Covivio Hotels (EPA:COVH)

Covivio Hotels Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	252.2	270.1	264	238.85	180.87	151.3
Property Management Fees	8.4	8.1	5.6	4.7	2.96	2.33
Other Revenue	116.1	97.7	72.6	81.39	32.12	-5.63
Total Revenue	376.7	375.9	342.2	324.94	215.94	147.99
Revenue Growth (YoY	7.74%	9.85%	5.31%	50.47%	45.91%	-56.30%
Property Expenses	29.5	29.6	31	28.18	27.32	27
Depreciation & Amortization	88	56.7	48.2	38.18	42.34	42.86
Other Operating Expenses	1.3	0.8	-7.8	-10.72	-16.52	-4.75
Total Operating Expenses	120	88.1	71.9	44.9	65.87	79.57
Operating Income	256.7	287.8	270.3	280.04	150.08	68.42
Interest Expense	-111.9	-119	-104.7	-61.75	-55.5	-58.13
Interest & Investment Income	19.2	14.2	4.6	1.81	1.27	1.84
Other Non-Operating Income	-22.2	10.1	-45.1	192.34	50.1	-60.88
EBT Excluding Unusual Items	141.8	193.1	125.1	412.44	145.95	-48.75
Gain (Loss) on Sale of Investments	66.4	66.4	-181.5	92.16	-17.45	-327.72
Gain (Loss) on Sale of Assets	7.9	12.6	0.3	3.04	-0.46	-1.13
Asset Writedown	30.2	-	-	-	-	-
Other Unusual Items	-4.3	-4.9	-3.8	-0.01	-22.5	-3.8
Pretax Income	242	267.2	-59.9	507.63	105.55	-381.41
Income Tax Expense	26.7	30.5	-34.6	5.58	31.11	-46.28
Earnings From Continuing Operations	215.3	236.7	-25.3	502.05	74.44	-335.13
Net Income to Company	215.3	236.7	-25.3	502.05	74.44	-335.13
Minority Interest in Earnings	-9.5	-12.1	13.7	-23.26	-24.15	-2.27
Net Income	205.8	224.6	-11.6	478.79	50.29	-337.4
Net Income to Common	205.8	224.6	-11.6	478.79	50.29	-337.4
Net Income Growth	245.34%	-	-	852.06%	-	-
Basic Shares Outstanding	149	148	148	148	141	128
Diluted Shares Outstanding	149	148	148	148	141	128
Shares Change (YoY)	0.87%	-	0.00%	4.96%	10.49%	6.19%
EPS (Basic)	1.38	1.52	-0.08	3.23	0.36	-2.64
EPS (Diluted)	1.38	1.52	-0.08	3.23	0.36	-2.64
EPS Growth	244.35%	-	-	806.41%	-	-
Dividend Per Share	1.500	1.500	1.300	1.250	0.650	0.260
Dividend Growth	15.38%	15.38%	4.00%	92.31%	150.00%	-83.23%
Operating Margin	68.14%	76.56%	78.99%	86.18%	69.50%	46.23%
Profit Margin	54.63%	59.75%	-3.39%	147.35%	23.29%	-227.98%
EBITDA	345.46	345.3	313.5	321.19	192.42	119.19
EBITDA Margin	91.71%	91.86%	91.61%	98.85%	89.11%	80.54%
D&A For Ebitda	88.76	57.5	43.2	41.14	42.34	50.77
EBIT	256.7	287.8	270.3	280.04	150.08	68.42
EBIT Margin	68.14%	76.56%	78.99%	86.18%	69.50%	46.23%
Effective Tax Rate	11.03%	11.42%	-	1.10%	29.47%	-

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