Argosy Property Income Statement

Financials in millions NZD. Fiscal year is April - March.

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Rental Revenue	135.48	132.73	131.02	124.32	112.46	111.52
Tenant Reimbursements	22.38	23	22.14	20.21	19.11	19.89
Total Revenue	157.86	155.73	153.15	144.54	131.57	131.41
Revenue Growth (YoY	1.83%	1.68%	5.96%	9.85%	0.12%	8.68%
Property Expenses	38.12	38.85	36.69	31.76	26.43	26.98
Selling, General & Administrative	11.45	11.41	11.57	10.79	11.81	10.87
Total Operating Expenses	49.57	50.26	48.26	42.55	38.24	37.84
Operating Income	108.29	105.47	104.89	101.98	93.33	93.57
Interest Expense	-38.55	-40.21	-43.33	-29.12	-13.26	-32.74
Interest & Investment Income	0.16	0.26	0.32	0.13	0.02	0.05
Other Non-Operating Income	-	-	-	-	-	4.53
EBT Excluding Unusual Items	69.9	65.52	61.88	72.99	80.09	65.4
Gain (Loss) on Sale of Assets	0.19	-0.04	-0.99	-0.37	-2.56	1.95
Total Insurance Settlements	-	-	-	-	-	24.08
Asset Writedown	95.26	72.67	-111.69	-146.56	163.66	157.66
Other Unusual Items	-	-	-	3	-	-0.71
Pretax Income	165.35	138.14	-50.8	-70.94	241.19	248.38
Income Tax Expense	11.41	12.28	3.69	9.9	5.04	6.73
Net Income	153.94	125.86	-54.49	-80.83	236.15	241.65
Net Income to Common	153.94	125.86	-54.49	-80.83	236.15	241.65
Net Income Growth	-	-	-	-	-2.28%	102.86%
Basic Shares Outstanding	854	848	847	847	843	832
Diluted Shares Outstanding	854	848	847	847	843	832
Shares Change (YoY)	0.86%	0.16%	0.05%	0.41%	1.31%	0.62%
EPS (Basic)	0.18	0.15	-0.06	-0.10	0.28	0.29
EPS (Diluted)	0.18	0.15	-0.06	-0.10	0.28	0.29
EPS Growth	-	-	-	-	-3.54%	101.62%
Dividend Per Share	0.067	0.067	0.067	0.067	0.066	0.065
Dividend Growth	-	-	-	1.53%	1.55%	1.57%
Operating Margin	68.60%	67.73%	68.49%	70.56%	70.94%	71.20%
Profit Margin	97.51%	80.82%	-35.58%	-55.93%	179.49%	183.89%
EBIT	108.29	105.47	104.89	101.98	93.33	93.57
EBIT Margin	68.60%	67.73%	68.49%	70.56%	70.94%	71.20%
Funds From Operations (FFO)	61.72	57.94	59.61	66.95	69.4	72.86
Adjusted Funds From Operations (AFFO)	-	54.59	58.43	58.09	48.33	60.45
FFO Payout Ratio	62.27%	82.08%	95.06%	84.51%	64.92%	51.07%
Effective Tax Rate	6.90%	8.89%	-	-	2.09%	2.71%

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