FRA:6N5 Income Statement

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

Millions EUR. 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
Rental Revenue	153.37	122.37	119.13	106.72	81.06	65.03
Other Revenue	21.92	20.02	20.88	17.3	12.7	9.35
Total Revenue	175.3	142.4	140.01	124.02	93.75	74.38
Revenue Growth (YoY	23.54%	1.71%	12.89%	32.28%	26.05%	23.57%
Property Expenses	30.31	25.91	25.28	24.41	17.43	12.98
Selling, General & Administrative	13.99	12.09	9.94	8.53	6.39	6.52
Total Operating Expenses	44.3	38	35.21	32.94	23.81	19.5
Operating Income	130.99	104.39	104.79	91.08	69.94	54.88
Interest Expense	-60.53	-53.73	-50.76	-30.82	-22.09	-18.29
Interest & Investment Income	1.82	2.12	0.83	0.09	0.04	0.03
Currency Exchange Gain (Loss)	-1.05	-0.95	-1.52	-1.94	0.47	-
Other Non-Operating Income	0.53	-10.07	-23.27	10.87	0.37	-3.49
EBT Excluding Unusual Items	71.76	41.76	30.07	69.28	48.72	33.13
Gain (Loss) on Sale of Assets	3.59	0.19	-0.13	0.06	-	-
Asset Writedown	-15.21	-44.71	-53.42	28.14	10.64	6.46
Other Unusual Items	22.68	-4.72	-	-	-	-
Pretax Income	73.73	-7.48	-23.47	97.49	59.37	39.59
Income Tax Expense	7.08	-2.72	-3.56	17.5	8	5
Net Income	66.64	-4.76	-19.92	79.99	51.37	34.6
Preferred Dividends & Other Adjustments	2.29	2.59	2.41	1.44	0.99	-
Net Income to Common	64.35	-7.35	-22.33	78.56	50.38	34.6
Net Income Growth	-	-	-	55.71%	48.48%	14.26%
Basic Shares Outstanding	74	59	54	47	40	36
Diluted Shares Outstanding	74	59	54	47	40	36
Shares Change (YoY)	28.28%	8.27%	14.81%	17.73%	10.49%	17.23%
EPS (Basic)	0.87	-0.12	-0.41	1.66	1.25	0.95
EPS (Diluted)	0.87	-0.12	-0.41	1.66	1.25	0.95
EPS Growth	-	-	-	32.46%	31.78%	-2.54%
Dividend Per Share	0.900	0.900	0.900	0.980	0.940	0.890
Dividend Growth	328.57%	-	-8.16%	4.25%	5.62%	5.95%
Operating Margin	74.73%	73.31%	74.85%	73.44%	74.60%	73.78%
Profit Margin	36.71%	-5.16%	-15.95%	63.34%	53.73%	46.51%
EBITDA	131.22	104.47	104.87	91.17	69.96	54.89
EBITDA Margin	74.86%	73.37%	74.91%	73.51%	74.61%	73.80%
D&A For Ebitda	0.22	0.08	0.08	0.09	0.01	0.02
EBIT	130.99	104.39	104.79	91.08	69.94	54.88
EBIT Margin	74.73%	73.31%	74.85%	73.44%	74.60%	73.78%
Effective Tax Rate	9.61%	-	-	17.95%	13.47%	12.62%

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