Wereldhave N.V. (FRA:WER)

Wereldhave Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	174.98	166.9	157.96	140.92	161.84	189.37
Other Revenue	28.56	25.22	26.2	21.75	28.93	31.03
Total Revenue	203.54	192.12	184.16	162.67	190.77	220.4
Revenue Growth (YoY	7.37%	4.32%	13.21%	-14.73%	-13.44%	-8.49%
Property Expenses	51.67	47.53	52.22	41.95	66.1	87.37
Selling, General & Administrative	19.52	20.35	24.17	22.92	18.89	14.19
Other Operating Expenses	0.64	0.07	0.64	3.37	0.21	0.18
Total Operating Expenses	71.84	67.95	77.02	68.24	85.2	101.74
Operating Income	131.7	124.17	107.14	94.43	105.57	118.66
Interest Expense	-38.09	-36.86	-31.02	-23.56	-24.76	-28.9
Interest & Investment Income	0.39	0.28	-	0.05	0.01	0.02
Currency Exchange Gain (Loss)	0.01	0.01	-0.06	0.11	0.07	-0.09
Other Non-Operating Income	-4.98	-4.28	-3.79	13.69	-1.2	7.47
EBT Excluding Unusual Items	89.02	83.32	72.27	84.73	79.69	97.16
Gain (Loss) on Sale of Assets	-0.51	-0.1	-0.14	-4.52	-228.44	0.2
Asset Writedown	14.12	52.9	17.46	-4.07	-65.88	-293.06
Pretax Income	102.63	136.12	89.59	76.14	-214.63	-195.7
Income Tax Expense	3.16	-3.64	0.28	0.13	-1.34	-1.48
Earnings From Continuing Operations	99.47	139.76	89.31	76.01	-213.29	-194.22
Net Income to Company	99.47	139.76	89.31	76.01	-213.29	-194.22
Minority Interest in Earnings	-10.82	-23.92	-9.89	-18.74	-12.96	7.29
Net Income	88.65	115.84	79.42	57.27	-226.25	-186.93
Net Income to Common	88.65	115.84	79.42	57.27	-226.25	-186.93
Net Income Growth	-12.40%	45.86%	38.69%	-	-	-
Basic Shares Outstanding	45	44	40	40	40	40
Diluted Shares Outstanding	45	44	40	40	40	40
Shares Change (YoY)	6.04%	8.24%	0.55%	0.05%	-0.16%	-0.10%
EPS (Basic)	1.99	2.65	1.97	1.43	-5.64	-4.65
EPS (Diluted)	1.98	2.65	1.97	1.43	-5.64	-4.65
EPS Growth	-17.50%	34.53%	37.84%	-	-	-
Dividend Per Share	1.250	1.250	1.200	1.160	1.100	0.500
Dividend Growth	4.17%	4.17%	3.45%	5.46%	120.00%	-73.55%
Operating Margin	64.70%	64.63%	58.18%	58.05%	55.34%	53.84%
Profit Margin	43.55%	60.30%	43.13%	35.20%	-118.60%	-84.81%
EBITDA	132	124.42	107.27	94.73	105.99	119.08
EBITDA Margin	64.85%	64.76%	58.25%	58.24%	55.56%	54.03%
D&A For Ebitda	0.3	0.25	0.14	0.3	0.42	0.42
EBIT	131.7	124.17	107.14	94.43	105.57	118.66
EBIT Margin	64.70%	64.63%	58.18%	58.05%	55.34%	53.84%
Effective Tax Rate	3.08%	-	0.31%	0.18%	-	-
Revenue as Reported	203.49	192.12	184.16	162.67	190.77	220.4

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