Regional REIT Income Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Rental Revenue	78.63	90.98	91.88	93.32	79.9	Upgrade
Total Revenue	78.63	90.98	91.88	93.32	79.9	Upgrade
Revenue Growth (YoY	-13.58%	-0.98%	-1.54%	16.79%	5.21%	Upgrade
Property Expenses	44.53	50.28	44.73	39.09	24.08	Upgrade
Selling, General & Administrative	3.48	3.71	3.5	3.39	10.58	Upgrade
Total Operating Expenses	48.3	54.45	48.77	42.08	34.66	Upgrade
Operating Income	30.32	36.53	43.11	51.24	45.24	Upgrade
Interest Expense	-12.22	-15.22	-16.2	-17.28	-14.86	Upgrade
Interest & Investment Income	0.99	1.39	0.08	0.13	0.01	Upgrade
Income (Loss) on Equity Investments	-0.02	-	-	-	-	Upgrade
Other Non-Operating Income	-5.52	-2.13	-7.22	22.72	6.04	Upgrade
EBT Excluding Unusual Items	13.56	20.58	19.77	56.81	36.43	Upgrade
Gain (Loss) on Sale of Assets	-3.17	-3.18	-0.73	-8.56	0.85	Upgrade
Asset Writedown	-26.75	-56.87	-86.49	-113.42	-8.5	Upgrade
Pretax Income	-16.37	-39.47	-67.45	-65.17	28.77	Upgrade
Income Tax Expense	-0.01	0.07	0.01	-0.01	0.02	Upgrade
Net Income	-16.35	-39.54	-67.46	-65.16	28.76	Upgrade
Net Income to Common	-16.35	-39.54	-67.46	-65.16	28.76	Upgrade
Basic Shares Outstanding	162	118	81	52	46	Upgrade
Diluted Shares Outstanding	162	118	81	52	46	Upgrade
Shares Change (YoY)	37.13%	45.27%	57.77%	12.20%	6.52%	Upgrade
EPS (Basic)	-0.10	-0.33	-0.83	-1.26	0.63	Upgrade
EPS (Diluted)	-0.10	-0.33	-0.83	-1.26	0.63	Upgrade
Dividend Per Share	0.100	0.186	0.525	0.660	0.650	Upgrade
Dividend Growth	-46.24%	-64.57%	-20.46%	1.54%	1.56%	Upgrade
Operating Margin	38.57%	40.16%	46.92%	54.91%	56.62%	Upgrade
Profit Margin	-20.80%	-43.46%	-73.42%	-69.83%	35.99%	Upgrade
EBIT	30.32	36.53	43.11	51.24	45.24	Upgrade
EBIT Margin	38.57%	40.16%	46.92%	54.91%	56.62%	Upgrade
Effective Tax Rate	-	-	-	-	0.05%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.