AB INVL Baltic Farmland (VSE: INL1L)

AB INVL Baltic Farmland 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	0.83	0.79	0.72	0.67	0.65	0.65
Other Revenue	0.01	0.01	0.01	0.02	0.02	0.02
Total Revenue	0.84	0.8	0.73	0.69	0.67	0.67
Revenue Growth (YoY	9.58%	9.75%	5.66%	3.61%	0%	4.89%
Property Expenses	0.21	0.21	0.19	0.2	0.23	0.07
Selling, General & Administrative	0.12	0.12	0.13	0.07	0.06	0.06
Other Operating Expenses	-0	0.02	0.02	0.02	0.01	0.02
Total Operating Expenses	0.35	0.37	0.34	0.29	0.3	0.19
Operating Income	0.48	0.43	0.39	0.4	0.37	0.48
EBT Excluding Unusual Items	0.48	0.43	0.39	0.4	0.37	0.48
Asset Writedown	2.66	2.66	1.92	1.26	0.68	0.86
Pretax Income	3.15	3.09	2.31	1.66	1.05	1.34
Income Tax Expense	0.47	0.45	0.34	0.24	0.15	0.21
Net Income	2.67	2.64	1.97	1.41	0.9	1.14
Net Income to Common	2.67	2.64	1.97	1.41	0.9	1.14
Net Income Growth	56.90%	34.30%	39.48%	57.65%	-21.21%	2.07%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
EPS (Basic)	0.83	0.82	0.61	0.44	0.28	0.35
EPS (Diluted)	0.83	0.82	0.61	0.44	0.28	0.35
EPS Growth	56.90%	34.30%	39.48%	57.65%	-21.21%	2.07%
Dividend Per Share	-	0.120	0.150	0.240	0.150	0.100
Dividend Growth	-	-20.00%	-37.50%	60.00%	50.00%	0%
Operating Margin	57.72%	53.82%	53.30%	57.91%	55.04%	71.73%
Profit Margin	320.00%	330.79%	270.33%	204.79%	134.59%	170.83%
Free Cash Flow Margin	-	41.68%	50.00%	46.15%	70.23%	33.23%
EBIT	0.48	0.43	0.39	0.4	0.37	0.48
EBIT Margin	57.72%	53.82%	53.30%	57.91%	55.04%	71.73%
Effective Tax Rate	15.07%	14.58%	14.81%	14.74%	14.68%	15.29%

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