Turnstar Holdings Income Statement

Financials in millions BWP. Fiscal year is February - January.

Millions BWP. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021	2016 - 2020
Rental Revenue	344.11	328.5	291.27	266.6	245.27	Upgrade
Other Revenue	1.59	1.51	1.15	0.87	1.14	Upgrade
Total Revenue	345.7	330.01	292.42	267.47	246.41	Upgrade
Revenue Growth (YoY	4.75%	12.86%	9.33%	8.55%	-9.08%	Upgrade
Property Expenses	93.71	88.97	84.89	77.67	68.32	Upgrade
Selling, General & Administrative	21	18.89	23.67	18.33	19.45	Upgrade
Depreciation & Amortization	0.65	0.47	0.5	0.96	1.3	Upgrade
Other Operating Expenses	37.09	37.73	25.88	24.35	20.54	Upgrade
Total Operating Expenses	152.45	146.06	134.93	118.26	116.75	Upgrade
Operating Income	193.25	183.95	157.48	149.21	129.66	Upgrade
Interest Expense	-38.89	-38.79	-30.9	-21.28	-25.85	Upgrade
Interest & Investment Income	0.5	0.66	0.02	0.24	0.25	Upgrade
Currency Exchange Gain (Loss)	-4.07	-10.32	-11.62	-4.91	-2.63	Upgrade
Other Non-Operating Income	-3.32	-7.78	-4.14	-	-	Upgrade
EBT Excluding Unusual Items	147.48	127.73	110.84	123.26	101.43	Upgrade
Impairment of Goodwill	-	-	-29.86	-	-12.4	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	Upgrade
Asset Writedown	41.08	49.78	31.18	-8.9	-7.19	Upgrade
Pretax Income	188.56	177.51	112.16	114.36	81.85	Upgrade
Income Tax Expense	53.1	30.28	-7.61	13.43	0.55	Upgrade
Earnings From Continuing Operations	135.46	147.23	119.76	100.94	81.31	Upgrade
Net Income to Company	135.46	147.23	119.76	100.94	81.31	Upgrade
Net Income	135.46	147.23	119.76	100.94	81.31	Upgrade
Net Income to Common	135.46	147.23	119.76	100.94	81.31	Upgrade
Net Income Growth	-7.99%	22.93%	18.65%	24.14%	-30.05%	Upgrade
Basic Shares Outstanding	572	572	572	572	572	Upgrade
Diluted Shares Outstanding	572	572	572	572	572	Upgrade
EPS (Basic)	0.24	0.26	0.21	0.18	0.14	Upgrade
EPS (Diluted)	0.24	0.26	0.21	0.18	0.14	Upgrade
EPS Growth	-7.99%	22.93%	18.65%	26.01%	-31.09%	Upgrade
Dividend Per Share	0.200	0.200	0.180	0.180	0.190	Upgrade
Dividend Growth	-	11.11%	-	-5.26%	111.11%	Upgrade
Operating Margin	55.90%	55.74%	53.86%	55.79%	52.62%	Upgrade
Profit Margin	39.18%	44.61%	40.96%	37.74%	33.00%	Upgrade
EBITDA	193.9	184.42	157.98	150.17	130.96	Upgrade
EBITDA Margin	56.09%	55.88%	54.02%	56.15%	53.15%	Upgrade
D&A For Ebitda	0.65	0.47	0.5	0.96	1.3	Upgrade
EBIT	193.25	183.95	157.48	149.21	129.66	Upgrade
EBIT Margin	55.90%	55.74%	53.86%	55.79%	52.62%	Upgrade
Effective Tax Rate	28.16%	17.06%	-	11.74%	0.67%	Upgrade

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