Target Healthcare REIT Income Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Rental Revenue	74.6	72.92	69.54	67.66	63.7	49.91
Other Revenue	0.01	0.01	0.01	0.09	0.16	0.07
Total Revenue	74.61	72.93	69.55	67.75	63.86	49.98
Revenue Growth (YoY	5.45%	4.86%	2.66%	6.09%	27.77%	12.91%
Property Expenses	7.95	7.82	7.52	7.43	7.31	5.8
Other Operating Expenses	3.03	3.01	3.07	3.05	2.8	2.62
Total Operating Expenses	11.46	12.44	11.55	10.74	13.7	11.13
Operating Income	63.15	60.49	58	57.01	50.16	38.85
Interest Expense	-10.24	-10.66	-10.87	-9.57	-6.67	-4.85
Interest & Investment Income	0.51	0.43	0.07	0.13	0.07	0.04
Other Non-Operating Income	-0.68	-0.8	-0.8	-0.7	-	-
EBT Excluding Unusual Items	52.74	49.46	46.4	46.87	43.56	34.04
Gain (Loss) on Sale of Assets	9.5	0.04	1.93	0.58	-0.01	1.21
Asset Writedown	16.59	12.24	24.69	-54.02	5.55	9.54
Other Unusual Items	-0.9	-0.9	-	-	-	-0.91
Pretax Income	77.93	60.85	73.02	-6.57	49.1	43.88
Income Tax Expense	-	-	-	-	0.01	-0.01
Net Income	77.93	60.85	73.02	-6.57	49.1	43.88
Net Income to Common	77.93	60.85	73.02	-6.57	49.1	43.88
Net Income Growth	7.90%	-16.68%	-	-	11.88%	38.78%
Basic Shares Outstanding	620	620	620	620	599	475
Diluted Shares Outstanding	620	620	620	620	599	475
Shares Change (YoY)	-	-	-	3.53%	26.02%	7.98%
EPS (Basic)	0.13	0.10	0.12	-0.01	0.08	0.09
EPS (Diluted)	0.13	0.10	0.12	-0.01	0.08	0.09
EPS Growth	7.90%	-16.68%	-	-	-11.22%	28.52%
Dividend Per Share	0.060	0.059	0.057	0.062	0.068	0.067
Dividend Growth	2.76%	3.01%	-7.57%	-8.58%	0.60%	0.60%
Operating Margin	84.64%	82.95%	83.39%	84.15%	78.54%	77.73%
Profit Margin	104.45%	83.43%	104.99%	-9.70%	76.88%	87.80%
EBIT	63.15	60.49	58	57.01	50.16	38.85
EBIT Margin	84.64%	82.95%	83.39%	84.15%	78.54%	77.73%
Effective Tax Rate	-	-	-	-	0.01%	-
Revenue as Reported	100.7	85.21	96.18	14.3	69.41	60.73

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