FRA:TI9 Income Statement

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

Millions USD. 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	46.08	44.76	47.02	34.08	37.81	51.91
Other Revenue	2.6	3.02	3.94	470.67	17.5	4.59
Total Revenue	48.68	47.78	50.97	504.75	55.31	56.5
Revenue Growth (YoY	-2.30%	-6.25%	-89.90%	812.66%	-2.12%	24.74%
Property Expenses	26.88	27.06	27.9	18.34	20.86	24.36
Selling, General & Administrative	14.73	13.51	18.36	17.92	24.21	17.94
Depreciation & Amortization	11.73	12.28	13.65	9.69	11.87	14.76
Total Operating Expenses	53.34	52.84	59.9	45.94	56.94	57.05
Operating Income	-4.67	-5.07	-8.93	458.8	-1.63	-0.55
Interest Expense	-7.01	-7.64	-9.29	-17.32	-22.98	-29.37
Interest & Investment Income	18	21.89	30.02	24.25	17.95	18.66
Currency Exchange Gain (Loss)	-	-	0.99	20.07	-6.18	-13.38
EBT Excluding Unusual Items	6.33	9.18	12.79	485.8	-12.84	-24.64
Gain (Loss) on Sale of Assets	5	-0.59	-1.89	89.2	23.35	32.11
Other Unusual Items	-	-	-1.71	-2.81	-1.45	-
Pretax Income	11.33	8.59	9.19	572.19	9.07	7.47
Income Tax Expense	5.05	1.93	1.94	103.19	-1.01	0
Earnings From Continuing Operations	6.29	6.66	7.25	469	10.08	7.46
Net Income to Company	6.29	6.66	7.25	469	10.08	7.46
Minority Interest in Earnings	-0.67	-0.8	-1.31	-0.74	-0.68	-0.8
Net Income	5.62	5.86	5.94	468.26	9.4	6.67
Net Income to Common	5.62	5.86	5.94	468.26	9.4	6.67
Net Income Growth	75.98%	-1.26%	-98.73%	4882.57%	40.92%	-
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	-	-	-	-	-	-0.90%
EPS (Basic)	0.65	0.68	0.69	54.20	1.09	0.77
EPS (Diluted)	0.65	0.68	0.69	54.20	1.09	0.77
EPS Growth	75.87%	-1.26%	-98.73%	4882.46%	40.92%	-
Operating Margin	-9.58%	-10.60%	-17.53%	90.90%	-2.95%	-0.97%
Profit Margin	11.54%	12.27%	11.65%	92.77%	16.99%	11.80%
EBITDA	7.13	7.47	5.64	471.92	13.4	18.03
EBITDA Margin	14.64%	15.63%	11.06%	93.50%	24.22%	31.91%
D&A For Ebitda	11.79	12.53	14.57	13.11	15.03	18.58
EBIT	-4.67	-5.07	-8.93	458.8	-1.63	-0.55
EBIT Margin	-9.58%	-10.60%	-17.53%	90.90%	-2.95%	-0.97%
Funds From Operations (FFO)	18.29	19.82	21.66	33.96	26.17	24
Adjusted Funds From Operations (AFFO)	-	19.82	22.38	31.95	33.79	37.37
Effective Tax Rate	44.54%	22.47%	21.10%	18.03%	-	0.05%
Revenue as Reported	48.79	47.07	49.91	36.66	40.77	57.02

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