Aedifica NV/SA (EBR: AED)

Aedifica NV/SA Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Jun 30, 2020
Rental Revenue	331.68	314.17	273.13	232.12	173	163.41
Tenant Reimbursements	8.7	7.19	3.93	4.24	2.54	2.92
Other Revenue	0.2	-0.26	2.17	6.37	3.05	2.5
Total Revenue	340.58	321.11	279.23	242.73	178.59	168.82
Revenue Growth (YoY	9.25%	15.00%	15.04%	35.91%	5.79%	37.98%
Property Expenses	21.46	19.65	14.43	13.42	10.25	11.03
Selling, General & Administrative	33.78	34.29	31.5	27.99	24.22	22.55
Other Operating Expenses	2.44	1.62	1.46	1.63	-0.01	0.33
Total Operating Expenses	57.67	55.56	47.39	43.04	34.46	33.91
Operating Income	282.9	265.55	231.84	199.7	144.13	134.92
Interest Expense	-71.52	-72.63	-25.1	-18.59	-15.13	-20.83
Interest & Investment Income	0.59	2.18	1.3	0.3	0.05	0.05
Currency Exchange Gain (Loss)	-0.6	-0.6	-2.02	-0.52	-0.03	-
Other Non-Operating Income	23.74	23.87	-10.42	-13.35	-10.92	-3.34
EBT Excluding Unusual Items	235.11	218.38	195.6	167.54	118.09	110.79
Impairment of Goodwill	-26.07	-26.07	-18.1	-3.54	-	-
Gain (Loss) on Sale of Investments	-68.07	-50.88	123.24	14.81	-1.45	-2.24
Gain (Loss) on Sale of Assets	-0.23	-0.86	0.79	0.53	-0.37	1.16
Asset Writedown	-41.94	-143.64	84.88	160.21	16.7	15.42
Other Unusual Items	-	-	-	-	0.2	-
Pretax Income	98.81	-3.07	386.41	339.55	133.18	125.13
Income Tax Expense	-6.59	-25.62	54.68	56.73	17.56	20.23
Earnings From Continuing Operations	105.39	22.55	331.73	282.83	115.61	104.9
Minority Interest in Earnings	0.6	1.98	0.05	-1	-0.24	-0.04
Net Income	105.99	24.54	331.78	281.82	115.38	104.86
Net Income to Common	105.99	24.54	331.78	281.82	115.38	104.86
Net Income Growth	144.43%	-92.60%	17.73%	144.26%	10.03%	-15.09%
Basic Shares Outstanding	48	44	38	35	27	25
Diluted Shares Outstanding	48	44	38	35	27	25
Shares Change (YoY)	13.84%	14.67%	9.55%	31.06%	6.04%	29.87%
EPS (Basic)	2.23	0.56	8.71	8.10	4.35	4.19
EPS (Diluted)	2.23	0.56	8.71	8.10	4.35	4.19
EPS Growth	114.70%	-93.57%	7.47%	86.35%	3.76%	-34.62%
Dividend Per Share	1.884	3.800	3.700	3.400	3.067	3.000
Dividend Growth	-50.42%	2.70%	8.82%	10.87%	2.22%	7.14%
Operating Margin	83.07%	82.70%	83.03%	82.27%	80.70%	79.92%
Profit Margin	31.12%	7.64%	118.82%	116.10%	64.60%	62.11%
Free Cash Flow Margin	-	71.48%	78.28%	81.68%	67.60%	66.32%
EBITDA	286.67	269.2	235.33	200.53	144.91	136.15
EBITDA Margin	84.17%	83.83%	84.28%	82.61%	81.14%	80.65%
D&A For Ebitda	3.77	3.65	3.49	0.84	0.78	1.24
EBIT	282.9	265.55	231.84	199.7	144.13	134.92
EBIT Margin	83.07%	82.70%	83.03%	82.27%	80.70%	79.92%
Effective Tax Rate	-	-	14.15%	16.71%	13.19%	16.17%

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