JSE:LTE Income Statement

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

Millions EUR. 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	127.25	100	79.88	76.86	31.94	20.91
Other Revenue	7.4	6.53	7.77	-	-70.91	-60.44
Total Revenue	138.2	114.74	87.65	76.96	-35.34	-36.42
Revenue Growth (YoY	41.28%	30.91%	13.89%	-	-	-
Property Expenses	45.83	37.21	36.73	31.69	11.48	9.04
Selling, General & Administrative	13.03	12.49	8.69	10.12	4.65	4.05
Total Operating Expenses	58.86	49.7	45.42	41.81	16.13	13.09
Operating Income	79.33	65.04	42.24	35.14	-51.47	-49.51
Interest Expense	-25.21	-20.53	-14.62	-14.23	-4.35	-3.65
Interest & Investment Income	3.12	3.66	0.33	0.06	0.16	0.36
Currency Exchange Gain (Loss)	-7.6	-8.17	-8	15.12	4.35	-26.35
Other Non-Operating Income	0.01	-	0	-	0.2	-
EBT Excluding Unusual Items	49.65	40	19.95	36.1	-51.11	-79.14
Impairment of Goodwill	-	-	-	-	-12.08	-9.76
Gain (Loss) on Sale of Investments	8.88	3.77	362.87	-1.08	3.66	-117.52
Asset Writedown	3.15	3.15	-16.86	0.85	21.61	-13.11
Pretax Income	61.67	46.92	365.96	35.87	-37.92	-219.53
Income Tax Expense	2.38	1.83	-27.38	3.16	2.51	-2.57
Earnings From Continuing Operations	59.29	45.09	393.34	32.71	-40.43	-216.95
Earnings From Discontinued Operations	0.88	1.22	3.19	-	-	-
Net Income to Company	60.17	46.31	396.53	32.71	-40.43	-216.95
Minority Interest in Earnings	18.45	18.64	11.18	-7.56	-6.06	-
Net Income	78.62	64.94	407.71	25.16	-46.49	-216.95
Net Income to Common	78.62	64.94	407.71	25.16	-46.49	-216.95
Net Income Growth	-80.45%	-84.07%	1520.78%	-	-	-
Basic Shares Outstanding	1,985	1,887	1,763	1,641	1,370	785
Diluted Shares Outstanding	1,987	1,888	1,764	1,655	1,370	785
Shares Change (YoY)	9.44%	7.01%	6.60%	20.82%	74.56%	15.68%
EPS (Basic)	0.04	0.03	0.23	0.02	-0.03	-0.28
EPS (Diluted)	0.04	0.03	0.23	0.02	-0.03	-0.28
EPS Growth	-82.14%	-85.11%	1420.39%	-	-	-
Dividend Per Share	0.027	0.026	0.027	0.033	0.032	-
Dividend Growth	3.74%	-4.92%	-16.92%	0.93%	-	-
Operating Margin	57.41%	56.68%	48.19%	45.67%	-	-
Profit Margin	56.89%	56.60%	465.15%	32.69%	-	-
EBIT	79.33	65.04	42.24	35.14	-51.47	-49.51
EBIT Margin	57.41%	56.68%	48.19%	45.67%	-	-
Effective Tax Rate	3.86%	3.90%	-	8.80%	-	-
Revenue as Reported	128.69	108.21	80.21	77.01	35.73	24.38

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