MERLIN Properties SOCIMI, S.A.
MERLIN Properties SOCIMI, SA, one of the main real estate companies listed on the Spanish Stock Exchange (IBEX-35), has as its main activity the acquisition and management of tertiary real estate assets in the Iberian Peninsula. The Company is a public l…
REIT - Diversified
ES, Madrid [HQ]
MRL.MC/Financial Reporting
Income Statements
11 Sheets · Starting from 2013In Million EUR. Margins, Growth Rates In %
| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 93.00 | 56.00 | 214.00 | 351.00 | 463.00 | 590.00 | 514.00 | 446.00 | 468.00 | 439.00 | 464.00 | |
|
EPS
|
-0.15 | 0.51 | 0.15 | 1.62 | 2.35 | 1.83 | 1.21 | 0.12 | 1.10 | 0.09 | -0.18 | |
| Diluted in mil. | -0.15 | 0.51 | 0.15 | 1.62 | 2.35 | 1.82 | 1.20 | 0.12 | 1.10 | 0.09 | -0.18 | |
|
Profit
|
93.00 | 54.00 | 204.00 | 331.00 | 427.00 | 548.00 | 467.00 | 400.00 | 421.00 | 389.00 | 420.00 | |
| Gross Margin | 100.00 | 95.43 | 95.23 | 94.39 | 92.32 | 92.93 | 90.72 | 89.81 | 90.11 | 88.82 | 90.57 | |
| Pre Tax | -20.00 | 50.00 | 57.00 | 592.00 | 1,113.00 | 913.00 | 590.00 | 55.00 | 518.00 | 48.00 | -74.00 | |
| Profit Margin | -21.55 | 89.57 | 26.71 | 168.53 | 240.34 | 154.64 | 114.73 | 12.47 | 110.81 | 10.97 | -16.13 | |
| ETR | -27.89 | 2.05 | 14.53 | 1.66 | 1.16 | 6.37 | 4.58 | -1.34 | 1.27 | 14.12 | -11.34 | |
| Net | -25.00 | 49.00 | 49.00 | 582.00 | 1,100.00 | 854.00 | 563.00 | 56.00 | 512.00 | 41.00 | -83.00 | |
| Profit Margin | -27.55 | 87.73 | 22.89 | 165.69 | 237.52 | 144.79 | 109.48 | 12.63 | 109.40 | 9.42 | -17.96 | |
| EBITDA | 120.00 | 88.00 | 177.00 | 561.00 | 1,248.00 | 1,122.00 | 740.00 | 248.00 | 582.00 | 103.00 | 51.00 | |
| EBITDA Margin | 128.98 | 156.36 | 82.69 | 159.77 | 269.58 | 190.17 | 143.91 | 55.75 | 124.43 | 23.58 | 11.19 | |
| Operating Income | 64.00 | 37.00 | 165.00 | 600.00 | 1,215.00 | 1,094.00 | 738.00 | 247.00 | 543.00 | 88.00 | 8.00 | |
| Operating Margin | 68.93 | 67.11 | 77.23 | 170.74 | 262.40 | 185.40 | 143.49 | 55.39 | 116.08 | 20.14 | 1.92 | |
| Interest Income | 9.00 | - - | 1.00 | 1.00 | - - | - - | - - | 3.00 | 5.00 | 3.00 | 10.00 | |
| Loss | -56.00 | -18.00 | -52.00 | -95.00 | -127.00 | -106.00 | -135.00 | -100.00 | -101.00 | -110.00 | -110.00 | |
| Cost of Revenue | - - | -2.00 | -10.00 | -19.00 | -35.00 | -41.00 | -47.00 | -45.00 | -46.00 | -49.00 | -43.00 | |
|
Operating Expenses
|
-56.00 | -15.00 | -42.00 | -76.00 | -92.00 | -64.00 | -87.00 | -55.00 | -54.00 | -61.00 | -66.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | - - | -3.00 | -7.00 | -6.00 | -6.00 | -7.00 | -8.00 | -10.00 | -12.00 | -12.00 | |
| SG&A | - - | - - | -3.00 | -7.00 | -6.00 | -6.00 | -7.00 | -8.00 | -10.00 | -12.00 | -12.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | - - | - - | - - | -4.00 | -10.00 | -1.00 | -2.00 | -1.00 | -1.00 | -1.00 | -2.00 | |
| Interest Expenses | -88.00 | -18.00 | -55.00 | -90.00 | -121.00 | -112.00 | -110.00 | -136.00 | -132.00 | -103.00 | -109.00 | |
| Other Expenses | -56.00 | -12.00 | -104.00 | -336.00 | -777.00 | -428.00 | -148.00 | -191.00 | -24.00 | -40.00 | -83.00 | |
|
WA Shares Outstanding
|
170.00 | 97.00 | 223.00 | 359.00 | 467.00 | 467.00 | 464.00 | 464.00 | 466.00 | 467.00 | 468.00 | |
| Diluted | 170.00 | 97.00 | 223.00 | 359.00 | 467.00 | 469.00 | 468.00 | 469.00 | 466.00 | 467.00 | 468.00 |