QSE:MRDS Income Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 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	Dec '20 Dec 31, 2020
Rental Revenue	141.79	139.2	122.34	121.87	32.74	27.55
Property Management Fees	-	-	-	-	0.82	-
Other Revenue	-1.45	0.28	1.08	0.11	-0.35	-
Total Revenue	140.34	139.49	123.42	121.98	103.73	99.89
Revenue Growth (YoY	2.29%	13.02%	1.18%	17.59%	3.85%	-0.37%
Property Expenses	15.6	19.37	9.71	11.46	12.87	11.31
Selling, General & Administrative	25.15	29.88	32.7	26.43	25.42	21.72
Depreciation & Amortization	-	-	-	-	1.71	2.53
Other Operating Expenses	-24.67	-1.55	-1.59	-	-	-
Total Operating Expenses	16.08	47.71	40.82	37.88	39.99	35.57
Operating Income	124.26	91.78	82.6	84.1	63.74	64.32
Interest Expense	-76.2	-76.99	-57.8	-42.31	-44.64	-34.88
Interest & Investment Income	6.91	6.91	11.12	0.05	0.3	0.25
Other Non-Operating Income	-	-	-	1.09	0.41	0.27
EBT Excluding Unusual Items	55.23	21.69	35.93	42.92	19.81	29.95
Gain (Loss) on Sale of Investments	-6	-7.5	-1.5	-1.5	-1.5	-2.43
Gain (Loss) on Sale of Assets	-	1.69	0.23	-	-	0.24
Asset Writedown	-	-	17.11	-	-266.7	3.65
Total Legal Settlements	-	-85.87	-21.64	-	-	-
Pretax Income	49.23	-69.99	30.13	41.42	-248.4	31.41
Income Tax Expense	-0.25	-	0.45	0.41	0.35	0.38
Net Income	49.48	-69.99	29.69	41.01	-248.75	31.03
Net Income to Common	49.48	-69.99	29.69	41.01	-248.75	31.03
Net Income Growth	-	-	-27.61%	-	-	-3.31%
Basic Shares Outstanding	1,005	1,000	1,145	1,158	1,158	1,149
Diluted Shares Outstanding	1,005	1,000	1,145	1,158	1,158	1,149
Shares Change (YoY)	-3.83%	-12.67%	-1.08%	-	0.78%	-0.77%
EPS (Basic)	0.05	-0.07	0.03	0.04	-0.21	0.03
EPS (Diluted)	0.05	-0.07	0.03	0.04	-0.21	0.03
EPS Growth	-	-	-26.82%	-	-	-2.56%
Dividend Per Share	-	-	0.025	-	-	0.030
Operating Margin	88.54%	65.80%	66.93%	68.94%	61.45%	64.39%
Profit Margin	35.26%	-50.18%	24.05%	33.62%	-239.80%	31.07%
EBITDA	124.66	92.17	82.97	84.61	64.15	64.49
EBITDA Margin	88.82%	66.08%	67.23%	69.36%	61.84%	64.57%
D&A For Ebitda	0.4	0.39	0.37	0.51	0.41	0.18
EBIT	124.26	91.78	82.6	84.1	63.74	64.32
EBIT Margin	88.54%	65.80%	66.93%	68.94%	61.45%	64.39%
Effective Tax Rate	-	-	1.48%	1.00%	-	1.21%

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