Menivim - The New Reit Ltd (TLV:MNRT)

Menivim - The New Reit Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	261.78	237.11	200.59	166.73	123.78
Total Revenue	261.78	237.11	200.59	166.73	123.78
Revenue Growth (YoY	10.40%	18.21%	20.30%	34.70%	26.15%
Property Expenses	24.48	19.06	30.83	46.14	17.87
Selling, General & Administrative	31.02	27.93	26.29	25.09	19.82
Total Operating Expenses	55.5	46.99	57.12	71.24	37.69
Operating Income	206.28	190.12	143.47	95.5	86.09
Interest Expense	-41.62	-38.19	-26.96	-16.67	-14.9
Interest & Investment Income	7.67	12.01	8.41	1.68	0.29
Other Non-Operating Income	-42.75	-60.03	-46.25	-57.88	-17.23
EBT Excluding Unusual Items	129.58	103.92	78.67	22.63	54.26
Asset Writedown	92.61	41.63	70.14	123.56	105.08
Other Unusual Items	-9.94	-22.55	-0.81	-2.21	-0.58
Pretax Income	212.26	123	148	143.98	158.76
Net Income	212.26	123	148	143.98	158.76
Net Income to Common	212.26	123	148	143.98	158.76
Net Income Growth	72.56%	-16.89%	2.79%	-9.31%	6872.42%
Basic Shares Outstanding	762	731	686	688	627
Diluted Shares Outstanding	763	732	687	689	630
Shares Change (YoY)	4.35%	6.53%	-0.41%	9.38%	23.93%
EPS (Basic)	0.28	0.17	0.22	0.21	0.25
EPS (Diluted)	0.28	0.17	0.22	0.21	0.25
EPS Growth	65.50%	-21.96%	3.09%	-16.33%	5485.34%
Dividend Per Share	0.130	0.123	0.115	0.107	0.089
Dividend Growth	5.02%	7.32%	7.29%	19.97%	3.74%
Operating Margin	78.80%	80.18%	71.52%	57.27%	69.55%
Profit Margin	81.08%	51.88%	73.78%	86.35%	128.26%
EBIT	206.28	190.12	143.47	95.5	86.09
EBIT Margin	78.80%	80.18%	71.52%	57.27%	69.55%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.