Patrimoine et Commerce SA (EPA:PAT)

Patrimoine et Commerce 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	55.21	52.69	50.52	47.39	43.94	45.9
Tenant Reimbursements	-	-	-	10.26	9.98	9.08
Other Revenue	12.76	12.39	-3.09	0.45	0.9	-0.61
Total Revenue	67.97	65.08	47.44	58.1	54.82	54.36
Revenue Growth (YoY	36.70%	37.19%	-18.36%	5.98%	0.85%	24.66%
Property Expenses	6.39	5.76	3.86	13.47	13.11	11.95
Selling, General & Administrative	5.97	6.03	4.93	4.83	4.29	4.23
Other Operating Expenses	1.65	1.15	0.97	1.37	0.44	1.13
Total Operating Expenses	14.01	12.94	9.76	19.67	17.85	17.31
Operating Income	53.96	52.14	37.67	38.43	36.98	37.05
Interest Expense	-13.95	-13.41	-12.13	-0.02	-9.82	-9.55
Interest & Investment Income	1.24	1.43	1.39	0.35	0.41	0.51
Other Non-Operating Income	-0.35	-1.14	-1.2	-7	1.13	0.72
EBT Excluding Unusual Items	40.89	39.02	25.73	31.76	28.7	28.74
Gain (Loss) on Sale of Investments	-	-	-	-0	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.06	0.17	-0.08	0.08	-0.05
Asset Writedown	-2.52	1.97	2.15	14.77	2.37	-9.78
Pretax Income	38.32	40.93	28.04	46.45	31.16	18.92
Income Tax Expense	0.17	0.16	-0.15	0.34	-0	-0.49
Earnings From Continuing Operations	38.14	40.77	28.18	46.11	31.16	19.41
Minority Interest in Earnings	0.04	0.2	0.85	1.69	0.36	-1.62
Net Income	38.19	40.97	29.03	47.81	31.52	17.79
Net Income to Common	38.19	40.97	29.03	47.81	31.52	17.79
Net Income Growth	22.76%	41.12%	-39.28%	51.68%	77.16%	-30.75%
Basic Shares Outstanding	16	15	15	15	15	14
Diluted Shares Outstanding	16	15	15	15	15	14
Shares Change (YoY)	4.49%	1.60%	0.75%	1.71%	4.39%	2.49%
EPS (Basic)	2.41	2.66	1.91	3.17	2.13	1.25
EPS (Diluted)	2.41	2.66	1.91	3.17	2.13	1.25
EPS Growth	17.65%	39.16%	-39.75%	48.90%	70.31%	-32.68%
Dividend Per Share	1.010	1.010	1.350	1.300	1.250	1.250
Dividend Growth	-25.19%	-25.19%	3.85%	4.00%	-	-
Operating Margin	79.39%	80.11%	79.42%	66.14%	67.45%	68.16%
Profit Margin	56.18%	62.95%	61.20%	82.28%	57.49%	32.72%
EBITDA	53.94	52.24	37.77	39.14	37	37.06
EBITDA Margin	79.36%	80.27%	79.62%	67.37%	67.49%	68.17%
D&A For Ebitda	-0.02	0.1	0.1	0.72	0.02	0
EBIT	53.96	52.14	37.67	38.43	36.98	37.05
EBIT Margin	79.39%	80.11%	79.42%	66.14%	67.45%	68.16%
Funds From Operations (FFO)	30.7	30.7	-	-	-	-
Adjusted Funds From Operations (AFFO)	-	30.7	-	-	-	-
FFO Payout Ratio	67.40%	67.40%	-	-	-	-
Effective Tax Rate	0.45%	0.40%	-	0.73%	-	-

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