Picton Property Income Income Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Rental Revenue	52.65	54.02	54.69	51.82	46.54	43.33
Total Revenue	52.65	54.02	54.69	51.82	46.54	43.33
Revenue Growth (YoY	-3.98%	-1.23%	5.55%	11.33%	7.41%	-5.11%
Property Expenses	15.38	16.34	16.8	15.57	11.1	9.88
Selling, General & Administrative	6.71	6.78	6.64	5.96	5.76	5.39
Total Operating Expenses	22.09	23.12	23.44	21.52	16.85	15.27
Operating Income	30.56	30.9	31.25	30.3	29.69	28.07
Interest Expense	-8.51	-8.55	-9.53	-9.03	-8.5	-8
Interest & Investment Income	0.45	0.81	0.6	0.02	-	0.01
EBT Excluding Unusual Items	22.5	23.16	22.32	21.29	21.19	20.07
Gain (Loss) on Sale of Assets	0.57	1.5	-	-	0.04	0.87
Asset Writedown	18.2	12.99	-26.53	-110.82	129.8	12.86
Other Unusual Items	-0.32	-0.32	-0.58	-	-4.05	-
Pretax Income	40.96	37.32	-4.79	-89.53	146.99	33.8
Net Income	40.96	37.32	-4.79	-89.53	146.99	33.8
Net Income to Common	40.96	37.32	-4.79	-89.53	146.99	33.8
Net Income Growth	403.75%	-	-	-	334.86%	50.17%
Basic Shares Outstanding	534	544	545	545	546	546
Diluted Shares Outstanding	536	546	547	547	547	547
Shares Change (YoY)	-1.88%	-0.29%	0.04%	-0.08%	0.09%	0.10%
EPS (Basic)	0.08	0.07	-0.01	-0.16	0.27	0.06
EPS (Diluted)	0.08	0.07	-0.01	-0.16	0.27	0.06
EPS Growth	412.09%	-	-	-	334.20%	51.11%
Dividend Per Share	0.038	0.037	0.035	0.035	0.035	0.029
Dividend Growth	3.43%	4.93%	1.43%	1.45%	17.95%	-10.00%
Operating Margin	58.05%	57.20%	57.14%	58.47%	63.79%	64.77%
Profit Margin	77.79%	69.09%	-8.76%	-172.78%	315.81%	78.01%
EBITDA	30.71	31.03	31.39	30.46	29.86	28.07
EBITDA Margin	58.32%	57.45%	57.40%	58.78%	64.14%	64.79%
D&A For Ebitda	0.14	0.14	0.14	0.17	0.17	0.01
EBIT	30.56	30.9	31.25	30.3	29.69	28.07
EBIT Margin	58.05%	57.20%	57.14%	58.47%	63.79%	64.77%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.