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	42.05	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
Total Operating Expenses	70.32	69.57	57.12	71.24	37.69	78.66
Operating Income	171.18	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	11.24	12.01	8.41	1.68	0.29	0.2
Other Non-Operating Income	-60.03	-60.03	-46.25	-57.88	-17.23	1.66
EBT Excluding Unusual Items	83.95	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	9.02	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	0.126	0.123	0.115	0.107	0.089	0.086
Dividend Growth	8.10%	7.32%	7.29%	19.97%	3.74%	-
Operating Margin	70.88%	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	171.18	167.54	143.47	95.5	86.09	19.46
EBIT Margin	70.88%	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.