Frey SA Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	272.43	231.36	191.31	148.52	124.1	98.7
Other Revenue	3.94	1.97	-4.51	1.17	3.25	2.52
Total Revenue	276.37	233.33	186.81	149.69	127.34	101.22
Revenue Growth (YoY	49.43%	24.91%	24.80%	17.55%	25.81%	-3.96%
Property Expenses	98.88	80.69	64.47	46.79	44.02	33.24
Depreciation & Amortization	5.4	4.6	4.05	4.06	2.92	3.43
Other Operating Expenses	27.91	26.38	15.47	13.24	15.93	10.66
Total Operating Expenses	132.19	111.66	84	64.1	62.87	47.32
Operating Income	144.18	121.67	102.81	85.59	64.48	53.89
Interest Expense	-91.76	-81.73	-91.94	-87.07	46.84	0.22
Interest & Investment Income	13.96	18.83	30.98	24.74	1.79	0.18
Other Non-Operating Income	6.01	-3.58	-1.49	-1.74	-2.28	-3.03
EBT Excluding Unusual Items	72.39	55.2	40.37	21.52	110.83	51.26
Gain (Loss) on Sale of Assets	0.33	0.81	-1.4	-2.29	2.06	1.84
Asset Writedown	110.29	53.81	23.7	14.66	33.98	26.25
Total Legal Settlements	-	-	-0.61	-	-	-
Other Unusual Items	-14.12	-4.71	-1.2	-3.37	-1.37	-3.43
Pretax Income	168.9	105.11	60.86	30.52	145.5	75.92
Income Tax Expense	48.35	30.31	15.7	5.73	10.13	3.73
Earnings From Continuing Operations	120.54	74.8	45.16	24.79	135.38	72.19
Minority Interest in Earnings	1.66	2.61	-5.16	-5.93	-6	-6.76
Net Income	122.2	77.41	40	18.86	129.38	65.43
Net Income to Common	122.2	77.41	40	18.86	129.38	65.43
Net Income Growth	1848.33%	93.50%	112.12%	-85.42%	97.73%	2662.01%
Basic Shares Outstanding	32	32	32	28	28	25
Diluted Shares Outstanding	32	32	32	28	28	25
Shares Change	-0.63%	0.15%	12.96%	-0.40%	13.32%	2.14%
EPS (Basic)	3.85	2.43	1.26	0.67	4.57	2.62
EPS (Diluted)	3.85	2.43	1.26	0.67	4.57	2.62
EPS Growth	1859.73%	93.21%	87.77%	-85.37%	74.49%	2604.21%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Dividend Per Share	2.000	2.000	1.900	1.800	1.700	1.600
Dividend Growth	5.26%	5.26%	5.56%	5.88%	6.25%	6.67%
Operating Margin	52.17%	52.14%	55.04%	57.18%	50.63%	53.24%
Profit Margin	44.22%	33.17%	21.41%	12.60%	101.60%	64.64%
EBITDA	149.15	126.27	106.86	89.65	66.12	57.32
EBITDA Margin	53.97%	54.12%	57.21%	59.89%	51.92%	56.63%
D&A For Ebitda	4.97	4.6	4.05	4.06	1.64	3.43
EBIT	144.18	121.67	102.81	85.59	64.48	53.89
EBIT Margin	52.17%	52.14%	55.04%	57.18%	50.63%	53.24%
Effective Tax Rate	28.63%	28.84%	25.80%	18.79%	6.96%	4.91%