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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	74.53	73.85	92.95	63.17	59.29	18.9
Other Revenue	1.95	2.2	3.16	3.55	0.29	11.76
Total Revenue	76.48	76.05	96.1	66.72	59.58	30.66
Revenue Growth (YoY	2.33%	-20.86%	44.04%	11.98%	94.31%	72.23%
Property Expenses	13.28	12.84	28.26	10.94	11.38	2.61
Selling, General & Administrative	2.67	3.16	4.39	2.91	1.88	1.96
Depreciation & Amortization	0.55	0.55	0.6	0.49	0.1	0.11
Other Operating Expenses	4.84	4.84	4.29	4.23	3.63	1.51
Total Operating Expenses	22.52	21.57	39.69	19.18	17.22	6.21
Operating Income	53.97	54.48	56.41	47.54	42.36	24.45
Interest Expense	-9.47	-9.63	-4.43	-6.2	-4.7	-0.48
Interest & Investment Income	0.77	0.77	1.22	0.34	0.38	0.64
Other Non-Operating Income	0.05	-0.03	0.23	0.22	0.44	0.01
EBT Excluding Unusual Items	45.32	45.59	53.42	41.9	38.49	24.62
Gain (Loss) on Sale of Investments	1.65	1.7	0.55	0.47	3.79	0.53
Gain (Loss) on Sale of Assets	1.6	1.23	1.56	0.3	-0.66	-
Asset Writedown	-1.44	-1.4	-3.51	2.41	1.07	-0.07
Pretax Income	47.14	47.12	52.02	45.08	42.68	25.08
Income Tax Expense	0.96	0.81	1.11	1.18	1.91	0.75
Earnings From Continuing Operations	46.18	46.31	50.91	43.9	40.77	24.33
Net Income to Company	46.18	46.31	50.91	43.9	40.77	24.33
Minority Interest in Earnings	-9.28	-11.82	-15.28	-15.13	-12.56	-
Net Income	36.91	34.49	35.63	28.77	28.22	24.33
Net Income to Common	36.91	34.49	35.63	28.77	28.22	24.33
Net Income Growth	15.36%	-3.20%	23.87%	1.95%	15.98%	47.46%
Basic Shares Outstanding	200	200	200	200	200	200
Diluted Shares Outstanding	200	200	200	200	200	200
EPS (Basic)	0.18	0.17	0.18	0.14	0.14	0.12
EPS (Diluted)	0.18	0.17	0.18	0.14	0.14	0.12
EPS Growth	15.36%	-3.20%	23.87%	1.95%	15.98%	47.47%
Dividend Per Share	-	-	0.060	0.055	0.050	0.055
Dividend Growth	-	-	9.09%	10.00%	-9.09%	-
Operating Margin	70.56%	71.63%	58.70%	71.26%	71.10%	79.75%
Profit Margin	48.25%	45.35%	37.08%	43.11%	47.36%	79.34%
EBITDA	61.55	62.05	64	55.04	49.48	27.06
EBITDA Margin	80.47%	81.59%	66.59%	82.49%	83.05%	88.23%
D&A For Ebitda	7.58	7.57	7.59	7.49	7.12	2.6
EBIT	53.97	54.48	56.41	47.54	42.36	24.45
EBIT Margin	70.56%	71.63%	58.70%	71.26%	71.10%	79.75%
Effective Tax Rate	2.03%	1.72%	2.14%	2.62%	4.47%	3.01%