Slate Grocery REIT Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Property Revenue	213.37	209.14	203.28	177.49	138.28
Revenue	213.37	209.14	203.28	177.49	138.28
Revenue Growth (YoY)	2.02%	2.88%	14.53%	28.36%	9.63%
Property Expenses	65.8	64.63	63.79	50.07	37.42
Total Property Expenses	65.8	64.63	63.79	50.07	37.42
Gross Profit	147.57	144.51	139.49	127.41	100.86
Selling, General & Admin	16.63	16.18	15.58	14.95	10.42
Other Operating Expenses	-	-	-	1.73	0.23
Operating Income	130.94	128.33	123.91	110.73	90.21
Interest Income	10.71	8.74	3.71	29.27	20.49
Interest Expense	-64.9	-57.11	-52.41	-47.01	-41.59
Other Non-Operating Income (Expense)	-14.14	-19.7	-53.67	80.72	58.11
Total Non-Operating Income (Expense)	-68.33	-68.08	-102.38	62.98	37
Pretax Income	62.61	60.26	21.53	173.71	127.21
Provision for Income Taxes	6.61	8.28	1.29	-33.32	35.82
Net Income	40.83	38.28	15.02	128	86.91
Minority Interest in Earnings	12.62	12.31	6.64	10.87	0.52
Net Income to Common	40.83	38.28	15.02	128	86.91
Net Income Growth	6.66%	154.79%	-88.26%	47.29%	108.88%
Shares Outstanding (Basic)	60	60	61	61	52
Shares Outstanding (Diluted)	60	60	61	61	52
Shares Change (YoY)	0.12%	-0.72%	-0.53%	18.00%	21.56%
EPS (Basic)	0.68	0.63	0.25	2.09	1.68
EPS (Diluted)	0.68	0.63	0.25	2.09	1.68
EPS Growth	6.53%	156.64%	-88.20%	24.82%	71.83%
Shares Outstanding	59.26	59.13	59.13	60.37	58.77
Free Cash Flow	43.63	46.03	51.7	38.04	18.67
Free Cash Flow Growth	-5.22%	-10.97%	35.92%	103.75%	-26.21%
Free Cash Flow Per Share	0.72	0.76	0.85	0.62	0.36
Dividends Per Share	0.864	0.864	0.864	0.864	0.864
Gross Margin	69.16%	69.10%	68.62%	71.79%	72.94%
Operating Margin	61.37%	61.36%	60.95%	62.39%	65.24%
Profit Margin	25.05%	24.19%	10.66%	78.24%	63.23%
FCF Margin	20.45%	22.01%	25.43%	21.43%	13.50%
EBITDA	130.94	128.33	123.91	110.73	90.21
EBIT	130.94	128.33	123.91	110.73	90.21
EBIT Margin	61.37%	61.36%	60.95%	62.39%	65.24%
Effective Tax Rate	10.55%	13.73%	6.01%	-19.18%	28.16%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.