National Storage REIT Income Statement

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Rental Revenue	350.6	333.1	312.74	260.93	201.56
Other Revenue	39.6	20.9	14.72	16.95	14.96
Total Revenue	390.2	354	327.46	277.88	216.51
Revenue Growth (YoY	10.23%	8.11%	17.84%	28.34%	22.91%
Property Expenses	59.4	50.5	44.43	39.89	31.2
Selling, General & Administrative	23	17.9	18.32	16.33	11.79
Other Operating Expenses	81.3	75.6	74.49	66.65	55.89
Total Operating Expenses	163.7	144	137.24	122.87	98.87
Operating Income	226.5	210	190.22	155.01	117.64
Interest Expense	-59.3	-48.6	-42.6	-24.32	-27.58
Interest & Investment Income	1.9	2.3	2.65	0.75	0.87
Currency Exchange Gain (Loss)	1.5	-0.5	1.4	-0.83	-0.07
Other Non-Operating Income	-31.1	-1.3	-3.31	-7.82	-10.92
EBT Excluding Unusual Items	139.5	161.9	148.36	122.79	79.93
Gain (Loss) on Sale of Investments	9	0.3	-0.1	2	-0.2
Gain (Loss) on Sale of Assets	-10.2	-9.7	-8.36	-6.76	-4.13
Asset Writedown	113.7	94.2	194.32	516.95	235.79
Pretax Income	248.4	241.8	334.22	630.86	310.57
Income Tax Expense	12.3	11.5	13.82	10.24	0.86
Earnings From Continuing Operations	236.1	230.3	320.4	620.62	309.71
Minority Interest in Earnings	-208.6	-201.3	-283.1	-593.4	-305.98
Net Income	27.5	29	37.3	27.22	3.73
Net Income to Common	27.5	29	37.3	27.22	3.73
Net Income Growth	-5.17%	-22.26%	37.05%	630.15%	-
Basic Shares Outstanding	1,384	1,364	1,244	1,198	1,028
Diluted Shares Outstanding	1,385	1,364	1,246	1,200	1,028
Shares Change (YoY)	1.50%	9.50%	3.81%	16.72%	23.18%
EPS (Basic)	0.02	0.02	0.03	0.02	0.00
EPS (Diluted)	0.02	0.02	0.03	0.02	0.00
EPS Growth	-6.58%	-29.01%	32.02%	525.57%	-
Dividend Per Share	0.111	0.110	0.110	0.100	0.082
Dividend Growth	0.91%	-	10.00%	21.95%	1.23%
Operating Margin	58.05%	59.32%	58.09%	55.78%	54.33%
Profit Margin	7.05%	8.19%	11.39%	9.80%	1.72%
EBITDA	228.3	211.6	191.56	156.86	118.83
EBITDA Margin	58.51%	59.77%	58.50%	56.45%	54.88%
D&A For Ebitda	1.8	1.6	1.34	1.85	1.19
EBIT	226.5	210	190.22	155.01	117.64
EBIT Margin	58.05%	59.32%	58.09%	55.78%	54.33%
Effective Tax Rate	4.95%	4.76%	4.13%	1.62%	0.28%
Revenue as Reported	392.4	355.4	330.04	278.89	217.75

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.