Renta Corporacion Real Estate SA
MAD:REN
Income Statement
Earnings Waterfall
Renta Corporacion Real Estate SA
Income Statement
Renta Corporacion Real Estate SA
| Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2010 | Jun-2010 | Sep-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
11
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
4
|
0
|
3
|
0
|
|
| Revenue |
532
N/A
|
597
+12%
|
590
-1%
|
703
+19%
|
704
+0%
|
683
-3%
|
529
-23%
|
13
-97%
|
25
+87%
|
37
+47%
|
34
-9%
|
149
+344%
|
143
-4%
|
139
-3%
|
52
-63%
|
50
-3%
|
53
+4%
|
54
+3%
|
14
-75%
|
12
-10%
|
10
-17%
|
11
+6%
|
8
-28%
|
14
+87%
|
79
+449%
|
76
-3%
|
79
+4%
|
104
+32%
|
42
-60%
|
41
-4%
|
46
+14%
|
20
-56%
|
18
-14%
|
20
+13%
|
20
N/A
|
33
+68%
|
45
+35%
|
53
+17%
|
58
+11%
|
61
+4%
|
90
+48%
|
124
+37%
|
143
+15%
|
143
0%
|
90
-37%
|
135
+51%
|
110
-19%
|
93
-15%
|
45
-52%
|
43
-3%
|
51
+17%
|
58
+15%
|
81
+40%
|
86
+6%
|
90
+5%
|
82
-10%
|
54
-34%
|
51
-5%
|
42
-18%
|
18
-57%
|
26
+44%
|
33
+30%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(412)
|
(462)
|
(484)
|
(571)
|
(573)
|
(553)
|
(455)
|
(10)
|
(22)
|
(33)
|
(32)
|
(133)
|
(128)
|
(123)
|
(36)
|
(35)
|
(44)
|
(46)
|
(19)
|
(18)
|
(14)
|
(8)
|
(38)
|
(37)
|
(117)
|
(113)
|
(84)
|
(110)
|
(38)
|
(37)
|
(41)
|
(22)
|
(17)
|
(16)
|
(18)
|
0
|
(22)
|
(15)
|
(20)
|
(32)
|
(60)
|
(79)
|
(84)
|
(93)
|
(55)
|
(93)
|
(81)
|
(68)
|
(45)
|
(43)
|
(47)
|
(53)
|
(66)
|
(70)
|
(72)
|
(65)
|
(46)
|
(40)
|
(42)
|
0
|
(18)
|
(9)
|
|
| Gross Profit |
120
N/A
|
135
+12%
|
106
-22%
|
132
+25%
|
131
-1%
|
131
0%
|
74
-43%
|
3
-96%
|
3
-16%
|
4
+44%
|
2
-51%
|
16
+732%
|
15
-3%
|
16
+3%
|
16
-1%
|
16
+1%
|
9
-43%
|
8
-9%
|
(5)
N/A
|
(6)
-4%
|
(4)
+32%
|
3
N/A
|
(30)
N/A
|
(23)
+25%
|
(38)
-68%
|
(36)
+6%
|
(5)
+85%
|
(6)
-17%
|
4
N/A
|
3
-9%
|
5
+64%
|
(2)
N/A
|
1
N/A
|
4
+405%
|
2
-38%
|
0
N/A
|
23
N/A
|
3
-87%
|
5
+50%
|
17
+278%
|
31
+79%
|
45
+47%
|
59
+33%
|
50
-15%
|
35
-31%
|
42
+21%
|
29
-33%
|
25
-12%
|
(0)
N/A
|
0
N/A
|
4
+748%
|
5
+34%
|
15
+179%
|
16
+7%
|
18
+12%
|
17
-8%
|
8
-50%
|
11
+32%
|
(0)
N/A
|
0
N/A
|
7
N/A
|
5
-28%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(37)
|
(40)
|
(29)
|
(47)
|
(43)
|
(42)
|
(18)
|
(4)
|
(8)
|
(11)
|
(12)
|
(16)
|
(12)
|
(9)
|
(7)
|
(9)
|
(2)
|
(4)
|
0
|
2
|
2
|
(1)
|
7
|
(2)
|
6
|
3
|
(2)
|
4
|
2
|
2
|
3
|
7
|
1
|
(0)
|
3
|
(26)
|
(12)
|
(26)
|
(26)
|
(15)
|
(13)
|
(22)
|
(34)
|
(25)
|
(16)
|
(18)
|
(13)
|
(16)
|
(6)
|
(5)
|
(5)
|
(4)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(9)
|
(7)
|
(28)
|
(7)
|
(27)
|
|
| Selling, General & Administrative |
(42)
|
(46)
|
(34)
|
(53)
|
(46)
|
(51)
|
(32)
|
(4)
|
(9)
|
(12)
|
(12)
|
(19)
|
(13)
|
(11)
|
(5)
|
(8)
|
(4)
|
(5)
|
1
|
0
|
(5)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(8)
|
(11)
|
(11)
|
(6)
|
(12)
|
(11)
|
(10)
|
(7)
|
(5)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
(6)
|
(9)
|
(8)
|
(6)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(1)
|
(0)
|
2
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
|
| Other Operating Expenses |
6
|
7
|
6
|
7
|
4
|
9
|
15
|
1
|
1
|
2
|
2
|
5
|
6
|
6
|
2
|
1
|
2
|
0
|
(2)
|
(1)
|
7
|
(0)
|
9
|
2
|
10
|
7
|
2
|
7
|
5
|
6
|
6
|
10
|
4
|
3
|
7
|
(21)
|
(8)
|
(22)
|
(22)
|
(11)
|
(8)
|
(14)
|
(23)
|
(14)
|
(10)
|
(6)
|
0
|
(6)
|
1
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(19)
|
1
|
(21)
|
|
| Operating Income |
84
N/A
|
95
+13%
|
77
-19%
|
85
+10%
|
88
+4%
|
89
+1%
|
57
-36%
|
(0)
N/A
|
(5)
-1 225%
|
(8)
-42%
|
(10)
-29%
|
0
N/A
|
3
+1 600%
|
7
+100%
|
9
+32%
|
6
-29%
|
7
+5%
|
4
-39%
|
(5)
N/A
|
(3)
+35%
|
(2)
+38%
|
2
N/A
|
(24)
N/A
|
(25)
-6%
|
(32)
-29%
|
(33)
-3%
|
(8)
+77%
|
(3)
+64%
|
5
N/A
|
5
+0%
|
8
+55%
|
5
-41%
|
1
-71%
|
3
+140%
|
5
+55%
|
8
+53%
|
11
+35%
|
11
+8%
|
12
+8%
|
14
+11%
|
17
+29%
|
23
+31%
|
25
+11%
|
25
-1%
|
19
-25%
|
24
+27%
|
15
-36%
|
9
-41%
|
(6)
N/A
|
(4)
+29%
|
(1)
+85%
|
1
N/A
|
10
+680%
|
11
+11%
|
12
+11%
|
11
-10%
|
2
-82%
|
2
+18%
|
(7)
N/A
|
(11)
-50%
|
(0)
+99%
|
(2)
-1 750%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(6)
|
4
|
4
|
5
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
(1)
|
32
|
54
|
89
|
89
|
46
|
23
|
(1)
|
(12)
|
(2)
|
(1)
|
2
|
1
|
2
|
2
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
4
|
(5)
|
(9)
|
(3)
|
5
|
9
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(2)
|
0
|
(0)
|
0
|
|
| Total Other Income |
(7)
|
(8)
|
0
|
(13)
|
(16)
|
(16)
|
0
|
(3)
|
(5)
|
(8)
|
(7)
|
(2)
|
(0)
|
2
|
(2)
|
(1)
|
0
|
(2)
|
(3)
|
(3)
|
0
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
0
|
(0)
|
(10)
|
(0)
|
(0)
|
0
|
(0)
|
1
|
1
|
1
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
76
N/A
|
86
+13%
|
71
-17%
|
76
+7%
|
76
+1%
|
78
+2%
|
50
-36%
|
(3)
N/A
|
(11)
-245%
|
(15)
-43%
|
(17)
-11%
|
(2)
+88%
|
3
N/A
|
9
+166%
|
7
-13%
|
4
-41%
|
4
-18%
|
0
-97%
|
(8)
N/A
|
(6)
+22%
|
(6)
+6%
|
(2)
+67%
|
6
N/A
|
27
+398%
|
56
+104%
|
56
+0%
|
39
-31%
|
20
-49%
|
(6)
N/A
|
(7)
-8%
|
6
N/A
|
4
-37%
|
3
-15%
|
5
+60%
|
7
+40%
|
10
+36%
|
10
-2%
|
11
+7%
|
11
+8%
|
12
+9%
|
16
+31%
|
20
+27%
|
22
+6%
|
21
-4%
|
17
-18%
|
20
+19%
|
12
-39%
|
6
-48%
|
(9)
N/A
|
(7)
+19%
|
(3)
+53%
|
(1)
+66%
|
8
N/A
|
9
+15%
|
11
+13%
|
9
-15%
|
6
-37%
|
(2)
N/A
|
(18)
-675%
|
(13)
+25%
|
5
N/A
|
7
+32%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(27)
|
(30)
|
(23)
|
(23)
|
(21)
|
(22)
|
(14)
|
1
|
3
|
4
|
3
|
2
|
1
|
1
|
(0)
|
(0)
|
1
|
0
|
1
|
1
|
(1)
|
0
|
0
|
(1)
|
2
|
0
|
15
|
15
|
14
|
14
|
(0)
|
(0)
|
1
|
1
|
2
|
2
|
3
|
2
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
1
|
1
|
2
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
2
|
1
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
49
|
56
|
48
|
54
|
55
|
56
|
35
|
(2)
|
(8)
|
(11)
|
(14)
|
0
|
4
|
9
|
7
|
4
|
4
|
1
|
(8)
|
(6)
|
(7)
|
(3)
|
6
|
28
|
58
|
58
|
54
|
35
|
8
|
8
|
6
|
3
|
4
|
7
|
9
|
12
|
12
|
13
|
13
|
14
|
17
|
21
|
22
|
21
|
17
|
21
|
14
|
8
|
(9)
|
(8)
|
(5)
|
(4)
|
7
|
8
|
9
|
7
|
4
|
(4)
|
(16)
|
(12)
|
4
|
6
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
|
| Net Income (Common) |
49
N/A
|
56
+14%
|
48
-14%
|
54
+13%
|
55
+3%
|
56
+1%
|
35
-36%
|
(2)
N/A
|
(8)
-359%
|
(11)
-44%
|
(14)
-29%
|
0
N/A
|
4
N/A
|
9
+138%
|
7
-25%
|
4
-40%
|
4
-14%
|
0
-97%
|
(8)
N/A
|
(6)
+23%
|
(13)
-115%
|
(9)
+31%
|
1
N/A
|
22
+4 360%
|
58
+159%
|
58
+0%
|
54
-7%
|
35
-35%
|
8
-76%
|
8
-7%
|
6
-26%
|
3
-42%
|
4
+22%
|
7
+64%
|
9
+38%
|
12
+34%
|
12
+2%
|
13
+3%
|
13
+1%
|
14
+8%
|
17
+19%
|
21
+26%
|
22
+5%
|
21
-5%
|
17
-18%
|
21
+22%
|
14
-34%
|
8
-39%
|
(9)
N/A
|
(8)
+9%
|
(5)
+36%
|
(4)
+31%
|
7
N/A
|
8
+16%
|
9
+11%
|
7
-16%
|
4
-53%
|
(4)
N/A
|
(16)
-309%
|
(12)
+23%
|
3
N/A
|
5
+54%
|
|
| EPS (Diluted) |
1.88
N/A
|
2.32
+23%
|
1.97
-15%
|
2.14
+9%
|
2.18
+2%
|
2.21
+1%
|
1.42
-36%
|
-0.07
N/A
|
-0.32
-357%
|
-0.46
-44%
|
-0.59
-28%
|
-0.01
+98%
|
0.15
N/A
|
0.34
+127%
|
0.26
-24%
|
0.15
-42%
|
0.15
N/A
|
0.01
-93%
|
-0.28
N/A
|
-0.21
+25%
|
-0.48
-129%
|
-0.33
+31%
|
0.01
N/A
|
0.82
+8 100%
|
2.12
+159%
|
2.12
N/A
|
1.4
-34%
|
1.07
-24%
|
0.25
-77%
|
0.24
-4%
|
0.18
-25%
|
0.1
-44%
|
0.13
+30%
|
0.2
+54%
|
0.28
+40%
|
0.38
+36%
|
0.38
N/A
|
0.39
+3%
|
0.39
N/A
|
0.44
+13%
|
0.51
+16%
|
0.64
+25%
|
0.68
+6%
|
0.64
-6%
|
0.53
-17%
|
0.65
+23%
|
0.42
-35%
|
0.25
-40%
|
-0.27
N/A
|
-0.25
+7%
|
-0.16
+36%
|
-0.11
+31%
|
0.21
N/A
|
0.25
+19%
|
0.28
+12%
|
0.23
-18%
|
0.11
-52%
|
-0.12
N/A
|
-0.5
-317%
|
-0.38
+24%
|
0.1
N/A
|
0.16
+60%
|
|