Tritax Big Box REIT 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	312.5	281.1	222.2	206.2	184.7
Other Revenue	15.3	13.2	6.6	6.8	5.2
Total Revenue	327.8	294.3	228.8	213	189.9
Revenue Growth (YoY	11.38%	28.63%	7.42%	12.16%	14.33%
Property Expenses	22.4	18.2	6.3	6.5	5.2
Selling, General & Administrative	37.1	33.7	28.9	32.2	25.5
Other Operating Expenses	-15.5	-23	-	-9.3	-18.9
Total Operating Expenses	44	28.9	38.1	31.3	17.3
Operating Income	283.8	265.4	190.7	181.7	172.6
Interest Expense	-68	-65	-53.2	-37.7	-38.1
Interest & Investment Income	9.4	8.6	10.4	1.6	-
Other Non-Operating Income	-16.3	-12.2	-13.3	13.2	0.8
EBT Excluding Unusual Items	208.9	196.8	134.6	158.8	135.3
Gain (Loss) on Sale of Investments	-1.5	0.9	-0.1	-	-
Gain (Loss) on Sale of Assets	-11.5	8.4	-1.6	-	2
Asset Writedown	169.5	239.7	-40.8	-760.9	838
Other Unusual Items	-2.1	-	-21.5	1.1	-4.2
Pretax Income	363.3	445.8	70.6	-601	971.1
Income Tax Expense	-	0.3	0.6	-1.6	-1.5
Net Income	363.3	445.5	70	-599.4	972.6
Net Income to Common	363.3	445.5	70	-599.4	972.6
Net Income Growth	-18.45%	536.43%	-	-	116.42%
Basic Shares Outstanding	2,524	2,265	1,882	1,869	1,756
Diluted Shares Outstanding	2,525	2,265	1,882	1,869	1,769
Shares Change (YoY)	11.51%	20.34%	0.71%	5.63%	3.55%
EPS (Basic)	0.14	0.20	0.04	-0.32	0.55
EPS (Diluted)	0.14	0.20	0.04	-0.32	0.55
EPS Growth	-26.89%	428.84%	-	-	110.31%
Dividend Per Share	0.080	0.077	0.073	0.070	0.067
Dividend Growth	4.44%	4.93%	4.29%	4.48%	4.69%
Operating Margin	86.58%	90.18%	83.35%	85.30%	90.89%
Profit Margin	110.83%	151.38%	30.59%	-281.41%	512.16%
EBITDA	284.7	266	192.4	183.4	178
EBITDA Margin	86.85%	90.38%	84.09%	86.10%	93.73%
D&A For Ebitda	0.9	0.6	1.7	1.7	5.4
EBIT	283.8	265.4	190.7	181.7	172.6
EBIT Margin	86.58%	90.18%	83.35%	85.30%	90.89%
Effective Tax Rate	-	0.07%	0.85%	-	-

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