Income Statement FRAS HOSPUT OTC Markets

Stocks

FRSRF

SG1AA5000001

Specialized REITs

Delayed OTC Markets			5-day change	1st Jan Change
- ^USD	-.--%		-.--%	-

25-10-05	Frasers Hospitality Trust announces delisting of co	RE
25-10-01	Frasers Hospitality Trust to Delist on Oct. 6	MT

0c360ea6511b8c4.bqzE_4WwW5wL79Ah7_kTQjrn3ZMg0t_1oPghhW9nrIk.V_WD0tfFONt5hOBm2JElOH2mjNZwobOWxb5izj0gysNW_IjS7OEu5FOW6A

Published financial data: FRAS HOSPUT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020 (SGD)	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)
Rental Revenues	80.55M	69.81M	87.61M	116M	133M
Other Revenues, Total	3.78M	14.52M	8.24M	7.07M	-
Total Revenues	84.33M	84.33M	95.86M	123M	133M
Property Expenses	32.03M	27.82M	29.59M	33.38M	39.52M
Selling General & Admin Expenses, Total	5.57M	3.97M	7.85M	7.67M	7.38M
Depreciation & Amortization - (IS) - (Collected)	3.92M	3.93M	4.22M	3.83M	4.15M
Provision for Bad Debts	-	4.14M	-1.3M	-1.26M	-
Other Operating Expenses	-245K	2.33M	4.58M	6.12M	6.23M
Total Operating Expenses	41.28M	42.2M	44.95M	49.74M	57.28M
Operating Income (REIT / Utility Template)	43.06M	42.14M	50.9M	73.46M	75.24M
Interest Expense, Total	-20.04M	-20.79M	-20.28M	-20.9M	-26.05M
Interest and Investment Income	329K	210K	450K	1.61M	2.4M
Net Interest Expenses	-19.71M	-20.58M	-19.84M	-19.28M	-23.66M
Currency Exchange Gains (Loss)	-165K	-26K	-4.04M	-1.37M	179K
Other Non Operating Income (Expenses)	-604K	-671K	-1.38M	-868K	-906K
EBT, Excl. Unusual Items	22.58M	20.86M	25.65M	51.94M	50.86M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	17.58M	-49K	-
Asset Writedown	-146M	3.87M	25.55M	50.72M	-598K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-123M	24.73M	68.78M	103M	50.26M
Income Tax Expense	-9.98M	8.42M	10.46M	10.71M	29.97M
Earnings From Continuing Operations	-113M	16.31M	58.32M	91.9M	20.29M
Net Income to Company	-113M	16.31M	58.32M	91.9M	20.29M
Net Income - (IS)	-113M	16.31M	58.32M	91.9M	20.29M
Preferred Dividend and Other Adjustments	4.46M	2.72M	-	-	-
Net Income to Common Incl Extra Items	-118M	13.59M	58.32M	91.9M	20.29M
Net Income to Common Excl. Extra Items	-118M	13.59M	58.32M	91.9M	20.29M
Per Share Items
Net EPS - Basic	-0.06	0.01	0.03	0.05	0.01
Basic EPS - Continuing Operations	-0.06	0.01	0.03	0.05	0.01
Basic Weighted Average Shares Outstanding	1.92B	1.93B	1.93B	1.93B	1.93B
Net EPS - Diluted	-0.06	0.01	0.03	0.05	0.01
Diluted EPS - Continuing Operations	-0.06	0.01	0.03	0.05	0.01
Diluted Weighted Average Shares Outstanding	1.92B	1.93B	1.93B	1.93B	1.93B
Normalized Basic EPS	0.01	0.01	0.01	0.02	0.02
Normalized Diluted EPS	0.01	0.01	0.01	0.02	0.02
Dividend Per Share	0.01	0.01	0.02	0.02	0.02
Payout Ratio	-46.1	174.74	49.81	46.04	215.38
Supplemental Items
EBITDA	46.99M	46.07M	55.13M	77.29M	79.4M
EBITA	43.06M	42.14M	50.9M	73.46M	75.24M
EBIT	43.06M	42.14M	50.9M	73.46M	75.24M
Total Revenues (As Reported)	88.57M	85.53M	95.86M	123M	-
Effective Tax Rate - (Ratio)	8.09	34.06	15.21	10.44	59.63
Total Current Taxes	1.56M	2.74M	17.45M	5.92M	7.8M
Total Deferred Taxes	-11.54M	5.68M	-6.99M	4.78M	22.17M
Normalized Net Income	14.11M	13.04M	16.03M	32.46M	31.79M
Interest on Long-Term Debt	935K	1.08M	1.28M	998K	26.85M
Supplemental Operating Expense Items
Marketing Expenses	1.2M	289K	1.52M	2.59M	2.55M
Selling and Marketing Expenses	1.2M	289K	1.52M	2.59M	2.55M
General and Administrative Expenses	4.37M	3.68M	6.34M	5.08M	4.83M
Stock-Based Comp., COGS (Total)	8.03M	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	26K	-	-	-	-
Total Stock-Based Compensation	8.05M	-	-	-	-

Fiscal Period: September	2020 (SGD)	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)
Assets
Gross Property Plant And Equipment	2.26B	2.26B	1.9B	1.94B	1.99B
Accumulated Depreciation	-4.86M	-5.54M	-5.74M	-5.94M	-6.48M
Net Property Plant And Equipment	2.25B	2.25B	1.9B	1.93B	1.99B
Total Real Estate Assets	2.25B	2.25B	1.9B	1.93B	1.99B
Cash And Equivalents	92.47M	78.19M	124M	88.13M	94.37M
Accounts Receivable, Total	520K	2.81M	5.11M	6.2M	8.09M
Other Receivables	2.61M	9.45M	4.16M	6.71M	8.08M
Investment In Debt and Equity Securities	-	77K	18.4M	10.49M	2.27M
Other Current Assets, Total	2.52M	2.02M	20.34M	5.03M	33.4M
Trading Asset Securities, Total	-	-	-	-	7K
Deferred Tax Assets Long-Term (Collected)	2.66M	1.62M	586K	620K	825K
Other Long-Term Assets, Total	9.99M	3.49M	14.02M	25.12M	-
Total Assets	2.36B	2.35B	2.09B	2.07B	2.13B
Liabilities
Current Portion of Long-Term Debt	50M	203M	174M	149M	270M
Long-Term Debt	858M	786M	583M	554M	474M
Long-Term Leases	2.95M	3.08M	3.01M	2.99M	3.15M
Accounts Payable, Total	4.2M	1.57M	1.1M	2.97M	2.26M
Accrued Expenses, Total	9.71M	12.7M	12.62M	10.76M	13.41M
Current Income Taxes Payable	1.2M	1.41M	980K	3.67M	2.86M
Unearned Revenue, Current	-	-	-	83K	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	5.55M	6.43M	5.61M	13.17M	13.54M
Unearned Revenue Non Current	7.53M	6.96M	4.38M	3.82M	4.66M
Pension & Other Post Retirement Benefits	345K	302K	204K	227K	234K
Deferred Tax Liability Non-Current	42.64M	46.51M	34.62M	39.41M	62.16M
Other Non Current Liabilities	25.79M	33.22M	20.45M	14.57M	22.46M
Total Liabilities	1.01B	1.1B	840M	795M	868M
Common Stock, Total	1.54B	1.54B	1.54B	1.54B	1.54B
Retained Earnings	-112M	-124M	-94.98M	-45.39M	-68.8M
Comprehensive Income and Other	-72.08M	-165M	-199M	-216M	-205M
Total Common Equity	1.35B	1.25B	1.25B	1.28B	1.27B
Total Equity	1.35B	1.25B	1.25B	1.28B	1.27B
Total Liabilities And Equity	2.36B	2.35B	2.09B	2.07B	2.13B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.93B	1.93B	1.93B	1.93B	1.93B
ECS Total Common Shares Outstanding	1.92B	1.93B	1.93B	1.93B	1.93B
Book Value / Share	0.65	0.65	0.65	0.66	0.66
Tangible Book Value	1.35B	1.25B	1.25B	1.28B	1.27B
Tangible Book Value Per Share	0.65	0.65	0.65	0.66	0.66
Total Debt	911M	992M	760M	706M	747M
Net Debt	819M	913M	636M	618M	652M
Account Code - Inventory Valuation	5	5	5	5	5
Land - (BS)	217M	224M	213M	208M	206M
Machinery, Total	8.56M	8.65M	8.37M	8.32M	8.8M
Accumulated Allowance for Doubtful Accounts (Supple)	1.74M	5.77M	1.4M	-	-

Fiscal Period: September	2020 (SGD)	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)
Net Income	-113M	16.31M	58.32M	91.9M	20.29M
Depreciation, Depletion & Amortization	3.93M	3.93M	4.22M	3.83M	4.15M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	3.93M	3.93M	4.22M	3.83M	4.15M
Amortization of Deferred Charges, Total	824K	952K	1.16M	878K	939K
(Gain) Loss On Sale of Asset - (CF)	-	-	-17.58M	49K	-
Total Asset Writedown	146M	-3.87M	-25.55M	-50.72M	598K
Stock-Based Compensation (CF)	8.05M	-	-	-	-
Provision and Write-off of Bad Debts	1.69M	4.14M	-1.3M	-1.26M	-
Change in Accounts Receivable	4.5M	-5.79M	-2.85M	-2.41M	-3.25M
Change In Inventories	11K	7K	-13K	-1K	-1K
Change in Accounts Payable	2.18M	-3.71M	-763K	1.56M	6.32M
Change in Unearned Revenues	-21K	-	-	-	-
Change in Other Net Operating Assets (Collected)	17K	46K	-3.38M	-237K	-411K
Other Operating Activities	6.57M	27.21M	16.03M	27.82M	48.28M
Cash from Operations	60.32M	39.22M	28.29M	71.41M	76.92M
Acquisition of Real Estate Assets, Total	-9.59M	-4.95M	-17.08M	-4.33M	-41.58M
Sale of Real Estate Assets, Total	-	-	305M	-	-
Net Sale / Acquisition of Real Estate Assets	-9.59M	-4.95M	288M	-4.33M	-41.58M
Cash Acquisitions	-	-	-	-	-
Other Investing Activities, Total	-	-3.9M	13.93M	13.9M	2.45M
Cash from Investing	-9.59M	-8.85M	301M	9.57M	-39.13M
Long-Term Debt Issued, Total	55M	203M	104M	292M	334M
Total Debt Issued	55M	203M	104M	292M	334M
Long-Term Debt Repaid, Total	-30M	-100M	-331M	-343M	-297M
Total Debt Repaid	-30M	-100M	-331M	-343M	-297M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-100M	-	-	-
Common Dividends Paid	-52.3M	-28.5M	-29.04M	-42.31M	-43.7M
Common & Preferred Stock Dividends Paid	-52.3M	-28.5M	-29.04M	-42.31M	-43.7M
Other Financing Activities, Total	-18.35M	-18.46M	-20.41M	-19.38M	-25.87M
Cash from Financing	-45.64M	-43.58M	-276M	-113M	-32.39M
Foreign Exchange Rate Adjustments	2.39M	-1.07M	-7.84M	-3.63M	837K
Net Change in Cash	7.48M	-14.29M	45.7M	-35.75M	6.24M
Supplemental Items
Cash Interest Paid	18.35M	18.46M	20.41M	19.38M	25.87M
Cash Income Tax Paid (Refund)	2.69M	1.35M	17.4M	3.47M	6.6M
Net Debt Issued / Repaid	25M	103M	-227M	-51.41M	37.18M
Levered Free Cash Flow	35.91M	10.99M	7.08M	59.13M	5.64M
Unlevered Free Cash Flow	47.61M	23.03M	18.6M	71.31M	20.98M
Change In Net Working Capital	-9.38M	7.18M	17.14M	-22.01M	30.2M

Fiscal Period: September	2020 (SGD)	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)
Profitability
Return on Assets	1.12	1.12	1.43	2.21	2.24
Return on Total Capital	1.17	1.17	1.5	2.3	2.35
Return On Equity %	-8	1.25	4.68	7.28	1.59
Return on Common Equity	-8.31	1.04	4.68	7.28	1.59
Margin Analysis
Gross Profit Margin %	63.73	69.06	70.63	73.94	71.46
SG&A Margin	13.06	10.95	14.47	12.23	11.55
EBITDA Margin %	55.72	54.63	57.51	62.73	59.91
EBITA Margin %	51.06	49.96	53.11	59.63	56.78
EBIT Margin %	51.06	49.96	53.11	59.63	56.78
Income From Continuing Operations Margin %	-134.5	19.34	60.84	74.6	15.31
Net Income Margin %	-134.5	19.34	60.84	74.6	15.31
Net Avail. For Common Margin %	-139.79	16.11	60.84	74.6	15.31
Normalized Net Income Margin	16.73	15.46	16.72	26.35	23.99
Levered Free Cash Flow Margin	42.58	13.03	7.39	48	4.25
Unlevered Free Cash Flow Margin	56.46	27.31	19.41	57.88	15.83
Asset Turnover
Asset Turnover	0.04	0.04	0.04	0.06	0.06
Fixed Assets Turnover	0.04	0.04	0.05	0.06	0.07
Receivables Turnover (Average Receivables)	24.38	41.96	22.14	20.54	18.55
Inventory Turnover (Average Inventory)	1.25K	1.68K	1.52K	1.26K	1.43K
Short Term Liquidity
Current Ratio	1.39	0.41	0.79	0.59	0.48
Quick Ratio	1.35	0.4	0.69	0.56	0.37
Operating Cash Flow to Current Liabilities	0.85	0.17	0.15	0.4	0.25
Days Sales Outstanding (Average Receivables)	15.01	8.7	16.49	17.77	19.73
Days Outstanding Inventory (Average Inventory)	0.29	0.22	0.24	0.29	0.26
Average Days Payable Outstanding	32.18	40.4	17.32	23.13	25.3
Cash Conversion Cycle (Average Days)	-16.87	-31.48	-0.6	-5.07	-5.31
Long Term Solvency
Total Debt/Equity	67.34	79.42	60.98	55.21	58.97
Total Debt / Total Capital	40.24	44.27	37.88	35.57	37.1
LT Debt/Equity	63.65	63.2	47.03	43.55	37.66
Long-Term Debt / Total Capital	38.03	35.23	29.21	28.06	23.69
Total Liabilities / Total Assets	42.7	46.85	40.26	38.33	40.68
EBIT / Interest Expense	2.15	2.03	2.51	3.52	2.89
EBITDA / Interest Expense	2.34	2.22	2.72	3.7	3.05
(EBITDA - Capex) / Interest Expense	2.31	2.21	2.7	3.68	3.05
Total Debt / EBITDA	19.39	21.52	13.78	9.13	9.4
Net Debt / EBITDA	17.42	19.83	11.53	7.99	8.22
Total Debt / (EBITDA - Capex)	19.67	21.55	13.86	9.19	9.4
Net Debt / (EBITDA - Capex)	17.68	19.85	11.6	8.04	8.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-43.7	-1.57	13.66	28.52	7.57
Gross Profit, 1 Yr. Growth %	-51.56	2.57	16.25	34.55	3.97
EBITDA, 1 Yr. Growth %	-51.02	-1.96	19.67	40.19	2.73
EBITA, 1 Yr. Growth %	-53.24	-2.14	20.81	44.3	2.43
EBIT, 1 Yr. Growth %	-53.24	-2.14	20.81	44.3	2.43
Earnings From Cont. Operations, 1 Yr. Growth %	-319.15	-114.38	257.6	57.59	-77.92
Net Income, 1 Yr. Growth %	-319.15	-114.38	257.6	57.59	-77.92
Diluted EPS Before Extra, 1 Yr. Growth %	-348.88	-111.39	332.53	57.55	-77.99
Normalized Net Income, 1 Yr. Growth %	-68.33	-7.6	22.96	102.48	-2.07
Net Property, Plant and Equip., 1 Yr. Growth %	-3.42	0.04	-15.65	1.66	2.94
Inventory, 1 Yr. Growth %	-36.67	-36.84	108.33	4	3.85
Accounts Receivable, 1 Yr. Growth %	-91.46	440	81.91	21.4	30.41
Total Assets, 1 Yr. Growth %	-3.48	-0.52	-11.22	-0.61	2.97
Common Equity, 1 Yr. Growth %	-8.8	-7.73	-0.21	2.61	-0.96
Tangible Book Value, 1 Yr. Growth %	-8.8	-7.73	-0.21	2.61	-0.96
Cash From Operations, 1 Yr. Growth %	-44.19	-34.98	-27.86	152.39	7.72
Capital Expenditures, 1 Yr. Growth %	-19.83	-90.91	385.25	48.31	-
Levered Free Cash Flow, 1 Yr. Growth %	-44.3	-69.4	-35.57	735.1	-90.53
Unlevered Free Cash Flow, 1 Yr. Growth %	-37.8	-51.63	-19.23	283.34	-70.76
Dividend Per Share, 1 Yr. Growth %	-68.32	-29.69	66.36	49.35	-7.51
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-26.45	-24.97	5.78	20.87	17.58
Gross Profit, 2 Yr. CAGR %	-32.12	-27.56	9.2	25.07	18.27
EBITDA, 2 Yr. CAGR %	-31.77	-30.7	8.31	29.52	20.01
EBITA, 2 Yr. CAGR %	-33.23	-32.36	8.73	32.04	21.58
EBIT, 2 Yr. CAGR %	-33.23	-32.36	8.73	32.04	21.58
Earnings From Cont. Operations, 2 Yr. CAGR %	30.58	-43.87	-28.3	137.39	-41.02
Net Income, 2 Yr. CAGR %	30.58	-43.87	-28.3	137.39	-41.02
Diluted EPS Before Extra, 2 Yr. CAGR %	36.69	-46.76	-29.82	161.04	-41.11
Normalized Net Income, 2 Yr. CAGR %	-44.68	-45.9	6.59	57.79	40.81
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.17	-1.71	-8.14	-7.4	2.3
Inventory, 2 Yr. CAGR %	-25.25	-36.75	14.71	47.2	3.92
Accounts Receivable, 2 Yr. CAGR %	-69.74	-32.09	213.42	48.6	25.83
Total Assets, 2 Yr. CAGR %	-2.71	-2.01	-6.02	-6.06	1.16
Common Equity, 2 Yr. CAGR %	-6.64	-8.27	-4.04	1.19	0.81
Tangible Book Value, 2 Yr. CAGR %	-6.64	-8.27	-4.04	1.19	0.81
Cash From Operations, 2 Yr. CAGR %	-26.87	-39.76	-31.51	34.93	64.89
Capital Expenditures, 2 Yr. CAGR %	-5.16	-73	-33.58	168.27	-
Levered Free Cash Flow, 2 Yr. CAGR %	-26.57	-58.71	-55.6	131.96	-10.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.09	-45.15	-37.49	75.96	6.21
Dividend Per Share, 2 Yr. CAGR %	-45.81	-52.8	8.15	57.63	17.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-19.01	-18.52	-13.83	12.87	16.26
Gross Profit, 3 Yr. CAGR %	-22.91	-20.67	-15.19	17.07	17.6
EBITDA, 3 Yr. CAGR %	-22.81	-23.01	-16.86	18.04	19.89
EBITA, 3 Yr. CAGR %	-23.55	-24.16	-17.93	19.49	21.32
EBIT, 3 Yr. CAGR %	-23.53	-24.16	-17.93	19.49	21.32
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.19	-37.41	4.06	-6.77	7.55
Net Income, 3 Yr. CAGR %	-10.19	-37.41	4.06	-6.77	7.55
Diluted EPS Before Extra, 3 Yr. CAGR %	-9.05	-40.3	7.02	-8.11	14.47
Normalized Net Income, 3 Yr. CAGR %	-36.65	-34.36	-28.87	32.01	34.59
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.65	-2.11	-6.59	-4.98	-4.07
Inventory, 3 Yr. CAGR %	-31.06	-29.33	-5.9	11.02	31.04
Accounts Receivable, 3 Yr. CAGR %	-60.08	-20.92	-5.68	128.46	42.28
Total Assets, 3 Yr. CAGR %	-2.32	-1.98	-5.18	-4.25	-3.14
Common Equity, 3 Yr. CAGR %	-5.55	-7.01	-5.66	-1.88	0.47
Tangible Book Value, 3 Yr. CAGR %	-5.55	-7.01	-5.66	-1.88	0.47
Cash From Operations, 3 Yr. CAGR %	-18.98	-29.68	-36.03	5.79	25.17
Capital Expenditures, 3 Yr. CAGR %	21.95	-56.6	-29.28	-13.19	-
Levered Free Cash Flow, 3 Yr. CAGR %	-26.64	-45.15	-52.11	18.09	-19.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-22.41	-33.53	-37.6	14.41	-3.06
Dividend Per Share, 3 Yr. CAGR %	-34.81	-40.9	-28.17	20.44	31.96
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.92	-7.37	-9.59	-4.6	-2.42
Gross Profit, 5 Yr. CAGR %	-6.49	-9.09	-10.42	-4.83	-3.12
EBITDA, 5 Yr. CAGR %	-	-12.41	-11.61	-5.2	-3.71
EBITA, 5 Yr. CAGR %	-9.62	-13.96	-11.98	-5.33	-3.96
EBIT, 5 Yr. CAGR %	-9.62	-13.95	-11.97	-5.33	-3.96
Earnings From Cont. Operations, 5 Yr. CAGR %	0.92	-23.47	-17.92	6.68	-17.08
Net Income, 5 Yr. CAGR %	0.92	-23.47	-17.92	6.68	-17.08
Diluted EPS Before Extra, 5 Yr. CAGR %	-6.02	-29.85	-18.01	7.71	-15.73
Normalized Net Income, 5 Yr. CAGR %	-19.15	-18.29	-22	-6.78	-6.53
Net Property, Plant and Equip., 5 Yr. CAGR %	2.8	1.81	-4.88	-4.26	-3.13
Inventory, 5 Yr. CAGR %	-	-	-15.49	-5.22	-2.09
Accounts Receivable, 5 Yr. CAGR %	-37.54	-16.35	-8.97	1.78	5.84
Total Assets, 5 Yr. CAGR %	3.05	1.68	-3.82	-3.64	-2.69
Common Equity, 5 Yr. CAGR %	2.91	0.07	-4.95	-3.81	-3.12
Tangible Book Value, 5 Yr. CAGR %	2.91	0.07	-4.95	-3.81	-3.12
Cash From Operations, 5 Yr. CAGR %	-7.53	-18.31	-24.25	-8.74	-6.58
Capital Expenditures, 5 Yr. CAGR %	-	-69.9	-4.36	-10.06	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	8.08	-39.98	-2.35	-38.57
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	4.55	-28.84	-1.89	-22.81
Dividend Per Share, 5 Yr. CAGR %	-24.06	-28.83	-20.17	-12.5	-12.53