Irish Residential Properties REIT Plc (ISE:IRES)

ISE:IRES Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	85.27	87.85	84.86	79.74	74.74
Total Revenue	85.27	87.85	84.86	79.74	74.74
Revenue Growth (YoY	-2.94%	3.53%	6.41%	6.69%	20.37%
Property Expenses	19.82	19.94	19.12	16.7	19.41
Selling, General & Administrative	11.94	11.75	11.41	11.05	5.06
Depreciation & Amortization	0.59	0.54	0.54	0.52	0.53
Total Operating Expenses	32.65	32.38	31.18	28.55	25.32
Operating Income	52.62	55.48	53.68	51.2	49.42
Interest Expense	-27.67	-29.63	-18.05	-14.95	-13.01
Currency Exchange Gain (Loss)	-4.52	2.22	-4.23	-4.5	0.66
Other Non-Operating Income	8.4	0.59	5.29	5.39	-
EBT Excluding Unusual Items	28.84	28.66	36.69	37.14	37.07
Gain (Loss) on Sale of Assets	1.62	-0.42	2.8	0.91	4.43
Asset Writedown	-33.75	-141.79	-45.6	34.93	19.09
Other Unusual Items	-3.41	-0.94	-5.75	-5.43	-2.33
Pretax Income	-6.7	-114.49	-11.86	67.55	58.26
Income Tax Expense	-0.02	1.52	-0.04	-	-
Net Income	-6.68	-116.01	-11.82	67.55	58.26
Net Income to Common	-6.68	-116.01	-11.82	67.55	58.26
Net Income Growth	-	-	-	15.93%	-32.47%
Basic Shares Outstanding	530	530	530	527	522
Diluted Shares Outstanding	530	530	531	528	524
Shares Change (YoY)	-	-0.26%	0.53%	0.76%	8.85%
EPS (Basic)	-0.01	-0.22	-0.02	0.13	0.11
EPS (Diluted)	-0.01	-0.22	-0.02	0.13	0.11
EPS Growth	-	-	-	15.31%	-37.99%
Dividend Per Share	0.041	0.044	0.051	0.060	0.060
Dividend Growth	-8.31%	-12.92%	-14.69%	0.34%	2.93%
Operating Margin	61.71%	63.15%	63.26%	64.20%	66.12%
Profit Margin	-7.83%	-132.05%	-13.93%	84.70%	77.95%
EBITDA	52.67	55.51	53.71	51.21	49.44
EBITDA Margin	61.76%	63.18%	63.29%	64.22%	66.15%
D&A For Ebitda	0.04	0.03	0.03	0.01	0.02
EBIT	52.62	55.48	53.68	51.2	49.42
EBIT Margin	61.71%	63.15%	63.26%	64.20%	66.12%

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