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	2020
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	2020
Rental Revenue	4,213	3,464	3,223	2,918	2,395	390.09	Upgrade
Total Revenue	5,194	3,464	3,223	2,918	2,395	390.09	Upgrade
Revenue Growth (YoY	61.75%	7.47%	10.47%	21.83%	513.96%	-	Upgrade
Property Expenses	1,114	978.3	940.57	676.21	445.98	40.94	Upgrade
Selling, General & Administrative	40.82	40.82	26.83	15.31	12.12	3.1	Upgrade
Depreciation & Amortization	0.04	0.04	0.03	0.03	-	-	Upgrade
Other Operating Expenses	-289.72	-997.7	-897.78	-708.91	-519.29	-29.88	Upgrade
Total Operating Expenses	865.61	21.46	69.64	-17.37	-61.19	14.16	Upgrade
Operating Income	4,328	3,443	3,154	2,935	2,456	375.93	Upgrade
Interest Expense	-475.83	-304.38	-306.98	-309.09	-47.67	-4.81	Upgrade
Interest & Investment Income	33.37	50.17	64.69	23.04	16.75	1.27	Upgrade
Other Non-Operating Income	2.83	4.56	1.69	0.69	-	-	Upgrade
EBT Excluding Unusual Items	3,888	3,193	2,913	2,650	2,425	372.4	Upgrade
Asset Writedown	790.42	790.42	-2,732	-2,822	1,404	481.18	Upgrade
Pretax Income	4,679	3,983	180.93	-172.2	3,829	853.58	Upgrade
Income Tax Expense	5.99	9.57	12.59	4.35	-199.16	202.57	Upgrade
Net Income	4,673	3,974	168.34	-176.55	4,028	651.01	Upgrade
Net Income to Common	4,673	3,974	168.34	-176.55	4,028	651.01	Upgrade
Net Income Growth	2495.12%	2260.57%	-	-	518.79%	-	Upgrade
Basic Shares Outstanding	3,591	2,904	2,730	2,532	2,532	2,532	Upgrade
Diluted Shares Outstanding	3,591	2,904	2,730	2,532	2,532	2,532	Upgrade
Shares Change (YoY)	31.89%	6.37%	7.81%	-	-	25221.21%	Upgrade
EPS (Basic)	1.30	1.37	0.06	-0.07	1.59	0.26	Upgrade
EPS (Diluted)	1.30	1.37	0.06	-0.07	1.59	0.26	Upgrade
EPS Growth	1862.50%	2119.17%	-	-	518.80%	-	Upgrade
Dividend Per Share	0.251	0.993	0.987	0.977	-	-	Upgrade
Dividend Growth	-74.65%	0.57%	1.04%	-	-	-	Upgrade
Operating Margin	83.33%	99.38%	97.84%	100.59%	102.55%	96.37%	Upgrade
Profit Margin	89.97%	114.71%	5.22%	-6.05%	168.20%	166.89%	Upgrade
EBITDA	4,328	3,443	3,154	2,935	-	-	Upgrade
EBITDA Margin	83.34%	99.38%	97.84%	100.60%	-	-	Upgrade
D&A For Ebitda	0.06	0.04	0.03	0.03	-	-	Upgrade
EBIT	4,328	3,443	3,154	2,935	2,456	375.93	Upgrade
EBIT Margin	83.33%	99.38%	97.84%	100.59%	102.55%	96.37%	Upgrade
Effective Tax Rate	0.13%	0.24%	6.96%	-	-	23.73%	Upgrade
Revenue as Reported	5,532	4,513	4,157	3,649	2,921	454.39	Upgrade

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