Prime US REIT (SGX:OXMU)

Prime US REIT Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	140.96	159.8	163.01	156.74	143.56
Total Revenue	140.96	159.8	163.01	156.74	143.56
Revenue Growth (YoY	-11.79%	-1.97%	4.00%	9.18%	-1.39%
Property Expenses	69.23	72.67	72.95	63.76	56.55
Selling, General & Administrative	2.42	2.17	2.48	2.05	1.61
Total Operating Expenses	71.65	74.84	75.43	65.81	58.16
Operating Income	69.32	84.96	87.58	90.93	85.4
Interest Expense	-43.95	-39.3	16	-0.53	-30.96
Interest & Investment Income	0.67	0.09	0.01	0	0
Other Non-Operating Income	-0.17	-0.34	-0.34	-0.31	-0.27
EBT Excluding Unusual Items	25.86	45.41	103.26	90.1	54.17
Gain (Loss) on Sale of Assets	-2.63	-	-	-	-
Asset Writedown	-15.06	-161.21	-143.73	-17.2	-28.94
Other Unusual Items	-	-	-0.34	-	-
Pretax Income	8.17	-115.79	-40.81	72.9	25.24
Income Tax Expense	0.12	0.05	-13.89	4.71	2.03
Net Income	8.05	-115.84	-26.92	68.19	23.21
Net Income to Common	8.05	-115.84	-26.92	68.19	23.21
Net Income Growth	-	-	-	193.80%	-71.31%
Basic Shares Outstanding	1,308	1,305	1,293	1,223	1,140
Diluted Shares Outstanding	1,308	1,305	1,293	1,223	1,140
Shares Change (YoY)	0.26%	0.93%	5.73%	7.27%	12.14%
EPS (Basic)	0.01	-0.09	-0.02	0.06	0.02
EPS (Diluted)	0.01	-0.09	-0.02	0.06	0.02
EPS Growth	-	-	-	173.90%	-74.41%
Dividend Per Share	0.003	0.025	0.059	0.062	0.063
Dividend Growth	-88.21%	-58.66%	-3.41%	-2.38%	-8.07%
Operating Margin	49.17%	53.17%	53.73%	58.01%	59.49%
Profit Margin	5.71%	-72.49%	-16.51%	43.50%	16.17%
EBIT	69.32	84.96	87.58	90.93	85.4
EBIT Margin	49.17%	53.17%	53.73%	58.01%	59.49%
Effective Tax Rate	1.48%	-	-	6.46%	8.04%

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.