Primary Health Properties Plc (LON:PHP)

Primary Health Properties Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	259	182	169.8	154.1	145.6
Total Revenue	259	182	169.8	154.1	145.6
Revenue Growth (YoY	42.31%	7.18%	10.19%	5.84%	4.75%
Property Expenses	27	26	18.8	12.6	8.9
Selling, General & Administrative	20	13	12.3	9.6	10.5
Total Operating Expenses	48	40	32	22.2	19.4
Operating Income	211	142	137.8	131.9	126.2
Interest Expense	-83	-52	-47	-38.5	-38.4
Interest & Investment Income	-	-	0.2	0.9	0.8
Income (Loss) on Equity Investments	1	-	-	-	-
Other Non-Operating Income	-12	-2	-7.1	-0.1	0.7
EBT Excluding Unusual Items	117	88	83.9	94.2	89.3
Merger & Restructuring Charges	-39	-	-	-	-1.7
Gain (Loss) on Sale of Assets	-	-	-	2.9	0.3
Asset Writedown	48	-38	-53	-64.4	110.2
Other Unusual Items	-4	-3	-4.8	24.2	-56.5
Pretax Income	122	47	26.1	56.9	141.6
Income Tax Expense	3	6	-1.2	0.6	1.5
Net Income	119	41	27.3	56.3	140.1
Net Income to Common	119	41	27.3	56.3	140.1
Net Income Growth	190.24%	50.18%	-51.51%	-59.81%	25.09%
Basic Shares Outstanding	1,793	1,336	1,337	1,335	1,330
Diluted Shares Outstanding	1,793	1,456	1,450	1,444	1,436
Shares Change (YoY)	23.15%	0.39%	0.46%	0.55%	4.92%
EPS (Basic)	0.07	0.03	0.02	0.04	0.11
EPS (Diluted)	0.07	0.03	0.02	0.02	0.10
EPS Growth	115.07%	53.44%	-9.77%	-77.43%	13.31%
Dividend Per Share	0.071	0.069	0.067	0.065	0.062
Dividend Growth	2.90%	2.99%	3.08%	4.84%	5.08%
Operating Margin	81.47%	78.02%	81.15%	85.59%	86.68%
Profit Margin	45.95%	22.53%	16.08%	36.54%	96.22%
EBITDA	212	143	138.7	-	-
EBITDA Margin	81.85%	78.57%	81.68%	-	-
D&A For Ebitda	1	1	0.9	-	-
EBIT	211	142	137.8	131.9	126.2
EBIT Margin	81.47%	78.02%	81.15%	85.59%	86.68%
Effective Tax Rate	2.46%	12.77%	-	1.05%	1.06%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.