Bulgarian Real Estate Fund REIT (BUL:BREF)

BUL:BREF Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	10.73	8.01	7.11	7.03	7.05
Other Revenue	0.17	0.65	15.7	0.96	0.21
Total Revenue	10.89	8.65	22.81	7.99	7.26
Revenue Growth (YoY	25.89%	-62.06%	185.51%	10.01%	-8.42%
Property Expenses	3.43	3.68	13.72	2.11	1.34
Selling, General & Administrative	1.47	1.28	1.66	1.17	1.18
Other Operating Expenses	0.18	0.2	0.26	0.62	0.25
Total Operating Expenses	5.07	5.16	15.64	3.9	2.78
Operating Income	5.82	3.49	7.17	4.09	4.49
Interest Expense	-0.95	-0.94	-0.93	-0.75	-0.25
EBT Excluding Unusual Items	4.87	2.55	6.25	3.34	4.24
Asset Writedown	15.46	13.94	6.29	0.57	-1.39
Pretax Income	20.33	16.49	12.53	3.91	2.84
Net Income	20.33	16.49	12.53	3.91	2.84
Net Income to Common	20.33	16.49	12.53	3.91	2.84
Net Income Growth	23.30%	31.57%	220.32%	37.59%	-43.19%
Basic Shares Outstanding	35	35	35	35	35
Diluted Shares Outstanding	35	35	35	35	35
Shares Change (YoY)	-	-	-	-	0.34%
EPS (Basic)	0.59	0.48	0.36	0.11	0.08
EPS (Diluted)	0.59	0.48	0.36	0.11	0.08
EPS Growth	23.31%	31.56%	220.32%	37.59%	-43.38%
Dividend Per Share	0.007	-	0.113	0.083	0.108
Dividend Growth	-	-	35.99%	-22.92%	-13.20%
Operating Margin	53.45%	40.32%	31.45%	51.17%	61.79%
Profit Margin	186.66%	190.58%	54.95%	48.98%	39.16%
Free Cash Flow Margin	95.23%	29.54%	10.48%	76.66%	48.88%
EBITDA	5.83	3.5	7.18	4.1	4.51
EBITDA Margin	53.56%	40.39%	31.49%	51.30%	62.06%
D&A For Ebitda	0.01	0.01	0.01	0.01	0.02
EBIT	5.82	3.49	7.17	4.09	4.49
EBIT Margin	53.45%	40.32%	31.45%	51.17%	61.79%
Revenue as Reported	26.35	22.59	29.1	8.56	7.26

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