Aedifica NV/SA 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	360.95	338.14	314.17	273.13	232.12
Tenant Reimbursements	8.61	8.97	7.19	3.93	4.24
Other Revenue	-0.63	-0.57	-0.26	2.17	6.37
Total Revenue	368.94	346.54	321.11	279.23	242.73
Revenue Growth (YoY	6.46%	7.92%	15.00%	15.04%	35.91%
Property Expenses	21.01	20.95	19.65	14.43	13.42
Selling, General & Administrative	34.72	32.94	34.29	31.5	27.99
Other Operating Expenses	1.76	2.97	1.62	1.46	1.63
Total Operating Expenses	57.49	56.85	55.56	47.39	43.04
Operating Income	311.45	289.69	265.55	231.84	199.7
Interest Expense	-50.24	-83.39	-72.63	-25.1	-18.59
Interest & Investment Income	1.62	0.32	2.18	1.3	0.3
Currency Exchange Gain (Loss)	-	-	0.4	-2.02	-0.52
Other Non-Operating Income	-5.68	32.16	22.87	-10.42	-13.35
EBT Excluding Unusual Items	257.15	238.78	218.38	195.6	167.54
Impairment of Goodwill	-27.62	-30.24	-26.07	-18.1	-3.54
Gain (Loss) on Sale of Investments	-9.57	-18.71	-50.88	123.24	14.81
Gain (Loss) on Sale of Assets	-11.67	0.37	-0.86	0.79	0.53
Asset Writedown	75.4	15.2	-143.64	84.88	160.21
Pretax Income	283.7	205.41	-3.07	386.41	339.55
Income Tax Expense	38.58	0.31	-25.62	54.68	56.73
Earnings From Continuing Operations	245.12	205.09	22.55	331.73	282.83
Minority Interest in Earnings	-0.69	-0.26	1.98	0.05	-1
Net Income	244.43	204.83	24.54	331.78	281.82
Net Income to Common	244.43	204.83	24.54	331.78	281.82
Net Income Growth	19.33%	734.85%	-92.61%	17.72%	144.26%
Basic Shares Outstanding	48	48	44	38	35
Diluted Shares Outstanding	48	48	44	38	35
Shares Change (YoY)	-	8.79%	14.67%	9.55%	31.06%
EPS (Basic)	5.14	4.31	0.56	8.71	8.10
EPS (Diluted)	5.14	4.31	0.56	8.71	8.10
EPS Growth	19.32%	669.23%	-93.57%	7.47%	86.35%
Dividend Per Share	4.000	3.900	3.800	3.700	3.400
Dividend Growth	2.56%	2.63%	2.70%	8.82%	10.87%
Operating Margin	84.42%	83.59%	82.70%	83.03%	82.27%
Profit Margin	66.25%	59.11%	7.64%	118.82%	116.10%
EBITDA	314.35	292.59	269.2	235.33	200.53
EBITDA Margin	85.20%	84.43%	83.84%	84.28%	82.62%
D&A For Ebitda	2.9	2.9	3.65	3.49	0.84
EBIT	311.45	289.69	265.55	231.84	199.7
EBIT Margin	84.42%	83.59%	82.70%	83.03%	82.27%
Effective Tax Rate	13.60%	0.15%	-	14.15%	16.71%

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