UH Real Estate Investment Trust (NGX:UHOMREIT)

NGX:UHOMREIT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total Revenue	1,333	1,278	884.28	659.91	576.08	558.26
Revenue Growth (YoY	38.43%	44.50%	34.00%	14.55%	3.19%	0.97%
Property Expenses	132.08	141.57	135.71	151.16	135.43	131.68
Selling, General & Administrative	41.99	35.96	36.96	36.54	15.54	14.19
Depreciation & Amortization	23.37	23.37	21.79	19.75	14.29	20.2
Other Operating Expenses	7.63	7.63	-	-	-0	-
Total Operating Expenses	205.07	208.53	194.46	207.44	165.26	166.06
Operating Income	1,128	1,069	689.82	452.47	410.82	392.2
Other Non-Operating Income	-17.11	-11.97	-13.01	-12.72	-12.97	-13.04
EBT Excluding Unusual Items	1,111	1,057	676.81	439.75	397.86	379.16
Pretax Income	1,111	1,057	676.81	439.75	397.86	379.16
Income Tax Expense	12.14	12.14	20.68	8.9	4.77	2
Net Income	1,099	1,045	656.13	430.85	393.08	377.16
Net Income to Common	1,099	1,045	656.13	430.85	393.08	377.16
Net Income Growth	51.74%	59.29%	52.29%	9.61%	4.22%	7.58%
Basic Shares Outstanding	188	188	188	188	188	188
Diluted Shares Outstanding	188	188	188	188	188	188
Shares Change (YoY)	-0.16%	-0.01%	-0.07%	0.03%	0.23%	-0.45%
EPS (Basic)	5.85	5.56	3.49	2.29	2.09	2.01
EPS (Diluted)	5.85	5.56	3.49	2.29	2.09	2.01
EPS Growth	51.98%	59.31%	52.40%	9.57%	3.98%	8.06%
Dividend Per Share	5.050	5.050	3.150	-	1.910	1.860
Dividend Growth	60.32%	60.32%	-	-	2.69%	6.29%
Operating Margin	84.62%	83.68%	78.01%	68.57%	71.31%	70.25%
Profit Margin	82.43%	81.79%	74.20%	65.29%	68.23%	67.56%
EBITDA	1,152	1,093	711.61	472.22	425.11	412.4
EBITDA Margin	86.43%	85.51%	80.47%	71.56%	73.79%	73.87%
D&A For Ebitda	24.2	23.38	21.79	19.75	14.29	20.2
EBIT	1,128	1,069	689.82	452.47	410.82	392.2
EBIT Margin	84.62%	83.68%	78.01%	68.57%	71.31%	70.25%
Effective Tax Rate	1.09%	1.15%	3.06%	2.02%	1.20%	0.53%

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