Noval Property Real Estate Investment Company (ATH:NOVAL)

ATH:NOVAL Income Statement

Financials in millions EUR. 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	33.42	29.34	24.88	15.94	13.88
Other Revenue	8.56	8.84	-0.24	2.23	-
Total Revenue	41.98	38.18	24.64	18.16	13.88
Revenue Growth (YoY	9.95%	54.94%	35.65%	30.90%	-4.89%
Property Expenses	5.87	5.92	7.32	5.87	4.72
Selling, General & Administrative	0.41	0.41	0.55	0.15	0.16
Depreciation & Amortization	0.39	0.24	0.2	0.2	0.13
Other Operating Expenses	6.34	5.16	4.15	0.36	1.51
Total Operating Expenses	13.23	11.82	12.2	6.61	6.58
Operating Income	28.74	26.36	12.44	11.56	7.3
Interest Expense	-7.31	-7.91	-7.54	-4	-3.06
Interest & Investment Income	2.97	2.01	0.06	0	0
Currency Exchange Gain (Loss)	-0	-0.03	-0.04	-0.01	-0
Other Non-Operating Income	1.93	-0.61	2.18	0.57	-0.89
EBT Excluding Unusual Items	26.33	19.82	7.1	8.12	3.35
Gain (Loss) on Sale of Investments	-	-	-	-	-0.25
Gain (Loss) on Sale of Assets	0.01	-0	-	0.1	-
Asset Writedown	24.5	47.64	18.21	27.41	-4.32
Pretax Income	50.84	67.46	25.31	35.63	-1.22
Income Tax Expense	3.57	2.85	0.83	0.43	0.32
Net Income	47.26	64.61	24.48	35.2	-1.54
Net Income to Common	47.26	64.61	24.48	35.2	-1.54
Net Income Growth	-26.84%	163.93%	-30.46%	-	-
Basic Shares Outstanding	118	107	103	99	99
Diluted Shares Outstanding	118	107	138	99	99
Shares Change (YoY)	10.13%	-22.00%	39.26%	-	-
EPS (Basic)	0.40	0.60	0.24	0.36	-0.02
EPS (Diluted)	0.40	0.60	0.18	0.36	-0.02
EPS Growth	-33.57%	233.99%	-49.42%	-	-
Dividend Per Share	0.043	0.025	0.020	0.025	0.019
Dividend Growth	72.15%	22.45%	-20.00%	32.12%	-
Operating Margin	68.47%	69.03%	50.50%	63.64%	52.62%
Profit Margin	112.59%	169.22%	99.34%	193.81%	-11.11%
EBITDA	28.92	26.44	12.52	11.65	7.37
EBITDA Margin	68.90%	69.25%	50.82%	64.11%	53.11%
D&A For Ebitda	0.18	0.08	0.08	0.09	0.07
EBIT	28.74	26.36	12.44	11.56	7.3
EBIT Margin	68.47%	69.03%	50.50%	63.64%	52.62%
Effective Tax Rate	7.03%	4.23%	3.28%	1.20%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.