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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	241.5	237.11	200.59	166.73	123.78	112
Other Revenue	-	-	-	-	-	-13.88
Total Revenue	241.5	237.11	200.59	166.73	123.78	98.12
Revenue Growth (YoY	15.29%	18.21%	20.30%	34.70%	26.15%	68.49%
Property Expenses	33.54	41.65	30.83	46.14	17.87	58.42
Selling, General & Administrative	28.27	27.93	26.29	25.09	19.82	20.24
Other Operating Expenses	-0.48	-	-	-	-	-
Total Operating Expenses	61.33	69.57	57.12	71.24	37.69	78.66
Operating Income	180.16	167.54	143.47	95.5	86.09	19.46
Interest Expense	-38.44	-38.19	-26.96	-16.67	-14.9	-13.18
Interest & Investment Income	12.01	12.01	8.41	1.68	0.29	0.2
Other Non-Operating Income	-60.8	-60.03	-46.25	-57.88	-17.23	1.66
EBT Excluding Unusual Items	92.93	81.34	78.67	22.63	54.26	8.14
Asset Writedown	52.33	41.63	70.14	123.56	105.08	-5.86
Other Unusual Items	0.04	0.04	-0.81	-2.21	-0.58	-
Pretax Income	145.29	123	148	143.98	158.76	2.28
Net Income	145.29	123	148	143.98	158.76	2.28
Net Income to Common	145.29	123	148	143.98	158.76	2.28
Net Income Growth	-3.62%	-16.89%	2.79%	-9.31%	6872.42%	-97.14%
Basic Shares Outstanding	783	731	686	688	627	508
Diluted Shares Outstanding	784	732	687	689	630	509
Shares Change (YoY)	21.12%	6.53%	-0.41%	9.38%	23.93%	77.59%
EPS (Basic)	0.19	0.17	0.22	0.21	0.25	0.00
EPS (Diluted)	0.19	0.17	0.22	0.21	0.25	0.00
EPS Growth	-20.40%	-21.96%	3.09%	-16.33%	5485.34%	-98.39%
Dividend Per Share	0.123	0.123	0.115	0.107	0.089	0.086
Dividend Growth	43.45%	7.32%	7.29%	19.97%	3.74%	-
Operating Margin	74.60%	70.66%	71.52%	57.27%	69.55%	19.83%
Profit Margin	60.16%	51.88%	73.78%	86.35%	128.26%	2.32%
EBIT	180.16	167.54	143.47	95.5	86.09	19.46
EBIT Margin	74.60%	70.66%	71.52%	57.27%	69.55%	19.83%

Updated Nov 21, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.