Conect Business Park Income Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Rental Revenue	12.13	14.11	17.85	16.61	13.13	14.84
Other Revenue	6.96	6.96	-	-	-	-
Total Revenue	19.09	21.07	17.85	16.61	13.13	14.84
Revenue Growth (YoY	11.99%	18.01%	7.47%	26.54%	-11.52%	-15.64%
Property Expenses	3.13	3.01	3.31	3.54	1.73	1.52
Selling, General & Administrative	0.33	0.33	0.23	-	-	-
Depreciation & Amortization	-0.11	-0.76	2.23	5.19	2.24	2.27
Other Operating Expenses	36.94	36.47	5.82	5.68	5.89	6.51
Total Operating Expenses	40.29	39.05	11.58	14.41	9.86	10.3
Operating Income	-21.2	-17.98	6.27	2.2	3.27	4.54
Interest Expense	-6.44	-8.59	-5.32	-2.6	-2.59	-2.73
Interest & Investment Income	0.01	0.01	0.01	0.01	0.01	0
Currency Exchange Gain (Loss)	0	0	-0.33	0.02	-1.18	-
Other Non-Operating Income	-0.84	0.02	0.02	0.77	2.29	-1.43
EBT Excluding Unusual Items	-28.46	-26.53	0.64	0.41	1.79	0.37
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.01	-0.31	-0.01	-0
Gain (Loss) on Sale of Assets	25.72	25.72	-	-	0	-
Pretax Income	-2.75	-0.82	0.63	0.1	1.79	0.37
Income Tax Expense	3.37	3.37	0.2	0.87	0.4	0.2
Net Income	-6.13	-4.2	0.43	-0.77	1.39	0.17
Net Income to Common	-6.13	-4.2	0.43	-0.77	1.39	0.17
Net Income Growth	-	-	-	-	707.77%	-94.15%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
EPS (Basic)	-5.05	-3.46	0.36	-0.63	1.15	0.14
EPS (Diluted)	-5.05	-3.46	0.36	-0.63	1.15	0.14
EPS Growth	-	-	-	-	707.77%	-94.15%
Operating Margin	-111.03%	-85.35%	35.13%	13.27%	24.88%	30.61%
Profit Margin	-32.10%	-19.93%	2.43%	-4.62%	10.62%	1.16%
EBITDA	-20.32	-17.75	8.5	7.39	5.5	6.81
EBITDA Margin	-106.42%	-84.28%	47.61%	44.52%	41.93%	45.91%
D&A For Ebitda	0.88	0.23	2.23	5.19	2.24	2.27
EBIT	-21.2	-17.98	6.27	2.2	3.27	4.54
EBIT Margin	-111.03%	-85.35%	35.13%	13.27%	24.88%	30.61%
Effective Tax Rate	-	-	31.64%	854.15%	22.09%	53.77%
Revenue as Reported	44.84	46.8	17.86	18.82	15.41	14.84

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