Income Statement Ascencia Limited

Stocks

ASCE.N0000

MU0259I00005

Real Estate Development & Operations

End-of-day quote Mauritius S.E. 2026-08-13			5-day change	1st Jan Change
18.00 ^MUR	0.00%		-2.70%	-4.00%

05-13	Ascencia Limited Declares Final Dividend for the Financial Year Ending June 30, 2026, Payable on or About the June 29, 2026	CI
02-12	Ascencia Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2025	CI

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Published financial data: ASCENCIA LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Rental Revenues	968M	1.1B	1.21B	1.31B	1.4B
Tenant Reimbursements	342M	424M	482M	546M	598M
Other Revenues, Total	60.18M	35.33M	33.77M	27.57M	40.28M
Total Revenues	1.37B	1.56B	1.73B	1.88B	2.04B
Property Expenses	334M	420M	471M	543M	618M
Selling General & Admin Expenses, Total	197M	222M	225M	250M	277M
Provision for Bad Debts	52.9M	13.62M	9.09M	10.66M	17.95M
Other Operating Expenses	-5.59M	-	-	-	-
Total Operating Expenses	578M	656M	705M	803M	913M
Operating Income (REIT / Utility Template)	792M	901M	1.03B	1.08B	1.12B
Interest Expense, Total	-224M	-262M	-355M	-401M	-393M
Interest and Investment Income	17.72M	11.28M	27.86M	29.97M	24.49M
Net Interest Expenses	-206M	-251M	-327M	-371M	-368M
Other Non Operating Income (Expenses)	-	-41.31M	-	-	-
EBT, Excl. Unusual Items	586M	608M	698M	706M	755M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	1.58M	-	-	-
Asset Writedown	537M	440M	487M	602M	657M
Other Unusual Items	-73.21M	32.91M	-	-	-
EBT, Incl. Unusual Items	1.05B	1.08B	1.19B	1.31B	1.41B
Income Tax Expense	91.2M	77.5M	124M	120M	243M
Earnings From Continuing Operations	958M	1.01B	1.06B	1.19B	1.17B
Earnings Of Discontinued Operations	11K	808K	-	-	-
Net Income to Company	958M	1.01B	1.06B	1.19B	1.17B
Minority Interest	-	-	-	-	-
Net Income - (IS)	958M	1.01B	1.06B	1.19B	1.17B
Net Income to Common Incl Extra Items	958M	1.01B	1.06B	1.19B	1.17B
Net Income to Common Excl. Extra Items	958M	1.01B	1.06B	1.19B	1.17B
Per Share Items
Net EPS - Basic	1.97	2.06	2.18	2.44	2.4
Basic EPS - Continuing Operations	1.97	2.06	2.18	2.44	2.4
Basic Weighted Average Shares Outstanding	487M	487M	487M	487M	487M
Net EPS - Diluted	1.97	2.06	2.18	2.44	2.4
Diluted EPS - Continuing Operations	1.97	2.06	2.18	2.44	2.4
Diluted Weighted Average Shares Outstanding	487M	487M	487M	487M	487M
Normalized Basic EPS	0.75	0.78	0.89	0.91	0.97
Normalized Diluted EPS	0.75	0.78	0.89	0.91	0.97
Dividend Per Share	0.64	0.9	0.95	1.03	1.07
Payout Ratio	16.79	40.69	67.95	42.23	44.61
Supplemental Items
EBITDA	802M	909M	1.03B	1.09B	1.14B
EBITA	792M	901M	1.03B	1.08B	1.12B
EBIT	792M	901M	1.03B	1.08B	1.12B
Total Revenues (As Reported)	1.34B	1.55B	1.73B	1.88B	2.04B
Effective Tax Rate - (Ratio)	8.69	7.16	10.45	9.15	17.2
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	12.63M	22.9M	22.84M	26.42M	47.59M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	76.33M	49.81M	82.84M	91.33M	195M
Normalized Net Income	366M	380M	436M	441M	472M
Interest on Long-Term Debt	41.02M	75.19M	355M	400M	383M
Supplemental Operating Expense Items
Marketing Expenses	47.38M	44.99M	49.29M	54.59M	59.79M
Selling and Marketing Expenses	47.38M	44.99M	49.29M	54.59M	59.79M
General and Administrative Expenses	150M	177M	175M	195M	217M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	13.89B	15.47B	16.55B	17.66B	18.58B
Accumulated Depreciation	-34.3M	-41.49M	-48.77M	-59.72M	-73.64M
Net Property Plant And Equipment	13.85B	15.43B	16.51B	17.6B	18.5B
Total Real Estate Assets	13.85B	15.43B	16.51B	17.6B	18.5B
Cash And Equivalents	1.07B	818M	84.51M	125M	168M
Accounts Receivable, Total	43.46M	42.62M	41.12M	35.08M	23.06M
Other Receivables	112M	165M	181M	116M	124M
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	840K	1.71M	1.23M
Notes Receivable (Collected)	155M	-	-	-	-
Other Current Assets, Total	501M	446M	442M	316M	138M
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Other Long-Term Assets, Total	168M	-	-	-	-
Total Assets	15.9B	16.9B	17.26B	18.2B	18.96B
Liabilities
Current Portion of Long-Term Debt	202M	42.14M	52.67M	71.07M	8.56M
Short-Term Borrowings	-	-	-	-	-
Long-Term Debt	5.92B	6.33B	6.28B	6.35B	6.35B
Accounts Payable, Total	5.65M	11.52M	24.27M	36.89M	29.29M
Accrued Expenses, Total	67.3M	81.21M	56.18M	55.03M	69.47M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	475M	578M	300M	369M	347M
Deferred Tax Liability Non-Current	483M	542M	625M	716M	911M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	7.16B	7.59B	7.34B	7.6B	7.71B
Common Stock, Total	4.46B	4.46B	4.46B	4.46B	4.46B
Retained Earnings	4.29B	4.85B	5.45B	6.14B	6.79B
Total Common Equity	8.75B	9.31B	9.91B	10.6B	11.25B
Minority Interest	-	-	-	-	-
Total Equity	8.75B	9.31B	9.91B	10.6B	11.25B
Total Liabilities And Equity	15.9B	16.9B	17.26B	18.2B	18.96B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	487M	487M	487M	487M	487M
ECS Total Common Shares Outstanding	487M	487M	487M	487M	487M
Book Value / Share	17.95	19.11	20.34	21.75	23.08
Tangible Book Value	8.75B	9.31B	9.91B	10.6B	11.24B
Tangible Book Value Per Share	17.95	19.11	20.34	21.75	23.08
Total Debt	6.12B	6.37B	6.34B	6.42B	6.36B
Net Debt	5.05B	5.56B	6.25B	6.3B	6.19B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	168M	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	51.93M	61.9M	86.18M	100M	127M
Accumulated Allowance for Doubtful Accounts (Supple)	177M	76.27M	66.02M	62.72M	73.86M

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	958M	1.01B	1.06B	1.19B	1.17B
Depreciation, Depletion & Amortization	10.52M	8.66M	7.47M	11.15M	14.48M
Total Depreciation, Depletion & Amortization	10.52M	8.66M	7.47M	11.15M	14.48M
(Gain) Loss On Sale of Asset - (CF)	-	-1.58M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	126M	4.74M	9.09M	10.66M	17.95M
Total Asset Writedown	-537M	-440M	-487M	-602M	-657M
(Income) Loss On Equity Investments - (CF)	-31.99M	-1.79M	-	-	-
Change in Accounts Receivable	-88.29M	1.55M	-550K	-4.61M	-5.94M
Change in Accounts Payable	-14.17M	-22.58M	-74.44M	35.52M	-84.77M
Change in Other Net Operating Assets (Collected)	-71.24M	-67.59M	-58.86M	-91.68M	-107M
Other Operating Activities	276M	304M	431M	563M	683M
Net Cash From Discontinued Operations	1.49M	18.43M	-	-	-
Cash from Operations	630M	810M	888M	1.11B	1.03B
Acquisition of Real Estate Assets, Total	-533M	-459M	-538M	-453M	-175M
Sale of Real Estate Assets, Total	-	250M	-	-	-
Net Sale / Acquisition of Real Estate Assets	-533M	-209M	-538M	-453M	-175M
Cash Acquisitions	-	-210M	191M	-	-
Investment in Marketable and Equity Securities, Total	-260M	-79.2M	26M	200M	196M
Other Investing Activities, Total	10.3M	4.17M	3.98M	1.95M	-28.12M
Cash from Investing	-782M	-494M	-317M	-251M	-7.13M
Long-Term Debt Issued, Total	1.5B	4.74B	-	132M	735M
Total Debt Issued	1.5B	4.74B	-	132M	735M
Long-Term Debt Repaid, Total	-57.27M	-4.64B	-42.14M	-52.67M	-806M
Total Debt Repaid	-57.27M	-4.64B	-42.14M	-52.67M	-806M
Issuance of Common Stock	-	-	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-161M	-409M	-721M	-502M	-521M
Common & Preferred Stock Dividends Paid	-161M	-409M	-721M	-502M	-521M
Other Financing Activities, Total	-224M	-260M	-351M	-396M	-388M
Cash from Financing	1.06B	-569M	-1.11B	-819M	-981M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	906M	-253M	-543M	40.78M	42.38M
Supplemental Items
Cash Interest Paid	224M	260M	351M	396M	388M
Cash Income Tax Paid (Refund)	-622K	777K	4.07M	-76.06M	-52.22M
Net Debt Issued / Repaid	1.44B	99.89M	-42.14M	79.31M	-71.19M
Levered Free Cash Flow	213M	679M	101M	696M	613M
Unlevered Free Cash Flow	353M	843M	323M	946M	859M
Change In Net Working Capital	147M	-279M	300M	-278M	-167M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.35	3.43	3.75	3.8	3.78
Return on Total Capital	3.58	3.68	4.01	4.04	4.06
Return On Equity %	11.37	11.13	11.04	11.59	10.7
Return on Common Equity	11.37	11.13	11.04	11.59	10.7
Margin Analysis
Gross Profit Margin %	75.63	73.01	72.76	71.13	69.65
SG&A Margin	14.4	14.27	12.99	13.29	13.6
EBITDA Margin %	58.55	58.42	59.67	57.87	55.88
EBITA Margin %	57.78	57.87	59.24	57.28	55.17
EBIT Margin %	57.78	57.87	59.24	57.28	55.17
Income From Continuing Operations Margin %	69.91	64.58	61.34	63.24	57.41
Net Income Margin %	69.91	64.63	61.34	63.24	57.41
Net Avail. For Common Margin %	69.91	64.58	61.34	63.24	57.41
Normalized Net Income Margin	26.71	24.43	25.2	23.47	23.17
Levered Free Cash Flow Margin	15.56	43.63	5.85	37.04	30.13
Unlevered Free Cash Flow Margin	25.78	54.16	18.69	50.36	42.19
Asset Turnover
Asset Turnover	0.09	0.09	0.1	0.11	0.11
Fixed Assets Turnover	0.1	0.11	0.11	0.11	0.11
Receivables Turnover (Average Receivables)	21.01	35.34	40.52	48.6	68.65
Short Term Liquidity
Current Ratio	2.51	2.07	1.73	1.11	1
Quick Ratio	1.64	1.44	0.71	0.52	0.69
Operating Cash Flow to Current Liabilities	0.84	1.14	2.05	2.09	2.27
Days Sales Outstanding (Average Receivables)	17.38	10.33	9.01	7.53	5.32
Average Days Payable Outstanding	4.65	7.46	13.85	20.63	19.55
Long Term Solvency
Total Debt/Equity	70.02	68.45	63.94	60.59	56.51
Total Debt / Total Capital	41.18	40.63	39	37.73	36.11
LT Debt/Equity	67.71	67.99	63.4	59.92	56.43
Long-Term Debt / Total Capital	39.82	40.37	38.68	37.31	36.06
Total Liabilities / Total Assets	45	44.89	42.56	41.76	40.68
EBIT / Interest Expense	3.54	3.43	2.89	2.69	2.86
EBITDA / Interest Expense	3.58	3.47	2.91	2.72	2.9
(EBITDA - Capex) / Interest Expense	3.56	3.44	2.84	2.68	2.83
Total Debt / EBITDA	7.63	7.01	6.14	5.9	5.59
Net Debt / EBITDA	6.3	6.11	6.06	5.79	5.44
Total Debt / (EBITDA - Capex)	7.69	7.07	6.29	5.99	5.71
Net Debt / (EBITDA - Capex)	6.34	6.16	6.2	5.87	5.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	3.15	13.59	11.18	8.61	8.34
Gross Profit, 1 Yr. Growth %	5.17	9.65	10.71	6.18	6.08
EBITDA, 1 Yr. Growth %	-1.22	14.14	13.45	5.32	4.61
EBITA, 1 Yr. Growth %	-1.38	14.57	13.72	5	4.35
EBIT, 1 Yr. Growth %	-1.38	14.57	13.72	5	4.35
Earnings From Cont. Operations, 1 Yr. Growth %	138.69	4.93	5.51	11.98	-1.65
Net Income, 1 Yr. Growth %	135.59	5.01	5.51	11.98	-1.65
Diluted EPS Before Extra, 1 Yr. Growth %	138.69	4.93	5.51	11.98	-1.65
Normalized Net Income, 1 Yr. Growth %	3.2	3.9	7.26	1.16	6.95
Net Property, Plant and Equip., 1 Yr. Growth %	8.46	11.39	6.98	6.65	5.12
Accounts Receivable, 1 Yr. Growth %	-46.53	-1.93	-3.5	-14.71	-34.25
Total Assets, 1 Yr. Growth %	16.82	6.29	2.09	5.46	4.19
Common Equity, 1 Yr. Growth %	7.98	6.49	6.42	6.93	6.11
Tangible Book Value, 1 Yr. Growth %	7.98	6.49	6.42	6.92	6.11
Cash From Operations, 1 Yr. Growth %	8.34	28.63	12.05	25.07	-7.23
Capital Expenditures, 1 Yr. Growth %	-31.55	43.21	204.22	-37.73	60.45
Levered Free Cash Flow, 1 Yr. Growth %	958.14	223.69	-85.09	587.22	-11.87
Unlevered Free Cash Flow, 1 Yr. Growth %	96.19	141.04	-61.66	192.72	-9.24
Dividend Per Share, 1 Yr. Growth %	20.75	40.62	5.56	8.42	3.88
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.38	8.25	12.38	9.88	8.47
Gross Profit, 2 Yr. CAGR %	-2.11	7.39	10.22	8.42	6.13
EBITDA, 2 Yr. CAGR %	-6.48	5.82	13.85	9.31	4.97
EBITA, 2 Yr. CAGR %	-6.72	5.92	14.19	9.27	4.68
EBIT, 2 Yr. CAGR %	-6.72	5.92	14.19	9.27	4.68
Earnings From Cont. Operations, 2 Yr. CAGR %	0.21	58.26	5.26	8.7	4.94
Net Income, 2 Yr. CAGR %	-0.3	57.29	5.26	8.7	4.94
Diluted EPS Before Extra, 2 Yr. CAGR %	-0.05	58.26	5.26	8.7	4.94
Normalized Net Income, 2 Yr. CAGR %	-5.78	3.55	9.16	4.16	4.01
Net Property, Plant and Equip., 2 Yr. CAGR %	6.03	9.92	9.16	6.81	5.88
Accounts Receivable, 2 Yr. CAGR %	39.94	-27.59	-2.72	-9.28	-25.11
Total Assets, 2 Yr. CAGR %	8.57	11.43	4.17	3.76	4.82
Common Equity, 2 Yr. CAGR %	5.2	7.23	6.46	6.68	6.52
Tangible Book Value, 2 Yr. CAGR %	5.2	7.23	6.45	6.67	6.52
Cash From Operations, 2 Yr. CAGR %	14.59	18.05	18.74	18.39	7.72
Capital Expenditures, 2 Yr. CAGR %	-23.28	-0.99	108.73	37.63	-0.05
Levered Free Cash Flow, 2 Yr. CAGR %	-25.98	480.43	-30.51	1.21	146.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-20.79	116.38	-3.84	5.93	62.99
Dividend Per Share, 2 Yr. CAGR %	-11.65	30.31	21.83	6.98	6.13
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.57	2.67	9.21	11.11	9.37
Gross Profit, 3 Yr. CAGR %	4.43	1.66	8.51	8.86	7.64
EBITDA, 3 Yr. CAGR %	2.56	-0.29	8.34	10.93	7.72
EBITA, 3 Yr. CAGR %	2.38	-0.34	8.49	11.04	7.61
EBIT, 3 Yr. CAGR %	2.38	-0.34	8.49	11.04	7.61
Earnings From Cont. Operations, 3 Yr. CAGR %	1.8	1.76	38.29	7.45	5.13
Net Income, 3 Yr. CAGR %	3.25	1.44	37.69	7.45	5.13
Diluted EPS Before Extra, 3 Yr. CAGR %	0.62	1.58	38.29	7.45	5.13
Normalized Net Income, 3 Yr. CAGR %	8.11	-2.65	7.13	6.42	5.08
Net Property, Plant and Equip., 3 Yr. CAGR %	7.39	7.79	8.93	8.32	6.25
Accounts Receivable, 3 Yr. CAGR %	6.15	24.3	-20.31	-6.89	-18.51
Total Assets, 3 Yr. CAGR %	8.4	7.8	8.22	4.6	3.9
Common Equity, 3 Yr. CAGR %	6.32	5.63	6.96	6.61	6.49
Tangible Book Value, 3 Yr. CAGR %	6.32	5.63	6.96	6.61	6.48
Cash From Operations, 3 Yr. CAGR %	-5.3	19.09	15.17	20.82	9.14
Capital Expenditures, 3 Yr. CAGR %	-18.88	-5.54	43.94	39.47	44.85
Levered Free Cash Flow, 3 Yr. CAGR %	-36.6	20.38	71.29	49.15	-3.35
Unlevered Free Cash Flow, 3 Yr. CAGR %	-29.31	14.41	21.55	39.36	0.61
Dividend Per Share, 3 Yr. CAGR %	-5.15	3.15	21.47	17.19	5.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.04	7.89	7	5.5	8.92
Gross Profit, 5 Yr. CAGR %	9.67	8.21	6.71	4.33	7.55
EBITDA, 5 Yr. CAGR %	9.91	7.64	6.79	3.46	6.98
EBITA, 5 Yr. CAGR %	9.75	7.58	6.8	3.42	6.95
EBIT, 5 Yr. CAGR %	9.75	7.58	6.8	3.42	6.95
Earnings From Cont. Operations, 5 Yr. CAGR %	8.83	0.95	3.17	4.5	23.84
Net Income, 5 Yr. CAGR %	10.05	3.08	4.05	4.28	23.52
Diluted EPS Before Extra, 5 Yr. CAGR %	6.67	0.55	2.45	4.39	23.84
Normalized Net Income, 5 Yr. CAGR %	31.98	21.02	8.53	1.36	5.87
Net Property, Plant and Equip., 5 Yr. CAGR %	6.11	7.63	8.09	7.4	7.7
Accounts Receivable, 5 Yr. CAGR %	1.27	11.24	2.51	9.59	-22.27
Total Assets, 5 Yr. CAGR %	7.96	7.45	6.69	6.17	6.85
Common Equity, 5 Yr. CAGR %	10.34	8.9	6.38	6.05	6.78
Tangible Book Value, 5 Yr. CAGR %	10.39	8.95	6.37	6.04	6.78
Cash From Operations, 5 Yr. CAGR %	-0.33	2.06	3.67	18.28	12.13
Capital Expenditures, 5 Yr. CAGR %	6.63	-12.1	18.39	9.81	24.4
Levered Free Cash Flow, 5 Yr. CAGR %	19.18	20.3	-34.45	12.33	98.01
Unlevered Free Cash Flow, 5 Yr. CAGR %	5.3	52.1	-20.21	10.95	36.69
Dividend Per Share, 5 Yr. CAGR %	15.6	12.47	4.84	4.67	15.09