Axis Real Estate Investment Trust
KLSE:AXREIT
Income Statement
Earnings Waterfall
Axis Real Estate Investment Trust
Revenue
|
288.4m
MYR
|
Cost of Revenue
|
-43m
MYR
|
Gross Profit
|
245.4m
MYR
|
Operating Expenses
|
-43.6m
MYR
|
Operating Income
|
201.8m
MYR
|
Other Expenses
|
16m
MYR
|
Net Income
|
217.8m
MYR
|
Income Statement
Axis Real Estate Investment Trust
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
144
N/A
|
144
+0%
|
144
0%
|
142
-2%
|
140
-1%
|
146
+4%
|
153
+5%
|
162
+6%
|
166
+2%
|
166
+0%
|
166
+0%
|
166
0%
|
171
+3%
|
173
+1%
|
173
+0%
|
173
+0%
|
173
0%
|
175
+1%
|
181
+3%
|
192
+6%
|
211
+10%
|
221
+5%
|
227
+3%
|
229
+1%
|
222
-3%
|
223
+0%
|
225
+1%
|
228
+1%
|
232
+2%
|
234
+1%
|
239
+2%
|
242
+1%
|
246
+2%
|
255
+4%
|
267
+5%
|
276
+4%
|
284
+3%
|
288
+1%
|
283
-2%
|
284
+0%
|
288
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(24)
|
(24)
|
(25)
|
(26)
|
(27)
|
(27)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(27)
|
(28)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(33)
|
(34)
|
(34)
|
(34)
|
(33)
|
(33)
|
(33)
|
(35)
|
(38)
|
(39)
|
(42)
|
(42)
|
(43)
|
(43)
|
|
Gross Profit |
123
N/A
|
123
0%
|
122
0%
|
120
-2%
|
119
-1%
|
124
+5%
|
130
+5%
|
139
+7%
|
142
+2%
|
142
+0%
|
141
-1%
|
140
-1%
|
144
+3%
|
146
+1%
|
146
+0%
|
147
+0%
|
146
0%
|
148
+2%
|
153
+3%
|
164
+7%
|
183
+11%
|
192
+5%
|
199
+3%
|
200
+0%
|
192
-4%
|
191
0%
|
192
+1%
|
195
+1%
|
199
+2%
|
200
+1%
|
205
+2%
|
209
+2%
|
213
+2%
|
221
+4%
|
231
+4%
|
238
+3%
|
245
+3%
|
246
+0%
|
241
-2%
|
241
+0%
|
245
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(16)
|
(16)
|
(16)
|
(13)
|
(15)
|
(17)
|
(19)
|
(22)
|
(22)
|
(21)
|
(21)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(23)
|
(21)
|
(22)
|
(18)
|
(21)
|
(23)
|
(27)
|
(24)
|
(22)
|
(24)
|
(23)
|
(27)
|
(28)
|
(31)
|
(29)
|
(29)
|
(34)
|
(26)
|
(28)
|
(28)
|
(33)
|
(39)
|
(40)
|
(44)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(20)
|
(21)
|
(22)
|
(22)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(30)
|
(28)
|
(27)
|
(28)
|
(25)
|
(28)
|
(32)
|
(35)
|
(38)
|
(38)
|
(37)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
|
Other Operating Expenses |
(2)
|
(3)
|
(2)
|
(3)
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(1)
|
4
|
(0)
|
(2)
|
(5)
|
(2)
|
2
|
1
|
3
|
(0)
|
(1)
|
(0)
|
(0)
|
(2)
|
(5)
|
(0)
|
0
|
5
|
2
|
(1)
|
(1)
|
(7)
|
|
Operating Income |
108
N/A
|
107
-1%
|
106
0%
|
104
-3%
|
105
+1%
|
109
+4%
|
113
+4%
|
120
+6%
|
120
+0%
|
120
+0%
|
120
0%
|
119
0%
|
124
+4%
|
124
+0%
|
125
+0%
|
125
0%
|
124
-1%
|
126
+1%
|
132
+5%
|
142
+8%
|
165
+16%
|
171
+4%
|
176
+2%
|
173
-1%
|
167
-3%
|
169
+1%
|
168
-1%
|
171
+2%
|
171
0%
|
172
+1%
|
174
+1%
|
180
+4%
|
184
+2%
|
188
+2%
|
205
+9%
|
210
+2%
|
218
+4%
|
213
-2%
|
202
-5%
|
202
0%
|
202
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
6
|
4
|
10
|
5
|
2
|
8
|
(14)
|
(23)
|
(22)
|
(17)
|
(5)
|
(2)
|
(5)
|
(18)
|
(22)
|
(1)
|
6
|
3
|
(10)
|
(6)
|
(17)
|
(19)
|
(20)
|
46
|
47
|
50
|
53
|
(29)
|
(27)
|
(28)
|
(30)
|
20
|
24
|
22
|
24
|
(26)
|
(30)
|
(32)
|
(33)
|
20
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
111
N/A
|
113
+1%
|
110
-2%
|
114
+3%
|
111
-3%
|
111
+1%
|
121
+9%
|
106
-13%
|
97
-9%
|
98
+2%
|
103
+5%
|
115
+12%
|
122
+6%
|
120
-2%
|
107
-11%
|
103
-4%
|
123
+19%
|
131
+7%
|
135
+3%
|
132
-2%
|
159
+21%
|
155
-3%
|
157
+1%
|
153
-2%
|
213
+39%
|
216
+1%
|
218
+1%
|
224
+3%
|
143
-36%
|
145
+2%
|
146
+0%
|
150
+3%
|
204
+36%
|
212
+4%
|
227
+7%
|
234
+3%
|
192
-18%
|
183
-5%
|
170
-7%
|
169
-1%
|
222
+31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
|
Income from Continuing Operations |
111
|
113
|
110
|
114
|
111
|
111
|
121
|
106
|
97
|
98
|
103
|
115
|
122
|
120
|
107
|
103
|
123
|
131
|
135
|
132
|
155
|
150
|
152
|
149
|
209
|
212
|
214
|
220
|
142
|
145
|
145
|
150
|
200
|
208
|
224
|
230
|
190
|
181
|
169
|
167
|
218
|
|
Net Income (Common) |
111
N/A
|
113
+1%
|
110
-2%
|
114
+3%
|
111
-3%
|
111
+1%
|
121
+9%
|
106
-13%
|
97
-9%
|
98
+2%
|
103
+5%
|
115
+12%
|
122
+6%
|
120
-2%
|
107
-11%
|
103
-4%
|
123
+19%
|
131
+7%
|
135
+3%
|
132
-2%
|
155
+17%
|
150
-3%
|
152
+1%
|
149
-2%
|
209
+41%
|
212
+1%
|
214
+1%
|
220
+3%
|
142
-35%
|
145
+2%
|
145
+0%
|
150
+3%
|
200
+34%
|
208
+4%
|
224
+7%
|
230
+3%
|
190
-17%
|
181
-5%
|
169
-7%
|
167
-1%
|
218
+30%
|
|
EPS (Diluted) |
0.12
N/A
|
0.12
N/A
|
0.11
-8%
|
0.11
N/A
|
0.12
+9%
|
0.11
-8%
|
0.12
+9%
|
0.1
-17%
|
0.09
-10%
|
0.09
N/A
|
0.09
N/A
|
0.1
+11%
|
0.11
+10%
|
0.1
-9%
|
0.09
-10%
|
0.09
N/A
|
0.1
+11%
|
0.11
+10%
|
0.11
N/A
|
0.1
-9%
|
0.13
+30%
|
0.11
-15%
|
0.11
N/A
|
0.11
N/A
|
0.15
+36%
|
0.15
N/A
|
0.15
N/A
|
0.15
N/A
|
0.1
-33%
|
0.09
-10%
|
0.09
N/A
|
0.1
+11%
|
0.14
+40%
|
0.14
N/A
|
0.15
+7%
|
0.15
N/A
|
0.12
-20%
|
0.12
N/A
|
0.11
-8%
|
0.1
-9%
|
0.13
+30%
|