HLTC Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	342.28	353.79	345.93	335.85	329.36
Total Revenue	342.28	353.79	345.93	335.85	329.36
Revenue Growth (YoY	-3.26%	2.27%	3.00%	1.97%	-13.69%
Property Expenses	218.9	347.31	243.32	238.8	224.92
Selling, General & Administrative	21.28	22.44	18.93	17.29	16.83
Depreciation & Amortization	78.26	84.07	82.87	82.06	79.93
Total Operating Expenses	318.44	453.81	345.12	338.15	321.67
Operating Income	23.84	-100.02	0.81	-2.3	7.68
Interest Expense	-61.28	-69.45	-66.08	-51.74	-47.9
Interest & Investment Income	0.27	1.05	0.73	0.03	0.06
Other Non-Operating Income	-0.07	1.54	-2	3.83	0.04
EBT Excluding Unusual Items	-37.24	-166.87	-66.53	-50.18	-40.12
Merger & Restructuring Charges	-0.52	-7.95	-0.55	-1.48	-2.71
Gain (Loss) on Sale of Assets	27.8	9.31	-0.32	-0.13	3.65
Asset Writedown	-44.91	-24.88	-4.68	-27.63	-40.95
Other Unusual Items	-2.65	0.39	-	-	-5.1
Pretax Income	-57.52	-190	-72.08	-79.42	-85.24
Income Tax Expense	0.16	0.26	0.3	0.2	0.2
Earnings From Continuing Operations	-57.69	-190.26	-72.38	-79.62	-85.44
Minority Interest in Earnings	0.06	0.57	0.08	0.14	0.26
Net Income	-57.62	-189.7	-72.3	-79.49	-85.18
Preferred Dividends & Other Adjustments	13.45	13.8	13.8	13.8	7.76
Net Income to Common	-71.07	-203.5	-86.1	-93.29	-92.94
Basic Shares Outstanding	28	28	28	28	28
Diluted Shares Outstanding	28	28	28	28	28
Shares Change (YoY)	0.06%	0.02%	0.07%	0.07%	1.75%
EPS (Basic)	-2.51	-7.19	-3.04	-3.30	-3.29
EPS (Diluted)	-2.51	-7.19	-3.04	-3.30	-3.29
Operating Margin	6.96%	-28.27%	0.23%	-0.69%	2.33%
Profit Margin	-20.76%	-57.52%	-24.89%	-27.78%	-28.22%
EBITDA	103.99	-17.38	82.79	79.14	87.41
EBITDA Margin	30.38%	-4.91%	23.93%	23.56%	26.54%
D&A For Ebitda	80.15	82.64	81.98	81.44	79.73
EBIT	23.84	-100.02	0.81	-2.3	7.68
EBIT Margin	6.96%	-28.27%	0.23%	-0.69%	2.33%
Funds From Operations (FFO)	18.27	-109.16	-1.45	14.04	21.95
Adjusted Funds From Operations (AFFO)	18.27	-109.16	-1.45	14.04	21.95

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.