Banan Real Estate Company Income Statement

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

Millions SAR. 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	71.07	92.95	63.17	59.29	18.9	12.49
Other Revenue	3.39	3.16	3.55	0.29	11.76	5.31
Total Revenue	74.46	96.1	66.72	59.58	30.66	17.8
Revenue Growth (YoY	-22.00%	44.04%	11.98%	94.31%	72.23%	-26.14%
Property Expenses	12.06	28.26	10.94	11.38	2.61	1.7
Selling, General & Administrative	4.52	4.39	2.91	1.88	1.96	2.6
Depreciation & Amortization	0.6	0.6	0.49	0.1	0.11	-
Other Operating Expenses	4.29	4.29	4.23	3.63	1.51	0
Total Operating Expenses	21.7	39.69	19.18	17.22	6.21	4.51
Operating Income	52.76	56.41	47.54	42.36	24.45	13.29
Interest Expense	-8.44	-4.43	-6.2	-4.7	-0.48	-
Interest & Investment Income	1.22	1.22	0.34	0.38	0.64	0.47
Other Non-Operating Income	-0.19	0.23	0.22	0.44	0.01	-
EBT Excluding Unusual Items	45.35	53.42	41.9	38.49	24.62	13.77
Gain (Loss) on Sale of Investments	-0.41	0.55	0.47	3.79	0.53	-
Gain (Loss) on Sale of Assets	2.06	1.56	0.3	-0.66	-	0.37
Asset Writedown	1.56	-3.51	2.41	1.07	-0.07	-
Pretax Income	48.56	52.02	45.08	42.68	25.08	14.14
Income Tax Expense	1.67	1.11	1.18	1.91	0.75	0.3
Earnings From Continuing Operations	46.9	50.91	43.9	40.77	24.33	13.84
Earnings From Discontinued Operations	-	-	-	-	-	2.66
Net Income to Company	46.9	50.91	43.9	40.77	24.33	16.5
Minority Interest in Earnings	-14.4	-15.28	-15.13	-12.56	-	-
Net Income	32.5	35.63	28.77	28.22	24.33	16.5
Net Income to Common	32.5	35.63	28.77	28.22	24.33	16.5
Net Income Growth	-19.52%	23.87%	1.95%	15.98%	47.46%	171.67%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
Shares Change (YoY)	-	-	-	-	-	9900.00%
EPS (Basic)	0.16	0.18	0.14	0.14	0.12	0.08
EPS (Diluted)	0.16	0.18	0.14	0.14	0.12	0.08
EPS Growth	-19.52%	23.87%	1.95%	15.98%	47.47%	-97.28%
Dividend Per Share	0.055	0.060	0.055	0.050	0.055	-
Dividend Growth	-21.43%	9.09%	10.00%	-9.09%	-	-
Operating Margin	70.85%	58.70%	71.26%	71.10%	79.75%	74.65%
Profit Margin	43.64%	37.08%	43.11%	47.36%	79.34%	92.67%
EBITDA	60.33	64	55.04	49.48	27.06	15.72
EBITDA Margin	81.02%	66.59%	82.49%	83.05%	88.23%	88.32%
D&A For Ebitda	7.57	7.59	7.49	7.12	2.6	2.43
EBIT	52.76	56.41	47.54	42.36	24.45	13.29
EBIT Margin	70.85%	58.70%	71.26%	71.10%	79.75%	74.65%
Effective Tax Rate	3.44%	2.14%	2.62%	4.47%	3.01%	2.14%

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