LondonMetric Property Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Rental Revenue	426.5	396.7	178.1	146.7	133.2	122.2
Other Revenue	6	6.1	-0.1	-10.3	23.3	6.9
Total Revenue	432.5	402.8	178	136.4	156.5	129.1
Revenue Growth (YoY	45.23%	126.29%	30.50%	-12.84%	21.22%	23.54%
Property Expenses	6	4.9	1.7	1.5	1.5	1.6
Selling, General & Administrative	12.8	11.1	7.6	6.9	6.4	6.5
Depreciation & Amortization	0.6	0.6	0.7	0.6	0.6	0.7
Other Operating Expenses	15.4	15.4	11.4	8.9	9	8.6
Total Operating Expenses	34.8	32	21.4	17.9	17.5	17.4
Operating Income	397.7	370.8	156.6	118.5	139	111.7
Interest Expense	-125.1	-114.6	-42.3	-31	-23	-20.2
Interest & Investment Income	19.6	23.7	8.5	2.9	0.5	0.6
Other Non-Operating Income	-21.8	-21	-7.5	-5.4	-1.4	2.8
EBT Excluding Unusual Items	270.4	258.9	115.3	85	115.1	94.9
Merger & Restructuring Charges	-16.3	-	-29.8	-	-	-
Impairment of Goodwill	-8.1	-	-	-	-	-
Gain (Loss) on Sale of Investments	1.6	0.9	-	-	-	-
Gain (Loss) on Sale of Assets	-23.7	-13	-7.4	-14.7	8	0.8
Asset Writedown	94.6	106	-7.5	-577.4	615.2	169.9
Other Unusual Items	-	-	49.4	-0.4	-	-7.5
Pretax Income	318.5	352.8	120	-507.5	738.3	258.1
Income Tax Expense	1.7	2.2	0.1	0.1	0.1	0.1
Earnings From Continuing Operations	316.8	350.6	119.9	-507.6	738.2	258
Minority Interest in Earnings	-2.4	-2.7	-1.2	1.3	-3.7	-0.7
Net Income	314.4	347.9	118.7	-506.3	734.5	257.3
Net Income to Common	314.4	347.9	118.7	-506.3	734.5	257.3
Net Income Growth	56.03%	193.09%	-	-	185.46%	-
Basic Shares Outstanding	2,123	2,040	1,117	979	932	899
Diluted Shares Outstanding	2,130	2,046	1,122	979	936	904
Shares Change (YoY)	30.22%	82.39%	14.64%	4.51%	3.58%	11.56%
EPS (Basic)	0.15	0.17	0.11	-0.52	0.79	0.29
EPS (Diluted)	0.15	0.17	0.11	-0.52	0.78	0.28
EPS Growth	20.18%	60.38%	-	-	175.62%	-
Dividend Per Share	0.124	0.120	0.102	0.095	0.092	0.086
Dividend Growth	11.71%	17.65%	7.37%	2.70%	6.94%	4.22%
Operating Margin	91.95%	92.06%	87.98%	86.88%	88.82%	86.52%
Profit Margin	72.69%	86.37%	66.69%	-371.19%	469.33%	199.30%
EBITDA	398.25	371.4	157.3	119.1	139.6	112.4
EBITDA Margin	92.08%	92.20%	88.37%	87.32%	89.20%	87.06%
D&A For Ebitda	0.55	0.6	0.7	0.6	0.6	0.7
EBIT	397.7	370.8	156.6	118.5	139	111.7
EBIT Margin	91.95%	92.06%	87.98%	86.88%	88.82%	86.52%
Effective Tax Rate	0.53%	0.62%	0.08%	-	0.01%	0.04%

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