REN - Redes Energéticas Nacionais, SGPS, S.A. (ELI:RENE)

ELI:RENE 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,041	982.87	947.88	785.65	803.53	724.15
Other Revenue	8.58	8.22	1.54	1.43	1.77	1.16
Revenue	1,050	991.08	949.42	787.08	805.31	725.31
Revenue Growth (YoY)	8.23%	4.39%	20.63%	-2.26%	11.03%	-3.65%
Operations & Maintenance	20.05	16.25	17.06	17.77	20.31	20.73
Selling, General & Admin	1.27	1.15	1.2	1.08	1.21	0.94
Depreciation & Amortization	264.18	254.69	253.2	249.28	241.94	241.17
Other Operating Expenses	559.84	502.92	442.79	307.88	346.82	260.21
Total Operating Expenses	845.34	775.01	714.25	576.01	610.29	523.04
Operating Income	204.34	216.07	235.18	211.07	195.02	202.27
Interest Expense	-66.26	-81.34	-65.96	-49.22	-45.83	-56.53
Interest Income	23.08	30.38	36.96	17.23	10.9	10.23
Net Interest Expense	-43.18	-50.96	-29	-31.98	-34.93	-46.3
Income (Loss) on Equity Investments	11.78	11.83	12.85	11.81	6.43	7.5
Currency Exchange Gain (Loss)	-5.29	-1.31	-1.66	-3.99	-2.32	-0.27
Other Non-Operating Income (Expenses)	15.87	14.52	6.36	8.59	13.39	18.92
EBT Excluding Unusual Items	183.52	190.15	223.72	195.49	177.59	182.12
Impairment of Goodwill	-	-	-	-0.38	-0.38	-0.38
Asset Writedown	-0.67	0.06	-3.47	-1.06	-0.94	0.46
Other Unusual Items	-22.79	-22.69	-28.36	-28.02	-27.04	-28.1
Pretax Income	160.06	167.52	191.89	166.03	149.23	154.11
Income Tax Expense	-12.14	15.01	42.66	54.26	52.08	44.86
Net Income	172.2	152.51	149.24	111.77	97.15	109.25
Net Income to Common	172.2	152.51	149.24	111.77	97.15	109.25
Net Income Growth	25.49%	2.20%	33.52%	15.05%	-11.07%	-8.12%
Shares Outstanding (Basic)	663	663	663	663	663	663
Shares Outstanding (Diluted)	663	663	663	663	663	663
EPS (Basic)	0.26	0.23	0.22	0.17	0.15	0.16
EPS (Diluted)	0.26	0.23	0.22	0.17	0.15	0.16
EPS Growth	25.49%	2.20%	33.52%	15.05%	-11.07%	-8.12%
Free Cash Flow	540.2	609.59	-375.09	607.2	695.2	362.28
Free Cash Flow Per Share	0.81	0.92	-0.56	0.92	1.05	0.55
Dividend Per Share	0.093	0.157	0.154	0.154	0.154	0.171
Dividend Growth	-39.61%	1.95%	-	-	-9.94%	-
Profit Margin	16.41%	15.39%	15.72%	14.20%	12.06%	15.06%
Free Cash Flow Margin	51.46%	61.51%	-39.51%	77.15%	86.33%	49.95%
EBITDA	468.52	470.76	488.38	460.34	436.96	443.43
EBITDA Margin	44.64%	47.50%	51.44%	58.49%	54.26%	61.14%
D&A For EBITDA	264.18	254.69	253.2	249.28	241.94	241.17
EBIT	204.34	216.07	235.18	211.07	195.02	202.27
EBIT Margin	19.47%	21.80%	24.77%	26.82%	24.22%	27.89%
Effective Tax Rate	-	8.96%	22.23%	32.68%	34.90%	29.11%
Revenue as Reported	1,095	1,032	991.18	824.68	838.35	758.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.