MREIT Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jun '21 Jun 30, 2021
Rental Revenue	4,213	3,464	3,223	2,918	2,395	390.09
Total Revenue	4,213	3,464	3,223	2,918	2,395	390.09
Revenue Growth (YoY	31.20%	7.47%	10.47%	21.83%	513.96%	-
Property Expenses	1,114	978.3	940.57	676.21	445.98	40.94
Selling, General & Administrative	40.82	40.82	26.83	15.31	12.12	3.1
Depreciation & Amortization	0.04	0.04	0.03	0.03	-	-
Other Operating Expenses	-1,271	-997.7	-897.78	-708.91	-519.29	-29.88
Total Operating Expenses	-115.51	21.46	69.64	-17.37	-61.19	14.16
Operating Income	4,328	3,443	3,154	2,935	2,456	375.93
Interest Expense	-475.83	-304.38	-306.98	-309.09	-47.67	-4.81
Interest & Investment Income	33.37	50.17	64.69	23.04	16.75	1.27
Other Non-Operating Income	2.83	4.56	1.69	0.69	-	-
EBT Excluding Unusual Items	3,888	3,193	2,913	2,650	2,425	372.4
Asset Writedown	790.42	790.42	-2,732	-2,822	1,404	481.18
Pretax Income	4,679	3,983	180.93	-172.2	3,829	853.58
Income Tax Expense	5.99	9.57	12.59	4.35	-199.16	202.57
Net Income	4,673	3,974	168.34	-176.55	4,028	651.01
Net Income to Common	4,673	3,974	168.34	-176.55	4,028	651.01
Net Income Growth	2495.12%	2260.57%	-	-	518.79%	-
Basic Shares Outstanding	3,598	2,904	2,730	2,532	2,532	2,532
Diluted Shares Outstanding	3,598	2,904	2,730	2,532	2,532	2,532
Shares Change (YoY)	31.82%	6.37%	7.81%	-	-	25221.21%
EPS (Basic)	1.30	1.37	0.06	-0.07	1.59	0.26
EPS (Diluted)	1.30	1.37	0.06	-0.07	1.59	0.26
EPS Growth	2005.82%	2119.17%	-	-	518.80%	-
Dividend Per Share	1.002	0.993	0.987	0.977	-	-
Dividend Growth	1.38%	0.57%	1.04%	-	-	-
Operating Margin	102.74%	99.38%	97.84%	100.59%	102.55%	96.37%
Profit Margin	110.93%	114.71%	5.22%	-6.05%	168.20%	166.89%
EBITDA	4,328	3,443	3,154	2,935	-	-
EBITDA Margin	102.74%	99.38%	97.84%	100.60%	-	-
D&A For Ebitda	0.06	0.04	0.03	0.03	-	-
EBIT	4,328	3,443	3,154	2,935	2,456	375.93
EBIT Margin	102.74%	99.38%	97.84%	100.59%	102.55%	96.37%
Effective Tax Rate	0.13%	0.24%	6.96%	-	-	23.73%
Revenue as Reported	5,532	4,513	4,157	3,649	2,921	454.39

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.