Financial insights of ZARE

MyFinsight

Income Statement	2026-06-30	2026-03-31
Total revenues	151,159	145,135
Rental expenses	45,074	45,110
Real estate-related depreciation and amortization	59,498	58,372
General and administrative expenses	3,469	3,154
Advisory fees	16,894	15,684
Performance participation allocation	9,790	10,646
Acquisition costs and reimbursements	1,526	1,865
Impairment of real estate property	3,851	-
Total operating expenses	140,102	134,831
Income from unconsolidated joint venture partnerships	51,077	22,609
Interest expense	71,316	71,085
Gain on sale of real estate property	0	0
Gain (loss) on financial assets	396	161
Loss on financing obligations	-9,738	-20,471
(loss) gain on extinguishment of debt and financing obligations, net	-120	18,400
(loss) gain on derivative instruments	-110	167
Provision for current expected credit losses	0	0
Other income and expenses	3,486	3,283
Total other income (expenses)	-26,325	-46,936
Net loss before income tax expense	-15,268	-36,632
Income tax expense	10,841	3,966
Net loss	-26,109	-40,598
Net loss attributable to redeemable noncontrolling interests	-106	-159
Net loss attributable to noncontrolling interests	-12,350	-19,129
Net loss attributable to common stockholders	-13,653	-21,310

Basic EPS	-0.06	-0.1
Diluted EPS	-0.06	-0.1
Basic Average Shares	227,061,000	211,070,000
Diluted Average Shares	437,263,000	399,853,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.