Panther Securities 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
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
Rental Revenue	14.85	15.05	14.46	13.41	13.17
Total Revenue	14.85	15.05	14.46	13.41	13.17
Revenue Growth (YoY	-1.31%	4.08%	7.80%	1.81%	0.93%
Property Expenses	6.46	6.7	6.63	5.75	4.65
Selling, General & Administrative	1.85	1.66	1.84	1.64	1.49
Other Operating Expenses	-0.26	-0.79	-1.04	-1.01	-0.96
Total Operating Expenses	8.31	8.1	8.11	7.08	5.47
Operating Income	6.54	6.95	6.35	6.33	7.7
Interest Expense	-4.67	-1.04	-6.79	14.98	11.63
Interest & Investment Income	0.16	0.16	0.11	0.03	0.03
Other Non-Operating Income	-0.18	-	-	-	-5
EBT Excluding Unusual Items	1.84	6.08	-0.34	21.34	14.36
Gain (Loss) on Sale of Investments	-	-	-0	-0.28	-0.1
Gain (Loss) on Sale of Assets	0.51	1.3	0.31	0.46	0.7
Asset Writedown	3.21	1.3	5.53	1.38	0.96
Pretax Income	5.56	8.67	5.5	22.9	15.92
Income Tax Expense	1.31	1.98	1.08	5.92	2.41
Earnings From Continuing Operations	4.25	6.69	4.42	16.99	13.51
Net Income to Company	4.25	6.69	4.42	16.99	13.51
Net Income	4.25	6.69	4.42	16.99	13.51
Net Income to Common	4.25	6.69	4.42	16.99	13.51
Net Income Growth	-36.40%	51.19%	-73.96%	25.71%	411.01%
Basic Shares Outstanding	17	17	17	18	18
Diluted Shares Outstanding	17	17	17	18	18
Shares Change (YoY)	-0.35%	-0.29%	-0.60%	-0.60%	-
EPS (Basic)	0.24	0.38	0.25	0.97	0.76
EPS (Diluted)	0.24	0.38	0.25	0.97	0.76
EPS Growth	-36.17%	51.63%	-73.80%	26.47%	411.01%
Dividend Per Share	-	0.120	0.120	0.120	0.120
Operating Margin	44.05%	46.20%	43.90%	47.21%	58.47%
Profit Margin	28.64%	44.44%	30.59%	126.65%	102.57%
EBITDA	6.84	7.49	6.37	6.38	-
EBITDA Margin	46.09%	49.80%	44.05%	47.54%	-
D&A For Ebitda	0.3	0.54	0.02	0.05	-
EBIT	6.54	6.95	6.35	6.33	7.7
EBIT Margin	44.05%	46.20%	43.90%	47.21%	58.47%
Effective Tax Rate	23.51%	22.88%	19.57%	25.84%	15.14%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.