Warehouses Estates Belgium S.C.A. (EBR:WEB)

Altus Power Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	24.93	22.57	20.45	18.5	17.51
Tenant Reimbursements	3.99	3.27	3.09	2.78	2.77
Total Revenue	28.92	25.84	23.54	21.28	20.28
Revenue Growth (YoY	11.91%	9.77%	10.66%	4.92%	-7.63%
Property Expenses	7.28	6.47	6.21	5.87	5.78
Selling, General & Administrative	1.46	1.36	1.44	1.5	1.47
Other Operating Expenses	-0.01	-0.16	-0.03	-1.92	-0.46
Total Operating Expenses	8.73	7.33	7.55	5.21	8.23
Operating Income	20.19	18.52	15.99	16.07	12.05
Interest Expense	-5.49	-4.46	-2.46	-2.24	-2.11
Interest & Investment Income	0	0	0	0.36	0.39
Other Non-Operating Income	-1.28	-3.09	4.95	0.83	0.14
EBT Excluding Unusual Items	13.42	10.96	18.49	15.01	10.47
Gain (Loss) on Sale of Assets	-	-0	-0	-0.01	-
Total Insurance Settlements	-	-	0.03	0.22	0.16
Asset Writedown	-0.62	-0.3	-4.85	1.52	0.14
Other Unusual Items	-2.15	-1.99	-1.51	-2.73	-1.75
Pretax Income	10.64	8.67	12.15	14.02	9.02
Income Tax Expense	0	0	0	0.03	0.01
Net Income	10.64	8.67	12.14	13.99	9.01
Net Income to Common	10.64	8.67	12.14	13.99	9.01
Net Income Growth	22.74%	-28.63%	-13.20%	55.35%	-9.45%
Basic Shares Outstanding	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3
Shares Change (YoY)	7.32%	-	-	-	-
EPS (Basic)	3.13	2.74	3.84	4.42	2.84
EPS (Diluted)	3.13	2.74	3.84	4.42	2.84
EPS Growth	14.33%	-28.63%	-13.20%	55.59%	-9.55%
Dividend Per Share	3.350	3.350	3.290	2.840	3.150
Dividend Growth	-	1.82%	15.85%	-9.84%	-10.00%
Operating Margin	69.80%	71.64%	67.92%	75.51%	59.42%
Profit Margin	36.79%	33.54%	51.58%	65.76%	44.41%
EBIT	20.19	18.52	15.99	16.07	12.05
EBIT Margin	69.80%	71.64%	67.92%	75.51%	59.42%
Effective Tax Rate	0.01%	0.01%	0.02%	0.19%	0.14%

Updated Sep 30, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.