Stride Property Group (NZE:SPG)

Stride Property Group Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	92.99	97.71	98.86	94.6	89.03	66.43
Property Management Fees	22.69	20.42	19.85	23.31	24.27	24.24
Other Revenue	31.69	20.47	-21.26	-42.39	65.61	62.26
Total Revenue	147.38	138.6	97.46	75.52	178.9	152.93
Revenue Growth (YoY	27.07%	42.22%	29.04%	-57.79%	16.99%	73.13%
Property Expenses	28.88	28.66	26.56	23.52	27.72	15.74
Selling, General & Administrative	22.22	21.32	23.97	23.74	22.9	21.05
Total Operating Expenses	51.1	49.97	50.53	47.25	50.63	36.79
Operating Income	96.28	88.62	46.93	28.27	128.28	116.14
Interest Expense	-19.84	-19.78	-20.86	-17.75	-16.23	-12.09
Interest & Investment Income	0.43	0.66	0.8	0.42	0	0.02
Other Non-Operating Income	0.26	0.3	-0.59	-0.16	1.34	-1.8
EBT Excluding Unusual Items	77.12	69.8	26.28	10.78	113.39	102.27
Gain (Loss) on Sale of Investments	7.23	-8.78	-	-	-18.46	-
Gain (Loss) on Sale of Assets	0.95	0.97	-2.47	-2.04	-0.93	0.31
Asset Writedown	-30.01	-29.53	-75.78	-118.49	30.66	38.76
Pretax Income	55.28	32.47	-51.98	-109.75	124.66	141.34
Income Tax Expense	9.48	10.82	4.15	7	12.37	9.39
Earnings From Continuing Operations	45.81	21.65	-56.12	-116.75	112.29	131.95
Earnings From Discontinued Operations	-	-	-	-	-	-0.08
Net Income	45.81	21.65	-56.12	-116.75	112.29	131.87
Net Income to Common	45.81	21.65	-56.12	-116.75	112.29	131.87
Net Income Growth	256.23%	-	-	-	-14.85%	420.84%
Basic Shares Outstanding	559	559	549	540	495	400
Diluted Shares Outstanding	563	563	549	540	496	401
Shares Change (YoY)	1.02%	2.45%	1.62%	8.91%	23.71%	9.43%
EPS (Basic)	0.08	0.04	-0.10	-0.22	0.23	0.33
EPS (Diluted)	0.08	0.04	-0.10	-0.22	0.23	0.33
EPS Growth	253.04%	-	-	-	-31.17%	376.08%
Dividend Per Share	0.120	0.080	0.080	0.080	0.099	0.099
Dividend Growth	200.00%	-	-	-19.27%	-	-
Operating Margin	65.33%	63.94%	48.15%	37.43%	71.70%	75.94%
Profit Margin	31.08%	15.62%	-57.59%	-154.59%	62.77%	86.23%
EBITDA	96.44	88.79	47.11	28.45	128.44	116.33
EBITDA Margin	65.44%	64.07%	48.34%	37.68%	71.79%	76.07%
D&A For Ebitda	0.17	0.17	0.18	0.19	0.17	0.2
EBIT	96.28	88.62	46.93	28.27	128.28	116.14
EBIT Margin	65.33%	63.94%	48.15%	37.43%	71.70%	75.94%
Adjusted Funds From Operations (AFFO)	-	42.09	52.86	51.58	50.06	43.29
AFFO Per Share	-	0.07	0.10	0.10	0.10	0.11
Effective Tax Rate	17.14%	33.32%	-	-	9.92%	6.64%

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