ARGO Properties Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	29	28.08	25.03	21.39	16.6	11.33
Property Management Fees	12.18	10.64	9.19	8	6.1	3.6
Other Revenue	17.1	11.45	3.52	-	-	-
Total Revenue	58.28	50.16	37.75	29.38	22.7	14.92
Revenue Growth (YoY	41.90%	32.89%	28.46%	29.47%	52.07%	53.16%
Property Expenses	30.01	24.27	15.63	11.79	9.36	5.64
Selling, General & Administrative	5.84	5.58	8.7	6.44	5.65	4.21
Total Operating Expenses	35.85	29.86	24.33	18.23	15.01	9.85
Operating Income	22.44	20.31	13.42	11.16	7.69	5.08
Interest Expense	-15	-13.55	-10.7	-8.33	-5.56	-2.08
Interest & Investment Income	1.78	1.78	0.81	0.69	0.03	-
Other Non-Operating Income	-0.32	0.11	-	-	-	-
EBT Excluding Unusual Items	8.9	8.64	3.53	3.52	2.16	3
Gain (Loss) on Sale of Investments	-3.03	-1.26	-2.6	2.4	3.22	2.34
Asset Writedown	61.42	58.55	41.82	-56.82	27.02	63.74
Pretax Income	67.29	65.93	42.74	-50.9	32.4	69.08
Income Tax Expense	-2.12	-1.4	7.56	-7.41	5.13	10.25
Net Income	69.41	67.32	35.18	-43.5	27.28	58.83
Net Income to Common	69.41	67.32	35.18	-43.5	27.28	58.83
Net Income Growth	52.96%	91.35%	-	-	-53.64%	159.61%
Basic Shares Outstanding	22	21	19	18	18	17
Diluted Shares Outstanding	23	23	20	18	19	19
Shares Change (YoY)	9.78%	13.71%	11.24%	-2.69%	-0.49%	39.85%
EPS (Basic)	3.20	3.16	1.87	-2.40	1.51	3.46
EPS (Diluted)	3.01	2.94	1.75	-2.40	1.47	3.15
EPS Growth	39.17%	68.00%	-	-	-53.33%	86.39%
Operating Margin	38.50%	40.48%	35.54%	37.97%	33.87%	34.03%
Profit Margin	119.09%	134.21%	93.21%	-148.02%	120.18%	394.21%
EBIT	22.44	20.31	13.42	11.16	7.69	5.08
EBIT Margin	38.50%	40.48%	35.54%	37.97%	33.87%	34.03%
Effective Tax Rate	-	-	17.69%	-	15.82%	14.83%