JR Global REIT Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023
Operating Revenue	143,244	128,835	121,727	117,585	116,394
Other Revenue	1,088	20,750	3,415	5,258	4,524
Revenue	144,333	149,585	125,142	122,843	120,918
Revenue Growth (YoY)	-3.51%	19.53%	1.87%	1.59%	5.59%
Gross Profit	144,333	149,585	125,142	122,843	120,918
Selling, General & Admin	11,510	10,872	10,653	10,486	10,357
Other Operating Expenses	23,738	10,901	26,880	20,100	20,901
Operating Expenses	35,248	21,773	63,161	55,683	55,760
Operating Income	109,085	127,812	61,982	67,160	65,158
Interest Expense	-74,550	-67,373	-25,729	-21,147	-20,069
Interest & Investment Income	1,493	2,051	3,750	2,967	2,449
Currency Exchange Gain (Loss)	129.18	-104.25	2,159	261.42	-215.91
Other Non Operating Income (Expenses)	-2,856	4.61	-17.39	-42.33	-193.43
EBT Excluding Unusual Items	33,301	62,391	42,144	49,200	47,129
Pretax Income	33,301	62,391	42,144	49,200	47,129
Income Tax Expense	872.48	898.63	792.92	713	698.08
Earnings From Continuing Operations	32,429	61,492	41,351	48,487	46,431
Minority Interest in Earnings	-22.13	-22.31	-21.54	-21.09	-20.56
Net Income	32,407	61,470	41,330	48,466	46,410
Net Income to Common	32,407	61,470	41,330	48,466	46,410
Net Income Growth	-47.28%	48.73%	-14.72%	4.43%	-13.18%
Shares Outstanding (Basic)	198	197	197	197	197
Shares Outstanding (Diluted)	198	197	197	197	197
Shares Change (YoY)	0.11%	-	-	-	-
EPS (Basic)	164.00	311.44	209.40	245.55	235.14
EPS (Diluted)	164.00	311.44	209.40	245.55	235.14
EPS Growth	-47.34%	48.73%	-14.72%	4.43%	-13.18%
Free Cash Flow	-50,850	31,419	68,765	111,341	80,900
Free Cash Flow Per Share	-257.34	159.18	348.40	564.11	409.88
Dividend Per Share	-	230.000	390.000	390.000	770.000
Dividend Growth	-	-41.03%	-	-49.35%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	75.58%	85.45%	49.53%	54.67%	53.89%
Profit Margin	22.45%	41.09%	33.03%	39.45%	38.38%
Free Cash Flow Margin	-35.23%	21.00%	54.95%	90.64%	66.91%
EBITDA	-	-	87,609	92,256	89,660
EBITDA Margin	-	-	70.01%	75.10%	74.15%
D&A For EBITDA	-	-	25,627	25,096	24,502
EBIT	109,085	127,812	61,982	67,160	65,158
EBIT Margin	75.58%	85.45%	49.53%	54.67%	53.89%
Effective Tax Rate	2.62%	1.44%	1.88%	1.45%	1.48%

Updated Nov 14, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.