Reit 1 Ltd (TLV:RIT1)

Reit 1 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	509.87	439.98	380.03	386.91	328.7
Other Revenue	12.25	49.7	-1.15	63.29	51.64
Total Revenue	522.12	489.67	378.87	450.19	380.34
Revenue Growth (YoY	6.63%	29.24%	-15.84%	18.37%	21.70%
Property Expenses	21.96	22.81	22.66	21.37	21.6
Selling, General & Administrative	59.98	60.35	61.61	46.27	41.54
Total Operating Expenses	81.94	83.15	84.27	67.63	63.13
Operating Income	440.18	406.52	294.61	382.56	317.21
Interest Expense	-121.52	-94.36	-79.74	-54.23	-48.16
Interest & Investment Income	7.79	10.12	10.17	1.34	1.69
Other Non-Operating Income	-78.11	-116.26	-110.01	-165.21	-54.1
EBT Excluding Unusual Items	248.35	206.02	115.03	164.46	216.63
Gain (Loss) on Sale of Investments	0.46	-0.32	1.64	-8.6	26.43
Asset Writedown	251.17	99.8	233.2	408.77	266.16
Other Unusual Items	1.65	-6.48	3.92	4.38	5.59
Pretax Income	501.63	299.03	353.78	569.01	514.81
Earnings From Continuing Operations	501.63	299.03	353.78	569.01	514.81
Minority Interest in Earnings	-4.38	-6.44	-2.66	-4.34	-7.1
Net Income	497.25	292.59	351.12	564.68	507.71
Net Income to Common	497.25	292.59	351.12	564.68	507.71
Net Income Growth	69.95%	-16.67%	-37.82%	11.22%	234.76%
Basic Shares Outstanding	197	195	194	188	179
Diluted Shares Outstanding	199	195	194	189	180
Shares Change (YoY)	2.07%	0.20%	2.79%	5.12%	0.45%
EPS (Basic)	2.53	1.50	1.81	3.00	2.84
EPS (Diluted)	2.50	1.50	1.81	2.99	2.83
EPS Growth	66.50%	-16.82%	-39.51%	5.80%	233.14%
Dividend Per Share	0.860	0.840	0.820	0.800	0.740
Dividend Growth	2.38%	2.44%	2.50%	8.11%	2.78%
Operating Margin	84.31%	83.02%	77.76%	84.98%	83.40%
Profit Margin	95.24%	59.75%	92.67%	125.43%	133.49%
EBIT	440.18	406.52	294.61	382.56	317.21
EBIT Margin	84.31%	83.02%	77.76%	84.98%	83.40%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.