LON:API Income Statement

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

Millions GBP. 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
Rental Revenue	-	24.07	27.55	26.7	26.49
Other Revenue	-	4.9	4.88	4.41	4.1
Total Revenue	-	28.97	32.44	31.11	30.58
Revenue Growth (YoY	-	-10.69%	4.26%	1.72%	8.54%
Property Expenses	0.21	9.78	11.4	12.07	10.8
Selling, General & Administrative	0.75	1.51	1.14	1.13	1.16
Total Operating Expenses	0.95	11.4	12.32	12.43	12.37
Operating Income	-0.95	17.57	20.12	18.68	18.21
Interest Expense	-	-7.89	-7.51	-3.36	-3.2
Interest & Investment Income	0.77	0.65	0.09	0.03	0
Other Non-Operating Income	-0.11	-0.23	-0.18	-3.87	-0.33
EBT Excluding Unusual Items	-0.29	10.1	12.51	11.47	14.68
Gain (Loss) on Sale of Assets	0.63	-50.22	-0.28	-0.21	-0.63
Asset Writedown	-3.67	0.48	-18.77	-62.32	71.69
Other Unusual Items	-	-3.2	-1.73	-	-
Pretax Income	-3.33	-42.84	-8.27	-51.05	85.73
Income Tax Expense	-0.06	0.06	-	-	-
Net Income	-3.27	-42.89	-8.27	-51.05	85.73
Net Income to Common	-3.27	-42.89	-8.27	-51.05	85.73
Basic Shares Outstanding	381	381	381	390	398
Diluted Shares Outstanding	381	381	381	390	398
Shares Change (YoY)	-	-	-2.14%	-2.13%	-2.12%
EPS (Basic)	-0.01	-0.11	-0.02	-0.13	0.22
EPS (Diluted)	-0.01	-0.11	-0.02	-0.13	0.22
Dividend Per Share	0.009	0.060	0.040	0.040	0.037
Dividend Growth	-84.65%	50.00%	-	8.77%	10.37%
Operating Margin	-	60.65%	62.02%	60.04%	59.54%
Profit Margin	-	-148.06%	-25.49%	-164.11%	280.33%
EBIT	-0.95	17.57	20.12	18.68	18.21
EBIT Margin	-	60.65%	62.02%	60.04%	59.54%
Revenue as Reported	-	-	-	-	25.64

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.