Derwent London Plc (LON:DLN)

Derwent London Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	216.4	214.8	212.8	207	195.3	202.9
Other Revenue	63.2	64.7	55.2	44.3	33	65.7
Total Revenue	279.6	279.5	268	251.3	228.3	268.6
Revenue Growth (YoY	1.82%	4.29%	6.64%	10.07%	-15.00%	16.53%
Property Expenses	80.4	78.3	71.2	53.9	52.8	71.4
Selling, General & Administrative	39.5	41.8	40.8	38.2	37.1	37.8
Provision for Loan Losses	-	-	-	-	-	-0.1
Other Operating Expenses	-0.1	-0.1	-0.1	-	-	-
Total Operating Expenses	119.8	120.2	113.9	91.1	92.1	119.4
Operating Income	159.8	159.3	154.1	160.2	136.2	149.2
Interest Expense	-44.2	-41.5	-41.5	-39.7	-28.1	-30.3
Interest & Investment Income	0.2	0.2	0.8	0.2	-	0.2
Other Non-Operating Income	-1.3	-0.9	-1.6	5.6	2.9	-3.6
EBT Excluding Unusual Items	114.5	117.1	111.8	126.3	111	115.5
Gain (Loss) on Sale of Investments	-0.3	-0.3	-9.2	-9.3	-	-
Gain (Loss) on Sale of Assets	0.3	1.9	1.2	25.6	10.4	1.7
Asset Writedown	122.7	-2.7	-581.5	-422.1	131.1	-196.1
Other Unusual Items	-	-	1.8	-	-	-4.1
Pretax Income	237.2	116	-475.9	-279.5	252.5	-83
Income Tax Expense	-0.7	0.1	0.5	1	-1.3	-1.6
Earnings From Continuing Operations	237.9	115.9	-476.4	-280.5	253.8	-81.4
Minority Interest in Earnings	-	-	-	-	-1.5	3.8
Net Income	237.9	115.9	-476.4	-280.5	252.3	-77.6
Net Income to Common	237.9	115.9	-476.4	-280.5	252.3	-77.6
Basic Shares Outstanding	112	112	112	112	112	112
Diluted Shares Outstanding	113	113	112	112	112	112
Shares Change (YoY)	0.44%	0.27%	0.02%	-0.13%	0.45%	-0.05%
EPS (Basic)	2.12	1.03	-4.24	-2.50	2.25	-0.69
EPS (Diluted)	2.11	1.03	-4.24	-2.50	2.24	-0.69
Dividend Per Share	0.810	0.805	0.795	0.785	0.765	0.745
Dividend Growth	1.25%	1.26%	1.27%	2.61%	2.75%	2.76%
Operating Margin	57.15%	56.99%	57.50%	63.75%	59.66%	55.55%
Profit Margin	85.09%	41.47%	-177.76%	-111.62%	110.51%	-28.89%
EBITDA	160.7	160.3	155.2	161.2	137.1	149.9
EBITDA Margin	57.48%	57.35%	57.91%	64.15%	60.05%	55.81%
D&A For Ebitda	0.9	1	1.1	1	0.9	0.7
EBIT	159.8	159.3	154.1	160.2	136.2	149.2
EBIT Margin	57.15%	56.99%	57.50%	63.75%	59.66%	55.55%
Effective Tax Rate	-	0.09%	-	-	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.