Immorente Invest Income Statement

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

Millions MAD. 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	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	81.7	78.68	72.22	67.06	70.1	59.6
Total Revenue	81.7	78.68	72.22	67.06	70.1	59.6
Revenue Growth (YoY	6.98%	8.95%	7.70%	-4.35%	17.62%	4.08%
Property Expenses	2.31	2.11	2.25	15.95	14.87	13.57
Selling, General & Administrative	18.67	19.23	15.25	-	-	-
Depreciation & Amortization	-	-	-	28.98	26.17	20.58
Other Operating Expenses	11.75	12.2	5.04	2.89	5.67	10.39
Total Operating Expenses	32.73	33.54	22.54	51.81	51.73	53.25
Operating Income	48.98	45.14	49.68	15.24	18.37	6.36
Interest Expense	-10.69	-5.42	-1.13	-	-	-
Interest & Investment Income	0.33	0.33	1.29	0.45	2.41	1.5
Other Non-Operating Income	5.08	1.59	-0.42	0.93	-0.15	4.07
EBT Excluding Unusual Items	43.69	41.63	49.41	16.62	20.64	11.92
Gain (Loss) on Sale of Assets	11.33	11.33	-0.32	-	-	-
Other Unusual Items	-	-	-	-0.23	-11.43	-3.1
Pretax Income	58.28	52.96	49.08	16.39	9.2	8.82
Income Tax Expense	6.26	5.85	6.3	7.98	5.4	4.62
Net Income	52.02	47.11	42.78	8.41	3.81	4.2
Net Income to Common	52.02	47.11	42.78	8.41	3.81	4.2
Net Income Growth	23.14%	10.12%	408.65%	120.99%	-9.38%	16.96%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
EPS (Basic)	5.78	5.23	4.75	0.93	0.42	0.47
EPS (Diluted)	5.78	5.23	4.75	0.93	0.42	0.47
EPS Growth	23.14%	10.12%	408.65%	120.99%	-9.38%	-
Dividend Per Share	-	-	5.000	4.500	-	-
Dividend Growth	-	-	11.11%	-	-	-
Operating Margin	59.95%	57.37%	68.79%	22.73%	26.21%	10.66%
Profit Margin	63.67%	59.88%	59.24%	12.54%	5.43%	7.05%
EBITDA	83.74	79.64	84.18	48.22	49.57	35.65
EBITDA Margin	102.49%	101.23%	116.57%	71.92%	70.71%	59.82%
D&A For Ebitda	34.76	34.5	34.5	32.98	31.2	29.3
EBIT	48.98	45.14	49.68	15.24	18.37	6.36
EBIT Margin	59.95%	57.37%	68.79%	22.73%	26.21%	10.66%
Effective Tax Rate	10.75%	11.04%	12.83%	48.69%	58.65%	52.39%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.