European Residential REIT
TSX:ERE.UN
Income Statement
Earnings Waterfall
European Residential REIT
Revenue
|
95.7m
EUR
|
Cost of Revenue
|
-17.9m
EUR
|
Gross Profit
|
77.8m
EUR
|
Operating Expenses
|
-10.5m
EUR
|
Operating Income
|
67.3m
EUR
|
Other Expenses
|
-181.5m
EUR
|
Net Income
|
-114.2m
EUR
|
Income Statement
European Residential REIT
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
77
N/A
|
79
+3%
|
83
+4%
|
86
+4%
|
89
+3%
|
91
+2%
|
93
+1%
|
94
+1%
|
96
+2%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
|
Gross Profit |
62
N/A
|
64
+4%
|
66
+4%
|
69
+4%
|
71
+3%
|
73
+2%
|
74
+2%
|
76
+2%
|
78
+3%
|
|
Operating Income | ||||||||||
Operating Expenses |
(12)
|
(13)
|
(12)
|
(11)
|
(11)
|
(20)
|
(11)
|
(11)
|
(11)
|
|
Selling, General & Administrative |
(12)
|
(13)
|
(12)
|
(11)
|
(11)
|
(9)
|
(11)
|
(11)
|
(11)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
|
Operating Income |
50
N/A
|
51
+2%
|
55
+8%
|
59
+7%
|
61
+4%
|
53
-13%
|
64
+20%
|
65
+2%
|
67
+4%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
102
|
117
|
213
|
203
|
59
|
(61)
|
(205)
|
(258)
|
(233)
|
|
Non-Reccuring Items |
0
|
0
|
(11)
|
(11)
|
(11)
|
0
|
(1)
|
(2)
|
(3)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
152
N/A
|
169
+11%
|
258
+53%
|
251
-3%
|
110
-56%
|
(8)
N/A
|
(142)
-1 687%
|
(194)
-37%
|
(168)
+14%
|
|
Net Income | ||||||||||
Tax Provision |
(56)
|
(68)
|
(59)
|
(41)
|
7
|
50
|
60
|
67
|
54
|
|
Income from Continuing Operations |
96
|
100
|
199
|
210
|
116
|
42
|
(82)
|
(127)
|
(114)
|
|
Net Income (Common) |
96
N/A
|
100
+4%
|
199
+99%
|
210
+6%
|
116
-45%
|
42
-64%
|
(82)
N/A
|
(127)
-55%
|
(114)
+10%
|
|
EPS (Diluted) |
0.42
N/A
|
0.43
+2%
|
0.86
+100%
|
0.91
+6%
|
0.5
-45%
|
0.18
-64%
|
-0.35
N/A
|
-0.55
-57%
|
-0.49
+11%
|