Menivim - The New Reit Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	279.94	261.78	237.11	200.59	166.73	123.78
Total Revenue	279.94	261.78	237.11	200.59	166.73	123.78
Revenue Growth (YoY	13.15%	10.40%	18.21%	20.30%	34.70%	26.15%
Property Expenses	29.05	24.48	19.06	30.83	46.14	17.87
Selling, General & Administrative	30.81	31.02	27.93	26.29	25.09	19.82
Total Operating Expenses	59.86	55.5	46.99	57.12	71.24	37.69
Operating Income	220.09	206.28	190.12	143.47	95.5	86.09
Interest Expense	-47.84	-41.62	-38.19	-26.96	-16.67	-14.9
Interest & Investment Income	17.19	7.67	12.01	8.41	1.68	0.29
Other Non-Operating Income	-42.75	-42.75	-60.03	-46.25	-57.88	-17.23
EBT Excluding Unusual Items	146.69	129.58	103.92	78.67	22.63	54.26
Asset Writedown	85.29	92.61	41.63	70.14	123.56	105.08
Other Unusual Items	-25.24	-9.94	-22.55	-0.81	-2.21	-0.58
Pretax Income	206.74	212.26	123	148	143.98	158.76
Net Income	206.05	212.26	123	148	143.98	158.76
Net Income to Common	206.05	212.26	123	148	143.98	158.76
Net Income Growth	26.91%	72.56%	-16.89%	2.79%	-9.31%	6872.42%
Basic Shares Outstanding	834	762	731	686	688	627
Diluted Shares Outstanding	836	763	732	687	689	630
Shares Change	15.22%	4.35%	6.53%	-0.41%	9.38%	23.93%
EPS (Basic)	0.25	0.28	0.17	0.22	0.21	0.25
EPS (Diluted)	0.25	0.28	0.17	0.22	0.21	0.25
EPS Growth	10.21%	65.50%	-21.96%	3.09%	-16.33%	5485.34%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.131	0.130	0.123	0.115	0.107	0.089
Dividend Growth	2.43%	5.02%	7.32%	7.29%	19.97%	3.74%
Operating Margin	78.62%	78.80%	80.18%	71.52%	57.27%	69.55%
Profit Margin	73.60%	81.08%	51.88%	73.78%	86.35%	128.26%
EBIT	220.09	206.28	190.12	143.47	95.5	86.09
EBIT Margin	78.62%	78.80%	80.18%	71.52%	57.27%	69.55%