ARGO Properties N.V. (TLV: ARGO)

ARGO Properties Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	24.27	21.39	16.6	11.33	7.26	4.34
Property Management Fees	8.8	8	6.1	3.6	2.49	1.51
Total Revenue	33.06	29.38	22.7	14.92	9.74	5.85
Revenue Growth (YoY	16.78%	29.47%	52.07%	53.16%	66.68%	127.65%
Property Expenses	12.4	11.79	9.36	5.64	3.65	2.17
Selling, General & Administrative	8.38	6.44	5.65	4.21	1.96	1.78
Total Operating Expenses	22.66	18.23	15.01	9.85	5.61	3.95
Operating Income	10.4	11.16	7.69	5.08	4.13	1.9
Interest Expense	-9.81	-8.33	-5.56	-2.08	-1.25	-0.96
Interest & Investment Income	0.69	0.69	0.03	-	-	-
EBT Excluding Unusual Items	1.28	3.52	2.16	3	2.88	0.94
Gain (Loss) on Sale of Investments	-0.31	2.4	3.22	2.34	-1.39	-0.6
Gain (Loss) on Sale of Assets	2.6	-	-	-	-	-
Asset Writedown	-6.42	-56.82	27.02	63.74	25.37	22.86
Pretax Income	-2.86	-50.9	32.4	69.08	26.86	23.2
Income Tax Expense	0.21	-7.41	5.13	10.25	4.19	3.52
Net Income	-3.06	-43.5	27.28	58.83	22.66	19.68
Net Income to Common	-3.06	-43.5	27.28	58.83	22.66	19.68
Net Income Growth	-	-	-53.64%	159.61%	15.18%	-45.39%
Basic Shares Outstanding	18	18	18	17	13	9
Diluted Shares Outstanding	18	18	19	19	13	9
Shares Change (YoY)	-0.46%	-2.69%	-0.49%	39.85%	53.82%	189.65%
EPS (Basic)	-0.17	-2.40	1.51	3.46	1.70	2.28
EPS (Diluted)	-0.17	-2.40	1.47	3.15	1.69	2.26
EPS Growth	-	-	-53.33%	86.39%	-25.22%	-81.17%
Operating Margin	31.46%	37.97%	33.87%	34.03%	42.39%	32.47%
Profit Margin	-9.27%	-148.02%	120.18%	394.21%	232.57%	336.55%
Free Cash Flow Margin	46.59%	43.90%	38.96%	49.90%	51.24%	28.29%
EBIT	10.4	11.16	7.69	5.08	4.13	1.9
EBIT Margin	31.46%	37.97%	33.87%	34.03%	42.38%	32.47%
Effective Tax Rate	-	-	15.82%	14.83%	15.62%	15.18%

Source: S&P Capital IQ. Real Estate template. Financial Sources.