NZE:NZL Income Statement

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Rental Revenue	21.7	19.87	15.35	10.4	8.22	0.6
Total Revenue	21.7	19.87	15.35	10.4	8.22	0.6
Revenue Growth (YoY	23.32%	29.44%	47.63%	26.57%	1274.66%	-
Property Expenses	1.81	1.89	1.24	1.17	0.71	0.16
Selling, General & Administrative	2.13	1.57	1.51	5.05	4.79	2.54
Total Operating Expenses	3.95	3.46	2.75	6.23	5.5	2.7
Operating Income	17.75	16.41	12.6	4.17	2.71	-2.1
Interest Expense	-8.78	-8.81	-8.88	-4.14	-2.41	-0.14
Interest & Investment Income	2.7	2.55	1.88	1.8	1.66	0.15
Other Non-Operating Income	-8.05	-9.79	-2.62	1.6	1.81	-0.23
EBT Excluding Unusual Items	3.64	0.36	2.98	3.43	3.77	-2.32
Asset Writedown	11.79	23.86	7.39	37.6	35.34	19.83
Other Unusual Items	-	-0.16	-	-	-	-
Pretax Income	15.43	24.06	10.37	41.03	39.11	17.51
Income Tax Expense	1.25	0.98	-0.48	-0.75	-0.57	-0.63
Net Income	14.17	23.08	10.85	41.78	39.68	18.14
Net Income to Common	14.17	23.08	10.85	41.78	39.68	18.14
Net Income Growth	-31.68%	112.63%	-74.02%	5.29%	118.77%	-
Basic Shares Outstanding	145	140	135	106	94	40
Diluted Shares Outstanding	145	140	135	106	94	40
Shares Change (YoY)	5.37%	4.10%	26.67%	13.67%	131.95%	-
EPS (Basic)	0.10	0.16	0.08	0.39	0.42	0.45
EPS (Diluted)	0.10	0.16	0.08	0.39	0.42	0.45
EPS Growth	-35.17%	104.25%	-79.49%	-7.38%	-5.68%	-
Dividend Per Share	0.062	0.040	-	0.040	0.036	-
Dividend Growth	-	-	-	10.80%	-	-
Operating Margin	81.81%	82.57%	82.09%	40.11%	33.04%	-351.81%
Profit Margin	65.31%	116.16%	70.71%	401.78%	483.02%	3035.14%
EBIT	17.75	16.41	12.6	4.17	2.71	-2.1
EBIT Margin	81.81%	82.57%	82.09%	40.11%	33.04%	-
Funds From Operations (FFO)	11.25	9.66	6.6	6.61	6.22	-0.22
Adjusted Funds From Operations (AFFO)	-	9.35	6.06	-	4.29	-
FFO Payout Ratio	44.74%	12.32%	35.53%	54.51%	28.22%	-
Effective Tax Rate	8.12%	4.07%	-	-	-	-
Revenue as Reported	21.7	19.87	15.35	10.4	8.22	0.6

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