Riyad REIT Fund (TADAWUL:4330)

Riyad REIT Fund Income Statement

Financials in millions SAR. 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	264.47	257.98	210.41	180.06	141.14
Total Revenue	293.93	307.53	275.56	248.5	186.02
Revenue Growth (YoY	-4.42%	11.60%	10.89%	33.59%	2.66%
Property Expenses	106.37	105.63	84.39	66.96	53.66
Selling, General & Administrative	57.89	57.94	45.49	43.31	42.11
Depreciation & Amortization	33.6	33.79	30.96	30.96	24.65
Total Operating Expenses	202.32	200.11	163.15	142.94	120.43
Operating Income	91.61	107.42	112.41	105.56	65.59
Interest Expense	-103.28	-100.96	-49.98	-27.89	-20.96
Other Non-Operating Income	17.21	14.89	5.96	-0.1	0.42
EBT Excluding Unusual Items	5.54	21.35	68.39	77.57	45.06
Gain (Loss) on Sale of Investments	-125.31	0.3	20.54	18.98	-
Asset Writedown	-67.51	-	-	-	-
Pretax Income	-187.28	21.65	88.93	96.55	45.06
Net Income	-187.28	21.65	88.93	96.55	45.06
Net Income to Common	-187.28	21.65	88.93	96.55	45.06
Net Income Growth	-	-75.65%	-7.90%	114.29%	-36.44%
Basic Shares Outstanding	172	172	172	172	172
Diluted Shares Outstanding	172	172	172	172	172
EPS (Basic)	-1.09	0.13	0.52	0.56	0.26
EPS (Diluted)	-1.09	0.13	0.52	0.56	0.26
EPS Growth	-	-75.65%	-7.90%	114.29%	-36.44%
Dividend Per Share	0.310	0.400	0.690	0.740	0.450
Dividend Growth	-22.50%	-42.03%	-6.76%	64.44%	-8.16%
Operating Margin	31.17%	34.93%	40.79%	42.48%	35.26%
Profit Margin	-63.71%	7.04%	32.27%	38.85%	24.22%
EBITDA	125.21	141.21	143.37	136.53	90.25
EBITDA Margin	42.60%	45.92%	52.03%	54.94%	48.51%
D&A For Ebitda	33.6	33.79	30.96	30.96	24.65
EBIT	91.61	107.42	112.41	105.56	65.59
EBIT Margin	31.17%	34.93%	40.79%	42.48%	35.26%
Funds From Operations (FFO)	21.9	55.44	119.89	127.51	69.71
Adjusted Funds From Operations (AFFO)	21.9	55.44	119.89	127.51	69.71
FFO Payout Ratio	235.19%	154.84%	130.32%	70.02%	110.84%

Updated Aug 11, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.