Income Statement ATLAND

Stocks

ATLD

FR0013455482

Commercial REITs

Market Closed - Euronext Paris Other stock markets 11:55:00 2026-06-26 EDT			5-day change	1st Jan Change
38.60 ^EUR	0.00%		-0.26%	-3.50%

04-28	Atland SAS Reports Earnings Results for the Full Year Ended December 31, 2025	CI
04-12	Atland SAS announces Annual dividend, payable on July 09, 2026	CI

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Published financial data: ATLAND

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Other Revenues, Total	161M	187M	206M	199M	174M
Total Revenues	161M	187M	206M	199M	174M
Property Expenses	112M	126M	151M	151M	126M
Selling General & Admin Expenses, Total	1.2M	256K	554K	439K	1.08M
Depreciation & Amortization - (IS) - (Collected)	6.96M	8.03M	8.85M	6.49M	4.03M
Other Operating Expenses	29.45M	34.07M	31.73M	28.58M	31.03M
Total Operating Expenses	149M	169M	193M	186M	162M
Operating Income (REIT / Utility Template)	11.99M	18M	13.57M	12.71M	12.14M
Interest Expense, Total	-6.63M	-7.43M	-11.77M	-9M	-4.73M
Interest and Investment Income	397K	978K	2.84M	2.63M	1.24M
Net Interest Expenses	-6.23M	-6.45M	-8.92M	-6.37M	-3.49M
Income (Loss) on Equity Invest.	2M	2.87M	3.18M	1.81M	1.84M
Other Non Operating Income (Expenses)	-121K	32K	-671K	-1.92M	-1.16M
EBT, Excl. Unusual Items	7.64M	14.46M	7.16M	6.24M	9.34M
Gain (Loss) on Sale of Investments	-140K	-	1.32M	-154K	-163K
Gain (Loss) on Sale of Assets	13.32M	4.2M	10.07M	8.81M	-86K
Asset Writedown	-	377K	160K	-302K	-128K
EBT, Incl. Unusual Items	20.83M	19.04M	18.71M	14.59M	8.96M
Income Tax Expense	3.93M	8.98M	5.39M	3.81M	1.11M
Earnings From Continuing Operations	16.9M	10.05M	13.32M	10.78M	7.85M
Net Income to Company	16.9M	10.05M	13.32M	10.78M	7.85M
Minority Interest	-732K	-723K	-1.64M	-1.97M	257K
Net Income - (IS)	16.17M	9.33M	11.68M	8.81M	8.11M
Net Income to Common Incl Extra Items	16.17M	9.33M	11.68M	8.81M	8.11M
Net Income to Common Excl. Extra Items	16.17M	9.33M	11.68M	8.81M	8.11M
Per Share Items
Net EPS - Basic	3.7	2.14	2.7	2.05	1.89
Basic EPS - Continuing Operations	3.7	2.14	2.7	2.05	1.89
Basic Weighted Average Shares Outstanding	4.36M	4.35M	4.33M	4.3M	4.3M
Net EPS - Diluted	3.68	2.13	2.68	2.03	1.87
Diluted EPS - Continuing Operations	3.68	2.13	2.68	2.03	1.87
Diluted Weighted Average Shares Outstanding	4.4M	4.38M	4.36M	4.34M	4.33M
Normalized Basic EPS	0.93	1.91	0.65	0.45	1.42
Normalized Diluted EPS	0.92	1.9	0.65	0.44	1.41
Dividend Per Share	1.75	2	2.3	2.3	1.75
Payout Ratio	40.55	81.51	74.34	112.34	122.64
Supplemental Items
EBITDA	18.69M	24.05M	19.51M	16.31M	13.31M
EBITA	14.62M	18M	16.21M	14.66M	11.6M
EBIT	11.99M	18M	13.57M	12.71M	12.14M
EBITDAR	19.49M	24.75M	20.39M	17.7M	14.47M
Effective Tax Rate - (Ratio)	18.85	47.19	28.82	26.12	12.41
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	3.98M	9.08M	5.7M	3.67M	1.32M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-49K	-101K	-305K	142K	-212K
Normalized Net Income	4.05M	8.31M	2.83M	1.93M	6.09M
Non-Cash Pension Expense	-	4K	13K	12K	16K
Supplemental Operating Expense Items
Net Rental Expense, Total	800K	697K	880K	1.39M	1.16M
Imputed Operating Lease Interest Expense	184K	174K	394K	615K	361K
Imputed Operating Lease Depreciation	616K	523K	486K	772K	803K
Maintenance & Repair Expenses, Total	1.46M	1.96M	2.11M	2.02M	2.54M
Stock-Based Comp., SG&A Exp. (Total)	1.2M	256K	554K	439K	1.08M
Stock-Based Comp., Other (Total)	-1.5M	-	-	-	-
Total Stock-Based Compensation	-299K	256K	554K	439K	1.08M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	115M	109M	78.69M	14.8M	20.64M
Accumulated Depreciation	-12.6M	-11.2M	-15.12M	-9.66M	-2.88M
Net Property Plant And Equipment	103M	97.33M	63.56M	5.14M	17.76M
Total Real Estate Assets	103M	97.33M	63.56M	5.14M	17.76M
Cash And Equivalents	133M	129M	85.9M	99.89M	73.15M
Accounts Receivable, Total	74.4M	102M	78.62M	74.52M	82.07M
Other Receivables	54M	46.59M	55.45M	52.96M	49.14M
Investment In Debt and Equity Securities	10.28M	9.12M	10.72M	12.39M	16.1M
Goodwill	42.4M	42.4M	42.4M	42.4M	61.34M
Other Intangibles, Total	7.77M	5.55M	3.44M	1.59M	2.92M
Other Current Assets, Total	96.26M	91.3M	128M	125M	82.04M
Deferred Tax Assets Long-Term (Collected)	2.26M	2.65M	3.4M	3.23M	3.28M
Other Long-Term Assets, Total	3.31M	8.38M	7.85M	6.34M	5.63M
Total Assets	526M	535M	479M	424M	393M
Liabilities
Current Portion of Long-Term Debt	23.98M	48.15M	52.57M	60.92M	35.24M
Current Portion of Leases	1.99M	2.28M	1.75M	1.7M	2.55M
Short-Term Borrowings	360K	460K	3K	72K	41K
Long-Term Debt	217M	174M	137M	69.84M	62.45M
Long-Term Leases	4.94M	3.49M	529K	89K	11.16M
Accounts Payable, Total	73.43M	85.65M	81.57M	89.56M	66.43M
Accrued Expenses, Total	40.85M	46.82M	36.43M	34.44M	44.31M
Current Income Taxes Payable	27K	5.58M	1.35M	1.35M	3.63M
Unearned Revenue, Current	915K	752K	671K	1.06M	3.05M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	22M	23.65M	22.51M	21.36M	24.03M
Pension & Other Post Retirement Benefits	440K	353K	367K	462K	477K
Deferred Tax Liability Non-Current	135K	853K	665K	439K	776K
Other Non Current Liabilities	-	-1K	-1K	1K	1K
Total Liabilities	386M	392M	336M	281M	254M
Common Stock, Total	49.06M	49.06M	49.07M	49.07M	49.07M
Retained Earnings	16.17M	9.33M	11.67M	8.81M	8.11M
Comprehensive Income and Other	74M	83.16M	80.85M	81.19M	80.34M
Total Common Equity	139M	142M	142M	139M	138M
Minority Interest	1.03M	740K	1.47M	3.18M	1.76M
Total Equity	140M	142M	143M	142M	139M
Total Liabilities And Equity	526M	535M	479M	424M	393M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.36M	4.35M	4.3M	4.3M	4.33M
ECS Total Common Shares Outstanding	4.36M	4.35M	4.3M	4.3M	4.33M
Book Value / Share	31.92	32.53	32.91	32.37	31.77
Tangible Book Value	89.06M	93.6M	95.75M	95.07M	73.25M
Tangible Book Value Per Share	20.42	21.51	22.26	22.13	16.93
Total Debt	248M	229M	192M	133M	111M
Net Debt	116M	99.42M	106M	32.73M	38.29M
Debt Equivalent of Unfunded Proj. Benefit Obligation	440K	353K	367K	462K	477K
Debt Equivalent Oper. Leases	6.4M	5.58M	7.04M	11.1M	9.31M
Minority Interest, Total (Incl. Fin. Div)	1.03M	740K	1.47M	3.18M	1.76M
Equity Method Investments, Total	2.98M	4.7M	6.34M	5.91M	5.47M
Account Code - Inventory Valuation	3	-	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Others	93.46M	87.27M	116M	121M	80.24M
Land - (BS)	31.3M	-	-	-	-
Buildings, Total	72.12M	-	-	-	-
Full Time Employees	226	-	254	231	243
Accumulated Allowance for Doubtful Accounts (Supple)	65K	13K	169K	375K	398K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	16.17M	9.33M	11.68M	8.81M	8.11M
Depreciation, Depletion & Amortization	5.9M	8.06M	5.53M	3.7M	4.3M
Amortization of Goodwill and Intangible Assets - (CF)	2.62M	-	2.64M	1.95M	-541K
Total Depreciation, Depletion & Amortization	8.52M	8.06M	8.17M	5.65M	3.75M
(Gain) Loss On Sale of Asset - (CF)	-13.32M	-4.2M	-10.07M	-8.83M	99K
(Gain) Loss on Sale of Investments - (CF)	49K	-49K	-	-	-
Total Asset Writedown	-	-	-160K	-	-
(Income) Loss On Equity Investments - (CF)	-2M	-2.87M	-3.18M	-1.81M	-1.84M
Stock-Based Compensation (CF)	-299K	139K	113K	521K	560K
Provision and Write-off of Bad Debts	-	-	-156K	-	-
Change in Accounts Receivable	-	-	-	-	-
Change In Inventories	-	-	-	-	-
Change in Accounts Payable	-	-	-	-	-
Change in Unearned Revenues	-	-	-	-	-
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-51.83M	5.3M	-22.36M	14.42M	25.36M
Other Operating Activities	-377K	8.19M	-4.88M	-777K	-1.5M
Cash from Operations	-43.1M	23.9M	-20.86M	17.97M	34.53M
Acquisition of Real Estate Assets, Total	-17.22M	-6.38M	-6.63M	-1.32M	-1.35M
Sale of Real Estate Assets, Total	28.93M	8.02M	31.8M	72.45M	3.05M
Net Sale / Acquisition of Real Estate Assets	11.71M	1.65M	25.17M	71.13M	1.7M
Cash Acquisitions	-	-	-13K	-	-9.05M
Divestitures	3.84M	781K	-	-	-
Investment in Marketable and Equity Securities, Total	-981K	389K	-1.73M	-380K	501K
Other Investing Activities, Total	-	-1K	-	1K	2K
Cash from Investing	14.56M	2.82M	23.42M	70.75M	-6.84M
Long-Term Debt Issued, Total	79.37M	1.77M	2.92M	-	57.97M
Total Debt Issued	79.37M	1.77M	2.92M	-	57.97M
Long-Term Debt Repaid, Total	-32.22M	-20.49M	-39.62M	-59.51M	-100M
Total Debt Repaid	-32.22M	-20.49M	-39.62M	-59.51M	-100M
Issuance of Common Stock	2.56M	-	1.22M	-	-
Repurchase of Common Stock	-	-2.81M	-	-	-
Common Dividends Paid	-6.56M	-7.61M	-8.68M	-9.9M	-9.94M
Common & Preferred Stock Dividends Paid	-6.56M	-7.61M	-8.68M	-9.9M	-9.94M
Other Financing Activities, Total	-5.94M	-1M	-1.26M	-5.4M	-1.96M
Cash from Financing	37.2M	-30.14M	-45.41M	-74.8M	-54.4M
Miscellaneous Cash Flow Adjustments	-	1K	-	1K	-
Net Change in Cash	8.67M	-3.43M	-42.85M	13.92M	-26.71M
Supplemental Items
Cash Income Tax Paid (Refund)	5.03M	2.39M	11.5M	3.88M	695K
Net Debt Issued / Repaid	47.14M	-18.72M	-36.7M	-59.51M	-42.49M
Levered Free Cash Flow	-42.5M	22.99M	-32.52M	22.28M	41.19M
Unlevered Free Cash Flow	-38.35M	27.63M	-25.17M	27.91M	44.15M
Change In Net Working Capital	52.3M	-9.96M	41.63M	-14.34M	-32.99M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.49	2.12	1.67	1.76	1.86
Return on Total Capital	2.05	2.96	2.4	2.6	2.89
Return On Equity %	12.53	7.12	9.33	7.56	5.58
Return on Common Equity	12.09	6.65	8.25	6.28	5.86
Margin Analysis
Gross Profit Margin %	30.72	32.32	26.54	24.24	27.72
SG&A Margin	18.81	18.15	15.73	16.37	19.55
EBITDA Margin %	11.58	12.88	9.46	8.2	7.64
EBITA Margin %	9.06	9.64	7.86	7.37	6.66
EBIT Margin %	7.43	9.64	6.58	6.39	6.97
Income From Continuing Operations Margin %	10.47	5.38	6.46	5.42	4.51
Net Income Margin %	10.02	5	5.66	4.43	4.65
Net Avail. For Common Margin %	10.02	5	5.66	4.43	4.65
Normalized Net Income Margin	2.51	4.45	1.37	0.97	3.5
Levered Free Cash Flow Margin	-26.32	12.31	-15.78	11.2	23.65
Unlevered Free Cash Flow Margin	-23.76	14.8	-12.21	14.03	25.35
Asset Turnover
Asset Turnover	0.32	0.35	0.41	0.44	0.43
Fixed Assets Turnover	1.52	1.87	2.56	5.79	15.21
Inventory Turnover (Average Inventory)	1.72	1.41	1.49	1.27	1.25
Short Term Liquidity
Current Ratio	2.18	1.73	1.77	1.67	1.6
Quick Ratio	1.6	1.3	1.12	1.08	1.14
Operating Cash Flow to Current Liabilities	-0.26	0.11	-0.11	0.09	0.19
Days Outstanding Inventory (Average Inventory)	211.88	259.28	244.37	287.64	291.38
Average Days Payable Outstanding	148.5	240.87	169.03	201.12	335.3
Long Term Solvency
Total Debt/Equity	176.88	160.67	134.43	93.23	80.02
Total Debt / Total Capital	63.88	61.64	57.34	48.25	44.45
LT Debt/Equity	158.11	124.91	96.46	49.16	52.85
Long-Term Debt / Total Capital	57.1	47.92	41.15	25.44	29.36
Total Liabilities / Total Assets	73.34	73.38	70.13	66.42	64.6
EBIT / Interest Expense	1.81	2.42	1.15	1.41	2.57
EBITDA / Interest Expense	3.09	3.51	1.85	2.04	3.36
(EBITDA - Capex) / Interest Expense	2.83	3.25	1.78	1.99	3.09
Total Debt / EBITDA	12.09	8.77	8.85	7.22	7.01
Net Debt / EBITDA	5.63	3.81	4.89	1.78	2.41
Total Debt / (EBITDA - Capex)	13.24	9.46	9.16	7.41	7.62
Net Debt / (EBITDA - Capex)	6.16	4.12	5.07	1.83	2.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-13.7	15.67	10.4	-3.5	-12.47
Gross Profit, 1 Yr. Growth %	0.86	21.7	-9.36	-11.84	0.11
EBITDA, 1 Yr. Growth %	-15.5	28.71	-18.86	-16.42	-18.38
EBITA, 1 Yr. Growth %	-24.2	23.14	-9.95	-9.62	-20.87
EBIT, 1 Yr. Growth %	-30.51	50.08	-24.61	-6.32	-4.48
Earnings From Cont. Operations, 1 Yr. Growth %	-18.28	-40.52	32.45	-19.06	-27.18
Net Income, 1 Yr. Growth %	-17.83	-42.29	25.12	-24.56	-7.97
Diluted EPS Before Extra, 1 Yr. Growth %	-17.49	-42.12	25.82	-24.25	-7.88
Normalized Net Income, 1 Yr. Growth %	-42.01	105.42	-65.91	-32.04	216.39
Net Property, Plant and Equip., 1 Yr. Growth %	-6.37	-5.41	-34.7	-91.92	245.77
Inventory, 1 Yr. Growth %	149.6	-6.31	33.5	4.32	-33.86
Accounts Receivable, 1 Yr. Growth %	-11.71	37.15	-22.96	-5.21	10.13
Total Assets, 1 Yr. Growth %	10.17	1.61	-10.41	-11.56	-7.11
Common Equity, 1 Yr. Growth %	8.63	1.67	0.03	-1.78	-1.12
Tangible Book Value, 1 Yr. Growth %	32.66	5.1	2.3	-0.71	-22.95
Cash From Operations, 1 Yr. Growth %	-216.2	-155.46	-187.26	-185.14	92.14
Capital Expenditures, 1 Yr. Growth %	42.28	7.4	-60.7	-38.29	174.84
Levered Free Cash Flow, 1 Yr. Growth %	-242.98	-154.09	-241.48	-174.47	84.16
Unlevered Free Cash Flow, 1 Yr. Growth %	-214.61	-172.05	-191.09	-210.88	57.72
Dividend Per Share, 1 Yr. Growth %	16.67	14.29	15	0	-23.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.16	-0.09	13.01	3.22	-8.09
Gross Profit, 2 Yr. CAGR %	6.73	10.79	5.03	-10.61	-6.06
EBITDA, 2 Yr. CAGR %	-20.03	4.29	2.19	-17.65	-17.41
EBITA, 2 Yr. CAGR %	-26.18	-3.39	5.3	-9.74	-15.43
EBIT, 2 Yr. CAGR %	-33.37	2.12	6.37	-15.96	-5.4
Earnings From Cont. Operations, 2 Yr. CAGR %	-15.4	-30.28	-11.24	3.54	-23.23
Net Income, 2 Yr. CAGR %	-15.59	-31.14	-15.03	-2.84	-16.68
Diluted EPS Before Extra, 2 Yr. CAGR %	-28.67	-30.89	-14.66	-2.38	-16.47
Normalized Net Income, 2 Yr. CAGR %	-52.47	9.14	-16.31	-51.86	46.64
Net Property, Plant and Equip., 2 Yr. CAGR %	12.23	-5.89	-21.4	-77.03	-47.14
Inventory, 2 Yr. CAGR %	20.76	52.92	11.84	18.01	-16.94
Accounts Receivable, 2 Yr. CAGR %	3.36	10.04	2.79	-14.54	2.17
Total Assets, 2 Yr. CAGR %	8.82	5.8	-4.59	-10.99	-9.36
Common Equity, 2 Yr. CAGR %	9.7	5.09	0.84	-0.88	-1.45
Tangible Book Value, 2 Yr. CAGR %	11.39	18.08	3.69	0.78	-12.53
Cash From Operations, 2 Yr. CAGR %	18.75	-19.73	-30.44	-13.28	27.9
Capital Expenditures, 2 Yr. CAGR %	73.5	23.62	-35.04	-50.76	30.24
Levered Free Cash Flow, 2 Yr. CAGR %	0.19	-12.05	-12.52	-1.54	17.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.88	-9.13	-18.99	0.5	32.44
Dividend Per Share, 2 Yr. CAGR %	11.8	15.47	14.64	7.24	-12.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	87.01	21.92	3.29	7.21	-2.3
Gross Profit, 3 Yr. CAGR %	34.36	11.5	3.62	-0.93	-7.17
EBITDA, 3 Yr. CAGR %	17.25	-6.28	-4.08	-4.44	-17.9
EBITA, 3 Yr. CAGR %	16.07	-12.45	-5.63	0.1	-13.62
EBIT, 3 Yr. CAGR %	8.97	-12.66	-7.7	1.96	-12.29
Earnings From Cont. Operations, 3 Yr. CAGR %	39.23	-24.77	-13.65	-13.92	-7.92
Net Income, 3 Yr. CAGR %	37.81	-25.64	-15.97	-18.33	-4.58
Diluted EPS Before Extra, 3 Yr. CAGR %	22.33	-33.47	-15.61	-17.99	-4.25
Normalized Net Income, 3 Yr. CAGR %	-11.16	-22.58	-25.95	-21.92	-9.83
Net Property, Plant and Equip., 3 Yr. CAGR %	20.14	6.01	-16.68	-63.18	-43.28
Inventory, 3 Yr. CAGR %	446.48	10.96	46.15	9.27	-2.7
Accounts Receivable, 3 Yr. CAGR %	103.3	13.58	-2.29	0.05	-7.01
Total Assets, 3 Yr. CAGR %	59.8	6.36	0.1	-6.97	-9.71
Common Equity, 3 Yr. CAGR %	40.92	6.96	3.38	-0.04	-0.96
Tangible Book Value, 3 Yr. CAGR %	25.42	9.25	12.57	2.2	-7.85
Cash From Operations, 3 Yr. CAGR %	56.04	-7.87	-17.46	-25.29	13.05
Capital Expenditures, 3 Yr. CAGR %	54.39	47.87	-15.63	-36.14	-12.65
Levered Free Cash Flow, 3 Yr. CAGR %	105.78	-18.42	3.05	-19.36	21.46
Unlevered Free Cash Flow, 3 Yr. CAGR %	87.17	-11.48	-9.06	-10.05	16.9
Dividend Per Share, 3 Yr. CAGR %	13.21	12.62	15.31	9.54	-4.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	57.42	53.68	52.88	14.06	-1.42
Gross Profit, 5 Yr. CAGR %	32.17	35.61	21.75	2.07	-0.36
EBITDA, 5 Yr. CAGR %	17.25	28.1	10.98	-11.01	-9.65
EBITA, 5 Yr. CAGR %	20.45	28.17	11.64	-11.38	-9.66
EBIT, 5 Yr. CAGR %	15.9	28.39	7.92	-14	-6.79
Earnings From Cont. Operations, 5 Yr. CAGR %	12.74	26.7	16.29	-14.52	-17.62
Net Income, 5 Yr. CAGR %	12.28	26.69	13.57	-17.24	-16.25
Diluted EPS Before Extra, 5 Yr. CAGR %	4.34	18.23	5.92	-22.44	-15.96
Normalized Net Income, 5 Yr. CAGR %	13.62	22.06	-13.26	-35.98	-2.67
Net Property, Plant and Equip., 5 Yr. CAGR %	24.44	10.7	1.38	-42.5	-30.55
Inventory, 5 Yr. CAGR %	39.78	172.59	189.72	13.73	16.59
Accounts Receivable, 5 Yr. CAGR %	60.73	62	54.76	1.36	-0.53
Total Assets, 5 Yr. CAGR %	36.5	33.88	30.01	-0.95	-3.8
Common Equity, 5 Yr. CAGR %	24.92	25.15	23.27	3.75	1.42
Tangible Book Value, 5 Yr. CAGR %	16.54	17.6	16.23	5.78	1.76
Cash From Operations, 5 Yr. CAGR %	36.42	44.82	12.95	-10.07	-1.42
Capital Expenditures, 5 Yr. CAGR %	29.29	39.26	9.2	-4.75	0.37
Levered Free Cash Flow, 5 Yr. CAGR %	38.1	-2.02	46.15	-12.04	6.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.07	0.83	33.89	-6.87	5.7
Dividend Per Share, 5 Yr. CAGR %	10.97	13.75	13.78	10.44	3.13