Argosy Property Income Statement

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

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Rental Revenue	137.49	132.73	131.02	124.32	112.46
Tenant Reimbursements	22.32	23	22.14	20.21	19.11
Total Revenue	159.81	155.73	153.15	144.54	131.57
Revenue Growth (YoY	2.62%	1.68%	5.96%	9.85%	0.12%
Property Expenses	39.03	38.85	36.69	31.76	26.43
Selling, General & Administrative	11.4	11.41	11.57	10.79	11.81
Total Operating Expenses	50.43	50.26	48.26	42.55	38.24
Operating Income	109.37	105.47	104.89	101.98	93.33
Interest Expense	-27.82	-40.21	-43.33	-29.12	-13.26
Interest & Investment Income	0.14	0.26	0.32	0.13	0.02
EBT Excluding Unusual Items	81.69	65.52	61.88	72.99	80.09
Gain (Loss) on Sale of Assets	0.23	-0.04	-0.99	-0.37	-2.56
Asset Writedown	58.47	72.67	-111.69	-146.56	163.66
Other Unusual Items	-	-	-	3	-
Pretax Income	140.4	138.14	-50.8	-70.94	241.19
Income Tax Expense	12.67	12.28	3.69	9.9	5.04
Net Income	127.73	125.86	-54.49	-80.83	236.15
Net Income to Common	127.73	125.86	-54.49	-80.83	236.15
Net Income Growth	1.49%	-	-	-	-2.28%
Basic Shares Outstanding	863	848	847	847	843
Diluted Shares Outstanding	863	848	847	847	843
Shares Change (YoY)	1.74%	0.16%	0.05%	0.41%	1.31%
EPS (Basic)	0.15	0.15	-0.06	-0.10	0.28
EPS (Diluted)	0.15	0.15	-0.06	-0.10	0.28
EPS Growth	-0.24%	-	-	-	-3.54%
Dividend Per Share	0.067	0.067	0.067	0.067	0.066
Dividend Growth	-	-	-	1.53%	1.55%
Operating Margin	68.44%	67.73%	68.49%	70.56%	70.94%
Profit Margin	79.93%	80.82%	-35.58%	-55.93%	179.49%
EBIT	109.37	105.47	104.89	101.98	93.33
EBIT Margin	68.44%	67.73%	68.49%	70.56%	70.94%
Funds From Operations (FFO)	63.9	57.94	59.61	66.95	69.4
Adjusted Funds From Operations (AFFO)	59.12	54.59	58.43	58.09	48.33
FFO Payout Ratio	60.54%	82.08%	95.06%	84.51%	64.92%
Effective Tax Rate	9.02%	8.89%	-	-	2.09%