BMV:VESTA Income Statement

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

Millions USD. 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	283.19	251.95	213.45	178.03	160.7
Property Management Fees	0.03	0.38	1.02	-	0.09
Other Revenue	0.01	-	-	-	-
Total Revenue	283.24	252.33	214.47	178.03	160.79
Revenue Growth (YoY	12.25%	17.65%	20.47%	10.72%	7.29%
Property Expenses	28.28	24.59	18.24	11.42	10.73
Selling, General & Administrative	35.49	34.18	31.72	24.41	21.4
Other Operating Expenses	3.52	5.15	3.04	0.37	-
Total Operating Expenses	67.29	63.92	53	36.21	32.13
Operating Income	215.94	188.4	161.47	141.81	128.66
Interest Expense	-53.1	-41.94	-44.34	-44.85	-45.48
Interest & Investment Income	5.27	15.19	9.41	2.64	0.08
Currency Exchange Gain (Loss)	10.1	-10.84	8.91	1.94	-1.11
Other Non-Operating Income	2.72	1.85	0.72	-0.21	-4.75
EBT Excluding Unusual Items	180.94	152.66	136.18	101.33	77.39
Gain (Loss) on Sale of Assets	-0.01	2.62	-0.46	5.03	13.99
Total Insurance Settlements	0.97	0.14	2.45	-	-
Asset Writedown	52.08	270.75	243.46	185.49	164.65
Pretax Income	233.97	426.16	381.62	291.85	256.03
Income Tax Expense	-7.93	202.82	64.98	48.22	82.09
Net Income	241.9	223.35	316.64	243.62	173.94
Net Income to Common	241.9	223.35	316.64	243.62	173.94
Net Income Growth	8.31%	-29.46%	29.97%	40.06%	159.79%
Basic Shares Outstanding	849	871	757	683	648
Diluted Shares Outstanding	861	883	769	694	693
Shares Change (YoY)	-2.51%	14.89%	10.74%	0.19%	20.80%
EPS (Basic)	0.28	0.26	0.42	0.36	0.27
EPS (Diluted)	0.28	0.25	0.41	0.35	0.26
EPS Growth	11.07%	-38.59%	17.36%	33.12%	125.88%
Dividend Per Share	0.085	0.072	0.072	0.088	0.083
Dividend Growth	17.90%	-	-18.01%	5.73%	-16.02%
Operating Margin	76.24%	74.67%	75.29%	79.66%	80.02%
Profit Margin	85.41%	88.52%	147.64%	136.85%	108.18%
EBITDA	216.91	189.16	162.45	142.72	129.8
EBITDA Margin	76.58%	74.97%	75.74%	80.16%	80.73%
D&A For Ebitda	0.97	0.75	0.97	0.9	1.14
EBIT	215.94	188.4	161.47	141.81	128.66
EBIT Margin	76.24%	74.67%	75.29%	79.66%	80.02%
Funds From Operations (FFO)	174.9	160.1	-	-	-
Adjusted Funds From Operations (AFFO)	174.9	160.1	-	-	-
FFO Payout Ratio	39.07%	39.77%	-	-	-
Effective Tax Rate	-	47.59%	17.03%	16.52%	32.06%
Revenue as Reported	283.22	252.33	214.47	178.03	160.79

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