Heimar Income Statement

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

Millions ISK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	16,036	15,404	14,051	13,026	11,508	10,374
Other Revenue	1,676	1,669	1,675	1,332	894	641
Total Revenue	17,712	17,073	15,726	14,358	12,402	11,015
Revenue Growth (YoY	11.48%	8.57%	9.53%	15.77%	12.59%	13.14%
Property Expenses	4,565	4,360	3,897	3,645	3,204	2,872
Selling, General & Administrative	915	885	886	723	626	532
Depreciation & Amortization	71	69	57	35	21	15
Total Operating Expenses	5,551	5,314	4,840	4,403	3,851	3,419
Operating Income	12,161	11,759	10,886	9,955	8,551	7,596
Interest Expense	-7,030	-5,018	-4,607	-4,114	-3,102	-3,080
Interest & Investment Income	242	242	280	250	112	71
Other Non-Operating Income	-4,359	-4,277	-5,016	-7,702	-7,979	-4,001
EBT Excluding Unusual Items	1,074	2,706	1,543	-1,611	-2,418	586
Gain (Loss) on Sale of Assets	51	-	289	-85	126	227
Asset Writedown	10,201	7,516	8,152	6,518	5,993	6,935
Pretax Income	11,326	10,222	9,984	4,822	3,701	7,748
Income Tax Expense	2,091	1,870	1,751	1,004	787	1,577
Earnings From Continuing Operations	9,235	8,352	8,233	3,818	2,914	6,171
Net Income	9,235	8,352	8,233	3,818	2,914	6,171
Net Income to Common	9,235	8,352	8,233	3,818	2,914	6,171
Net Income Growth	62.10%	1.44%	115.64%	31.02%	-52.78%	384.38%
Basic Shares Outstanding	1,937	1,888	1,802	1,809	1,813	1,823
Diluted Shares Outstanding	1,941	1,892	1,805	1,809	1,813	1,823
Shares Change (YoY)	8.05%	4.82%	-0.22%	-0.22%	-0.55%	1.67%
EPS (Basic)	4.77	4.42	4.57	2.11	1.61	3.39
EPS (Diluted)	4.75	4.41	4.56	2.11	1.61	3.39
EPS Growth	49.95%	-3.29%	116.11%	31.28%	-52.52%	376.41%
Dividend Per Share	0.400	0.400	0.430	-	-	0.820
Dividend Growth	-6.98%	-6.98%	-	-	-	-
Operating Margin	68.66%	68.88%	69.22%	69.33%	68.95%	68.96%
Profit Margin	52.14%	48.92%	52.35%	26.59%	23.50%	56.02%
EBITDA	12,232	11,828	10,943	9,990	8,572	7,611
EBITDA Margin	69.06%	69.28%	69.58%	69.58%	69.12%	69.10%
D&A For Ebitda	71	69	57	35	21	15
EBIT	12,161	11,759	10,886	9,955	8,551	7,596
EBIT Margin	68.66%	68.88%	69.22%	69.33%	68.95%	68.96%
Effective Tax Rate	18.46%	18.29%	17.54%	20.82%	21.27%	20.35%
Revenue as Reported	16,868	16,229	14,837	13,777	12,197	11,015

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