NZE:NZL Income Statement

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '21 Jun 30, 2021
Rental Revenue	22.28	19.87	15.35	10.4	0.6
Total Revenue	22.28	19.87	15.35	10.4	0.6
Revenue Growth (YoY	12.11%	29.44%	47.63%	1639.96%	-
Property Expenses	1.54	1.89	1.24	1.17	0.16
Selling, General & Administrative	3.01	1.57	1.51	5.05	2.54
Total Operating Expenses	4.54	3.46	2.75	6.23	2.7
Operating Income	17.73	16.41	12.6	4.17	-2.1
Interest Expense	-7.61	-8.81	-8.88	-4.14	-0.14
Interest & Investment Income	-	2.55	1.88	1.8	0.15
Other Non-Operating Income	-1.43	-9.79	-2.62	1.6	-0.23
EBT Excluding Unusual Items	8.69	0.36	2.98	3.43	-2.32
Asset Writedown	-0.19	23.86	7.39	37.6	19.83
Other Unusual Items	-	-0.16	-	-	-
Pretax Income	8.5	24.06	10.37	41.03	17.51
Income Tax Expense	0.65	0.98	-0.48	-0.75	-0.63
Net Income	7.86	23.08	10.85	41.78	18.14
Net Income to Common	7.86	23.08	10.85	41.78	18.14
Net Income Growth	-65.96%	112.63%	-74.02%	130.33%	-
Basic Shares Outstanding	145	140	135	106	40
Diluted Shares Outstanding	145	140	135	106	40
Shares Change (YoY)	3.22%	4.10%	26.67%	163.66%	-
EPS (Basic)	0.05	0.16	0.08	0.39	0.45
EPS (Diluted)	0.05	0.16	0.08	0.39	0.45
EPS Growth	-67.02%	104.25%	-79.49%	-12.64%	-
Dividend Per Share	-	0.040	-	0.040	-
Operating Margin	79.60%	82.57%	82.09%	40.11%	-351.81%
Profit Margin	35.27%	116.16%	70.71%	401.78%	3035.14%
EBITDA	17.76	-	-	-	-
EBITDA Margin	79.73%	-	-	-	-
D&A For Ebitda	0.03	-	-	-	-
EBIT	17.73	16.41	12.6	4.17	-2.1
EBIT Margin	79.60%	82.57%	82.09%	40.11%	-
Funds From Operations (FFO)	-	9.66	6.6	6.61	-0.22
Adjusted Funds From Operations (AFFO)	-	9.35	6.06	-	-
FFO Payout Ratio	-	12.32%	35.53%	54.51%	-
Effective Tax Rate	7.60%	4.07%	-	-	-
Revenue as Reported	22.28	19.87	15.35	10.4	0.6

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