Menivim - The New Reit Ltd (TLV: MNRT)

Menivim - The New Reit Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	228.5	200.59	166.73	123.78	112	58.23
Other Revenue	-	-	-	-	-13.88	-
Total Revenue	228.5	200.59	166.73	123.78	98.12	58.23
Revenue Growth (YoY	18.13%	20.30%	34.70%	26.15%	68.49%	24.56%
Property Expenses	32.1	30.83	46.14	17.87	58.42	8.61
Selling, General & Administrative	26.96	26.29	25.09	19.82	20.24	11.07
Total Operating Expenses	59.06	57.12	71.24	37.69	78.66	19.68
Operating Income	169.44	143.47	95.5	86.09	19.46	38.56
Interest Expense	-53.45	-26.96	-16.67	-14.9	-13.18	-10.26
Interest & Investment Income	11.59	8.41	1.68	0.29	0.2	0.28
Other Non-Operating Income	-46.25	-46.25	-57.88	-17.23	1.66	-1.03
EBT Excluding Unusual Items	81.32	78.67	22.63	54.26	8.14	27.54
Asset Writedown	47.19	70.14	123.56	105.08	-5.86	51.93
Other Unusual Items	-5.58	-0.81	-2.21	-0.58	-	-
Pretax Income	122.93	148	143.98	158.76	2.28	79.47
Net Income	122.93	148	143.98	158.76	2.28	79.47
Net Income to Common	122.93	148	143.98	158.76	2.28	79.47
Net Income Growth	-28.69%	2.79%	-9.31%	6872.42%	-97.13%	570.04%
Basic Shares Outstanding	703	686	688	627	508	286
Diluted Shares Outstanding	703	687	689	630	509	286
Shares Change (YoY)	-0.25%	-0.41%	9.38%	23.93%	77.58%	59.32%
EPS (Basic)	0.17	0.22	0.21	0.25	0.00	0.28
EPS (Diluted)	0.17	0.22	0.21	0.25	0.00	0.28
EPS Growth	-28.60%	3.09%	-16.33%	5485.34%	-98.39%	320.76%
Dividend Per Share	0.121	0.117	0.107	0.089	0.086	-
Dividend Growth	4.78%	9.04%	19.97%	3.73%	-	-
Operating Margin	74.15%	71.52%	57.27%	69.55%	19.83%	66.21%
Profit Margin	53.80%	73.78%	86.35%	128.26%	2.32%	136.47%
Free Cash Flow Margin	82.55%	80.98%	74.55%	75.87%	89.41%	69.97%
EBIT	169.44	143.47	95.5	86.09	19.46	38.56
EBIT Margin	74.15%	71.52%	57.27%	69.55%	19.83%	66.21%

Source: S&P Capital IQ. Real Estate template. Financial Sources.