Murano Global Investments Plc

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $1.5m $6.4m $286.7m $730.0m $1.1b
Employee Benefits $19.0m $53.9m $158.8m $325.5m $401.8m
Sales commissions $0 $0 $12.0m $37.6m $33.8m
Management fees operators $0 $0 $6.0m $23.9m $49.8m
Depreciation and amortization $0 $1.8m $135.5m $319.8m $288.4m
Property tax $6.6m $15.6m $10.1m $12.4m $10.1m
Fees $42.3m $67.5m $81.2m $151.7m $141.4m
Administrative fees $0 $1.8m $16.1m $17.5m $5.0m
Maintenance and conservation $0 $10.2m $9.7m $52.7m $86.7m
Advertising $2.7m $9.8m $7.3m $53.1m $48.7m
Donations $0 $1.0m $7.7m $7.8m $5.6m
Insurance $2.6m $3.9m $14.8m $35.8m $46.7m
Software $0 $2.2m $6.7m $6.9m $1.5m
Cleaning and laundry $0 $1.6m $9.2m $11.3m $11.7m
Replacement reserve (FF&E & OS&E) $0 $9.3m $35.4m
Bank commissions $0 $6.7m $8.3m $31.1m $36.2m
Operating supplies and equipment $0 $0 $21.8m $468k
Other income $33.7m $33.5m $25.6m $190.2m $83.8m
Gain (loss) on revaluation of investment property $60.9m $298.1m ($86.6m) $239.5m $75.0m
Changes in fair value of financial derivative instruments $200.7m ($75.9m) ($43.3m) $0
Changes in fair value of warrants $0 $0 ($51.9m) $63.5m
Changes in fair value of crypto assets $0 $0 $1.0m
Exchange rate income (loss), net $306k $276.7m $768.7m ($1.5b) $1.4b
Interest income $851k $556k $8.8m $34.9m $14.4m
(Loss) profit before income taxes $351k $475.1m $5.7m ($3.5b) ($285.3m)
Net (loss) profit for the period ($105.5m) $244.4m $57.8m ($3.6b) ($282.4m)
Revaluation of property, construction in process and equipment net of deferred income tax $167.3m $4.2b ($623.0m) $234.4m ($2.6b)
Remeasurement of net defined benefit liability net of deferred income tax $659k ($1.8m) $87k $12k $956k
Cumulative translation adjustment $0 $0 ($5.2m) ($9.9m)
Other comprehensive income (loss) for the period $168.0m $4.2b ($622.9m) $229.1m ($2.7b)
Total comprehensive (loss) income $62.4m $4.4b ($565.1m) ($3.3b) ($2.9b)
Food & Beverage and service cost $0 $1.2m $50.5m $98.4m $197.0m
Utility expenses $0 $2.4m $11.8m $67.5m $65.6m
Other costs $20.4m $45.1m $62.2m $107.5m $84.9m
Other expense ($28.7m) ($3.9m) ($9.8m) ($5.5m) ($2.2m)
Listing expense $0 $0 ($917.4m) $0
Interest expenses ($50.5m) ($86.5m) ($303.7m) ($797.0m) ($1.5b)
Income tax (benefit) expense ($105.9m) ($230.7m) $52.1m ($72.7m) ($2.9m)
Total direct and selling, general and administrative expenses $93.5m $250.6m $608.1m $1.4b $1.6b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.