Fairvest Income Statement

Financials in millions ZAR. Fiscal year is October - September.

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Jun '21 Jun 30, 2021
Rental Revenue	2,364	2,179	2,040	1,910	1,252	550.11
Other Revenue	240.88	222.67	11.15	4.94	15.46	3.54
Total Revenue	2,605	2,402	2,051	1,915	1,268	553.65
Revenue Growth (YoY	19.76%	17.09%	7.13%	51.04%	128.97%	2.95%
Property Expenses	924.97	885.73	862.45	789.88	522.91	198.76
Selling, General & Administrative	153.55	139.72	127.64	114.79	76.3	31.08
Total Operating Expenses	1,079	1,025	990.09	904.67	599.21	229.84
Operating Income	1,527	1,376	1,061	1,010	668.51	323.82
Interest Expense	-392.65	-411.01	-407.03	-442.05	-262.68	-98.8
Interest & Investment Income	29.89	25.24	47.31	50.23	50.17	25.91
Other Non-Operating Income	-5.92	-8.85	-58.48	0.75	99.99	9.03
EBT Excluding Unusual Items	1,158	981.76	643.08	619.08	556	259.96
Merger & Restructuring Charges	-	-	-	-	-59.38	-
Gain (Loss) on Sale of Investments	22.32	22.32	35.09	2.28	-18.97	-0.29
Gain (Loss) on Sale of Assets	2.76	2.76	-10.13	-	-0.91	-
Asset Writedown	434.75	444.64	238.38	44.73	263.18	72.88
Other Unusual Items	19.7	19.7	25.35	1.17	1,012	-
Pretax Income	1,637	1,471	931.77	667.25	1,751	332.55
Income Tax Expense	0.14	0.14	-	-	-1.16	-0.11
Earnings From Continuing Operations	1,637	1,471	931.77	667.25	1,753	332.66
Earnings From Discontinued Operations	-	-	-	-558.52	-22.05	-
Net Income to Company	1,637	1,471	931.77	108.74	1,731	332.66
Minority Interest in Earnings	-28.06	-4.9	-5.46	-12.43	-42.9	-43.32
Net Income	1,609	1,466	926.31	96.31	1,688	289.34
Net Income to Common	1,609	1,466	926.31	96.31	1,688	289.34
Net Income Growth	53.25%	58.28%	861.83%	-94.29%	483.29%	132.92%
Basic Shares Outstanding	1,840	1,675	1,495	1,507	1,100	531
Diluted Shares Outstanding	1,861	1,698	1,521	1,530	1,113	531
Shares Change (YoY)	16.71%	11.66%	-0.60%	37.45%	109.66%	-46.74%
EPS (Basic)	0.87	0.88	0.62	0.06	-	0.55
EPS (Diluted)	0.86	0.86	0.61	0.06	-	0.55
EPS Growth	31.31%	41.75%	867.63%	-	-	337.35%
Dividend Per Share	1.447	1.426	1.383	1.325	1.010	0.221
Dividend Growth	3.25%	3.06%	4.38%	31.25%	357.68%	4.87%
Operating Margin	58.60%	57.30%	51.73%	52.75%	52.73%	58.49%
Profit Margin	61.77%	61.04%	45.16%	5.03%	133.13%	52.26%
EBITDA	1,533	1,383	1,063	1,011	669.14	323.92
EBITDA Margin	58.86%	57.59%	51.80%	52.78%	52.78%	58.51%
D&A For Ebitda	6.79	6.79	1.41	0.5	0.62	0.11
EBIT	1,527	1,376	1,061	1,010	668.51	323.82
EBIT Margin	58.60%	57.30%	51.73%	52.75%	52.73%	58.49%
Effective Tax Rate	0.01%	0.01%	-	-	-	-
Revenue as Reported	2,365	2,182	2,051	1,915	1,268	553.65