Heimar Income Statement

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

Millions ISK. 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	14,389	14,051	13,026	11,508	10,374	9,170
Other Revenue	1,671	1,675	1,332	894	641	566
Total Revenue	16,060	15,726	14,358	12,402	11,015	9,736
Revenue Growth (YoY	7.74%	9.53%	15.77%	12.59%	13.14%	-1.14%
Property Expenses	4,068	3,897	3,645	3,204	2,872	2,911
Selling, General & Administrative	852	886	723	626	532	444
Depreciation & Amortization	63	57	35	21	15	19
Total Operating Expenses	4,983	4,840	4,403	3,851	3,419	3,374
Operating Income	11,077	10,886	9,955	8,551	7,596	6,362
Interest Expense	-4,818	-4,607	-4,114	-3,102	-3,080	-3,515
Interest & Investment Income	409	280	250	112	71	70
Other Non-Operating Income	-4,118	-5,016	-7,702	-7,979	-4,001	-2,953
EBT Excluding Unusual Items	2,550	1,543	-1,611	-2,418	586	-36
Gain (Loss) on Sale of Assets	289	289	-85	126	227	133
Asset Writedown	3,337	8,152	6,518	5,993	6,935	1,475
Pretax Income	6,176	9,984	4,822	3,701	7,748	1,572
Income Tax Expense	1,090	1,751	1,004	787	1,577	298
Earnings From Continuing Operations	5,086	8,233	3,818	2,914	6,171	1,274
Net Income	5,086	8,233	3,818	2,914	6,171	1,274
Net Income to Common	5,086	8,233	3,818	2,914	6,171	1,274
Net Income Growth	154.30%	115.64%	31.02%	-52.78%	384.38%	-71.60%
Basic Shares Outstanding	1,798	1,802	1,809	1,813	1,823	1,793
Diluted Shares Outstanding	1,801	1,805	1,809	1,813	1,823	1,793
Shares Change (YoY)	-0.36%	-0.22%	-0.22%	-0.55%	1.67%	-1.32%
EPS (Basic)	2.83	4.57	2.11	1.61	3.39	0.71
EPS (Diluted)	2.82	4.56	2.11	1.61	3.39	0.71
EPS Growth	155.24%	116.11%	31.28%	-52.52%	376.41%	-71.22%
Dividend Per Share	0.430	0.430	-	-	0.820	-
Operating Margin	68.97%	69.22%	69.33%	68.95%	68.96%	65.34%
Profit Margin	31.67%	52.35%	26.59%	23.50%	56.02%	13.08%
EBITDA	11,140	10,943	9,990	8,572	7,611	6,381
EBITDA Margin	69.36%	69.58%	69.58%	69.12%	69.10%	65.54%
D&A For Ebitda	63	57	35	21	15	19
EBIT	11,077	10,886	9,955	8,551	7,596	6,362
EBIT Margin	68.97%	69.22%	69.33%	68.95%	68.96%	65.34%
Effective Tax Rate	17.65%	17.54%	20.82%	21.27%	20.35%	18.96%
Revenue as Reported	15,191	14,837	13,777	12,197	11,015	9,736

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