ARGO Properties N.V. (TLV:ARGO)

ARGO Properties 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	27.24	25.03	21.39	16.6	11.33	7.26
Property Management Fees	10.05	9.19	8	6.1	3.6	2.49
Total Revenue	44.2	34.23	29.38	22.7	14.92	9.74
Revenue Growth (YoY	28.51%	16.48%	29.47%	52.07%	53.16%	66.68%
Property Expenses	14.35	13.12	11.79	9.36	5.64	3.65
Selling, General & Administrative	6.43	8.7	6.44	5.65	4.21	1.96
Other Operating Expenses	7.51	2.51	-	-	-	-
Total Operating Expenses	28.29	24.33	18.23	15.01	9.85	5.61
Operating Income	15.92	9.9	11.16	7.69	5.08	4.13
Interest Expense	-11.68	-10.7	-8.33	-5.56	-2.08	-1.25
Interest & Investment Income	0.81	0.81	0.69	0.03	-	-
EBT Excluding Unusual Items	5.05	0.01	3.52	2.16	3	2.88
Gain (Loss) on Sale of Investments	-4.43	-2.6	2.4	3.22	2.34	-1.39
Gain (Loss) on Sale of Assets	2.26	3.52	-	-	-	-
Asset Writedown	64.25	41.82	-56.82	27.02	63.74	25.37
Pretax Income	67.13	42.74	-50.9	32.4	69.08	26.86
Income Tax Expense	0.52	7.56	-7.41	5.13	10.25	4.19
Net Income	66.61	35.18	-43.5	27.28	58.83	22.66
Net Income to Common	66.61	35.18	-43.5	27.28	58.83	22.66
Net Income Growth	-	-	-	-53.64%	159.61%	15.18%
Basic Shares Outstanding	21	19	18	18	17	13
Diluted Shares Outstanding	22	20	18	19	19	13
Shares Change (YoY)	24.69%	11.24%	-2.69%	-0.49%	39.85%	53.82%
EPS (Basic)	3.21	1.87	-2.40	1.51	3.46	1.70
EPS (Diluted)	2.96	1.75	-2.40	1.47	3.15	1.69
EPS Growth	-	-	-	-53.33%	86.39%	-25.22%
Operating Margin	36.00%	28.91%	37.97%	33.87%	34.03%	42.38%
Profit Margin	150.68%	102.80%	-148.02%	120.18%	394.21%	232.57%
EBIT	15.92	9.9	11.16	7.69	5.08	4.13
EBIT Margin	36.00%	28.91%	37.97%	33.87%	34.03%	42.38%
Effective Tax Rate	0.78%	17.69%	-	15.82%	14.83%	15.62%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.