Afine Investments Income Statement

Financials in millions ZAR. Fiscal year is March - February.

Millions ZAR. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Rental Revenue	48.07	44.77	43.29	29.69	-
Other Revenue	-	-	-	3.64	-47.42
Total Revenue	48.07	44.77	43.29	33.33	-47.42
Revenue Growth (YoY	7.37%	3.43%	29.90%	-	-
Property Expenses	2.58	3.62	2.93	2.02	-
Selling, General & Administrative	2.11	1.74	1.83	2.46	-
Depreciation & Amortization	-	0.03	0.05	-	-
Other Operating Expenses	1.06	0.39	0.47	0.56	-
Total Operating Expenses	5.75	5.79	3.15	5.04	-
Operating Income	42.33	38.98	40.15	28.28	-47.42
Interest Expense	-11.78	-12.11	-10.01	-5.06	-
Interest & Investment Income	0.01	0.1	0.19	0.28	-
Currency Exchange Gain (Loss)	-	-	-	0.09	-
Other Non-Operating Income	-	-	-	-0	-
EBT Excluding Unusual Items	30.55	26.98	30.32	23.59	-47.42
Gain (Loss) on Sale of Investments	-	-	-	30.48	-
Asset Writedown	39.22	41.71	-6.5	130.41	-
Other Unusual Items	-	-	1.06	25.15	33.07
Pretax Income	69.77	68.69	24.88	209.63	-14.35
Income Tax Expense	-	-	0.05	-29.77	-
Net Income	69.77	68.69	24.83	239.4	-14.35
Net Income to Common	69.77	68.69	24.83	239.4	-14.35
Net Income Growth	1.57%	176.62%	-89.63%	-	-
Basic Shares Outstanding	73	73	73	51	64
Diluted Shares Outstanding	73	73	73	51	64
Shares Change (YoY)	-	-	42.12%	-20.25%	-
EPS (Basic)	0.96	0.95	0.34	4.69	-0.22
EPS (Diluted)	0.96	0.95	0.34	4.69	-0.22
EPS Growth	1.57%	176.66%	-92.70%	-	-
Dividend Per Share	0.428	0.410	0.399	0.528	-
Dividend Growth	4.39%	2.76%	-24.43%	-	-
Operating Margin	88.05%	87.06%	92.73%	84.86%	-
Profit Margin	145.13%	153.42%	57.36%	718.30%	-
EBITDA	42.36	39.02	40.2	-	-
EBITDA Margin	88.12%	87.14%	92.85%	-	-
D&A For Ebitda	0.03	0.03	0.05	-	-
EBIT	42.33	38.98	40.15	28.28	-47.42
EBIT Margin	88.05%	87.06%	92.73%	84.86%	-
Funds From Operations (FFO)	31.54	-	-	-	-
Adjusted Funds From Operations (AFFO)	31.54	-	-	-	-
FFO Payout Ratio	94.30%	-	-	-	-
Effective Tax Rate	-	-	0.20%	-	-

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.