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	Jun '26 Jun 30, 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	30.01	28.08	25.03	21.39	16.6	11.33
Property Management Fees	13.07	10.64	9.19	8	6.1	3.6
Other Revenue	21.04	11.45	3.52	-	-	-
Total Revenue	64.11	50.16	37.75	29.38	22.7	14.92
Revenue Growth (YoY	48.16%	32.89%	28.46%	29.47%	52.07%	53.16%
Property Expenses	34.04	24.27	15.63	11.79	9.36	5.64
Selling, General & Administrative	6.16	5.58	8.7	6.44	5.65	4.21
Total Operating Expenses	40.19	29.86	24.33	18.23	15.01	9.85
Operating Income	23.92	20.31	13.42	11.16	7.69	5.08
Interest Expense	-15.88	-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	0.11	0.11	-	-	-	-
EBT Excluding Unusual Items	9.92	8.64	3.53	3.52	2.16	3
Gain (Loss) on Sale of Investments	-6.87	-1.26	-2.6	2.4	3.22	2.34
Asset Writedown	71.14	58.55	41.82	-56.82	27.02	63.74
Pretax Income	73.47	65.93	42.74	-50.9	32.4	69.08
Income Tax Expense	-3.27	-1.4	7.56	-7.41	5.13	10.25
Net Income	76.74	67.32	35.18	-43.5	27.28	58.83
Net Income to Common	76.74	67.32	35.18	-43.5	27.28	58.83
Net Income Growth	56.38%	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	4.64%	13.71%	11.24%	-2.69%	-0.49%	39.85%
EPS (Basic)	3.49	3.16	1.87	-2.40	1.51	3.46
EPS (Diluted)	3.33	2.94	1.75	-2.40	1.47	3.15
EPS Growth	49.27%	68.00%	-	-	-53.33%	86.39%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Margin	37.31%	40.48%	35.54%	37.97%	33.87%	34.03%
Profit Margin	119.69%	134.21%	93.21%	-148.02%	120.18%	394.21%
EBIT	23.92	20.31	13.42	11.16	7.69	5.08
EBIT Margin	37.31%	40.48%	35.54%	37.97%	33.87%	34.03%
Effective Tax Rate	-	-	17.69%	-	15.82%	14.83%