JSE:LTE Income Statement

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

Millions EUR. 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	146.74	100	79.88	76.86	31.94
Other Revenue	16.88	6.53	7.77	-	-70.91
Total Revenue	164.68	114.74	87.65	76.96	-35.34
Revenue Growth (YoY	43.52%	30.91%	13.89%	-	-
Property Expenses	47.79	37.21	36.73	31.69	11.48
Selling, General & Administrative	14.99	12.49	8.69	10.12	4.65
Total Operating Expenses	62.79	49.7	45.42	41.81	16.13
Operating Income	101.89	65.04	42.24	35.14	-51.47
Interest Expense	-31.62	-20.53	-14.62	-14.23	-4.35
Interest & Investment Income	2.33	3.66	0.33	0.06	0.16
Currency Exchange Gain (Loss)	0.51	-8.17	-8	15.12	4.35
Other Non-Operating Income	-0.02	-	0	-	0.2
EBT Excluding Unusual Items	73.1	40	19.95	36.1	-51.11
Impairment of Goodwill	-	-	-	-	-12.08
Gain (Loss) on Sale of Investments	3.38	3.77	362.87	-1.08	3.66
Asset Writedown	17.38	3.15	-16.86	0.85	21.61
Pretax Income	93.86	46.92	365.96	35.87	-37.92
Income Tax Expense	1.37	1.83	-27.38	3.16	2.51
Earnings From Continuing Operations	92.5	45.09	393.34	32.71	-40.43
Earnings From Discontinued Operations	-	1.22	3.19	-	-
Net Income to Company	92.5	46.31	396.53	32.71	-40.43
Minority Interest in Earnings	10.52	18.64	11.18	-7.56	-6.06
Net Income	103.01	64.94	407.71	25.16	-46.49
Net Income to Common	103.01	64.94	407.71	25.16	-46.49
Net Income Growth	58.62%	-84.07%	1520.78%	-	-
Basic Shares Outstanding	2,056	1,887	1,763	1,641	1,370
Diluted Shares Outstanding	2,056	1,888	1,764	1,655	1,370
Shares Change (YoY)	8.91%	7.01%	6.60%	20.82%	74.56%
EPS (Basic)	0.05	0.03	0.23	0.02	-0.03
EPS (Diluted)	0.05	0.03	0.23	0.02	-0.03
EPS Growth	45.64%	-85.11%	1420.39%	-	-
Dividend Per Share	0.041	0.026	0.027	0.033	0.032
Dividend Growth	58.63%	-4.92%	-16.92%	0.93%	-
Operating Margin	61.87%	56.68%	48.19%	45.67%	-
Profit Margin	62.55%	56.60%	465.15%	32.69%	-
EBIT	101.89	65.04	42.24	35.14	-51.47
EBIT Margin	61.87%	56.68%	48.19%	45.67%	-
Effective Tax Rate	1.46%	3.90%	-	8.80%	-
Revenue as Reported	147.8	108.21	80.21	77.01	35.73

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