Taleem REIT Fund (TADAWUL:4333)

Taleem 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	62.61	61.58	60.1	48.29	46.29
Gain (Loss) on Sale of Investments (Rev)	-	-	-	-	0.07
Other Revenue	0.13	-	-	-	0.01
Total Revenue	67.56	66.4	62.45	50.63	48.79
Revenue Growth (YoY	1.75%	6.33%	23.33%	3.79%	6.70%
Property Expenses	3.83	3.83	3.83	3.83	3.83
Selling, General & Administrative	0.22	0.28	0.27	0.23	0.19
Depreciation & Amortization	6.18	6.32	5.86	3.84	3.18
Total Operating Expenses	10.22	10.42	9.96	7.89	7.19
Operating Income	57.34	55.98	52.49	42.74	41.59
Interest Expense	-23.31	-22.59	-11.34	-2.19	-1.2
Other Non-Operating Income	-1.44	-0.72	-1.49	-1.15	-0.96
EBT Excluding Unusual Items	32.59	32.66	39.67	39.4	39.44
Asset Writedown	0.05	3.73	-3.78	2.19	-2.19
Other Unusual Items	-0.13	-0.07	-	-	-
Pretax Income	32.52	36.32	35.89	41.59	37.25
Income Tax Expense	-	0.02	2.73	2.13	1.75
Net Income	32.52	36.3	33.16	39.46	35.5
Net Income to Common	32.52	36.3	33.16	39.46	35.5
Net Income Growth	-10.42%	9.47%	-15.96%	11.15%	-3.72%
Basic Shares Outstanding	51	51	51	51	51
Diluted Shares Outstanding	51	51	51	51	51
EPS (Basic)	0.64	0.71	0.65	0.77	0.70
EPS (Diluted)	0.64	0.71	0.65	0.77	0.70
EPS Growth	-10.42%	9.47%	-15.96%	11.15%	-3.72%
Dividend Per Share	0.640	0.640	0.700	0.480	0.640
Dividend Growth	-	-8.57%	45.83%	-25.00%	-
Operating Margin	84.87%	84.30%	84.06%	84.41%	85.26%
Profit Margin	48.13%	54.67%	53.10%	77.93%	72.77%
EBITDA	63.52	62.3	58.35	46.58	44.77
EBITDA Margin	94.02%	93.82%	93.44%	91.99%	91.77%
D&A For Ebitda	6.18	6.32	5.86	3.84	3.18
EBIT	57.34	55.98	52.49	42.74	41.59
EBIT Margin	84.87%	84.30%	84.06%	84.41%	85.26%
Effective Tax Rate	-	0.06%	7.61%	5.13%	4.69%
Revenue as Reported	67.56	66.4	62.45	50.63	48.79

Updated Aug 22, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.