Novavest Real Estate AG (SWX: NREN)

Novavest Real Estate AG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	29.7	29.86	29.16	26.73	24.28	21.46
Revenue Growth (YoY)	-1.69%	2.40%	9.08%	10.10%	13.14%	10.49%
Cost of Revenue	4.79	5.19	4.87	4.52	3.56	2.88
Gross Profit	24.9	24.67	24.29	22.21	20.72	18.57
Selling, General & Admin	4.77	4.87	5.27	4.68	4.38	3.97
Other Operating Expenses	0.08	0.31	0.26	0.16	0.39	0.46
Operating Expenses	4.85	5.18	5.52	4.84	6.94	5.35
Operating Income	20.05	19.49	18.76	17.37	13.78	13.22
Interest Expense	-5.2	-4.65	-3.12	-2.86	-2.86	-2.76
Interest & Investment Income	0.05	0.04	0.02	0.25	0.36	0.28
Other Non Operating Income (Expenses)	-0	-0	-0	-0.01	0.62	0.73
EBT Excluding Unusual Items	14.89	14.88	15.66	14.76	11.9	11.47
Gain (Loss) on Sale of Assets	0.04	0.54	-	-	0.15	-
Asset Writedown	-11.96	-20.59	11.94	21.77	8.32	6.59
Pretax Income	2.98	-5.17	27.6	36.53	20.37	18.07
Income Tax Expense	0.37	-1.2	5.2	7.22	2.53	3.76
Earnings From Continuing Operations	2.61	-3.97	22.4	29.31	17.84	14.31
Net Income	2.61	-3.97	22.4	29.31	17.84	14.31
Net Income to Common	2.61	-3.97	22.4	29.31	17.84	14.31
Net Income Growth	-73.10%	-	-23.56%	64.26%	24.71%	19.87%
Shares Outstanding (Basic)	8	8	8	7	6	5
Shares Outstanding (Diluted)	8	8	8	7	6	5
Shares Change (YoY)	1.38%	-	4.35%	14.31%	24.07%	1.18%
EPS (Basic)	0.33	-0.51	2.91	3.97	2.76	2.75
EPS (Diluted)	0.33	-0.51	2.91	3.97	2.76	2.75
EPS Growth	-73.47%	-	-26.74%	43.70%	0.52%	18.47%
Free Cash Flow	16.08	13.81	15.95	15.73	12.22	11.86
Free Cash Flow Per Share	2.06	1.79	2.07	2.13	1.89	2.28
Dividend Per Share	1.250	1.250	1.250	1.650	1.650	1.650
Dividend Growth	0%	0%	-24.24%	0%	0%	0%
Gross Margin	83.86%	82.62%	83.29%	83.08%	85.34%	86.56%
Operating Margin	67.52%	65.28%	64.34%	64.99%	56.75%	61.62%
Profit Margin	8.78%	-13.29%	76.83%	109.63%	73.49%	66.67%
Free Cash Flow Margin	54.17%	46.25%	54.69%	58.86%	50.34%	55.25%
EBITDA	27.15	27.39	28.26	26.77	15.95	14.15
EBITDA Margin	91.43%	91.74%	96.92%	100.16%	65.70%	65.93%
D&A For EBITDA	7.1	7.9	9.5	9.4	2.17	0.93
EBIT	20.05	19.49	18.76	17.37	13.78	13.22
EBIT Margin	67.52%	65.28%	64.34%	64.99%	56.75%	61.62%
Effective Tax Rate	12.47%	-	18.84%	19.77%	12.41%	20.81%
Revenue as Reported	29.74	30.4	29.16	26.73	24.43	21.46

Source: S&P Capital IQ. Standard template. Financial Sources.