Echo Investment Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Revenue	1,494	1,212	1,671	1,463	1,556	1,203
Total Revenue	1,494	1,212	1,671	1,463	1,556	1,203
Revenue Growth (YoY	-18.42%	-27.43%	14.19%	-5.98%	29.32%	38.71%
Property Expenses	937.01	718.17	1,086	901.91	1,133	969.02
Selling, General & Administrative	282.3	261.48	217.29	205.69	206.67	132.31
Other Operating Expenses	12.69	-5.83	18.73	3.21	9.47	2.71
Total Operating Expenses	1,232	973.81	1,322	1,111	1,349	1,104
Operating Income	261.63	238.61	348.81	352.17	207.3	99.25
Interest Expense	-219.31	-228.32	-190.04	-162.77	-104.63	-57.12
Interest & Investment Income	32.85	47.94	24.84	26.66	15.05	7.1
Currency Exchange Gain (Loss)	0.35	21.07	68.23	-20.88	8.21	-105.08
Other Non-Operating Income	-2.73	-0.76	3.48	36.18	5.71	-10.49
EBT Excluding Unusual Items	72.79	78.54	255.32	231.36	131.65	-66.34
Gain (Loss) on Sale of Investments	10.38	10.38	-	-	4.89	3.56
Gain (Loss) on Sale of Assets	-6.93	-6.93	8.16	-37.69	-8.25	-11.61
Asset Writedown	-150.97	1.63	-85.16	26.1	85.03	251.01
Other Unusual Items	-	-	-	-0.77	48.58	-
Pretax Income	-74.73	83.62	178.32	219	261.89	176.61
Income Tax Expense	75.19	68	60.46	62.46	56.46	54.52
Earnings From Continuing Operations	-149.93	15.62	117.86	156.55	205.43	122.09
Minority Interest in Earnings	-8.92	-29.8	-50.44	-29.4	-16.51	0
Net Income	-158.85	-14.18	67.43	127.15	188.92	122.09
Net Income to Common	-158.85	-14.18	67.43	127.15	188.92	122.09
Net Income Growth	-	-	-46.97%	-32.70%	54.74%	-59.24%
Basic Shares Outstanding	413	413	413	413	413	413
Diluted Shares Outstanding	413	413	413	413	413	413
EPS (Basic)	-0.38	-0.03	0.16	0.31	0.46	0.30
EPS (Diluted)	-0.38	-0.03	0.16	0.31	0.46	0.30
EPS Growth	-	-	-48.07%	-32.70%	54.74%	-59.24%
Dividend Per Share	0.800	-	0.220	0.220	0.440	0.250
Dividend Growth	-	-	-	-50.00%	76.00%	-50.00%
Operating Margin	17.52%	19.68%	20.88%	24.07%	13.32%	8.25%
Profit Margin	-10.63%	-1.17%	4.04%	8.69%	12.14%	10.15%
EBITDA	269.71	244.51	354.48	358.36	212.05	105.48
EBITDA Margin	18.06%	20.17%	21.22%	24.50%	13.63%	8.77%
D&A For Ebitda	8.08	5.9	5.68	6.19	4.74	6.23
EBIT	261.63	238.61	348.81	352.17	207.3	99.25
EBIT Margin	17.52%	19.68%	20.88%	24.07%	13.32%	8.25%
Effective Tax Rate	-	81.32%	33.90%	28.52%	21.56%	30.87%

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