expense	4.1	-	-	5.75	5.54
Net Income	576.48	-34.3	62.37	-324.51	-29.85
Net Income to Common	576.48	-34.3	62.37	-324.51	-29.85
Basic Shares Outstanding	865	215	77	56	56
Diluted Shares Outstanding	865	215	79	56	56
Shares Change (YoY)	302.44%	171.00%	40.46%	-	-
EPS (Basic)	0.67	-0.16	0.81	-5.75	-0.53
EPS (Diluted)	0.67	-0.16	0.81	-5.75	-0.53
Operating Margin	60.46%	34.37%	38.73%	46.23%	39.77%
Profit Margin	361.85%	-45.76%	111.59%	-551.88%	-47.75%
EBITDA	98.2	27.64	23.58	28.91	26.93
EBITDA Margin	61.64%	36.88%	42.18%	49.17%	43.06%
D&A For Ebitda	1.88	1.88	1.93	1.73	2.06
EBIT	96.31	25.76	21.65	27.19	24.87
EBIT Margin	60.46%	34.37%	38.73%	46.23%	39.77%
Effective Tax Rate	0.71%	-	-	-	-

Updated Mar 16, 2020. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.