Special Closed-Ended Type Real Estate Investment Company INVL BALTIC REAL ESTATE (VSE:INR1L)

VSE:INR1L Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	3.88	3.99	3.63	3.41	2.73	3.9
Other Revenue	0.03	0.04	0.16	0	0.01	0.01
Total Revenue	3.9	4.03	3.79	3.41	2.74	3.92
Revenue Growth (YoY	-5.79%	6.36%	11.05%	24.52%	-29.99%	-33.71%
Property Expenses	2.33	1.6	1.07	2.15	1.43	2.36
Depreciation & Amortization	0.11	0.12	0.12	0.11	0.1	0.1
Other Operating Expenses	0.71	0.73	0.65	0.52	0.41	0.56
Total Operating Expenses	3.15	2.44	1.83	2.78	1.94	3.03
Operating Income	0.75	1.59	1.96	0.63	0.8	0.89
Interest Expense	-1.12	-1.27	-1.05	-0.38	-0.28	-0.48
Interest & Investment Income	0	0.01	0.01	0.01	0.02	0.03
Other Non-Operating Income	-	-	-0	-0	-	-
EBT Excluding Unusual Items	-0.36	0.33	0.92	0.27	0.54	0.43
Asset Writedown	5.26	2.45	-0.2	3.98	2.85	4.96
Pretax Income	4.89	2.78	0.72	4.25	3.39	5.39
Income Tax Expense	0.01	0.04	0.02	0.02	-0.01	-0.03
Net Income	4.88	2.74	0.7	4.22	3.4	5.42
Net Income to Common	4.88	2.74	0.7	4.22	3.4	5.42
Net Income Growth	290.95%	291.85%	-83.45%	24.27%	-37.24%	-48.04%
Basic Shares Outstanding	8	8	8	8	9	13
Diluted Shares Outstanding	8	8	8	8	9	13
Shares Change (YoY)	-0.70%	-0.04%	-	-11.82%	-30.40%	-0.11%
EPS (Basic)	0.61	0.34	0.09	0.52	0.37	0.41
EPS (Diluted)	0.61	0.34	0.09	0.52	0.37	0.41
EPS Growth	293.71%	291.99%	-83.45%	40.94%	-9.82%	-47.98%
Dividend Per Share	0.090	0.090	0.090	0.090	0.120	0.120
Dividend Growth	-	-	-	-25.00%	-	-92.26%
Operating Margin	19.24%	39.44%	51.69%	18.55%	29.11%	22.61%
Profit Margin	125.01%	67.95%	18.44%	123.76%	124.01%	138.34%
EBITDA	0.86	1.71	2.08	0.74	0.9	0.99
EBITDA Margin	22.14%	42.30%	54.75%	21.77%	32.91%	25.24%
D&A For Ebitda	0.11	0.12	0.12	0.11	0.1	0.1
EBIT	0.75	1.59	1.96	0.63	0.8	0.89
EBIT Margin	19.24%	39.44%	51.69%	18.55%	29.11%	22.61%
Effective Tax Rate	0.24%	1.37%	2.51%	0.50%	-	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.