Putprop Limited (JSE:PPR)

Putprop Income Statement

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Rental Revenue	140.36	140.33	128.44	111.33	73.08
Other Revenue	0.68	12.43	0.14	7.18	11.17
Total Revenue	141.04	152.76	128.58	118.5	84.25
Revenue Growth (YoY	-7.67%	18.81%	8.51%	40.66%	16.98%
Property Expenses	50.08	49.06	47.38	38.11	26.19
Selling, General & Administrative	22.48	19.92	19.23	18.35	12.14
Other Operating Expenses	-1.3	-1.44	-2.31	-1.75	-3.67
Total Operating Expenses	73.73	67.78	63.32	54.58	34.26
Operating Income	67.31	84.98	65.26	63.92	49.99
Interest Expense	-47.42	-50.12	-44.22	-29.07	-11.3
Interest & Investment Income	8	4.4	11.22	3.36	7.69
EBT Excluding Unusual Items	27.89	39.27	32.26	38.21	46.38
Gain (Loss) on Sale of Assets	-	-	0.99	-	-
Total Insurance Settlements	-	0.11	-	-	-
Asset Writedown	40.81	20.48	-30.17	24.28	-23.8
Pretax Income	68.7	59.85	3.07	62.49	22.58
Income Tax Expense	16.12	14.53	-5.72	-11.15	0.09
Earnings From Continuing Operations	52.58	45.33	8.8	73.64	22.5
Minority Interest in Earnings	-1.99	-6.39	1.99	-9.62	0.29
Net Income	50.59	38.94	10.79	64.03	22.79
Net Income to Common	50.59	38.94	10.79	64.03	22.79
Net Income Growth	29.93%	260.97%	-83.15%	180.94%	690.22%
Basic Shares Outstanding	42	42	42	42	43
Diluted Shares Outstanding	42	42	42	42	43
Shares Change (YoY)	-	-0.01%	-	-1.74%	-1.68%
EPS (Basic)	1.19	0.92	0.25	1.51	0.53
EPS (Diluted)	1.19	0.92	0.25	1.51	0.53
EPS Growth	29.93%	261.01%	-83.15%	185.90%	703.74%
Dividend Per Share	0.155	0.145	0.113	0.102	0.150
Dividend Growth	6.90%	28.89%	9.76%	-31.67%	7.14%
Operating Margin	47.73%	55.63%	50.76%	53.94%	59.33%
Profit Margin	35.87%	25.49%	8.39%	54.03%	27.05%
EBITDA	67.74	85.43	65.46	64.14	50.18
EBITDA Margin	48.03%	55.93%	50.91%	54.13%	59.56%
D&A For Ebitda	0.43	0.45	0.2	0.22	0.19
EBIT	67.31	84.98	65.26	63.92	49.99
EBIT Margin	47.73%	55.63%	50.76%	53.94%	59.33%
Effective Tax Rate	23.47%	24.27%	-	-	0.38%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.