SEG Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	19.01	25.36	22.1	19.81	7.98
Other Revenue	99.11	53.2	49.95	62.11	72.65
Total Revenue	118.11	78.57	72.05	81.92	80.63
Revenue Growth (YoY	6.32%	9.05%	-12.06%	1.60%	-
Property Expenses	143.98	119.19	120.12	120.85	98.77
Selling, General & Administrative	45.79	39.47	26.04	16.98	17.21
Depreciation & Amortization	35.29	34.79	48.43	47.36	41.61
Other Operating Expenses	2.61	-4.73	0.05	-0.88	0.78
Total Operating Expenses	230.03	191.08	195.09	185.72	158.54
Operating Income	-111.92	-112.51	-123.05	-103.8	-77.91
Interest Expense	2.14	-6.75	-3.17	-4.01	-6.53
EBT Excluding Unusual Items	-108.11	-119.26	-126.21	-107.81	-84.44
Gain (Loss) on Sale of Investments	-10	-10	-37	-	-
Asset Writedown	-	-	-672.49	-	-
Total Legal Settlements	2	2	-	-	-
Other Unusual Items	-	-25.36	-4.55	-	-
Pretax Income	-120.1	-152.63	-840.25	-107.81	-84.44
Income Tax Expense	-	-	-2.19	3.47	-3.58
Net Income	-120.1	-152.63	-838.07	-111.28	-80.87
Net Income to Common	-120.92	-152.63	-838.07	-111.28	-80.87
Basic Shares Outstanding	14	9	6	6	-
Diluted Shares Outstanding	14	9	6	6	-
Shares Change (YoY)	162.49%	64.94%	-	-	-
EPS (Basic)	-8.34	-16.76	-151.77	-20.15	-
EPS (Diluted)	-8.38	-16.82	-151.77	-20.15	-
Operating Margin	-94.76%	-143.21%	-170.79%	-126.70%	-96.62%
Profit Margin	-102.37%	-194.27%	-1163.25%	-135.83%	-100.29%
EBITDA	-76.63	-77.73	-74.62	-56.44	-36.3
EBITDA Margin	-64.88%	-98.93%	-103.57%	-68.89%	-45.01%
D&A For Ebitda	35.29	34.79	48.43	47.36	41.61
EBIT	-111.92	-112.51	-123.05	-103.8	-77.91
EBIT Margin	-94.76%	-143.21%	-170.79%	-126.70%	-96.62%
Revenue as Reported	124.45	111.14	115.68	119.05	82.62

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

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