Menivim - The New Reit Ltd (TLV:MNRT)

Menivim - The New Reit Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	237.11	200.59	166.73	123.78	112
Other Revenue	-	-	-	-	-13.88
Total Revenue	237.11	200.59	166.73	123.78	98.12
Revenue Growth (YoY	18.21%	20.30%	34.70%	26.15%	68.49%
Property Expenses	41.65	30.83	46.14	17.87	58.42
Selling, General & Administrative	27.93	26.29	25.09	19.82	20.24
Total Operating Expenses	69.57	57.12	71.24	37.69	78.66
Operating Income	167.54	143.47	95.5	86.09	19.46
Interest Expense	-38.19	-26.96	-16.67	-14.9	-13.18
Interest & Investment Income	12.01	8.41	1.68	0.29	0.2
Other Non-Operating Income	-60.03	-46.25	-57.88	-17.23	1.66
EBT Excluding Unusual Items	81.34	78.67	22.63	54.26	8.14
Asset Writedown	41.63	70.14	123.56	105.08	-5.86
Other Unusual Items	0.04	-0.81	-2.21	-0.58	-
Pretax Income	123	148	143.98	158.76	2.28
Net Income	123	148	143.98	158.76	2.28
Net Income to Common	123	148	143.98	158.76	2.28
Net Income Growth	-16.89%	2.79%	-9.31%	6872.42%	-97.14%
Basic Shares Outstanding	731	686	688	627	508
Diluted Shares Outstanding	732	687	689	630	509
Shares Change (YoY)	6.53%	-0.41%	9.38%	23.93%	77.59%
EPS (Basic)	0.17	0.22	0.21	0.25	0.00
EPS (Diluted)	0.17	0.22	0.21	0.25	0.00
EPS Growth	-21.96%	3.09%	-16.33%	5485.34%	-98.39%
Dividend Per Share	0.123	0.115	0.107	0.089	0.086
Dividend Growth	7.32%	7.29%	19.97%	3.74%	-
Operating Margin	70.66%	71.52%	57.27%	69.55%	19.83%
Profit Margin	51.88%	73.78%	86.35%	128.26%	2.32%
EBIT	167.54	143.47	95.5	86.09	19.46
EBIT Margin	70.66%	71.52%	57.27%	69.55%	19.83%

Updated Nov 21, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.