Immorente Invest S.A. (CBSE: IMO)

Immorente Invest Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	76.37	72.22	67.06	70.1	59.6	57.27
Total Revenue	76.37	72.22	67.06	70.1	59.6	57.27
Revenue Growth (YoY	13.44%	7.70%	-4.35%	17.62%	4.08%	151.41%
Property Expenses	20.1	20.13	15.95	14.87	13.57	16.28
Depreciation & Amortization	30.5	30.5	28.98	26.17	20.58	14.64
Other Operating Expenses	13.42	11.8	2.89	5.67	10.39	14.49
Total Operating Expenses	68.75	66.44	51.81	51.73	53.25	50.46
Operating Income	7.62	5.78	15.24	18.37	6.36	6.8
Interest Expense	-2.48	-	-	-	-	-5.08
Interest & Investment Income	0.2	0.2	0.45	2.41	1.5	-
Other Non-Operating Income	-0.91	-0.42	0.93	-0.15	4.07	1.67
EBT Excluding Unusual Items	4.38	5.55	16.62	20.64	11.92	3.4
Other Unusual Items	1.13	1.13	-0.23	-11.43	-3.1	0.19
Pretax Income	5.51	6.68	16.39	9.2	8.82	3.59
Income Tax Expense	4.46	5.09	7.98	5.4	4.62	-0
Net Income	1.05	1.59	8.41	3.81	4.2	3.59
Net Income to Common	1.05	1.59	8.41	3.81	4.2	3.59
Net Income Growth	-95.20%	-81.11%	120.99%	-9.38%	16.96%	-3.86%
Basic Shares Outstanding	9	9	9	9	9	-
Diluted Shares Outstanding	9	9	9	9	9	-
EPS (Basic)	0.12	0.18	0.93	0.42	0.47	-
EPS (Diluted)	0.12	0.18	0.93	0.42	0.47	-
EPS Growth	-95.20%	-81.11%	120.99%	-9.38%	-	-
Dividend Per Share	2.000	5.000	4.500	-	-	-
Dividend Growth	-50.00%	11.11%	-	-	-	-
Operating Margin	9.98%	8.00%	22.73%	26.21%	10.67%	11.88%
Profit Margin	1.38%	2.20%	12.54%	5.43%	7.05%	6.27%
Free Cash Flow Margin	56.25%	67.20%	65.80%	34.12%	12.66%	68.96%
EBITDA	42.07	40.28	48.22	49.57	35.65	26.49
EBITDA Margin	55.09%	55.78%	71.92%	70.71%	59.82%	46.26%
D&A For Ebitda	34.45	34.5	32.98	31.2	29.3	19.69
EBIT	7.62	5.78	15.24	18.37	6.36	6.8
EBIT Margin	9.98%	8.00%	22.73%	26.21%	10.67%	11.88%
Effective Tax Rate	80.91%	76.22%	48.69%	58.65%	52.39%	-

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