Newpark REIT Limited (JSE:NRL)

Newpark REIT Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Rental Revenue	127.83	132.82	130.89	126.67	109.96	111.8
Total Revenue	127.83	132.82	130.89	126.67	109.96	111.8
Revenue Growth (YoY	-2.37%	1.48%	3.33%	15.19%	-1.64%	-12.58%
Property Expenses	30.95	31.67	27.43	30.82	27.63	23.3
Selling, General & Administrative	7.15	9.96	6.51	7.29	5.03	5.55
Other Operating Expenses	-	-	-	0	0	0
Total Operating Expenses	38.1	41.63	33.94	38.11	32.67	28.85
Operating Income	89.73	91.19	96.95	88.56	77.3	82.95
Interest Expense	-46.31	-45.92	-43.09	-40.02	-46.59	-46.34
Interest & Investment Income	1.69	0.74	1.07	0.63	0.32	0.61
Other Non-Operating Income	-2.64	-3.66	-2.53	15.61	20.17	-13.62
EBT Excluding Unusual Items	42.47	42.35	52.4	64.78	51.2	23.6
Asset Writedown	7.18	-6.21	-274.68	65.87	-24.32	-6.51
Pretax Income	49.65	36.14	-222.28	130.65	26.88	17.09
Net Income	49.65	36.14	-222.28	130.65	26.88	17.09
Net Income to Common	49.65	36.14	-222.28	130.65	26.88	17.09
Net Income Growth	-	-	-	385.98%	57.34%	40.56%
Basic Shares Outstanding	100	100	100	100	100	100
Diluted Shares Outstanding	100	100	100	100	100	100
EPS (Basic)	0.50	0.36	-2.22	1.31	0.27	0.17
EPS (Diluted)	0.50	0.36	-2.22	1.31	0.27	0.17
EPS Growth	-	-	-	386.05%	57.32%	40.56%
Dividend Per Share	0.744	0.784	0.704	0.672	0.469	0.399
Dividend Growth	13.76%	11.37%	4.73%	43.23%	17.63%	-0.45%
Operating Margin	70.20%	68.66%	74.07%	69.91%	70.29%	74.19%
Profit Margin	38.84%	27.21%	-169.83%	103.14%	24.45%	15.28%
EBITDA	89.91	91.38	97.14	88.75	77.53	83.22
EBITDA Margin	70.34%	68.80%	74.21%	70.06%	70.50%	74.44%
D&A For Ebitda	0.18	0.19	0.19	0.19	0.23	0.27
EBIT	89.73	91.19	96.95	88.56	77.3	82.95
EBIT Margin	70.20%	68.66%	74.07%	69.91%	70.29%	74.19%
Funds From Operations (FFO)	69.67	78.37	81.11	67.2	-	-
Adjusted Funds From Operations (AFFO)	-	78.37	81.11	67.2	-	-
FFO Payout Ratio	112.48%	83.41%	95.18%	74.78%	-	-

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