TALEEM REIT

Taleem REIT Fund

4333REITsTadawulReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	67.56M	66.40M	62.45M	50.63M	48.79M
Interest Expense	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Pretax Income	32.52M	36.32M	35.89M	41.59M	37.25M
Income Tax	—	0.02M	2.73M	2.13M	1.75M
Net Income	32.52M	36.30M	33.16M	39.46M	35.50M
Rental Revenue	62.61M	61.58M	60.10M	48.29M	46.29M
Property Expenses	3.83M	3.83M	3.83M	3.83M	3.83M
Operating Income	57.34M	55.98M	52.49M	42.74M	41.59M
EPS (Basic)	0.64	0.71	0.65	0.77	0.70
EPS (Diluted)	0.64	0.71	0.65	0.77	0.70
DPS	0.64	0.64	0.70	0.48	0.64
Margins & Efficiency
Net Margin %	+48.1%	+54.7%	+53.1%	+77.9%	+72.8%
Revenue & Income
Revenue as Reported	67.56M	66.40M	62.45M	50.63M	48.79M
Revenue Growth (YoY)	+1.8%	+6.3%	+23.3%	+3.8%	+6.7%
Revenue RE	67.56M	66.40M	62.45M	50.63M	48.79M
Rental Revenue	62.61M	61.58M	60.10M	48.29M	46.29M
Other Revenue RE	132.03K	—	—	—	7.39K
Gain Investments Rev Real Estate	—	—	—	—	72.42K
Expenses & Provisions
SG&A RE	216.19K	276.53K	271.28K	231.98K	188.18K
Total Operating Expenses RE	10.22M	10.42M	9.96M	7.89M	7.19M
Interest Expense RE	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Other Non Oper Exp Suppl RE	-1.44M	-0.72M	-1.49M	-1.15M	-0.96M
Property Expenses	3.83M	3.83M	3.83M	3.83M	3.83M
Asset Writedown	0.05M	3.73M	-3.78M	2.19M	-2.19M
D&A For EBITDA	6.18M	6.32M	5.86M	3.84M	3.18M
Dep Amor RE	6.18M	6.32M	5.86M	3.84M	3.18M
Profitability & Returns
EBIT	57.34M	55.98M	52.49M	42.74M	41.59M
EBIT Margin	+84.9%	+84.3%	+84.1%	+84.4%	+85.3%
EBITDA	63.52M	62.30M	58.35M	46.58M	44.77M
EBITDA Margin	+94.0%	+93.8%	+93.4%	+92.0%	+91.8%
EBT Excl RE	32.59M	32.66M	39.67M	39.40M	39.44M
Pretax Income	32.52M	36.32M	35.89M	41.59M	37.25M
Operating Income RE	57.34M	55.98M	52.49M	42.74M	41.59M
Operating Margin	+84.9%	+84.3%	+84.1%	+84.4%	+85.3%
Profit Margin	+48.1%	+54.7%	+53.1%	+77.9%	+72.8%
Net Income	32.52M	36.30M	33.16M	39.46M	35.50M
Net Income to Common	32.52M	36.30M	33.16M	39.46M	35.50M
Net Income Growth	-10.4%	+9.5%	-16.0%	+11.1%	-3.7%
Income Tax Expense	—	0.02M	2.73M	2.13M	1.75M
Effective Tax Rate	—	+0.1%	+7.6%	+5.1%	+4.7%
Net Interest Expense RE	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Per Share & Capital
EPS (Basic)	0.64	0.71	0.65	0.77	0.70
EPS (Diluted)	0.64	0.71	0.65	0.77	0.70
EPS Growth	-10.4%	+9.5%	-16.0%	+11.1%	-3.7%
Dividend Per Share	0.64	0.64	0.70	0.48	0.64
Shares Outstanding (Basic)	51.00M	51.00M	51.00M	51.00M	51.00M
Shares Outstanding (Diluted)	51.00M	51.00M	51.00M	51.00M	51.00M
Dividend Growth	—	-8.6%	+45.8%	-25.0%	—
Payout Ratio	+100.4%	+89.9%	+101.5%	+67.2%	+91.9%
Supplemental
Other Unusual RE	-127.61K	-73.27K	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021	2020Dec 31, 2020
Operating Summary
Revenue	67.56M	66.40M	62.45M	50.63M	48.79M
Interest Expense	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Pretax Income	32.52M	36.32M	35.89M	41.59M	37.25M
Income Tax	—	0.02M	2.73M	2.13M	1.75M
Net Income	32.52M	36.30M	33.16M	39.46M	35.50M
Rental Revenue	62.61M	61.58M	60.10M	48.29M	46.29M
Property Expenses	3.83M	3.83M	3.83M	3.83M	3.83M
Operating Income	57.34M	55.98M	52.49M	42.74M	41.59M
EPS (Basic)	0.64	0.71	0.65	0.77	0.70
EPS (Diluted)	0.64	0.71	0.65	0.77	0.70
DPS	0.64	0.64	0.70	0.48	0.64
Margins & Efficiency
Net Margin %	+48.1%	+54.7%	+53.1%	+77.9%	+72.8%
Revenue & Income
Revenue as Reported	67.56M	66.40M	62.45M	50.63M	48.79M
Revenue Growth (YoY)	+1.8%	+6.3%	+23.3%	+3.8%	+6.7%
Revenue RE	67.56M	66.40M	62.45M	50.63M	48.79M
Rental Revenue	62.61M	61.58M	60.10M	48.29M	46.29M
Other Revenue RE	132.03K	—	—	—	7.39K
Gain Investments Rev Real Estate	—	—	—	—	72.42K
Expenses & Provisions
SG&A RE	216.19K	276.53K	271.28K	231.98K	188.18K
Total Operating Expenses RE	10.22M	10.42M	9.96M	7.89M	7.19M
Interest Expense RE	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Other Non Oper Exp Suppl RE	-1.44M	-0.72M	-1.49M	-1.15M	-0.96M
Property Expenses	3.83M	3.83M	3.83M	3.83M	3.83M
Asset Writedown	0.05M	3.73M	-3.78M	2.19M	-2.19M
D&A For EBITDA	6.18M	6.32M	5.86M	3.84M	3.18M
Dep Amor RE	6.18M	6.32M	5.86M	3.84M	3.18M
Profitability & Returns
EBIT	57.34M	55.98M	52.49M	42.74M	41.59M
EBIT Margin	+84.9%	+84.3%	+84.1%	+84.4%	+85.3%
EBITDA	63.52M	62.30M	58.35M	46.58M	44.77M
EBITDA Margin	+94.0%	+93.8%	+93.4%	+92.0%	+91.8%
EBT Excl RE	32.59M	32.66M	39.67M	39.40M	39.44M
Pretax Income	32.52M	36.32M	35.89M	41.59M	37.25M
Operating Income RE	57.34M	55.98M	52.49M	42.74M	41.59M
Operating Margin	+84.9%	+84.3%	+84.1%	+84.4%	+85.3%
Profit Margin	+48.1%	+54.7%	+53.1%	+77.9%	+72.8%
Net Income	32.52M	36.30M	33.16M	39.46M	35.50M
Net Income to Common	32.52M	36.30M	33.16M	39.46M	35.50M
Net Income Growth	-10.4%	+9.5%	-16.0%	+11.1%	-3.7%
Income Tax Expense	—	0.02M	2.73M	2.13M	1.75M
Effective Tax Rate	—	+0.1%	+7.6%	+5.1%	+4.7%
Net Interest Expense RE	-23.31M	-22.59M	-11.34M	-2.19M	-1.20M
Per Share & Capital
EPS (Basic)	0.64	0.71	0.65	0.77	0.70
EPS (Diluted)	0.64	0.71	0.65	0.77	0.70
EPS Growth	-10.4%	+9.5%	-16.0%	+11.1%	-3.7%
Dividend Per Share	0.64	0.64	0.70	0.48	0.64
Shares Outstanding (Basic)	51.00M	51.00M	51.00M	51.00M	51.00M
Shares Outstanding (Diluted)	51.00M	51.00M	51.00M	51.00M	51.00M
Dividend Growth	—	-8.6%	+45.8%	-25.0%	—
Payout Ratio	+100.4%	+89.9%	+101.5%	+67.2%	+91.9%
Supplemental
Other Unusual RE	-127.61K	-73.27K	—	—	—