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

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