Newpark REIT Limited (JSE:NRL)

Newpark REIT Income Statement

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

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

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