KB STAR REIT Income Statement

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

Millions KRW. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023
Period Ending	Jan '25 Jan 31, 2025	Jul '24 Jul 31, 2024	Jan '24 Jan 31, 2024	Jul '23 Jul 31, 2023	Jan '23 Jan 31, 2023
Rental Revenue	51,674	49,996	49,824	53,313	-
Total Revenue	76,377	59,562	51,038	57,152	-
Revenue Growth (YoY	28.23%	16.70%	-10.70%	-	-
Property Expenses	593.34	593.23	617.74	676.74	2,407
Selling, General & Administrative	6,307	96,497	8,288	83,964	18,455
Depreciation & Amortization	15,294	15,911	14,749	15,291	14,787
Other Operating Expenses	962.89	236.36	90	78	78.38
Total Operating Expenses	23,157	113,237	23,745	100,010	35,727
Operating Income	53,219	-53,675	27,293	-42,857	-35,727
Interest Expense	-24,475	-20,385	-15,743	-34,327	-36,447
Interest & Investment Income	2,878	3,313	5,417	5,732	3,055
Currency Exchange Gain (Loss)	2,246	186.3	248.57	80.76	-66.59
Other Non-Operating Income	4,061	4,236	12,702	-43,941	1,897
EBT Excluding Unusual Items	37,929	-66,325	29,918	-115,313	-67,289
Pretax Income	37,929	-66,325	109,354	-115,313	-11,639
Income Tax Expense	-	-2,742	7,243	-4,537	3,262
Net Income	37,929	-63,583	102,110	-110,776	-14,901
Net Income to Common	37,929	-63,583	102,110	-110,776	-14,901
Basic Shares Outstanding	101	102	102	101	89
Diluted Shares Outstanding	101	102	102	101	89
Shares Change (YoY)	-0.15%	0.07%	0.06%	14.37%	-
EPS (Basic)	374.00	-626.00	1006.00	-1092.00	-168.00
EPS (Diluted)	374.00	-626.00	1006.00	-1092.00	-168.00
Operating Margin	69.68%	-90.11%	53.48%	-74.99%	-
Profit Margin	49.66%	-106.75%	200.07%	-193.83%	-
EBITDA	68,513	-37,764	121,478	-27,567	34,710
EBITDA Margin	89.70%	-63.40%	93.11%	-48.23%	62.37%
D&A For Ebitda	15,294	15,911	14,749	15,291	14,787
EBIT	53,219	-53,675	106,729	-42,857	19,923
EBIT Margin	69.68%	-90.11%	81.80%	-74.99%	35.80%
Effective Tax Rate	-	-	6.62%	-	-

Updated Dec 16, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.