ICON Properties Income Statement

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

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	7,752	7,070	5,988	5,191	4,884	4,912
Other Revenue	844.47	810.17	717.8	425.97	356.54	381.47
Total Revenue	8,596	7,880	6,706	5,617	5,240	5,294
Revenue Growth (YoY	15.90%	17.50%	19.39%	7.19%	-1.01%	-2.61%
Property Expenses	3,305	2,652	1,637	1,470	1,185	972.74
Selling, General & Administrative	2,665	2,665	2,141	1,604	1,769	1,151
Other Operating Expenses	-174.75	-174.75	-	-	-	-0.36
Total Operating Expenses	5,969	5,316	3,936	3,189	2,954	2,123
Operating Income	2,627	2,564	2,770	2,428	2,287	3,171
Interest & Investment Income	2,704	2,908	2,368	2,839	2,920	2,849
Currency Exchange Gain (Loss)	3.12	3.12	-	-	-	-
EBT Excluding Unusual Items	5,334	5,475	5,138	5,267	5,207	6,020
Gain (Loss) on Sale of Investments	1,321	1,321	14.55	11.56	6.34	2.17
Gain (Loss) on Sale of Assets	1.4	1.4	-	-	-	-
Asset Writedown	22,858	19,812	11,835	14,287	4,745	5,277
Pretax Income	29,515	26,610	16,988	19,565	9,959	11,299
Income Tax Expense	2,091	2,185	-2,172	2,859	1,236	2,505
Earnings From Continuing Operations	27,423	24,424	19,159	16,706	8,723	8,794
Minority Interest in Earnings	-	-	-	-	-110.16	-189.35
Net Income	27,423	24,424	19,159	16,706	8,613	8,605
Preferred Dividends & Other Adjustments	-	-	-	-	-110.11	-
Net Income to Common	27,423	24,424	19,159	16,706	8,723	8,605
Net Income Growth	22.13%	27.48%	14.69%	93.97%	0.09%	18.71%
Basic Shares Outstanding	6,680	6,680	6,680	6,680	6,680	6,680
Diluted Shares Outstanding	6,680	6,680	6,680	6,680	6,680	6,680
Shares Change (YoY)	0.28%	-	-	-	-	-
EPS (Basic)	4.11	3.66	2.87	2.50	1.31	1.29
EPS (Diluted)	4.11	3.66	2.87	2.50	1.31	1.29
EPS Growth	21.78%	27.48%	14.69%	91.52%	1.37%	18.71%
Dividend Per Share	0.300	0.290	0.270	0.250	0.240	0.230
Dividend Growth	7.14%	7.41%	8.00%	4.17%	4.35%	9.52%
Operating Margin	30.56%	32.54%	41.30%	43.23%	43.64%	59.90%
Profit Margin	319.01%	309.95%	285.70%	297.41%	166.46%	162.55%
EBITDA	2,665	2,591	2,773	2,432	2,290	-
EBITDA Margin	31.00%	32.88%	41.35%	43.29%	43.70%	-
D&A For Ebitda	38.01	26.53	3.57	3.57	3.27	-
EBIT	2,627	2,564	2,770	2,428	2,287	3,171
EBIT Margin	30.56%	32.54%	41.30%	43.23%	43.64%	59.90%
Effective Tax Rate	7.09%	8.21%	-	14.61%	12.41%	22.17%
Revenue as Reported	32,972	29,414	18,559	19,917	9,994	10,576

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