Advance Terrafund REIT (BUL: ATER)

Advance Terrafund REIT Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	8.98	8.56	6.68	6.8	6.83	6.68
Other Revenue	1.09	23.77	23.91	65.2	11.88	18.86
Total Revenue	10.52	32.72	30.64	72.18	19.13	26.13
Revenue Growth (YoY	-80.61%	6.78%	-57.55%	277.39%	-26.80%	172.49%
Property Expenses	4.15	29.8	17.02	54.53	14.21	20.42
Selling, General & Administrative	0.03	0.03	0.04	0.03	0.02	0.03
Other Operating Expenses	0.27	0.26	-0.08	0.31	0.1	0.12
Total Operating Expenses	4.56	30.2	17.01	55.11	14.61	20.76
Operating Income	5.97	2.52	13.63	17.07	4.52	5.37
Interest Expense	-0.01	-0.01	-0	-0.01	-0	-0
Other Non-Operating Income	-0.09	0	-	-	-	0
EBT Excluding Unusual Items	5.87	2.52	13.62	17.07	4.51	5.37
Gain (Loss) on Sale of Assets	0.1	-0.1	-0.01	0	-0.01	0.15
Asset Writedown	7.64	7.64	89.26	35.32	2.83	-2.07
Total Legal Settlements	-0.01	-0.01	-0.01	-0	-0.01	-0.02
Pretax Income	13.59	10.04	102.86	52.39	7.32	3.44
Net Income	13.59	10.04	102.86	52.39	7.32	3.44
Net Income to Common	13.59	10.04	102.86	52.39	7.32	3.44
Net Income Growth	-86.49%	-90.24%	96.36%	615.35%	113.19%	-68.13%
Basic Shares Outstanding	85	85	85	85	85	85
Diluted Shares Outstanding	85	85	85	85	85	85
EPS (Basic)	0.16	0.12	1.21	0.62	0.09	0.04
EPS (Diluted)	0.16	0.12	1.21	0.62	0.09	0.04
EPS Growth	-86.49%	-90.24%	96.36%	615.35%	113.19%	-68.13%
Dividend Per Share	0.201	0.201	0.242	0.527	0.109	0.140
Dividend Growth	-17.15%	-17.15%	-54.08%	383.49%	-22.14%	197.87%
Operating Margin	56.70%	7.70%	44.47%	23.65%	23.61%	20.56%
Profit Margin	129.18%	30.69%	335.71%	72.57%	38.29%	13.15%
Free Cash Flow Margin	-87.90%	21.37%	47.17%	70.60%	52.78%	51.83%
EBIT	5.97	2.52	13.63	17.07	4.52	5.37
EBIT Margin	56.70%	7.70%	44.47%	23.65%	23.61%	20.56%
Revenue as Reported	16.82	16.82	109.58	-	-	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.