BUL:BREF Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6.97	6.67	5.52	4.09	3.63	3.59
Other Revenue	21.21	18.06	0.08	0.33	8.03	0.49
Total Revenue	28.17	24.73	5.61	4.42	11.66	4.09
Revenue Growth (YoY	379.08%	341.18%	26.72%	-62.06%	185.40%	10.06%
Property Expenses	18.02	14.81	1.74	1.88	7.01	1.08
Selling, General & Administrative	3.88	3.8	0.76	0.66	0.85	0.6
Other Operating Expenses	0.09	0.11	0.11	0.1	0.13	0.32
Total Operating Expenses	21.99	18.73	2.61	2.64	7.99	1.99
Operating Income	6.18	6.01	3	1.78	3.67	2.09
Interest Expense	-0.36	-0.4	-0.49	-0.48	-0.47	-0.38
EBT Excluding Unusual Items	5.82	5.6	2.51	1.3	3.19	1.71
Asset Writedown	6.97	6.84	7.93	7.13	3.21	0.29
Pretax Income	12.79	12.45	10.44	8.43	6.41	2
Net Income	12.79	12.45	10.44	8.43	6.41	2
Net Income to Common	12.79	12.45	10.44	8.43	6.41	2
Net Income Growth	20.35%	19.25%	23.78%	31.60%	220.19%	37.64%
Basic Shares Outstanding	35	35	35	35	35	35
Diluted Shares Outstanding	35	35	35	35	35	35
Shares Change (YoY)	0.28%	-	-	-	-	-
EPS (Basic)	0.37	0.36	0.30	0.24	0.18	0.06
EPS (Diluted)	0.37	0.36	0.30	0.24	0.18	0.06
EPS Growth	19.96%	19.20%	23.79%	31.59%	220.19%	37.65%
Dividend Per Share	-	0.139	0.055	-	0.058	0.042
Dividend Growth	-	151.84%	-	-	35.94%	-22.88%
Operating Margin	21.94%	24.29%	53.47%	40.32%	31.45%	51.17%
Profit Margin	45.39%	50.32%	186.15%	190.58%	54.95%	48.98%
EBITDA	6.19	6.01	3	1.79	3.67	2.1
EBITDA Margin	21.96%	24.31%	53.58%	40.39%	31.49%	51.30%
D&A For Ebitda	0.01	0.01	0.01	0	0	0.01
EBIT	6.18	6.01	3	1.78	3.67	2.09
EBIT Margin	21.94%	24.29%	53.47%	40.32%	31.45%	51.17%
Revenue as Reported	35.14	31.58	13.53	11.55	14.87	4.38