Global Net Lease Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	495.29	569.79	445.76	378.86	391.23
Revenue	495.29	569.79	445.76	378.86	391.23
Revenue Growth (YoY)	-13.08%	27.82%	17.66%	-3.16%	18.52%
Property Expenses	51.21	64.32	44.42	32.88	32.75
Total Property Expenses	51.21	64.32	44.42	32.88	32.75
Gross Profit	444.08	505.47	401.34	345.98	358.48
Selling, General & Admin	65.27	61.29	82.78	69.93	67.31
Depreciation & Amortization Expenses	191.19	216.82	179.35	154.03	163.08
Other Operating Expenses	171.33	96.33	152.83	21.81	17.67
Operating Income	16.3	131.03	-13.62	100.22	110.43
Net Gains on Disposal of Properties	94.69	57.09	-1.67	0.33	1.48
Interest Expense	-194.72	-255.69	-158.35	-97.51	-94.35
Other Non-Operating Income (Expense)	-30.21	-7.35	-3.1	20.02	5.95
Total Non-Operating Income (Expense)	-130.24	-205.94	-163.12	-77.16	-86.91
Pretax Income	-113.95	-74.92	-176.74	23.06	23.52
Provision for Income Taxes	-21.8	-4.45	-14.48	-11.03	-12.15
Net Income	-269.2	-175.32	-239.35	-8.36	-8.7
Net Income Attributable to Preferred Dividends	-43.74	-43.74	-27.44	-20.39	-20.06
Earnings From Discontinued Operations	-89.71	-52.21	-20.69	-	-
Net Income to Common	-269.2	-175.32	-239.35	-8.36	-8.7
Shares Outstanding (Basic)	223	230	143	104	98
Shares Outstanding (Diluted)	223	230	143	104	98
Shares Change (YoY)	-3.12%	61.62%	37.52%	5.50%	9.85%
EPS (Basic)	-1.21	-0.76	-1.71	-0.09	-0.20
EPS (Diluted)	-1.21	-0.76	-1.71	-0.09	-0.20
Free Cash Flow	189.4	253.84	-37.65	117.98	-292.82
Free Cash Flow Growth	-25.39%	-	-	-	-
Free Cash Flow Per Share	0.85	1.10	-0.26	1.14	-2.98
Dividends Per Share	0.845	1.179	1.554	1.600	1.600
Dividend Growth	-28.33%	-24.13%	-2.88%	-	-7.65%
Gross Margin	89.66%	88.71%	90.03%	91.32%	91.63%
Operating Margin	3.29%	23.00%	-3.06%	26.45%	28.23%
Profit Margin	-45.52%	-23.09%	-47.54%	3.17%	2.91%
FCF Margin	38.24%	44.55%	-8.45%	31.14%	-74.85%
EBITDA	237.25	480.97	208.65	254.24	273.51
EBITDA Margin	47.90%	84.41%	46.81%	67.11%	69.91%
EBIT	16.3	131.03	-13.62	100.22	110.43
EBIT Margin	3.29%	23.00%	-3.06%	26.45%	28.23%
Effective Tax Rate	19.13%	5.93%	8.19%	-47.85%	-51.67%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.