Seef Properties B.S.C. (BAX:SEEF)

Seef Properties B.S.C. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	10.16	10.59	11.97	11.29	11.06	11.2
Other Revenue	4.39	4.26	3.66	2.7	0.62	1.25
Total Revenue	14.55	14.85	15.63	13.99	11.68	12.45
Revenue Growth (YoY	-3.69%	-4.99%	11.78%	19.70%	-6.18%	-31.26%
Property Expenses	3.9	4.03	3.84	3.7	2.34	1.98
Selling, General & Administrative	4.14	4.15	3.96	3.68	2.78	2.34
Depreciation & Amortization	0.73	0.66	0.58	0.39	0.53	0.74
Other Operating Expenses	0.2	0.1	0.22	-0.14	-0.08	0.28
Total Operating Expenses	9.26	9.15	8.88	6.94	6.19	6.17
Operating Income	5.29	5.7	6.75	7.04	5.49	6.28
Interest Expense	-0.71	-0.82	-0.95	-0.91	-0.8	-0.7
Interest & Investment Income	1.08	1.23	1.17	0.53	0.06	0.04
EBT Excluding Unusual Items	5.66	6.12	6.97	6.66	4.75	5.62
Gain (Loss) on Sale of Investments	-	-	-	0.16	-	-
Asset Writedown	-0.67	-0.67	-0.67	-0.67	0.09	-1.09
Pretax Income	5	5.45	6.3	6.15	4.84	4.53
Earnings From Continuing Operations	5	5.45	6.3	6.15	4.84	4.53
Minority Interest in Earnings	0.21	0.15	0.14	0.05	0.18	-0
Net Income	5.2	5.61	6.44	6.2	5.02	4.52
Net Income to Common	5.2	5.61	6.44	6.2	5.02	4.52
Net Income Growth	-16.10%	-12.94%	3.95%	23.46%	10.91%	-58.59%
Basic Shares Outstanding	456	459	460	460	460	460
Diluted Shares Outstanding	456	459	460	460	460	460
Shares Change (YoY)	-0.97%	-0.32%	-	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	-15.27%	-12.66%	3.96%	23.46%	10.91%	-58.59%
Dividend Per Share	0.009	0.009	0.009	0.008	0.006	0.005
Dividend Growth	-	-	12.50%	33.33%	20.00%	-66.67%
Operating Margin	36.34%	38.39%	43.17%	50.35%	46.99%	50.43%
Profit Margin	35.76%	37.75%	41.20%	44.30%	42.95%	36.33%
EBITDA	6.39	6.75	7.73	7.83	6.1	7.03
EBITDA Margin	43.93%	45.42%	49.48%	56.02%	52.23%	56.46%
D&A For Ebitda	1.11	1.04	0.99	0.79	0.61	0.75
EBIT	5.29	5.7	6.75	7.04	5.49	6.28
EBIT Margin	36.34%	38.39%	43.17%	50.35%	46.99%	50.43%
Revenue as Reported	-	-	-	-	11.6	-

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.