Sella Capital Real Estate Income Statement

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

Millions ILS. 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	397	371	353.6	315.3	260.6	Upgrade
Total Revenue	397	371	353.6	315.3	260.6	Upgrade
Revenue Growth (YoY	7.01%	4.92%	12.15%	20.99%	9.68%	Upgrade
Property Expenses	67.79	64	59.11	50.85	47.89	Upgrade
Selling, General & Administrative	14.55	12.03	12.13	9.97	8.72	Upgrade
Other Operating Expenses	0.66	0.47	0.36	0.18	0.29	Upgrade
Total Operating Expenses	83	76.5	71.6	61	56.9	Upgrade
Operating Income	314	294.5	282	254.3	203.7	Upgrade
Interest Expense	-62.53	-59.69	-48.05	-157.6	-35.24	Upgrade
Interest & Investment Income	4.4	3.2	5.48	-	-	Upgrade
Other Non-Operating Income	-83.87	-115.01	-100.73	-1.7	-42.76	Upgrade
EBT Excluding Unusual Items	172	123	138.7	95	125.7	Upgrade
Asset Writedown	128	90	41.3	171	230.8	Upgrade
Pretax Income	300	213	180	266	356.5	Upgrade
Net Income	300	213	180	266	356.5	Upgrade
Net Income to Common	300	213	180	266	356.5	Upgrade
Net Income Growth	40.84%	18.33%	-32.33%	-25.39%	121.43%	Upgrade
Basic Shares Outstanding	231	224	218	217	206	Upgrade
Diluted Shares Outstanding	248	224	219	219	208	Upgrade
Shares Change (YoY)	10.57%	2.17%	0.29%	4.83%	6.96%	Upgrade
EPS (Basic)	1.30	0.95	0.82	1.23	1.73	Upgrade
EPS (Diluted)	1.21	0.95	0.82	1.22	1.71	Upgrade
EPS Growth	27.37%	15.85%	-32.79%	-28.66%	106.02%	Upgrade
Dividend Per Share	0.570	0.560	0.550	0.520	0.494	Upgrade
Dividend Growth	1.79%	1.82%	5.77%	5.26%	3.35%	Upgrade
Operating Margin	79.09%	79.38%	79.75%	80.65%	78.17%	Upgrade
Profit Margin	75.57%	57.41%	50.91%	84.36%	136.80%	Upgrade
EBITDA	315.72	295.65	-	-	-	Upgrade
EBITDA Margin	79.53%	79.69%	-	-	-	Upgrade
D&A For Ebitda	1.72	1.15	-	-	-	Upgrade
EBIT	314	294.5	282	254.3	203.7	Upgrade
EBIT Margin	79.09%	79.38%	79.75%	80.65%	78.17%	Upgrade

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