Sella Capital Real Estate 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	Mar '26 Mar 31, 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	400	397	371	353.6	315.3	260.6
Total Revenue	400	397	371	353.6	315.3	260.6
Revenue Growth (YoY	5.46%	7.01%	4.92%	12.15%	20.99%	9.68%
Property Expenses	68.79	67.79	64	59.11	50.85	47.89
Selling, General & Administrative	16.25	14.55	12.03	12.13	9.97	8.72
Other Operating Expenses	0.66	0.66	0.47	0.36	0.18	0.29
Total Operating Expenses	85.7	83	76.5	71.6	61	56.9
Operating Income	314.3	314	294.5	282	254.3	203.7
Interest Expense	-51.03	-62.53	-59.69	-48.05	-157.6	-35.24
Interest & Investment Income	4.4	4.4	3.2	5.48	-	-
Other Non-Operating Income	-83.87	-83.87	-115.01	-100.73	-1.7	-42.76
EBT Excluding Unusual Items	183.8	172	123	138.7	95	125.7
Asset Writedown	65.2	128	90	41.3	171	230.8
Pretax Income	249	300	213	180	266	356.5
Net Income	249	300	213	180	266	356.5
Net Income to Common	249	300	213	180	266	356.5
Net Income Growth	6.18%	40.84%	18.33%	-32.33%	-25.39%	121.43%
Basic Shares Outstanding	235	231	224	218	217	206
Diluted Shares Outstanding	256	248	224	219	219	208
Shares Change (YoY)	13.74%	10.57%	2.17%	0.29%	4.83%	6.96%
EPS (Basic)	1.06	1.30	0.95	0.82	1.23	1.73
EPS (Diluted)	0.96	1.21	0.95	0.82	1.22	1.71
EPS Growth	-6.95%	27.37%	15.85%	-32.79%	-28.66%	106.02%
Dividend Per Share	0.570	0.570	0.560	0.550	0.520	0.494
Dividend Growth	1.33%	1.79%	1.82%	5.77%	5.26%	3.35%
Operating Margin	78.57%	79.09%	79.38%	79.75%	80.65%	78.17%
Profit Margin	62.25%	75.57%	57.41%	50.91%	84.36%	136.80%
EBITDA	315.66	315.72	295.65	-	-	-
EBITDA Margin	78.92%	79.53%	79.69%	-	-	-
D&A For Ebitda	1.36	1.72	1.15	-	-	-
EBIT	314.3	314	294.5	282	254.3	203.7
EBIT Margin	78.57%	79.09%	79.38%	79.75%	80.65%	78.17%