Tritax Big Box REIT Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	306	281.1	222.2	206.2	184.7	161.6
Other Revenue	18.1	13.2	6.6	6.8	5.2	4.5
Total Revenue	324.1	294.3	228.8	213	189.9	166.1
Revenue Growth (YoY	31.27%	28.63%	7.42%	12.16%	14.33%	11.85%
Property Expenses	25.9	18.2	6.3	6.5	5.2	4.7
Selling, General & Administrative	36.5	33.7	28.9	32.2	25.5	22.6
Other Operating Expenses	-24.1	-23	-	-9.3	-18.9	-8.6
Total Operating Expenses	38.3	28.9	38.1	31.3	17.3	24.6
Operating Income	285.8	265.4	190.7	181.7	172.6	141.5
Interest Expense	-66.5	-65	-53.2	-37.7	-38.1	-36
Interest & Investment Income	9.8	8.6	10.4	1.6	-	-
Other Non-Operating Income	-17.6	-12.2	-13.3	13.2	0.8	-3.9
EBT Excluding Unusual Items	211.5	196.8	134.6	158.8	135.3	101.6
Gain (Loss) on Sale of Investments	-0.8	0.9	-0.1	-	-	-
Gain (Loss) on Sale of Assets	3.1	8.4	-1.6	-	2	0.1
Asset Writedown	210.1	239.7	-40.8	-760.9	838	350.7
Other Unusual Items	-	-	-21.5	1.1	-4.2	-2.9
Pretax Income	423.9	445.8	70.6	-601	971.1	449.5
Income Tax Expense	-1.3	0.3	0.6	-1.6	-1.5	0.1
Net Income	425.2	445.5	70	-599.4	972.6	449.4
Net Income to Common	425.2	445.5	70	-599.4	972.6	449.4
Net Income Growth	171.87%	536.43%	-	-	116.42%	218.27%
Basic Shares Outstanding	2,482	2,265	1,882	1,869	1,756	1,709
Diluted Shares Outstanding	2,482	2,265	1,882	1,869	1,769	1,709
Shares Change (YoY)	25.94%	20.34%	0.71%	5.63%	3.55%	1.09%
EPS (Basic)	0.17	0.20	0.04	-0.32	0.55	0.26
EPS (Diluted)	0.17	0.20	0.04	-0.32	0.55	0.26
EPS Growth	115.86%	428.84%	-	-	110.31%	213.68%
Dividend Per Share	0.078	0.077	0.073	0.070	0.067	0.064
Dividend Growth	5.24%	4.93%	4.29%	4.48%	4.69%	-6.57%
Operating Margin	88.18%	90.18%	83.35%	85.30%	90.89%	85.19%
Profit Margin	131.19%	151.38%	30.59%	-281.41%	512.16%	270.56%
EBITDA	286.6	266	192.4	183.4	178	146
EBITDA Margin	88.43%	90.38%	84.09%	86.10%	93.73%	87.90%
D&A For Ebitda	0.8	0.6	1.7	1.7	5.4	4.5
EBIT	285.8	265.4	190.7	181.7	172.6	141.5
EBIT Margin	88.18%	90.18%	83.35%	85.30%	90.89%	85.19%
Effective Tax Rate	-	0.07%	0.85%	-	-	0.02%

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