Inovalis Real Estate Investment Trust (IVREF) Income Statement Analysis

See more : F & M Bank Corp. (FMBM) Income Statement Analysis – Financial Results

Complete financial analysis of Inovalis Real Estate Investment Trust (IVREF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Inovalis Real Estate Investment Trust, a leading company in the REIT – Office industry within the Real Estate sector.

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Inovalis Real Estate Investment Trust (IVREF)

Industry: REIT - Office

Sector: Real Estate

Website: https://www.inovalisreit.com

About Inovalis Real Estate Investment Trust

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	33.57M	31.14M	34.46M	35.77M	33.94M	33.49M	32.69M	31.12M	29.94M	23.38M	15.37M
Cost of Revenue	10.35M	9.51M	10.27M	9.17M	10.95M	9.96M	8.56M	8.74M	8.35M	5.45M	3.24M
Gross Profit	23.22M	21.63M	24.19M	26.60M	22.99M	23.53M	24.13M	22.38M	21.59M	17.93M	12.13M
Gross Profit Ratio	69.17%	69.46%	70.20%	74.37%	67.74%	70.27%	73.82%	71.92%	72.12%	76.68%	78.90%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	6.07M	6.49M	11.54M	7.73M	6.14M	4.79M	5.29M	5.15M	4.27M	3.56M	2.82M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	6.07M	6.49M	11.54M	7.73M	6.14M	4.79M	5.29M	5.15M	4.27M	3.56M	2.82M
Other Expenses	14.30M	-645.00K	-1.24M	-825.00K	-708.00K	-1.02M	-1.74M	-3.13M	-2.77M	-9.24M	0.00
Operating Expenses	20.37M	7.00M	11.60M	7.75M	6.44M	5.06M	5.29M	5.15M	4.27M	3.56M	2.82M
Cost & Expenses	30.72M	16.51M	21.87M	16.92M	17.39M	15.01M	13.85M	13.89M	12.61M	9.01M	6.06M
Interest Income	3.44M	2.75M	3.35M	5.68M	7.84M	7.78M	4.45M	3.09M	558.00K	376.00K	0.00
Interest Expense	8.48M	4.80M	4.98M	8.27M	8.56M	8.43M	5.42M	4.55M	3.50M	2.81M	2.10M
Depreciation & Amortization	-24.65M	3.95M	3.88M	6.52M	-11.78M	-24.16M	-21.05M	-18.15M	-22.85M	-16.74M	-13.43M
EBITDA	-21.80M	16.23M	11.62M	17.54M	35.98M	0.00	0.00	18.68M	16.31M	20.35M	8.18M
EBITDA Ratio	-64.95%	52.13%	33.73%	49.05%	106.03%	93.27%	79.13%	60.02%	54.49%	38.86%	53.21%
Operating Income	2.85M	10.02M	5.02M	7.45M	44.89M	25.69M	21.98M	31.25M	39.16M	25.83M	21.61M
Operating Income Ratio	8.48%	32.16%	14.56%	20.82%	132.27%	76.71%	67.24%	100.40%	130.83%	110.47%	140.61%
Total Other Income/Expenses	-33.13M	-49.77M	25.87M	3.44M	-7.55M	4.44M	-1.55M	-6.56M	-7.64M	-12.36M	-6.18M
Income Before Tax	-30.28M	-39.76M	30.89M	18.32M	37.34M	29.05M	20.21M	24.69M	31.53M	17.55M	17.39M
Income Before Tax Ratio	-90.22%	-127.66%	89.64%	51.22%	110.04%	86.74%	61.82%	79.32%	105.31%	75.05%	113.18%
Income Tax Expense	-328.00K	-2.78M	590.00K	108.00K	813.00K	6.75M	844.00K	1.28M	726.00K	1.00M	13.00K
Net Income	-29.69M	-36.85M	30.33M	18.20M	36.45M	22.15M	19.17M	23.28M	30.80M	16.55M	17.38M
Net Income Ratio	-88.46%	-118.34%	88.03%	50.87%	107.40%	66.15%	58.64%	74.82%	102.89%	70.77%	113.10%
EPS	-0.91	-1.13	0.93	0.56	1.27	0.94	0.86	1.28	2.00	1.39	1.53
EPS Diluted	-0.91	-1.12	0.93	0.56	1.27	0.94	0.86	1.14	1.76	1.23	1.38
Weighted Avg Shares Out	32.69M	32.67M	32.43M	32.40M	28.74M	23.51M	22.24M	18.19M	15.41M	11.89M	11.33M
Weighted Avg Shares Out (Dil)	32.69M	32.78M	32.59M	32.40M	28.74M	23.51M	22.24M	20.36M	17.47M	13.42M	12.58M

Inovalis Real Estate Investment Trust Announces the Sale of the Sabliere Property for €18.2 Million

November 29, 2024businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced the signing of an exchange contract for the sale of the Sablière property to a third party for €18.2 million ($26.4 million). The expected net proceeds of approximately...

Inovalis Real Estate Investment Trust Provides Update on Sale of Sabliere Property

October 8, 2024businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that, further to its press releases dated July 15, 2024, August 27, 2024, and September 4, 2024 and the special meeting of unitholders of the REIT that was...

Inovalis Real Estate Investment Trust Announces Voting Results at 2024 Annual General Meeting

May 10, 2024businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced that each of the five individuals nominated for election as a trustee of the REIT at the REIT's Annual General Meeting of Unitholders held on May 8, 2024...

Inovalis Real Estate Investment Trust Announces Filing of Amended and Restated Unitholder Rights Plan Agreement in Connection With Its Upcoming Annual General Meeting

April 25, 2024businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced that, in connection with the upcoming annual general meeting of unitholders of the REIT to be held on May 8, 2024 (the “Meeting”), the REIT has filed on...

Inovalis Real Estate Investment Trust Announces Financial Results for the Third Quarter of 2023 and the Suspension of Distributions

November 13, 2023businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported financial results for the quarter ended September 30, 2023. The Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for Q3 2023 are available on the REIT's website...

Inovalis Real Estate Investment Trust Announces the Appointment of Stéphane Amine as Chief Executive Officer

August 25, 2023businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today the appointment of Stéphane Amine as President and Chief Executive Officer of the REIT. Mr. Amine, the founder of Inovalis SA, the manager of the REIT, has replaced...

Inovalis Real Estate Investment Trust Announces Distributions for September, October and November 2023

August 9, 2023businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT's monthly cash distribution for the months of September, October and November 2023 as per the following schedule: Month Record...

Inovalis Real Estate Investment Trust Announces Financial Results for the Second Quarter of 2023

August 4, 2023businesswire.com

TORONTO--(BUSINESS WIRE)--Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported strong financial results for the quarter ended June 30, 2023. The Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for Q2 2023 are available on the REIT's...

Inovalis: Orange You Glad You Stayed Away?

June 28, 2023seekingalpha.com

We gave Inovalis REIT our first review in December 2022. We noted that the NAV estimates were optimistic and crystallization of that value was improbable in the short term. We review where the REIT stands after losing its largest tenant.