Testa Residencial SOCIMI 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	110.3	109.7	105.02	101.73	85.4
Other Revenue	0.46	-	-	-	-
Total Revenue	110.76	109.7	105.02	101.73	85.4
Revenue Growth (YoY	0.96%	4.46%	3.23%	19.13%	-0.99%
Property Expenses	-	6.82	9.29	9.46	-
Selling, General & Administrative	-	1.6	1.66	3.73	-
Other Operating Expenses	39.5	31.81	37.63	31.55	44.12
Total Operating Expenses	42.35	42.53	50.11	45.78	45.22
Operating Income	68.41	67.18	54.92	55.96	40.18
Interest Expense	-103.91	-116.47	-107.48	-61.37	-60.61
Currency Exchange Gain (Loss)	19.9	-0.03	-0.01	-0	-
Other Non-Operating Income	-	-	-	-	-0.04
EBT Excluding Unusual Items	-15.61	-49.33	-52.57	-5.41	-20.47
Gain (Loss) on Sale of Assets	-	0.07	-4.45	11.89	-0.33
Asset Writedown	95.51	65.88	-40.92	78.63	62.86
Pretax Income	79.9	16.62	-97.93	85.11	42.06
Income Tax Expense	0.79	0.94	1.32	0.47	0.18
Earnings From Continuing Operations	79.12	15.68	-99.25	84.64	41.88
Minority Interest in Earnings	-0.74	-1.01	-1.04	-0.81	-0.48
Net Income	78.38	14.67	-100.29	83.83	41.39
Net Income to Common	78.38	14.67	-100.29	83.83	41.39
Net Income Growth	434.41%	-	-	102.52%	-
Basic Shares Outstanding	132	132	132	132	132
Diluted Shares Outstanding	132	132	132	132	132
Shares Change (YoY)	-0.01%	-0.03%	-0.02%	-0.01%	-
EPS (Basic)	0.60	0.11	-0.76	0.64	0.31
EPS (Diluted)	0.60	0.11	-0.76	0.64	0.31
EPS Growth	441.22%	-	-	105.30%	-
Dividend Per Share	-	-	-	0.081	-
Operating Margin	61.77%	61.23%	52.29%	55.00%	47.05%
Profit Margin	70.76%	13.37%	-95.49%	82.40%	48.47%
EBITDA	71.26	67.71	55.16	56.03	40.68
EBITDA Margin	64.33%	61.72%	52.52%	55.07%	47.63%
D&A For Ebitda	2.85	0.54	0.24	0.07	0.49
EBIT	68.41	67.18	54.92	55.96	40.18
EBIT Margin	61.77%	61.23%	52.29%	55.00%	47.05%
Effective Tax Rate	0.98%	5.67%	-	0.56%	0.43%

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