KB STAR REIT Income Statement

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

Millions KRW. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2025	FY 2024	FY 2024
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jan '25 Jan 31, 2025	Jul '24 Jul 31, 2024	Jan '24 Jan 31, 2024
Rental Revenue	59,921	55,213	51,674	49,996	49,824
Total Revenue	64,716	60,788	76,377	59,562	51,038
Revenue Growth (YoY	6.46%	-20.41%	28.23%	16.70%	-10.70%
Property Expenses	506.52	569.45	593.34	593.23	617.74
Selling, General & Administrative	49,310	188,087	6,307	96,497	8,288
Depreciation & Amortization	15,660	16,241	15,294	15,911	14,749
Other Operating Expenses	998.74	785.41	962.89	236.36	90
Total Operating Expenses	66,475	205,683	23,157	113,237	23,745
Operating Income	-1,760	-144,895	53,219	-53,675	27,293
Interest Expense	-28,412	-32,421	-24,475	-20,385	-15,743
Interest & Investment Income	759.2	12,340	2,878	3,313	5,417
Currency Exchange Gain (Loss)	2,497	92.96	2,246	186.3	248.57
Other Non-Operating Income	-10,951	-33,942	4,061	4,236	12,702
EBT Excluding Unusual Items	-37,866	-198,825	37,929	-66,325	29,918
Pretax Income	-37,866	-198,825	37,929	-66,325	109,354
Income Tax Expense	4,258	-	-	-2,742	7,243
Net Income	-42,124	-198,825	37,929	-63,583	102,110
Net Income to Common	-42,124	-198,825	37,929	-63,583	102,110
Basic Shares Outstanding	101	101	101	102	102
Diluted Shares Outstanding	101	101	101	102	102
Shares Change (YoY)	-0.18%	0.03%	-0.15%	0.07%	0.06%
EPS (Basic)	-416.00	-1960.00	374.00	-626.00	1006.00
EPS (Diluted)	-416.00	-1960.00	374.00	-626.00	1006.00
Operating Margin	-2.72%	-238.36%	69.68%	-90.11%	53.48%
Profit Margin	-65.09%	-327.08%	49.66%	-106.75%	200.07%
EBITDA	13,901	-128,654	68,513	-37,764	121,478
EBITDA Margin	21.48%	-211.64%	89.70%	-63.40%	93.11%
D&A For Ebitda	15,660	16,241	15,294	15,911	14,749
EBIT	-1,760	-144,895	53,219	-53,675	106,729
EBIT Margin	-2.72%	-238.36%	69.68%	-90.11%	81.80%
Effective Tax Rate	-	-	-	-	6.62%