Sella Capital Real Estate Ltd. (TLV: SLARL)

Sella Capital Real Estate Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	366.2	353.6	315.3	260.6	237.6	237
Total Revenue	366.2	353.6	315.3	260.6	237.6	237
Revenue Growth (YoY	4.57%	12.15%	20.99%	9.68%	0.25%	12.11%
Property Expenses	63.41	59.11	50.85	47.89	43.36	41.02
Selling, General & Administrative	12.13	12.13	9.97	8.72	9.38	8.13
Other Operating Expenses	0.36	0.36	0.18	0.29	0.26	0.26
Total Operating Expenses	75.9	71.6	61	56.9	53	49.4
Operating Income	290.3	282	254.3	203.7	184.6	187.6
Interest Expense	-76.85	-48.05	-37.86	-35.24	-36.23	-43.24
Interest & Investment Income	5.48	5.48	-	-	-	-
Other Non-Operating Income	-100.73	-100.73	-121.44	-42.76	8.25	-0.91
EBT Excluding Unusual Items	118.2	138.7	95	125.7	156.63	143.45
Asset Writedown	83.8	41.3	171	230.8	6.7	155.4
Other Unusual Items	-	-	-	-	-2.33	-5.85
Pretax Income	202	180	266	356.5	161	293
Net Income	202	180	266	356.5	161	293
Net Income to Common	202	180	266	356.5	161	293
Net Income Growth	-1.46%	-32.33%	-25.39%	121.43%	-45.05%	199.90%
Basic Shares Outstanding	221	218	217	206	192	192
Diluted Shares Outstanding	222	219	219	208	195	195
Shares Change (YoY)	1.96%	0.29%	4.83%	6.96%	0.04%	5.32%
EPS (Basic)	0.91	0.82	1.23	1.73	0.84	1.53
EPS (Diluted)	0.91	0.82	1.22	1.71	0.83	1.50
EPS Growth	-3.30%	-32.79%	-28.65%	106.02%	-44.67%	184.01%
Dividend Per Share	0.557	0.550	0.520	0.494	0.478	0.428
Dividend Growth	2.76%	5.77%	5.26%	3.35%	11.68%	8.91%
Operating Margin	79.27%	79.75%	80.65%	78.17%	77.69%	79.16%
Profit Margin	55.16%	50.90%	84.36%	136.80%	67.76%	123.63%
Free Cash Flow Margin	66.81%	67.50%	72.01%	69.01%	61.28%	61.89%
EBIT	290.3	282	254.3	203.7	184.6	187.6
EBIT Margin	79.27%	79.75%	80.65%	78.17%	77.69%	79.16%

Source: S&P Capital IQ. Real Estate template. Financial Sources.