Covivio Hotels Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	231	270.1	264	238.85	180.87
Property Management Fees	470	8.1	5.6	4.7	2.96
Other Revenue	-	97.7	72.6	81.39	32.12
Total Revenue	701	375.9	342.2	324.94	215.94
Revenue Growth (YoY	86.49%	9.85%	5.31%	50.47%	45.91%
Property Expenses	363	29.6	31	28.18	27.32
Depreciation & Amortization	97	56.7	48.2	38.18	42.34
Other Operating Expenses	-15	0.8	-7.8	-10.72	-16.52
Total Operating Expenses	444	88.1	71.9	44.9	65.87
Operating Income	257	287.8	270.3	280.04	150.08
Interest Expense	-63	-119	-104.7	-61.75	-55.5
Interest & Investment Income	-	14.2	4.6	1.81	1.27
Income (Loss) on Equity Investments	9	-	-	-	-
Other Non-Operating Income	-11	10.1	-45.1	192.34	50.1
EBT Excluding Unusual Items	192	193.1	125.1	412.44	145.95
Gain (Loss) on Sale of Investments	7	66.4	-181.5	92.16	-17.45
Gain (Loss) on Sale of Assets	-2	12.6	0.3	3.04	-0.46
Asset Writedown	113	-	-	-	-
Other Unusual Items	-	-4.9	-3.8	-0.01	-22.5
Pretax Income	310	267.2	-59.9	507.63	105.55
Income Tax Expense	-10	30.5	-34.6	5.58	31.11
Earnings From Continuing Operations	320	236.7	-25.3	502.05	74.44
Net Income to Company	320	236.7	-25.3	502.05	74.44
Minority Interest in Earnings	-12	-12.1	13.7	-23.26	-24.15
Net Income	308	224.6	-11.6	478.79	50.29
Net Income to Common	308	224.6	-11.6	478.79	50.29
Net Income Growth	37.13%	-	-	852.06%	-
Basic Shares Outstanding	-	148	148	148	141
Diluted Shares Outstanding	-	148	148	148	141
Shares Change (YoY)	-	-	0.00%	4.96%	10.49%
EPS (Basic)	-	1.52	-0.08	3.23	0.36
EPS (Diluted)	-	1.52	-0.08	3.23	0.36
EPS Growth	-	-	-	806.41%	-
Dividend Per Share	-	1.500	1.300	1.250	0.650
Dividend Growth	-	15.38%	4.00%	92.31%	150.00%
Operating Margin	36.66%	76.56%	78.99%	86.18%	69.50%
Profit Margin	43.94%	59.75%	-3.39%	147.35%	23.29%
EBITDA	314.5	345.3	313.5	321.19	192.42
EBITDA Margin	44.86%	91.86%	91.61%	98.85%	89.11%
D&A For Ebitda	57.5	57.5	43.2	41.14	42.34
EBIT	257	287.8	270.3	280.04	150.08
EBIT Margin	36.66%	76.56%	78.99%	86.18%	69.50%
Effective Tax Rate	-	11.42%	-	1.10%	29.47%

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