Qrf Comm. VA Income Statement

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

Millions EUR. 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	12.13	12.49	13.96	12.33	11.1	12.43
Tenant Reimbursements	2.17	1.34	1.1	0.88	1.1	1.33
Other Revenue	-0.03	0.36	4.68	0.34	0.59	-
Total Revenue	14.26	14.19	19.75	13.55	12.79	13.76
Revenue Growth (YoY	-23.04%	-28.12%	45.76%	5.92%	-7.06%	-16.11%
Property Expenses	2.98	2.02	1.55	1.52	1.36	3.34
Selling, General & Administrative	2.08	2.01	1.99	1.96	1.78	1.51
Other Operating Expenses	-0	-	-	-	-0.08	0.4
Total Operating Expenses	5.06	4.03	3.54	3.48	3.06	5.24
Operating Income	9.21	10.17	16.21	10.07	9.73	8.52
Interest Expense	-2.67	-2.86	-3.67	-1.99	-2.06	-2.14
Interest & Investment Income	0	0.08	-	-	-	-
Other Non-Operating Income	-0.28	4.52	-0.1	-0.15	-0.03	-0.29
EBT Excluding Unusual Items	6.26	11.9	12.44	7.93	7.64	6.09
Gain (Loss) on Sale of Investments	-2.39	-1.17	-4.07	6.02	0.86	0.41
Gain (Loss) on Sale of Assets	-0.02	-0.75	0.22	0.22	-0.13	0.68
Asset Writedown	-0.53	1.01	-9.55	-1.53	-6.67	-13.02
Pretax Income	3.31	11	-0.96	12.64	1.7	-5.84
Income Tax Expense	0.05	0.07	1.5	0.04	-0.63	-0.53
Earnings From Continuing Operations	3.26	10.93	-2.46	12.6	2.33	-5.31
Net Income	3.26	10.93	-2.46	12.6	2.33	-5.31
Net Income to Common	3.26	10.93	-2.46	12.6	2.33	-5.31
Net Income Growth	-70.95%	-	-	441.38%	-	-
Basic Shares Outstanding	8	8	8	7	7	7
Diluted Shares Outstanding	8	8	8	7	7	7
Shares Change (YoY)	-0.01%	1.23%	3.01%	3.01%	1.50%	1.74%
EPS (Basic)	0.42	1.40	-0.32	1.68	0.32	-0.74
EPS (Diluted)	0.41	1.40	-0.32	1.68	0.32	-0.74
EPS Growth	-71.45%	-	-	425.00%	-	-
Dividend Per Share	1.470	0.840	0.800	0.800	0.800	0.800
Dividend Growth	83.75%	5.00%	-	-	-	-
Operating Margin	64.55%	71.62%	82.09%	74.34%	76.08%	61.90%
Profit Margin	22.84%	76.99%	-12.43%	92.99%	18.19%	-38.61%
EBITDA	9.25	10.2	16.24	10.11	9.77	8.54
EBITDA Margin	64.84%	71.88%	82.23%	74.61%	76.40%	62.05%
D&A For Ebitda	0.04	0.04	0.03	0.04	0.04	0.02
EBIT	9.21	10.17	16.21	10.07	9.73	8.52
EBIT Margin	64.55%	71.62%	82.09%	74.34%	76.08%	61.90%
Effective Tax Rate	1.57%	0.67%	-	0.30%	-	-

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