Ingenia Communities (ASX:INA) announced financial results for the full-year ended 30 June 2022.
Revenue of $338.1 million, up 14%.
Statutory profit of $100.6 million, up 38%.
EBIT of $101.7 million, up 8%.
Underlying EPS of 23.3 cents, down 1%.
Operating cash flow of $114.9 million, down 17%.
Record 409 new home settlements with significant growth forecast in coming years.
Strong balance sheet maintained - debt capacity and capital recycling to underpin future investment.
Delivered on FY22 guidance with EBIT growth of 8% and underlying EPS down 0.3 cps on FY21.
Following the announcement the company?s share price fell 2.820%.