TSX:ERE.UN Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Property Revenue	38.42	92.97	95.68	89.25	76.87
Revenue	38.42	92.97	95.68	89.25	76.87
Revenue Growth (YoY)	-58.67%	-2.84%	7.21%	16.11%	10.01%
Property Expenses	9.4	17.43	17.88	17.84	15.16
Total Property Expenses	9.4	17.43	17.88	17.84	15.16
Property Taxes	1.32	2.68	2.67	2.44	2.19
Gross Profit	27.7	72.87	75.13	68.98	59.52
Selling, General & Admin	4.87	8.64	9.06	9.67	8.95
Other Operating Expenses	11.08	4.62	2.77	10.54	-
Operating Income	11.76	59.6	63.31	48.77	50.57
Interest Expense	-140.56	-183.55	-39.75	-33.21	-28.01
Other Non-Operating Income (Expense)	71.71	85.49	-191.38	94.14	129.32
Total Non-Operating Income (Expense)	-68.85	-98.05	-231.13	60.93	101.31
Pretax Income	-57.09	-38.45	-167.82	109.7	151.88
Provision for Income Taxes	26.83	51.68	-107.18	7.05	-55.74
Net Income	-83.93	-90.13	-60.64	102.65	207.62
Net Income to Common	-83.93	-90.13	-60.64	102.65	207.62
Net Income Growth	-	-	-	-50.56%	74.98%
Shares Outstanding (Basic)	235	234	233	232	231
Shares Outstanding (Diluted)	235	234	233	232	231
Shares Change (YoY)	0.33%	0.60%	0.47%	0.25%	0.19%
EPS (Basic)	-0.36	0.15	0.16	0.17	0.90
EPS (Diluted)	-0.36	0.15	0.16	0.17	0.90
EPS Growth	-	-4.35%	-4.73%	-81.18%	74.64%
Free Cash Flow	11.54	44.09	35.31	-54.18	-136.93
Free Cash Flow Growth	-73.83%	24.85%	-	-	-
Free Cash Flow Per Share	0.05	0.19	0.15	-0.23	-0.59
Dividends Per Share	0.040	0.120	0.120	0.118	0.109
Dividend Growth	-66.67%	-	1.70%	8.26%	3.81%
Gross Margin	72.09%	78.38%	78.52%	77.29%	77.42%
Operating Margin	30.60%	64.11%	66.17%	54.64%	65.78%
Profit Margin	-218.44%	-96.94%	-63.38%	115.01%	270.09%
FCF Margin	30.02%	47.42%	36.90%	-60.70%	-178.13%
EBITDA	11.76	59.6	63.31	48.77	50.57
EBIT	11.76	59.6	63.31	48.77	50.57
EBIT Margin	30.60%	64.11%	66.17%	54.64%	65.78%
Effective Tax Rate	-47.00%	-134.40%	63.87%	6.43%	-36.70%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.