PT Vastland Indonesia Tbk Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	39,633	38,112	25,685	23,761	21,900
Total Revenue	39,633	38,112	25,685	23,761	21,900
Revenue Growth (YoY	3.99%	48.38%	8.10%	8.50%	15.86%
Property Expenses	7,006	9,217	4,053	2,074	2,022
Selling, General & Administrative	1,861	1,754	2,007	752.76	933.22
Depreciation & Amortization	331.52	403.3	395.7	255.43	316.71
Other Operating Expenses	2,851	2,444	3,698	2,588	2,223
Total Operating Expenses	12,049	13,817	10,154	5,671	5,494
Operating Income	27,583	24,295	15,532	18,091	16,406
Interest Expense	-6,800	-6,439	-1,634	-2,724	-3,006
Interest & Investment Income	172.41	244.28	312.93	3.89	2.91
Other Non-Operating Income	9.15	-119.35	-22.87	-466.5	-4.91
EBT Excluding Unusual Items	20,965	17,981	14,188	14,904	13,398
Gain (Loss) on Sale of Assets	-212.33	146.38	-	-11.79	118.54
Asset Writedown	-	-	87,104	3,987	103,338
Pretax Income	20,753	18,127	101,292	18,879	116,855
Income Tax Expense	3,760	3,341	2,497	2,291	2,195
Net Income	16,993	14,786	98,795	16,588	114,660
Net Income to Common	16,993	14,786	98,795	16,588	114,660
Net Income Growth	14.92%	-85.03%	495.60%	-85.53%	6072.45%
Basic Shares Outstanding	3,056	3,056	3,000	2,406	2,010
Diluted Shares Outstanding	3,056	3,056	3,000	2,406	2,010
Shares Change (YoY)	0.00%	1.84%	24.72%	19.68%	0.22%
EPS (Basic)	5.56	4.84	32.93	6.90	57.04
EPS (Diluted)	5.56	4.84	32.93	6.90	57.04
EPS Growth	14.90%	-85.30%	377.53%	-87.91%	6058.99%
Operating Margin	69.60%	63.75%	60.47%	76.13%	74.91%
Profit Margin	42.88%	38.80%	384.64%	69.81%	523.55%
EBITDA	27,915	24,698	15,927	18,346	16,723
EBITDA Margin	70.43%	64.80%	62.01%	77.21%	76.36%
D&A For Ebitda	331.52	403.3	395.7	255.43	316.71
EBIT	27,583	24,295	15,532	18,091	16,406
EBIT Margin	69.60%	63.75%	60.47%	76.13%	74.91%
Effective Tax Rate	18.12%	18.43%	2.46%	12.14%	1.88%

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