Varia US Properties AG (SWX:VARN)

Varia US Properties AG Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	98.32	108.56	123.99	126.55	107.92
Other Revenue	15.77	16.88	18.95	16.91	13.07
Total Revenue	114.09	125.43	142.94	143.46	120.99
Revenue Growth (YoY	-9.04%	-12.25%	-0.36%	18.58%	10.51%
Property Expenses	56.16	59.58	67.96	67.01	56.48
Selling, General & Administrative	2.06	2.56	2.44	1.8	1.33
Other Operating Expenses	14.44	13.8	16.31	15.56	11.18
Total Operating Expenses	72.66	75.94	86.71	84.38	69
Operating Income	41.43	49.5	56.23	59.08	51.99
Interest Expense	-39.01	-41.55	-47.23	-44.01	-30.04
Interest & Investment Income	0.72	1.11	1.25	-	-
Currency Exchange Gain (Loss)	-8.09	4.58	-7.18	0.46	0.18
Other Non-Operating Income	-4.59	-4.31	-15.52	-15.8	-13.86
EBT Excluding Unusual Items	-9.54	9.32	-12.44	-0.26	8.26
Total Insurance Settlements	0.65	2.86	6.8	0.59	1.62
Asset Writedown	-33.98	-35.61	-174.26	153.69	197.37
Other Unusual Items	-	-	-0.65	-2.05	-2.76
Pretax Income	-42.86	-23.43	-180.55	151.98	204.5
Income Tax Expense	-11.11	-5.91	-41.54	29.38	48.49
Earnings From Continuing Operations	-31.75	-17.51	-139.01	122.6	156.01
Net Income	-31.75	-17.51	-139.01	122.6	156.01
Net Income to Common	-31.75	-17.51	-139.01	122.6	156.01
Net Income Growth	-	-	-	-21.41%	339.27%
Basic Shares Outstanding	10	10	10	10	10
Diluted Shares Outstanding	10	10	10	10	10
Shares Change (YoY)	-	-	-	-	11.36%
EPS (Basic)	-3.14	-1.73	-13.73	12.11	15.41
EPS (Diluted)	-3.14	-1.73	-13.73	12.11	15.41
EPS Growth	-	-	-	-21.41%	294.48%
Dividend Per Share	-	-	2.375	3.461	2.742
Dividend Growth	-	-	-31.37%	26.19%	-6.68%
Operating Margin	36.32%	39.46%	39.34%	41.18%	42.97%
Profit Margin	-27.83%	-13.96%	-97.25%	85.46%	128.95%
EBIT	41.43	49.5	56.23	59.08	51.99
EBIT Margin	36.32%	39.46%	39.34%	41.18%	42.97%
Funds From Operations (FFO)	-1.7	15.3	10.6	18.6	22.6
Adjusted Funds From Operations (AFFO)	-1.7	15.3	10.6	18.6	22.6
Effective Tax Rate	-	-	-	19.33%	23.71%
Revenue as Reported	81.48	93.8	-23.26	297.75	319.98

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