Income Statement Paris Realty Fund

Stocks

PAR

FR0010263202

Diversified REITs

Market Closed - Euronext Paris 11:55:00 2026-09-17 EDT			5-day change	1st Jan Change
24.00 ^EUR	-1.64%		-3.23%	-25.70%

06-17	Paref's Board Names Interim CEO/Chairman	MT
06-16	PAREF Group Announces CEO Changes	CI

697.Yvp3Q_vMvfMm229BPcCP3qp_FAmlZhiHQZ9yWsUlT-g.VLMjcLz1x5R87gIQXPLknM0oU1-UB1rQd_s8DrVLNpwylRskpKn2klKIDA

Published financial data: PARIS REALTY FUND

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Rental Revenues	8.84M	7.09M	9.01M	8.46M	7.13M
Tenant Reimbursements	2.59M	2.56M	3.61M	2.99M	3.12M
Property Management Fee	11.88M	15.51M	15.54M	18.11M	16.8M
Other Revenues, Total	1.56M	404K	165K	-3.39M	-2.16M
Total Revenues	24.86M	25.56M	28.33M	26.16M	24.89M
Property Expenses	3.45M	2.92M	3.81M	3.62M	3.96M
Selling General & Admin Expenses, Total	14.47M	18.38M	19.02M	17.09M	16.58M
Depreciation & Amortization - (IS) - (Collected)	1.05M	1.1M	1.35M	1.61M	1.84M
Other Operating Expenses	-	-	-	-	-
Total Operating Expenses	18.98M	22.4M	24.18M	22.32M	22.38M
Operating Income (REIT / Utility Template)	5.88M	3.16M	4.15M	3.84M	2.52M
Interest Expense, Total	-1.09M	-1.18M	-3.83M	-4.5M	-4.01M
Interest and Investment Income	307K	2.51M	2.24M	991K	122K
Net Interest Expenses	-779K	1.33M	-1.59M	-3.51M	-3.89M
Income (Loss) on Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	-79K	15K	-
Other Non Operating Income (Expenses)	1K	355K	-161K	-115K	-2K
EBT, Excl. Unusual Items	5.11M	4.84M	2.31M	233K	-1.38M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-6K	-5K	-3K	2K
Gain (Loss) on Sale of Assets	2.91M	1.65M	-	11K	91K
Asset Writedown	3.13M	-2.01M	-18.61M	-5.38M	-10.29M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	11.15M	4.47M	-16.3M	-5.14M	-11.57M
Income Tax Expense	117K	436K	124K	247K	290K
Earnings From Continuing Operations	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Net Income to Company	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Net Income - (IS)	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Net Income to Common Incl Extra Items	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Net Income to Common Excl. Extra Items	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Per Share Items
Net EPS - Basic	7.32	2.67	-10.89	-3.57	-7.84
Basic EPS - Continuing Operations	7.32	2.67	-10.89	-3.57	-7.84
Basic Weighted Average Shares Outstanding	1.51M	1.51M	1.51M	1.51M	1.51M
Net EPS - Diluted	7.3	2.67	-10.89	-3.57	-7.84
Diluted EPS - Continuing Operations	7.3	2.67	-10.89	-3.57	-7.84
Diluted Weighted Average Shares Outstanding	1.51M	1.51M	1.51M	1.51M	1.51M
Normalized Basic EPS	2.12	2.01	0.96	0.1	-0.57
Normalized Diluted EPS	2.11	2.01	0.96	0.1	-0.57
Dividend Per Share	4.7	3	1.5	1.5	-
Payout Ratio	31.43	175.64	-27.56	-42.02	-19.16
Supplemental Items
EBITDA	6.13M	3.23M	4.22M	3.91M	2.59M
EBITA	6.06M	3.16M	4.15M	3.84M	2.52M
EBIT	5.88M	3.16M	4.15M	3.84M	2.52M
Effective Tax Rate - (Ratio)	1.05	9.75	-0.76	-4.81	-2.51
Total Current Taxes	101K	421K	107K	248K	314K
Total Deferred Taxes	16K	15K	17K	-1K	-24K
Normalized Net Income	3.19M	3.03M	1.45M	146K	-861K
Interest on Long-Term Debt	26K	18K	142K	32K	58K
Supplemental Operating Expense Items
Advertising Expense	260K	337K	448K	407K	400K
Selling and Marketing Expenses	260K	337K	448K	407K	400K
General and Administrative Expenses	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Gross Property Plant And Equipment	3.4M	3.46M	5.14M	5.16M	5.38M
Accumulated Depreciation	-1.87M	-2.47M	-2.81M	-3.46M	-4.27M
Net Property Plant And Equipment	1.52M	983K	2.33M	1.71M	1.11M
Total Real Estate Assets	1.52M	983K	2.33M	1.71M	1.11M
Cash And Equivalents	8.84M	10.28M	7.56M	10.12M	8.07M
Accounts Receivable, Total	6.74M	9.96M	8.2M	7.44M	6.68M
Other Receivables	6.26M	9.32M	8.5M	7.32M	6.68M
Investment In Debt and Equity Securities	1.35M	1.22M	1.29M	1.27M	1.18M
Other Intangibles, Total	882K	883K	652K	618K	292K
Other Current Assets, Total	-	-	1.12M	3.9M	462K
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Other Long-Term Assets, Total	195M	196M	182M	182M	174M
Total Assets	221M	228M	212M	214M	199M
Liabilities
Current Portion of Long-Term Debt	-28K	-80K	-251K	-295K	-329K
Current Portion of Leases	587K	567K	620K	646K	732K
Long-Term Debt	60.16M	59.92M	68.92M	76.2M	77.33M
Long-Term Leases	828K	263K	1.71M	1.06M	426K
Accounts Payable, Total	963K	5.19M	4.6M	7.74M	8.03M
Accrued Expenses, Total	6.47M	9.78M	8.06M	7.36M	5.34M
Current Income Taxes Payable	2.52M	4.31M	2.99M	3.23M	3.06M
Unearned Revenue, Current	1.26M	1.13M	1.48M	1.99M	2.07M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.74M	2.12M	2.21M	2.28M	2.08M
Pension & Other Post Retirement Benefits	118K	81K	30K	36K	29K
Deferred Tax Liability Non-Current	10K	25K	42K	41K	17K
Other Non Current Liabilities	164K	415K	314K	2.34M	1.86M
Total Liabilities	74.78M	83.73M	90.72M	103M	101M
Common Stock, Total	37.76M	37.76M	37.76M	37.76M	37.92M
Additional Paid In Capital	42.19M	42.19M	42.19M	42.19M	40.02M
Retained Earnings	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Comprehensive Income and Other	55.1M	60.45M	57.68M	37.15M	32.06M
Total Common Equity	146M	144M	121M	112M	98.15M
Total Equity	146M	144M	121M	112M	98.15M
Total Liabilities And Equity	221M	228M	212M	214M	199M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.51M	1.51M	1.51M	1.51M	1.52M
ECS Total Common Shares Outstanding	1.51M	1.51M	1.51M	1.51M	1.52M
Book Value / Share	96.85	95.73	80.33	74.05	64.77
Tangible Book Value	145M	144M	121M	111M	97.86M
Tangible Book Value Per Share	96.26	95.14	79.9	73.64	64.58
Total Debt	61.54M	60.67M	71M	77.61M	78.16M
Net Debt	52.7M	50.39M	63.44M	67.49M	70.09M
Equity Method Investments, Total	16.18M	13.61M	13.98M	12.98M	13.47M
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	81	86	88	79	72
Accumulated Allowance for Doubtful Accounts (Supple)	411K	515K	703K	619K	634K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	11.03M	4.04M	-16.43M	-5.39M	-11.86M
Depreciation, Depletion & Amortization	619K	598K	710K	645K	823K
Amortization of Goodwill and Intangible Assets - (CF)	176K	-	-	-	-
Total Depreciation, Depletion & Amortization	795K	598K	710K	645K	823K
Amortization of Deferred Charges, Total	-	183K	339K	273K	279K
(Gain) Loss On Sale of Asset - (CF)	-2.91M	-1.65M	1K	-178K	-91K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-3.13M	2.01M	18.61M	5.38M	10.29M
(Income) Loss On Equity Investments - (CF)	-2.08M	1.55M	-847K	568K	-621K
Provision and Write-off of Bad Debts	236K	104K	189K	-84K	15K
Change in Other Net Operating Assets (Collected)	-476K	-1.34M	-675K	1.76M	-634K
Other Operating Activities	1.1M	1.8M	1.48M	4.77M	3.51M
Cash from Operations	4.57M	7.29M	3.38M	7.76M	1.71M
Acquisition of Real Estate Assets, Total	-6.88M	-15.47M	-8.2M	-6.9M	-2.15M
Sale of Real Estate Assets, Total	14.96M	4.43M	-	751K	4M
Net Sale / Acquisition of Real Estate Assets	8.08M	-11.04M	-8.2M	-6.15M	1.85M
Cash Acquisitions	-	-	-107K	-	-19K
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-1.43M	13.64M	95K	173K	-15K
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	1K	166K	92K	-1K	-
Cash from Investing	6.66M	2.76M	-8.12M	-5.98M	1.82M
Short Term Debt Issued, Total	15K	-	19K	-	58K
Long-Term Debt Issued, Total	24M	35M	10M	7M	4M
Total Debt Issued	24.02M	35M	10.02M	7M	4.06M
Short Term Debt Repaid, Total	-	-15K	-	-19K	-
Long-Term Debt Repaid, Total	-29.53M	-35.58M	-524K	-618K	-3.76M
Total Debt Repaid	-29.53M	-35.6M	-524K	-637K	-3.76M
Issuance of Common Stock	55K	10K	-	4K	284K
Repurchase of Common Stock	-	-	-5K	-	-
Common Dividends Paid	-3.47M	-7.09M	-4.53M	-2.26M	-2.27M
Common & Preferred Stock Dividends Paid	-3.47M	-7.09M	-4.53M	-2.26M	-2.27M
Other Financing Activities, Total	-778K	-942K	-2.95M	-3.31M	-3.89M
Cash from Financing	-9.71M	-8.62M	2.02M	790K	-5.59M
Miscellaneous Cash Flow Adjustments	-1K	-	-	-1K	-
Net Change in Cash	1.52M	1.43M	-2.72M	2.56M	-2.06M
Supplemental Items
Cash Interest Paid	778K	942K	1.54M	3.27M	3.6M
Cash Income Tax Paid (Refund)	116K	-489K	424K	90K	182K
Net Debt Issued / Repaid	-5.52M	-600K	9.5M	6.36M	294K
Levered Free Cash Flow	3.19M	5.08M	-636K	2.67M	2.97M
Unlevered Free Cash Flow	3.87M	5.82M	1.76M	5.48M	5.48M
Change In Net Working Capital	171K	-3.31M	1.74M	-2.42M	-2.81M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	1.66	0.88	1.18	1.13	0.76
Return on Total Capital	1.78	0.96	1.3	1.26	0.86
Return On Equity %	7.77	2.78	-12.37	-4.62	-11.3
Return on Common Equity	7.77	2.78	-12.37	-4.62	-11.3
Margin Analysis
Gross Profit Margin %	86.11	88.59	86.55	86.15	84.1
SG&A Margin	58.21	71.93	67.16	65.32	66.6
EBITDA Margin %	24.65	12.65	14.91	14.94	10.39
EBITA Margin %	24.38	12.37	14.64	14.68	10.11
EBIT Margin %	23.67	12.37	14.64	14.68	10.11
Income From Continuing Operations Margin %	44.38	15.79	-57.99	-20.58	-47.65
Net Income Margin %	44.38	15.79	-57.99	-20.58	-47.65
Net Avail. For Common Margin %	44.38	15.79	-57.99	-20.58	-47.65
Normalized Net Income Margin	12.84	11.84	5.1	0.56	-3.46
Levered Free Cash Flow Margin	12.82	19.88	-2.24	10.2	11.94
Unlevered Free Cash Flow Margin	15.55	22.77	6.21	20.95	22.02
Asset Turnover
Asset Turnover	0.11	0.11	0.13	0.12	0.12
Fixed Assets Turnover	13.91	20.39	17.1	12.96	17.67
Receivables Turnover (Average Receivables)	2.56	3.01	3.1	3.78	3.83
Short Term Liquidity
Current Ratio	1.62	1.28	1.29	1.25	1.04
Quick Ratio	1.62	1.28	1.23	1.08	1.02
Operating Cash Flow to Current Liabilities	0.34	0.32	0.17	0.34	0.08
Days Sales Outstanding (Average Receivables)	142.8	121.21	117.69	96.81	95.22
Average Days Payable Outstanding	135.37	385.35	469.4	623.11	727.28
Long Term Solvency
Total Debt/Equity	42.13	42.01	58.58	69.47	79.63
Total Debt / Total Capital	29.64	29.58	36.94	40.99	44.33
LT Debt/Equity	41.75	41.67	58.27	69.16	79.22
Long-Term Debt / Total Capital	29.37	29.34	36.75	40.81	44.1
Total Liabilities / Total Assets	33.86	36.7	42.81	47.88	50.63
EBIT / Interest Expense	5.42	2.67	1.08	0.85	0.63
EBITDA / Interest Expense	6.15	3.17	1.27	1	0.83
(EBITDA - Capex) / Interest Expense	5.75	2.97	1.23	0.94	0.83
Total Debt / EBITDA	9.21	16.15	14.62	17.3	23.41
Net Debt / EBITDA	7.89	13.41	13.06	15.05	20.99
Total Debt / (EBITDA - Capex)	9.86	17.26	15.06	18.38	23.41
Net Debt / (EBITDA - Capex)	8.44	14.33	13.46	15.98	20.99
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.21	2.78	10.85	-7.63	-4.86
Gross Profit, 1 Yr. Growth %	-1.45	5.74	8.3	-8.07	-7.11
EBITDA, 1 Yr. Growth %	-37.31	-45.72	12.34	-19.54	-33.83
EBITA, 1 Yr. Growth %	-37.57	-46.3	31.23	-7.4	-34.48
EBIT, 1 Yr. Growth %	-38.74	-46.3	31.23	-7.4	-34.48
Earnings From Cont. Operations, 1 Yr. Growth %	35.39	-63.42	-507.04	-67.21	120.24
Net Income, 1 Yr. Growth %	35.39	-63.42	-507.04	-67.21	120.24
Diluted EPS Before Extra, 1 Yr. Growth %	32.97	-63.42	-507.87	-67.21	119.58
Normalized Net Income, 1 Yr. Growth %	-39.5	-5.19	-52.23	-89.93	-690.99
Net Property, Plant and Equip., 1 Yr. Growth %	-25.73	-35.5	137.13	-26.81	-34.82
Accounts Receivable, 1 Yr. Growth %	-41.37	47.81	-17.73	-9.28	-10.17
Total Assets, 1 Yr. Growth %	-0.44	3.3	-7.12	1.14	-7.25
Common Equity, 1 Yr. Growth %	6.01	-1.13	-16.09	-7.83	-12.14
Tangible Book Value, 1 Yr. Growth %	5.92	-1.13	-16.03	-7.85	-11.91
Cash From Operations, 1 Yr. Growth %	-52.82	59.53	-53.68	129.6	-77.94
Capital Expenditures, 1 Yr. Growth %	-18.81	-44.5	-40.5	81.94	-
Levered Free Cash Flow, 1 Yr. Growth %	-69.4	59.38	-112.51	-519.94	11.37
Unlevered Free Cash Flow, 1 Yr. Growth %	-65.78	50.54	-69.77	211.44	0.01
Dividend Per Share, 1 Yr. Growth %	104.35	-36.17	-50	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.44	0.25	6.74	1.19	-6.26
Gross Profit, 2 Yr. CAGR %	-1.88	2.08	7.01	-0.22	-7.59
EBITDA, 2 Yr. CAGR %	-23.67	-42.51	-15.78	1.96	-27.03
EBITA, 2 Yr. CAGR %	-23.84	-42.95	-16.06	10.24	-22.11
EBIT, 2 Yr. CAGR %	-24.77	-42.65	-16.06	10.24	-22.11
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.51	-29.63	22.02	15.52	-15.03
Net Income, 2 Yr. CAGR %	-9.51	-29.63	22.02	15.52	-15.03
Diluted EPS Before Extra, 2 Yr. CAGR %	-11.4	-30.26	22.14	15.64	-15.15
Normalized Net Income, 2 Yr. CAGR %	-25.47	-24.26	-32.7	-78.06	-22.84
Net Property, Plant and Equip., 2 Yr. CAGR %	-23.62	-30.79	23.67	31.74	-30.93
Accounts Receivable, 2 Yr. CAGR %	-27.44	-6.91	10.27	-13.61	-9.73
Total Assets, 2 Yr. CAGR %	-1.88	1.42	-2.05	-3.08	-3.15
Common Equity, 2 Yr. CAGR %	5.02	2.38	-8.91	-12.06	-10.01
Tangible Book Value, 2 Yr. CAGR %	4.83	2.33	-8.88	-12.03	-9.9
Cash From Operations, 2 Yr. CAGR %	-10.15	-13.25	-14.03	3.13	-28.83
Capital Expenditures, 2 Yr. CAGR %	-	-32.87	-42.53	4.05	-
Levered Free Cash Flow, 2 Yr. CAGR %	122.93	-30.17	-55.34	-27.51	116.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	53.77	-28.23	-32.53	-2.96	76.49
Dividend Per Share, 2 Yr. CAGR %	8.4	14.21	-43.51	-29.29	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.48	-0.06	3.67	1.71	-0.87
Gross Profit, 3 Yr. CAGR %	5.77	0.6	4.11	1.73	-2.57
EBITDA, 3 Yr. CAGR %	-10.89	-32.53	-24.41	-13.09	-11.72
EBITA, 3 Yr. CAGR %	-11.09	-32.88	-24.69	-13.26	-7.32
EBIT, 3 Yr. CAGR %	-11.78	-32.77	-24.42	-13.26	-7.32
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.22	-33.09	26.32	-21.26	43.24
Net Income, 3 Yr. CAGR %	-2.22	-33.09	26.32	-21.26	43.24
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.06	-34.03	25.65	-21.21	43.2
Normalized Net Income, 3 Yr. CAGR %	-9.23	-19.24	-35.05	-64.27	-34.24
Net Property, Plant and Equip., 3 Yr. CAGR %	46.77	-27.8	4.34	3.83	4.2
Accounts Receivable, 3 Yr. CAGR %	-8.79	-8.02	-10.66	3.32	-12.48
Total Assets, 3 Yr. CAGR %	8.57	-0.18	-1.51	-1	-4.49
Common Equity, 3 Yr. CAGR %	5.38	2.93	-4.19	-8.55	-12.08
Tangible Book Value, 3 Yr. CAGR %	5.19	2.81	-4.2	-8.54	-11.99
Cash From Operations, 3 Yr. CAGR %	-21.18	8.8	-29.62	19.27	-38.32
Capital Expenditures, 3 Yr. CAGR %	-4.46	-	-35.51	-15.61	-
Levered Free Cash Flow, 3 Yr. CAGR %	-12.78	99.34	-60.63	-5.74	-16.36
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.12	52.68	-46.19	12.34	-1.98
Dividend Per Share, 3 Yr. CAGR %	6.88	-9.14	-13.28	-31.66	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.5	6.45	8.38	0.44	-0.42
Gross Profit, 5 Yr. CAGR %	5.21	4.8	6.26	0.27	-0.74
EBITDA, 5 Yr. CAGR %	-9.35	-18.28	-13.39	-17.97	-23.36
EBITA, 5 Yr. CAGR %	-9.53	-18.62	-13.62	-18.15	-23.67
EBIT, 5 Yr. CAGR %	-10.04	-17.35	-13.52	-18.06	-23.51
Earnings From Cont. Operations, 5 Yr. CAGR %	1.24	-13.35	6.84	-16.76	7.8
Net Income, 5 Yr. CAGR %	1.24	-13.35	6.84	-16.76	7.8
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.2	-17.25	5.01	-17.43	7.39
Normalized Net Income, 5 Yr. CAGR %	-6.89	-1.26	-19.47	-52.05	-30.42
Net Property, Plant and Equip., 5 Yr. CAGR %	104.13	74.94	37.06	-8.17	-11.53
Accounts Receivable, 5 Yr. CAGR %	4.71	20.6	-1.6	-10.3	-10.29
Total Assets, 5 Yr. CAGR %	5.35	7.85	4.19	-1.35	-2.17
Common Equity, 5 Yr. CAGR %	9.17	7.56	-0.59	-3.35	-6.56
Tangible Book Value, 5 Yr. CAGR %	9.21	7.45	-0.68	-3.41	-6.52
Cash From Operations, 5 Yr. CAGR %	-15	1.6	-18.39	6.5	-29.3
Capital Expenditures, 5 Yr. CAGR %	51.85	-14.28	-22.04	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-27.7	-28.22	-33.27	33.01	-22.18
Unlevered Free Cash Flow, 5 Yr. CAGR %	-22.9	-27.36	-22.02	27.37	-13.47
Dividend Per Share, 5 Yr. CAGR %	18.64	0	-17.18	-17.81	-