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	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	407	397	371	353.6	315.3	260.6
Total Revenue	407	397	371	353.6	315.3	260.6
Revenue Growth (YoY	5.80%	7.01%	4.92%	12.15%	20.99%	9.68%
Property Expenses	69.79	67.79	64	59.11	50.85	47.89
Selling, General & Administrative	17.25	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	87.7	83	76.5	71.6	61	56.9
Operating Income	319.3	314	294.5	282	254.3	203.7
Interest Expense	-63.33	-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	-116.57	-83.87	-115.01	-100.73	-1.7	-42.76
EBT Excluding Unusual Items	143.8	172	123	138.7	95	125.7
Asset Writedown	90.2	128	90	41.3	171	230.8
Pretax Income	234	300	213	180	266	356.5
Net Income	234	300	213	180	266	356.5
Net Income to Common	234	300	213	180	266	356.5
Net Income Growth	-18.98%	40.84%	18.33%	-32.33%	-25.39%	121.43%
Basic Shares Outstanding	241	231	224	218	217	206
Diluted Shares Outstanding	258	248	224	219	219	208
Shares Change	13.78%	10.57%	2.17%	0.29%	4.83%	6.96%
EPS (Basic)	0.97	1.30	0.95	0.82	1.23	1.73
EPS (Diluted)	0.90	1.21	0.95	0.82	1.22	1.71
EPS Growth	-29.09%	27.37%	15.85%	-32.79%	-28.66%	106.02%

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	0.570	0.570	0.560	0.550	0.520	0.494
Dividend Growth	0.89%	1.79%	1.82%	5.77%	5.26%	3.35%
Operating Margin	78.45%	79.09%	79.38%	79.75%	80.65%	78.17%
Profit Margin	57.49%	75.57%	57.41%	50.91%	84.36%	136.80%
EBITDA	320.12	315.72	295.65	-	-	-
EBITDA Margin	78.66%	79.53%	79.69%	-	-	-
D&A For Ebitda	0.82	1.72	1.15	-	-	-
EBIT	319.3	314	294.5	282	254.3	203.7
EBIT Margin	78.45%	79.09%	79.38%	79.75%	80.65%	78.17%