Aedifica NV/SA (EBR:AED)

Aedifica NV/SA 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	349.11	338.14	314.17	273.13	232.12	173
Tenant Reimbursements	9.6	8.97	7.19	3.93	4.24	2.54
Other Revenue	-0.74	-0.57	-0.26	2.17	6.37	3.05
Total Revenue	357.97	346.54	321.11	279.23	242.73	178.59
Revenue Growth (YoY	9.60%	7.92%	15.00%	15.04%	35.91%	5.79%
Property Expenses	21.25	20.95	19.65	14.43	13.42	10.25
Selling, General & Administrative	33.98	32.94	34.29	31.5	27.99	24.22
Other Operating Expenses	2.83	2.97	1.62	1.46	1.63	-0.01
Total Operating Expenses	58.06	56.85	55.56	47.39	43.04	34.46
Operating Income	299.91	289.69	265.55	231.84	199.7	144.13
Interest Expense	-86.06	-83.39	-72.63	-25.1	-18.59	-15.13
Interest & Investment Income	-0.17	0.32	2.18	1.3	0.3	0.05
Currency Exchange Gain (Loss)	-	-	0.4	-2.02	-0.52	-0.03
Other Non-Operating Income	32.11	32.16	22.87	-10.42	-13.35	-10.92
EBT Excluding Unusual Items	245.79	238.78	218.38	195.6	167.54	118.09
Impairment of Goodwill	-30.24	-30.24	-26.07	-18.1	-3.54	-
Gain (Loss) on Sale of Investments	-30.51	-18.71	-50.88	123.24	14.81	-1.45
Gain (Loss) on Sale of Assets	-11.64	0.37	-0.86	0.79	0.53	-0.37
Asset Writedown	24.23	15.2	-143.64	84.88	160.21	16.7
Other Unusual Items	-	-	-	-	-	0.2
Pretax Income	197.64	205.41	-3.07	386.41	339.55	133.18
Income Tax Expense	5.25	0.31	-25.62	54.68	56.73	17.56
Earnings From Continuing Operations	192.39	205.09	22.55	331.73	282.83	115.61
Minority Interest in Earnings	-0.39	-0.26	1.98	0.05	-1	-0.24
Net Income	191.99	204.83	24.54	331.78	281.82	115.38
Net Income to Common	191.99	204.83	24.54	331.78	281.82	115.38
Net Income Growth	128.47%	734.85%	-92.61%	17.72%	144.26%	10.03%
Basic Shares Outstanding	48	48	44	38	35	27
Diluted Shares Outstanding	48	48	44	38	35	27
Shares Change (YoY)	4.21%	8.79%	14.67%	9.55%	31.06%	6.04%
EPS (Basic)	4.04	4.31	0.56	8.71	8.10	4.35
EPS (Diluted)	4.04	4.31	0.56	8.71	8.10	4.35
EPS Growth	119.49%	669.23%	-93.57%	7.47%	86.35%	3.76%
Dividend Per Share	3.900	3.900	3.800	3.700	3.400	3.067
Dividend Growth	2.63%	2.63%	2.70%	8.82%	10.87%	2.22%
Operating Margin	83.78%	83.59%	82.70%	83.03%	82.27%	80.70%
Profit Margin	53.63%	59.11%	7.64%	118.82%	116.10%	64.60%
EBITDA	302.63	292.59	269.2	235.33	200.53	144.91
EBITDA Margin	84.54%	84.43%	83.84%	84.28%	82.62%	81.14%
D&A For Ebitda	2.72	2.9	3.65	3.49	0.84	0.78
EBIT	299.91	289.69	265.55	231.84	199.7	144.13
EBIT Margin	83.78%	83.59%	82.70%	83.03%	82.27%	80.70%
Effective Tax Rate	2.66%	0.15%	-	14.15%	16.71%	13.19%

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.