Social Housing 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 - 2017
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 - 2017
Rental Revenue	40.74	39.07	39.84	37.3	33.12	Upgrade
Other Revenue	0.03	0.11	-	0.11	-	Upgrade
Total Revenue	40.77	39.18	39.84	37.41	33.12	Upgrade
Revenue Growth (YoY	4.07%	-1.66%	6.49%	12.96%	14.48%	Upgrade
Property Expenses	3.27	7.81	4.65	4.7	4.55	Upgrade
Selling, General & Administrative	4.35	3.86	3.56	3.16	2.37	Upgrade
Total Operating Expenses	8.35	15.01	12.8	9.94	6.93	Upgrade
Operating Income	32.42	24.17	27.04	27.47	26.19	Upgrade
Interest Expense	-7.54	-7.55	-7.57	-10.88	-6.82	Upgrade
Interest & Investment Income	0.3	0.15	0.05	0.06	0.04	Upgrade
Other Non-Operating Income	-0.13	-0.13	-0.01	-0.01	-0.01	Upgrade
EBT Excluding Unusual Items	25.05	16.64	19.51	16.64	19.41	Upgrade
Asset Writedown	-22.05	-53.03	15.48	8.26	9	Upgrade
Pretax Income	2.99	-36.39	34.99	24.9	28.41	Upgrade
Net Income	2.99	-36.39	34.99	24.9	28.41	Upgrade
Net Income to Common	2.99	-36.39	34.99	24.9	28.41	Upgrade
Net Income Growth	-	-	40.51%	-12.35%	15.52%	Upgrade
Basic Shares Outstanding	393	393	397	403	403	Upgrade
Diluted Shares Outstanding	393	393	397	403	403	Upgrade
Shares Change (YoY)	-	-0.89%	-1.44%	-	11.62%	Upgrade
EPS (Basic)	0.01	-0.09	0.09	0.06	0.07	Upgrade
EPS (Diluted)	0.01	-0.09	0.09	0.06	0.07	Upgrade
EPS Growth	-	-	42.55%	-12.35%	3.49%	Upgrade
Dividend Per Share	0.056	0.055	0.055	0.055	0.052	Upgrade
Dividend Growth	2.97%	-	-	5.00%	0.39%	Upgrade
Operating Margin	79.51%	61.70%	67.87%	73.43%	79.09%	Upgrade
Profit Margin	7.34%	-92.88%	87.83%	66.56%	85.79%	Upgrade
EBIT	32.42	24.17	27.04	27.47	26.19	Upgrade
EBIT Margin	79.51%	61.70%	67.87%	73.43%	79.09%	Upgrade
Revenue as Reported	40.03	35.85	35.25	35.34	33.12	Upgrade

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