KB STAR REIT Income Statement

Financials in millions KRW. Fiscal year is August - July.

Millions KRW. Fiscal year is Aug - Jul.

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2023
Period Ending	Jul '24 Jul 31, 2024	Jan '24 Jan 31, 2024	Jul '23 Jul 31, 2023	Jan '23 Jan 31, 2023
Rental Revenue	49,996	49,824	53,313	-
Total Revenue	59,562	51,038	57,152	-
Revenue Growth (YoY	16.70%	-10.70%	-	-
Property Expenses	593.23	617.74	676.74	2,407
Selling, General & Administrative	96,497	8,288	83,964	18,455
Depreciation & Amortization	15,911	14,749	15,291	14,787
Other Operating Expenses	236.36	90	78	78.38
Total Operating Expenses	113,237	23,745	100,010	35,727
Operating Income	-53,675	27,293	-42,857	-35,727
Interest Expense	-20,385	-15,743	-34,327	-36,447
Interest & Investment Income	3,313	5,417	5,732	3,055
Currency Exchange Gain (Loss)	186.3	248.57	80.76	-66.59
Other Non-Operating Income	4,236	12,702	-43,941	1,897
EBT Excluding Unusual Items	-66,325	29,918	-115,313	-67,289
Pretax Income	-66,325	109,354	-115,313	-11,639
Income Tax Expense	-2,742	7,243	-4,537	3,262
Net Income	-63,583	102,110	-110,776	-14,901
Net Income to Common	-63,583	102,110	-110,776	-14,901
Basic Shares Outstanding	102	102	101	89
Diluted Shares Outstanding	102	102	101	89
Shares Change (YoY)	0.07%	0.06%	14.37%	-
EPS (Basic)	-626.00	1006.00	-1092.00	-168.00
EPS (Diluted)	-626.00	1006.00	-1092.00	-168.00
Operating Margin	-90.12%	53.48%	-74.99%	-
Profit Margin	-106.75%	200.07%	-193.83%	-
Free Cash Flow Margin	46.12%	46.19%	18.54%	-
EBITDA	-37,764	121,478	-27,567	34,710
EBITDA Margin	-63.40%	93.11%	-48.23%	62.37%
D&A For Ebitda	15,911	14,749	15,291	14,787
EBIT	-53,675	106,729	-42,857	19,923
EBIT Margin	-90.12%	81.80%	-74.99%	35.80%
Effective Tax Rate	-	6.62%	-	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.