Advance Terrafund REIT (BUL:ATER)

Advance Terrafund REIT Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	9.2	9.51	8.56	6.68	6.8
Other Revenue	11.61	4.63	23.77	23.91	65.2
Total Revenue	20.92	14.44	32.72	30.64	72.18
Revenue Growth (YoY	44.83%	-55.86%	6.78%	-57.55%	277.39%
Property Expenses	13.59	6.83	29.8	17.02	54.53
Selling, General & Administrative	0.02	0.02	0.03	0.04	0.03
Other Operating Expenses	0.21	0.19	0.19	-0.08	0.31
Total Operating Expenses	13.88	7.08	30.13	17.01	55.11
Operating Income	7.04	7.36	2.59	13.63	17.07
Interest Expense	-0.01	-0.01	-0.01	-0	-0.01
Other Non-Operating Income	0.06	0.05	0.1	-	-
EBT Excluding Unusual Items	7.09	7.4	2.69	13.62	17.07
Gain (Loss) on Sale of Assets	-0.01	-	-0.2	-0.01	0
Asset Writedown	-5.09	-5.99	7.64	89.26	35.32
Total Legal Settlements	0.04	0.03	-0.08	-0.01	-0
Pretax Income	2.03	1.45	10.04	102.86	52.39
Net Income	2.03	1.45	10.04	102.86	52.39
Net Income to Common	2.03	1.45	10.04	102.86	52.39
Net Income Growth	40.28%	-85.61%	-90.24%	96.36%	615.35%
Basic Shares Outstanding	85	85	85	85	85
Diluted Shares Outstanding	85	85	85	85	85
EPS (Basic)	0.02	0.02	0.12	1.21	0.62
EPS (Diluted)	0.02	0.02	0.12	1.21	0.62
EPS Growth	40.28%	-85.61%	-90.24%	96.36%	615.35%
Dividend Per Share	0.127	0.095	0.201	0.242	0.527
Dividend Growth	33.68%	-52.62%	-17.15%	-54.08%	383.49%
Operating Margin	33.64%	50.95%	7.92%	44.47%	23.65%
Profit Margin	9.69%	10.01%	30.69%	335.71%	72.57%
EBIT	7.04	7.36	2.59	13.63	17.07
EBIT Margin	33.64%	50.95%	7.92%	44.47%	23.65%
Revenue as Reported	12.63	12.05	-	109.58	-

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