Banan Real Estate Company (TADAWUL:4324)

Banan Real Estate Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	67.77	92.95	63.17	59.29	18.9	12.49
Other Revenue	2.4	3.16	3.55	0.29	11.76	5.31
Total Revenue	70.18	96.1	66.72	59.58	30.66	17.8
Revenue Growth (YoY	-28.94%	44.04%	11.98%	94.31%	72.23%	-26.14%
Property Expenses	12.56	28.26	10.94	11.38	2.61	1.7
Selling, General & Administrative	2.28	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	19.91	39.69	19.18	17.22	6.21	4.51
Operating Income	50.26	56.41	47.54	42.36	24.45	13.29
Interest Expense	-6.07	-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	-0.65	0.23	0.22	0.44	0.01	-
EBT Excluding Unusual Items	44.76	53.42	41.9	38.49	24.62	13.77
Gain (Loss) on Sale of Investments	-0.35	0.55	0.47	3.79	0.53	-
Gain (Loss) on Sale of Assets	2.79	1.56	0.3	-0.66	-	0.37
Asset Writedown	1.36	-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	46.89	50.91	43.9	40.77	24.33	13.84
Earnings From Discontinued Operations	-	-	-	-	-	2.66
Net Income to Company	46.89	50.91	43.9	40.77	24.33	16.5
Minority Interest in Earnings	-11.49	-15.28	-15.13	-12.56	-	-
Net Income	35.41	35.63	28.77	28.22	24.33	16.5
Net Income to Common	35.41	35.63	28.77	28.22	24.33	16.5
Net Income Growth	-12.31%	23.87%	1.95%	15.98%	47.46%	171.67%
Basic Shares Outstanding	223	200	200	200	200	200
Diluted Shares Outstanding	223	200	200	200	200	200
Shares Change (YoY)	11.56%	-	-	-	-	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	-21.40%	23.87%	1.95%	15.98%	47.47%	-97.28%
Dividend Per Share	0.025	0.060	0.055	0.050	0.055	-
Dividend Growth	-64.29%	9.09%	10.00%	-9.09%	-	-
Operating Margin	71.63%	58.70%	71.26%	71.10%	79.75%	74.65%
Profit Margin	50.46%	37.08%	43.11%	47.36%	79.34%	92.67%
EBITDA	57.83	64	55.04	49.48	27.06	15.72
EBITDA Margin	82.40%	66.59%	82.49%	83.05%	88.23%	88.32%
D&A For Ebitda	7.56	7.59	7.49	7.12	2.6	2.43
EBIT	50.26	56.41	47.54	42.36	24.45	13.29
EBIT Margin	71.63%	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.