ATH:NOVAL Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	37.79	33.42	29.34	24.88	15.94
Other Revenue	1.33	8.56	8.84	-0.24	2.23
Total Revenue	39.12	41.98	38.18	24.64	18.16
Revenue Growth (YoY	-6.80%	9.95%	54.94%	35.65%	30.90%
Property Expenses	5.29	5.87	5.92	7.32	5.87
Selling, General & Administrative	0.37	0.41	0.41	0.55	0.15
Depreciation & Amortization	0.43	0.39	0.24	0.2	0.2
Other Operating Expenses	5.68	6.35	5.16	4.15	0.36
Total Operating Expenses	12.08	13.23	11.82	12.2	6.61
Operating Income	27.05	28.74	26.36	12.44	11.56
Interest Expense	-5.67	-7.31	-7.91	-7.54	-4
Interest & Investment Income	1.86	2.97	2.01	0.06	0
Currency Exchange Gain (Loss)	-	-	-0.03	-0.04	-0.01
Other Non-Operating Income	0.15	1.93	-0.61	2.18	0.57
EBT Excluding Unusual Items	23.4	26.33	19.82	7.1	8.12
Gain (Loss) on Sale of Investments	-0.09	-	-	-	-
Gain (Loss) on Sale of Assets	-0	0.01	-0	-	0.1
Asset Writedown	20.19	24.5	47.64	18.21	27.41
Pretax Income	43.49	50.84	67.46	25.31	35.63
Income Tax Expense	2.5	3.57	2.85	0.83	0.43
Net Income	40.99	47.26	64.61	24.48	35.2
Net Income to Common	40.99	47.26	64.61	24.48	35.2
Net Income Growth	-13.27%	-26.84%	163.93%	-30.46%	-
Basic Shares Outstanding	126	118	107	103	99
Diluted Shares Outstanding	126	118	107	138	99
Shares Change (YoY)	6.62%	10.13%	-22.00%	39.26%	-
EPS (Basic)	0.32	0.40	0.60	0.24	0.36
EPS (Diluted)	0.32	0.40	0.60	0.18	0.36
EPS Growth	-18.66%	-33.57%	233.99%	-49.42%	-
Dividend Per Share	0.070	0.043	0.025	0.020	0.025
Dividend Growth	62.79%	72.15%	22.45%	-20.00%	32.12%
Operating Margin	69.13%	68.47%	69.03%	50.50%	63.64%
Profit Margin	104.78%	112.59%	169.22%	99.34%	193.81%
EBITDA	27.28	28.92	26.44	12.52	11.65
EBITDA Margin	69.74%	68.90%	69.25%	50.82%	64.11%
D&A For Ebitda	0.24	0.18	0.08	0.08	0.09
EBIT	27.05	28.74	26.36	12.44	11.56
EBIT Margin	69.13%	68.47%	69.03%	50.50%	63.64%
Funds From Operations (FFO)	18.34	10.88	-	-	-
Adjusted Funds From Operations (AFFO)	18.34	10.88	-	-	-
FFO Payout Ratio	29.65%	29.02%	-	-	-
Effective Tax Rate	5.75%	7.03%	4.23%	3.28%	1.20%

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