Globe Residency REIT (PSX:GRR)

Globe Residency REIT Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Rental Revenue	2,581	3,037	2,850	10,258
Total Revenue	2,581	3,037	2,850	10,258
Revenue Growth (YoY	2.40%	6.55%	-72.22%	-
Property Expenses	2,184	2,647	2,422	8,228
Selling, General & Administrative	103.3	93.7	133.56	373.82
Other Operating Expenses	32.87	32.37	32.37	32.28
Total Operating Expenses	2,344	2,791	2,588	8,634
Operating Income	237.56	245.15	261.59	1,624
Interest & Investment Income	9.11	9.11	26.26	-
Other Non-Operating Income	44.74	11.23	67.74	24.42
EBT Excluding Unusual Items	291.41	265.48	355.6	1,649
Gain (Loss) on Sale of Assets	-	-	52.69	-
Pretax Income	291.41	265.48	408.29	1,649
Income Tax Expense	5.06	13.57	137.21	279.21
Net Income	286.35	251.92	271.08	1,369
Net Income to Common	286.35	251.92	271.08	1,369
Net Income Growth	273.33%	-7.07%	-80.20%	-
Basic Shares Outstanding	140	140	140	140
Diluted Shares Outstanding	140	140	140	140
EPS (Basic)	2.05	1.80	1.94	9.78
EPS (Diluted)	2.05	1.80	1.94	9.78
EPS Growth	273.33%	-7.07%	-80.20%	-
Dividend Per Share	1.750	1.750	3.000	-
Dividend Growth	-41.67%	-41.67%	-	-
Operating Margin	9.20%	8.07%	9.18%	15.83%
Profit Margin	11.09%	8.30%	9.51%	13.35%
EBITDA	237.76	245.38	261.83	1,624
EBITDA Margin	9.21%	8.08%	9.19%	15.84%
D&A For Ebitda	0.2	0.23	0.23	0.23
EBIT	237.56	245.15	261.59	1,624
EBIT Margin	9.20%	8.07%	9.18%	15.83%
Effective Tax Rate	1.74%	5.11%	33.61%	16.94%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.