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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	254.03	237.11	200.59	166.73	123.78	112
Other Revenue	-	-	-	-	-	-13.88
Total Revenue	254.03	237.11	200.59	166.73	123.78	98.12
Revenue Growth (YoY	11.18%	18.21%	20.30%	34.70%	26.15%	68.49%
Property Expenses	35.6	41.65	30.83	46.14	17.87	58.42
Selling, General & Administrative	30.44	27.93	26.29	25.09	19.82	20.24
Other Operating Expenses	-0.35	-	-	-	-	-
Total Operating Expenses	65.68	69.57	57.12	71.24	37.69	78.66
Operating Income	188.35	167.54	143.47	95.5	86.09	19.46
Interest Expense	-32.77	-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	-63.35	-60.03	-46.25	-57.88	-17.23	1.66
EBT Excluding Unusual Items	104.25	81.34	78.67	22.63	54.26	8.14
Asset Writedown	72.78	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	177.06	123	148	143.98	158.76	2.28
Net Income	177.06	123	148	143.98	158.76	2.28
Net Income to Common	177.06	123	148	143.98	158.76	2.28
Net Income Growth	44.03%	-16.89%	2.79%	-9.31%	6872.42%	-97.14%
Basic Shares Outstanding	798	731	686	688	627	508
Diluted Shares Outstanding	799	732	687	689	630	509
Shares Change (YoY)	13.63%	6.53%	-0.41%	9.38%	23.93%	77.59%
EPS (Basic)	0.22	0.17	0.22	0.21	0.25	0.00
EPS (Diluted)	0.22	0.17	0.22	0.21	0.25	0.00
EPS Growth	26.78%	-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	339.14%	7.32%	7.29%	19.97%	3.74%	-
Operating Margin	74.14%	70.66%	71.52%	57.27%	69.55%	19.83%
Profit Margin	69.70%	51.88%	73.78%	86.35%	128.26%	2.32%
EBIT	188.35	167.54	143.47	95.5	86.09	19.46
EBIT Margin	74.14%	70.66%	71.52%	57.27%	69.55%	19.83%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.