BUD:SPLUS Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	30.29	24.18	22.2	11.05	-	-
Other Revenue	2.73	10.72	25.99	13.09	-	-
Total Revenue	33.02	34.9	48.19	24.14	-	-
Revenue Growth (YoY	-30.61%	-27.58%	99.67%	-	-	-
Property Expenses	5.86	12.95	28.9	15.27	-	-
Selling, General & Administrative	4.29	3.44	2.79	3.65	0.34	0
Other Operating Expenses	-1.05	-0.62	-	-	-	-
Total Operating Expenses	9.1	15.77	31.69	18.92	0.34	0
Operating Income	23.91	19.13	16.5	5.21	-0.34	-0
Interest Expense	-11.43	-9.49	-11.55	-3.39	-0.02	-0
Interest & Investment Income	0.76	0.88	2.12	2.92	0.73	-
EBT Excluding Unusual Items	13.24	10.51	7.07	4.75	0.37	-0
Asset Writedown	29.56	13.5	5.72	22	-	-
Pretax Income	42.8	24.02	12.79	26.75	0.37	-0
Income Tax Expense	3.33	-0.19	1.3	3.84	-	-
Earnings From Continuing Operations	39.47	24.21	11.49	22.91	0.37	-0
Minority Interest in Earnings	-4.23	0.02	-	-	-	-
Net Income	35.24	24.23	11.49	22.91	0.37	-0
Net Income to Common	35.24	24.23	11.49	22.91	0.37	-0
Net Income Growth	83.11%	110.84%	-49.86%	6026.83%	-	-
Basic Shares Outstanding	15	13	10	6	0	0
Diluted Shares Outstanding	15	13	10	6	0	0
Shares Change (YoY)	14.11%	27.98%	84.70%	3913.02%	1.55%	-
EPS (Basic)	2.41	1.85	1.12	4.13	2.70	-0.01
EPS (Diluted)	2.41	1.85	1.12	4.13	2.70	-0.01
EPS Growth	60.47%	64.74%	-72.85%	52.67%	-	-
Dividend Per Share	0.840	0.840	0.760	0.400	-	-
Dividend Growth	10.53%	10.53%	90.00%	-	-	-
Operating Margin	72.43%	54.80%	34.24%	21.60%	-	-
Profit Margin	106.75%	69.42%	23.84%	94.94%	-	-
EBIT	23.91	19.13	16.5	5.21	-0.34	-0
EBIT Margin	72.43%	54.80%	34.24%	21.60%	-	-
Effective Tax Rate	7.77%	-	10.15%	14.35%	-	-

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