Unite Group Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	307.7	282	259.2	241.7	209
Other Revenue	79.2	68.6	69.3	66.6	91.9
Total Revenue	386.9	350.6	328.5	308.3	300.9
Revenue Growth (YoY	10.35%	6.73%	6.55%	2.46%	22.57%
Property Expenses	108.8	86.4	76.8	70.3	64.4
Selling, General & Administrative	57.9	43.9	41.6	37.1	36.3
Total Operating Expenses	169.3	131.2	121.4	109.1	104
Operating Income	217.6	219.4	207.1	199.2	196.9
Interest Expense	-45.4	-32.7	-49	29	-36.1
Interest & Investment Income	6.1	16.7	1.3	0.2	-
Other Non-Operating Income	2.3	1	4.3	4.3	4.3
EBT Excluding Unusual Items	180.6	204.4	163.7	232.7	165.1
Gain (Loss) on Sale of Investments	3.6	64.6	-25.4	31.4	88.4
Gain (Loss) on Sale of Assets	-1.3	-9.8	11.8	-15.6	-12
Asset Writedown	-85.2	184.8	-47.6	103.4	105.8
Other Unusual Items	-	-	-	-	-4.2
Pretax Income	97.7	444	102.5	351.9	343.1
Income Tax Expense	0.1	2.2	-1.1	0.1	-1.4
Earnings From Continuing Operations	97.6	441.8	103.6	351.8	344.5
Minority Interest in Earnings	-	0.1	-1.1	-1.3	-2.1
Net Income	97.6	441.9	102.5	350.5	342.4
Net Income to Common	97.6	441.9	102.5	350.5	342.4
Net Income Growth	-77.91%	331.12%	-70.76%	2.37%	-
Basic Shares Outstanding	489	459	416	400	399
Diluted Shares Outstanding	490	460	417	400	400
Shares Change (YoY)	6.51%	10.35%	4.18%	0.15%	4.77%
EPS (Basic)	0.20	0.96	0.25	0.88	0.86
EPS (Diluted)	0.20	0.96	0.25	0.88	0.86
EPS Growth	-79.29%	290.65%	-71.92%	2.22%	-
Dividend Per Share	0.377	0.373	0.354	0.327	0.221
Dividend Growth	1.07%	5.37%	8.26%	47.96%	73.33%
Operating Margin	56.24%	62.58%	63.04%	64.61%	65.44%
Profit Margin	25.23%	126.04%	31.20%	113.69%	113.79%
EBITDA	222.8	224.2	212.4	205.7	203.6
EBITDA Margin	57.59%	63.95%	64.66%	66.72%	67.66%
D&A For Ebitda	5.2	4.8	5.3	6.5	6.7
EBIT	217.6	219.4	207.1	199.2	196.9
EBIT Margin	56.24%	62.58%	63.04%	64.61%	65.44%
Effective Tax Rate	0.10%	0.50%	-	0.03%	-
Revenue as Reported	332.8	299.3	276.1	259.3	266.9

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