Prodea Real Estate Investment Company Société Anonyme (ATH:PRODEA)

ATH:PRODEA 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	149.07	165.15	186.92	134.2	133.9
Other Revenue	62.22	-0.13	0.93	20.22	3.9
Total Revenue	211.3	165.02	187.85	154.42	137.8
Revenue Growth (YoY	28.04%	-12.16%	21.65%	12.06%	1.53%
Property Expenses	62.35	33.02	69.22	25.01	17.91
Selling, General & Administrative	1.5	1.21	1.65	1.01	1.17
Depreciation & Amortization	7.93	0.51	0.55	0.56	0.46
Other Operating Expenses	59.8	15.35	14.13	15.15	21.21
Total Operating Expenses	131.57	50.08	87.09	41.79	40.75
Operating Income	79.73	114.94	100.76	112.63	97.05
Interest Expense	-68.73	-66.36	-37.56	-29.26	-26.48
Interest & Investment Income	3.33	1.88	-	0.88	2.42
Currency Exchange Gain (Loss)	-0	-	0.02	-0.12	-0.12
Other Non-Operating Income	-6.38	-15.2	-1.23	-9.28	-4.84
EBT Excluding Unusual Items	7.95	35.26	61.99	74.86	68.03
Merger & Restructuring Charges	-0.2	-0.42	-	-	-
Gain (Loss) on Sale of Assets	22.09	9.6	1.37	0.2	4.75
Asset Writedown	85.08	39.56	59.67	94.08	-7.57
Other Unusual Items	2.71	-	1.61	9.17	-
Pretax Income	117.63	83.99	124.63	178.3	65.21
Income Tax Expense	10.72	10.16	0.86	3.22	2.26
Earnings From Continuing Operations	106.92	73.83	123.77	175.08	62.95
Earnings From Discontinued Operations	-	-	-	6.61	-9.21
Net Income to Company	106.92	73.83	123.77	181.69	53.73
Minority Interest in Earnings	17.63	13.25	4.88	-3.8	3.85
Net Income	124.54	87.08	128.65	177.89	57.58
Net Income to Common	124.54	87.08	128.65	177.89	57.58
Net Income Growth	43.02%	-32.31%	-27.68%	208.95%	-80.41%
Basic Shares Outstanding	255	255	255	255	255
Diluted Shares Outstanding	255	255	255	255	255
EPS (Basic)	0.49	0.34	0.50	0.70	0.23
EPS (Diluted)	0.49	0.34	0.50	0.70	0.23
EPS Growth	43.02%	-32.31%	-27.68%	208.95%	-80.41%
Dividend Per Share	-	0.247	0.255	0.279	0.352
Dividend Growth	-	-3.14%	-8.60%	-20.74%	-42.58%
Operating Margin	37.73%	69.65%	53.64%	72.94%	70.43%
Profit Margin	58.94%	52.77%	68.48%	115.20%	41.78%
EBITDA	87.24	115.34	101.22	113.06	97.51
EBITDA Margin	41.29%	69.89%	53.88%	73.22%	70.76%
D&A For Ebitda	7.51	0.4	0.46	0.43	0.46
EBIT	79.73	114.94	100.76	112.63	97.05
EBIT Margin	37.73%	69.65%	53.64%	72.94%	70.43%
Funds From Operations (FFO)	25.38	39.63	56.83	61.04	69.57
Adjusted Funds From Operations (AFFO)	25.38	39.63	56.83	61.04	69.57
FFO Payout Ratio	614.05%	167.24%	126.95%	135.55%	160.63%
Effective Tax Rate	9.11%	12.10%	0.69%	1.81%	3.47%
Revenue as Reported	227.58	168.86	186.92	134.2	133.9

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.