NZE:NZL Income Statement

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

Millions NZD. Fiscal year is Jan - Dec.

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

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