BUD:SPLUS 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	33	24.18	22.2	11.05	-
Other Revenue	14.28	10.72	25.99	13.09	-
Total Revenue	47.28	34.9	48.19	24.14	-
Revenue Growth (YoY	35.48%	-27.58%	99.67%	-	-
Property Expenses	18	12.95	28.9	15.27	-
Selling, General & Administrative	4.66	3.44	2.79	3.65	0.34
Other Operating Expenses	-	-0.62	-	-	-
Total Operating Expenses	22.67	15.77	31.69	18.92	0.34
Operating Income	24.61	19.13	16.5	5.21	-0.34
Interest Expense	-11.54	-9.49	-11.55	-3.39	-0.02
Interest & Investment Income	1.33	0.88	2.12	2.92	0.73
Other Non-Operating Income	0	-	-	-	-
EBT Excluding Unusual Items	14.4	10.51	7.07	4.75	0.37
Asset Writedown	25.97	13.5	5.72	22	-
Pretax Income	40.38	24.02	12.79	26.75	0.37
Income Tax Expense	3.76	-0.19	1.3	3.84	-
Earnings From Continuing Operations	36.62	24.21	11.49	22.91	0.37
Minority Interest in Earnings	-3.92	0.02	-	-	-
Net Income	32.7	24.23	11.49	22.91	0.37
Net Income to Common	32.7	24.23	11.49	22.91	0.37
Net Income Growth	34.97%	110.84%	-49.86%	6026.83%	-
Basic Shares Outstanding	24	13	10	6	0
Diluted Shares Outstanding	24	13	10	6	0
Shares Change (YoY)	85.13%	27.98%	84.70%	3913.02%	1.55%
EPS (Basic)	1.35	1.85	1.12	4.13	2.70
EPS (Diluted)	1.35	1.85	1.12	4.13	2.70
EPS Growth	-27.10%	64.74%	-72.85%	52.67%	-
Dividend Per Share	-	0.840	0.760	0.400	-
Dividend Growth	-	10.53%	90.00%	-	-
Operating Margin	52.06%	54.80%	34.24%	21.60%	-
Profit Margin	69.16%	69.42%	23.84%	94.94%	-
EBIT	24.61	19.13	16.5	5.21	-0.34
EBIT Margin	52.06%	54.80%	34.24%	21.60%	-
Effective Tax Rate	9.31%	-	10.15%	14.35%	-

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