Texton Property Fund Income Statement

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

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Rental Revenue	259.92	272.9	298.69	333.21	441.69
Gain (Loss) on Sale of Investments (Rev)	2.44	5.87	2.56	-	-
Other Revenue	3.04	0.66	2.28	-28.61	-97.15
Total Revenue	278.37	304.55	321.85	310.57	344.55
Revenue Growth (YoY	-8.60%	-5.38%	3.63%	-9.86%	-37.80%
Property Expenses	111.6	112.43	116.01	144.06	159.83
Selling, General & Administrative	42.84	36.77	41.41	40.28	37.74
Total Operating Expenses	156.92	151.62	155.19	184.98	192.56
Operating Income	121.45	152.93	166.66	125.59	151.99
Interest Expense	-3.04	-3.32	-5.42	4.17	-116.58
Interest & Investment Income	21.36	20.2	16.98	10.59	59
Currency Exchange Gain (Loss)	-41.4	0.42	-7.96	0.97	45.94
Other Non-Operating Income	-78.4	-105.02	-93.59	-90.19	0.01
EBT Excluding Unusual Items	19.97	65.21	76.68	51.14	140.36
Gain (Loss) on Sale of Investments	-17.07	-52.69	-43.76	54.27	-
Gain (Loss) on Sale of Assets	-7.11	-6.12	-6.74	-1.02	-24.57
Asset Writedown	100.53	-20.79	-64.95	-56.64	78.18
Pretax Income	96.32	-14.39	-38.77	47.74	193.97
Income Tax Expense	-1.55	-0.44	-24.62	9.68	-8.02
Earnings From Continuing Operations	97.87	-13.95	-14.15	38.06	202
Minority Interest in Earnings	-0.66	-	-	-	-
Net Income	97.21	-13.95	-14.15	38.06	202
Net Income to Common	97.21	-13.95	-14.15	38.06	202
Net Income Growth	-	-	-	-81.16%	-
Basic Shares Outstanding	330	282	332	340	348
Diluted Shares Outstanding	330	282	332	340	348
Shares Change (YoY)	17.11%	-15.21%	-2.30%	-2.36%	-0.27%
EPS (Basic)	0.29	-0.05	-0.04	0.11	0.58
EPS (Diluted)	0.29	-0.05	-0.04	0.11	0.58
EPS Growth	-	-	-	-80.70%	-
Dividend Per Share	-	0.201	0.193	0.170	0.375
Dividend Growth	-	4.52%	13.29%	-54.63%	-
Operating Margin	43.63%	50.21%	51.78%	40.44%	44.11%
Profit Margin	34.92%	-4.58%	-4.40%	12.25%	58.63%
EBITDA	127.43	159.11	173.54	131.64	156.09
EBITDA Margin	45.78%	52.24%	53.92%	42.38%	45.30%
D&A For Ebitda	5.98	6.18	6.88	6.05	4.1
EBIT	121.45	152.93	166.66	125.59	151.99
EBIT Margin	43.63%	50.21%	51.78%	40.44%	44.11%
Effective Tax Rate	-	-	-	20.28%	-

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