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    Ingenia Communities (ASX:INA) announces full year results

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    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%.

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