LondonMetric Property Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Rental Revenue	464.6	396.7	178.1	146.7	133.2
Other Revenue	4.7	6.1	-0.1	-10.3	23.3
Total Revenue	469.3	402.8	178	136.4	156.5
Revenue Growth (YoY	16.51%	126.29%	30.50%	-12.84%	21.22%
Property Expenses	6.4	4.9	1.7	1.5	1.5
Selling, General & Administrative	12.2	11.1	7.6	6.9	6.4
Depreciation & Amortization	1	0.6	0.7	0.6	0.6
Other Operating Expenses	17	15.4	11.4	8.9	9
Total Operating Expenses	36.6	32	21.4	17.9	17.5
Operating Income	432.7	370.8	156.6	118.5	139
Interest Expense	-134.3	-114.6	-42.3	-31	-23
Interest & Investment Income	18	23.7	8.5	2.9	0.5
Other Non-Operating Income	-22.1	-21	-7.5	-5.4	-1.4
EBT Excluding Unusual Items	294.3	258.9	115.3	85	115.1
Merger & Restructuring Charges	-16.3	-	-29.8	-	-
Impairment of Goodwill	-9.6	-	-	-	-
Gain (Loss) on Sale of Investments	-3.6	0.9	-	-	-
Gain (Loss) on Sale of Assets	-19	-13	-7.4	-14.7	8
Asset Writedown	68.2	106	-7.5	-577.4	615.2
Other Unusual Items	-16.9	-	49.4	-0.4	-
Pretax Income	297.1	352.8	120	-507.5	738.3
Income Tax Expense	1.7	2.2	0.1	0.1	0.1
Earnings From Continuing Operations	295.4	350.6	119.9	-507.6	738.2
Minority Interest in Earnings	0.3	-2.7	-1.2	1.3	-3.7
Net Income	295.7	347.9	118.7	-506.3	734.5
Net Income to Common	295.7	347.9	118.7	-506.3	734.5
Net Income Growth	-15.00%	193.09%	-	-	185.46%
Basic Shares Outstanding	2,269	2,040	1,117	979	932
Diluted Shares Outstanding	2,277	2,046	1,122	979	936
Shares Change (YoY)	11.31%	82.39%	14.64%	4.51%	3.58%
EPS (Basic)	0.13	0.17	0.11	-0.52	0.79
EPS (Diluted)	0.13	0.17	0.11	-0.52	0.78
EPS Growth	-23.53%	60.38%	-	-	175.62%
Dividend Per Share	0.124	0.120	0.102	0.095	0.092
Dividend Growth	3.75%	17.65%	7.37%	2.70%	6.94%
Operating Margin	92.20%	92.06%	87.98%	86.88%	88.82%
Profit Margin	63.01%	86.37%	66.69%	-371.19%	469.33%
EBITDA	433.7	371.4	157.3	119.1	139.6
EBITDA Margin	92.41%	92.20%	88.37%	87.32%	89.20%
D&A For Ebitda	1	0.6	0.7	0.6	0.6
EBIT	432.7	370.8	156.6	118.5	139
EBIT Margin	92.20%	92.06%	87.98%	86.88%	88.82%
Effective Tax Rate	0.57%	0.62%	0.08%	-	0.01%

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