UPDC Real Estate Investment Trust (NGX:UPDCREIT)
Nigeria
· Delayed Price · Currency is NGN 7.35
-0.25 (-3.29%)
At close: Apr 28, 2026
NGX:UPDCREIT Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 2,081 | 1,737 | 1,436 | 1,435 | 1,262 | 1,259 | Upgrade
|
| Gain (Loss) on Sale of Investments (Rev) | 7.3 | 7.91 | -16.47 | 0.67 | -24.51 | -329.85 | Upgrade
|
| Total Revenue | 3,257 | 3,020 | 2,518 | 1,894 | 1,611 | 1,315 | Upgrade
|
| Revenue Growth (YoY | 18.90% | 19.93% | 32.92% | 17.62% | 22.51% | -41.49% | Upgrade
|
| Property Expenses | 351.59 | 350.57 | 369.02 | 296.19 | 303.28 | 304.99 | Upgrade
|
| Selling, General & Administrative | 130.33 | 132.04 | 151.13 | 138.37 | 133.78 | 33.74 | Upgrade
|
| Depreciation & Amortization | 226.24 | 199.02 | 110.14 | 69.37 | 53.78 | 72.36 | Upgrade
|
| Other Operating Expenses | 25.2 | 2.02 | 11.01 | 4.92 | 36.16 | 12.23 | Upgrade
|
| Total Operating Expenses | 794.37 | 757.07 | 743.75 | 539.35 | 461.58 | 564.79 | Upgrade
|
| Operating Income | 2,463 | 2,263 | 1,774 | 1,355 | 1,149 | 749.83 | Upgrade
|
| Interest Expense | -4.51 | -4.99 | -3.58 | -5.56 | -2.53 | -2.16 | Upgrade
|
| Other Non-Operating Income | -24.68 | -24.42 | -23.94 | -21.43 | -21.82 | -23.44 | Upgrade
|
| EBT Excluding Unusual Items | 2,434 | 2,233 | 1,747 | 1,328 | 1,125 | 724.24 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | 410 | - | - | - | Upgrade
|
| Asset Writedown | 2,102 | 2,102 | 2,541 | 2,475 | 552.22 | -5,092 | Upgrade
|
| Pretax Income | 4,536 | 4,335 | 4,698 | 3,803 | 1,677 | -4,368 | Upgrade
|
| Income Tax Expense | - | - | - | - | - | 112.8 | Upgrade
|
| Net Income | 4,536 | 4,335 | 4,698 | 3,803 | 1,677 | -4,480 | Upgrade
|
| Net Income to Common | 4,536 | 4,335 | 4,698 | 3,803 | 1,677 | -4,480 | Upgrade
|
| Net Income Growth | 1.70% | -7.72% | 23.54% | 126.77% | - | - | Upgrade
|
| Basic Shares Outstanding | 2,668 | 2,668 | 2,668 | 2,668 | 2,668 | 2,668 | Upgrade
|
| Diluted Shares Outstanding | 2,668 | 2,668 | 2,668 | 2,668 | 2,668 | 2,668 | Upgrade
|
| EPS (Basic) | 1.70 | 1.62 | 1.76 | 1.43 | 0.63 | -1.68 | Upgrade
|
| EPS (Diluted) | 1.69 | 1.62 | 1.76 | 1.43 | 0.63 | -1.68 | Upgrade
|
| EPS Growth | 1.20% | -7.95% | 23.50% | 126.77% | - | - | Upgrade
|
| Dividend Per Share | 0.550 | 0.550 | 0.500 | 0.410 | 0.340 | 0.350 | Upgrade
|
| Dividend Growth | 10.00% | 10.00% | 21.95% | 20.59% | -2.86% | -50.00% | Upgrade
|
| Operating Margin | 75.61% | 74.93% | 70.46% | 71.53% | 71.34% | 57.04% | Upgrade
|
| Profit Margin | 139.24% | 143.56% | 186.57% | 200.74% | 104.12% | -340.81% | Upgrade
|
| EBITDA | 2,672 | 2,450 | 1,879 | 1,419 | 1,202 | 821.37 | Upgrade
|
| EBITDA Margin | 82.02% | 81.15% | 74.64% | 74.93% | 74.63% | 62.48% | Upgrade
|
| D&A For Ebitda | 208.53 | 187.87 | 105.21 | 64.44 | 52.95 | 71.53 | Upgrade
|
| EBIT | 2,463 | 2,263 | 1,774 | 1,355 | 1,149 | 749.83 | Upgrade
|
| EBIT Margin | 75.61% | 74.93% | 70.46% | 71.53% | 71.34% | 57.04% | Upgrade
|
| Revenue as Reported | 5,361 | 5,123 | 5,469 | 4,369 | 2,163 | -3,777 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.