Patrimoine et Commerce 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	57.57	52.69	50.52	47.39	43.94
Tenant Reimbursements	-	-	-	10.26	9.98
Other Revenue	10.34	12.39	-3.09	0.45	0.9
Total Revenue	67.92	65.08	47.44	58.1	54.82
Revenue Growth (YoY	4.36%	37.19%	-18.36%	5.98%	0.85%
Property Expenses	4.64	5.76	3.86	13.47	13.11
Selling, General & Administrative	6.85	6.03	4.93	4.83	4.29
Depreciation & Amortization	0.27	0.11	-	-	-
Other Operating Expenses	-0.44	1.15	0.97	1.37	0.44
Total Operating Expenses	11.32	13.05	9.76	19.67	17.85
Operating Income	56.6	52.03	37.67	38.43	36.98
Interest Expense	-13.75	-13.62	-12.13	-0.02	-9.82
Interest & Investment Income	0.69	1.43	1.39	0.35	0.41
Other Non-Operating Income	0.1	-0.93	-1.2	-7	1.13
EBT Excluding Unusual Items	43.64	38.91	25.73	31.76	28.7
Gain (Loss) on Sale of Investments	-	-	-	-0	-
Gain (Loss) on Sale of Assets	-0.03	-0.06	0.17	-0.08	0.08
Asset Writedown	-2.32	2.08	2.15	14.77	2.37
Pretax Income	41.29	40.93	28.04	46.45	31.16
Income Tax Expense	0.35	0.16	-0.15	0.34	-0
Earnings From Continuing Operations	40.94	40.77	28.18	46.11	31.16
Minority Interest in Earnings	1	0.2	0.85	1.69	0.36
Net Income	41.94	40.97	29.03	47.81	31.52
Net Income to Common	41.94	40.97	29.03	47.81	31.52
Net Income Growth	2.38%	41.12%	-39.28%	51.68%	77.16%
Basic Shares Outstanding	16	15	15	15	15
Diluted Shares Outstanding	16	15	15	15	15
Shares Change (YoY)	3.11%	1.60%	0.75%	1.71%	4.39%
EPS (Basic)	2.64	2.66	1.91	3.17	2.13
EPS (Diluted)	2.64	2.66	1.91	3.17	2.13
EPS Growth	-0.67%	39.16%	-39.75%	48.90%	70.31%
Dividend Per Share	1.400	1.010	1.350	1.300	1.250
Dividend Growth	38.61%	-25.19%	3.85%	4.00%	-
Operating Margin	83.33%	79.95%	79.42%	66.14%	67.45%
Profit Margin	61.76%	62.95%	61.20%	82.28%	57.49%
EBITDA	56.64	52.04	37.68	39.14	37
EBITDA Margin	83.40%	79.96%	79.44%	67.37%	67.49%
D&A For Ebitda	0.04	0.01	0.01	0.72	0.02
EBIT	56.6	52.03	37.67	38.43	36.98
EBIT Margin	83.33%	79.95%	79.42%	66.14%	67.45%
Funds From Operations (FFO)	33.4	30.7	-	-	-
Adjusted Funds From Operations (AFFO)	33.4	30.7	-	-	-
FFO Payout Ratio	65.37%	67.40%	-	-	-
Effective Tax Rate	0.84%	0.40%	-	0.73%	-

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