Develia Income Statement

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

Millions PLN. 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
Rental Revenue	10.1	12.12	34.87	54.35	88.9
Other Revenue	2,067	1,796	1,571	1,012	821.97
Total Revenue	2,077	1,808	1,606	1,067	910.87
Revenue Growth (YoY	14.85%	12.61%	50.53%	17.12%	76.14%
Property Expenses	1,341	1,183	1,119	705.95	573.83
Selling, General & Administrative	210.97	150.81	134.72	75.24	65.85
Other Operating Expenses	-7.22	6.79	-4.03	-5.66	-2.6
Total Operating Expenses	1,545	1,341	1,250	775.53	637.07
Operating Income	532.4	467.85	355.95	291.29	273.8
Interest Expense	-16.61	-12.71	-22.1	-14.29	-17.66
Interest & Investment Income	-	18.42	23.87	9.48	0.02
Income (Loss) on Equity Investments	14.19	-	-	-	-
Currency Exchange Gain (Loss)	-	-0.64	5.73	-12.37	1.3
Other Non-Operating Income	17.42	3.43	6.2	2.17	-2.94
EBT Excluding Unusual Items	547.39	476.36	369.64	276.28	254.52
Gain (Loss) on Sale of Assets	-	-	0.8	1.08	-0.01
Asset Writedown	-6.24	4.74	-28.79	-2.13	-51.31
Total Legal Settlements	-	-3.79	-0.63	-3.09	-1.5
Pretax Income	541.15	477.31	341.03	272.14	201.7
Income Tax Expense	98.53	98.17	65.64	41.2	47.75
Earnings From Continuing Operations	442.62	379.14	275.39	230.94	153.95
Minority Interest in Earnings	-	1.13	0.24	0	-
Net Income	442.62	380.27	275.62	230.94	153.95
Net Income to Common	442.62	380.27	275.62	230.94	153.95
Net Income Growth	16.40%	37.97%	19.35%	50.01%	-
Basic Shares Outstanding	463	453	448	448	448
Diluted Shares Outstanding	463	453	448	448	448
Shares Change (YoY)	2.18%	1.27%	0.05%	-	-
EPS (Basic)	0.96	0.84	0.62	0.52	0.34
EPS (Diluted)	0.96	0.84	0.62	0.52	0.34
EPS Growth	13.85%	36.25%	19.35%	51.77%	-
Dividend Per Share	-	0.580	0.500	0.400	0.450
Dividend Growth	-	16.00%	25.00%	-11.11%	164.71%
Operating Margin	25.63%	25.87%	22.17%	27.30%	30.06%
Profit Margin	21.31%	21.03%	17.16%	21.65%	16.90%
EBITDA	540.84	474.51	358.9	293.31	275.08
EBITDA Margin	26.04%	26.24%	22.35%	27.49%	30.20%
D&A For Ebitda	8.43	6.66	2.95	2.03	1.28
EBIT	532.4	467.85	355.95	291.29	273.8
EBIT Margin	25.63%	25.87%	22.17%	27.30%	30.06%
Effective Tax Rate	18.21%	20.57%	19.25%	15.14%	23.67%
Revenue as Reported	2,077	1,790	1,608	1,068	911.93

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.