WSE:CAV Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	203.98	132.28	94.32	72.69	40.45	59.02
Other Revenue	0.11	-0.08	46.35	19.44	65.67	-0.79
Total Revenue	204.09	132.2	140.67	92.13	106.12	58.23
Revenue Growth (YoY	94.24%	-6.02%	52.68%	-13.18%	82.25%	-
Property Expenses	92.97	58.13	100.91	51.47	40.64	24.62
Selling, General & Administrative	43.36	46.79	47.3	46.35	42.4	21.35
Other Operating Expenses	-1.51	0.01	8.62	2.4	8.19	0.35
Total Operating Expenses	134.82	104.93	156.82	100.23	91.22	46.32
Operating Income	69.27	27.27	-16.16	-8.1	14.9	11.91
Interest Expense	-107.64	-97.71	-81.24	-29.01	-25.47	-19.77
Interest & Investment Income	1.27	0.68	1.26	2.3	1.28	3.42
Currency Exchange Gain (Loss)	27.97	20.43	67.81	-23.38	-5.21	-22.12
Other Non-Operating Income	-26.66	-3.95	-2.31	-3.88	-7.38	-7.46
EBT Excluding Unusual Items	-35.79	-53.28	-30.65	-62.07	-21.89	-34.02
Asset Writedown	46.93	68.51	150.62	105.21	257.26	233.8
Total Legal Settlements	-2.87	-2.87	-6.42	-8.22	-	-
Pretax Income	9.19	12.36	113.56	34.92	235.38	199.78
Income Tax Expense	2.62	1.52	23.06	7.77	45.76	54.06
Net Income	6.58	10.84	90.5	27.15	189.62	145.71
Net Income to Common	6.58	10.84	90.5	27.15	189.62	145.71
Net Income Growth	-93.60%	-88.02%	233.37%	-85.68%	30.13%	-
Basic Shares Outstanding	25	25	25	25	21	17
Diluted Shares Outstanding	25	25	25	25	21	17
Shares Change (YoY)	-	-	0.14%	22.17%	19.46%	-
EPS (Basic)	0.26	0.43	3.56	1.07	9.16	8.38
EPS (Diluted)	0.26	0.43	3.56	1.07	9.12	8.38
EPS Growth	-93.60%	-88.02%	232.90%	-88.28%	8.89%	-
Operating Margin	33.94%	20.63%	-11.49%	-8.79%	14.04%	20.45%
Profit Margin	3.22%	8.20%	64.34%	29.47%	178.69%	250.25%
EBITDA	72.08	30.24	-13.16	-2.39	18.63	14.29
EBITDA Margin	35.32%	22.87%	-9.36%	-2.59%	17.55%	24.54%
D&A For Ebitda	2.81	2.97	3	5.71	3.73	2.38
EBIT	69.27	27.27	-16.16	-8.1	14.9	11.91
EBIT Margin	33.94%	20.63%	-11.49%	-8.79%	14.04%	20.45%
Effective Tax Rate	28.45%	12.28%	20.30%	22.25%	19.44%	27.06%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.