Income Statement FSDV

Stocks

FSDV

FR0000031973

Appliances, Tools & Housewares

Market Closed - Euronext Paris 09:25:00 24/09/2026 pm IST			5-day change	1st Jan Change
17.90 ^EUR	0.00%		-0.56%	-1.65%

29/06	Invest Securities Stays Neutral on Property Company FSDV After Results
11/06	Invest Securities maintains neutral stance on real estate firm FSDV

69edd06b097a4c08120539.NepGBt2kLFy5r24qlCMaIMeL5vdOIR8VJIiFhSik5OI.T7kLVpXidgbp_Vxnw0p2GZj41s8pQlotXdngwELci9F7nydOm4lkG_TCNw

Published financial data: FSDV

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Rental Revenues	5.24Cr	5.48Cr	5.93Cr	6.32Cr	6.53Cr
Property Management Fee	16.35L	15.83L	16.09L	17.64L	19.47L
Other Revenues, Total	3.42Cr	1.91Cr	4.25Cr	2.51Cr	2.9Cr
Total Revenues	8.82Cr	7.56Cr	10Cr	9.01Cr	9.63Cr
Property Expenses	3.5Cr	2.15Cr	4.23Cr	2.85Cr	2.75Cr
Selling General & Admin Expenses, Total	71.14L	96.06L	1.84Cr	1.48Cr	1.11Cr
Depreciation & Amortization - (IS) - (Collected)	12.97L	21.83L	25.62L	50.64L	62.7L
Other Operating Expenses	1.04Cr	77.85L	27.22L	92.74L	1.11Cr
Total Operating Expenses	5.38Cr	4.1Cr	6.6Cr	5.76Cr	5.59Cr
Operating Income (REIT / Utility Template)	3.44Cr	3.45Cr	3.75Cr	3.25Cr	4.04Cr
Interest Expense, Total	-1.19Cr	-1.24Cr	-2.05Cr	-2.24Cr	-2.24Cr
Interest and Investment Income	1L	2L	6L	12.3L	9L
Net Interest Expenses	-1.18Cr	-1.22Cr	-1.98Cr	-2.12Cr	-2.15Cr
Other Non Operating Income (Expenses)	-32.79L	15.4L	31.67L	7L	6L
EBT, Excl. Unusual Items	1.94Cr	2.39Cr	2.08Cr	1.2Cr	1.94Cr
Impairment of Goodwill	-	-	-	-2.09Cr	-7L
Gain (Loss) on Sale of Assets	11.45L	94T	3L	-11.44L	1.04Cr
Asset Writedown	5.87Cr	77.17L	-6.15Cr	-5.9Cr	-28.27L
Other Unusual Items	-3L	4L	-14.84L	15.05L	-
EBT, Incl. Unusual Items	7.9Cr	3.21Cr	-4.19Cr	-6.74Cr	2.62Cr
Income Tax Expense	1.61Cr	14.39L	-77.31L	-1.89Cr	23.19L
Earnings From Continuing Operations	6.29Cr	3.07Cr	-3.42Cr	-4.86Cr	2.39Cr
Net Income to Company	6.29Cr	3.07Cr	-3.42Cr	-4.86Cr	2.39Cr
Minority Interest	-36.27L	-7T	-2T	-	-22.34L
Net Income - (IS)	5.93Cr	3.07Cr	-3.42Cr	-4.86Cr	2.17Cr
Net Income to Common Incl Extra Items	5.93Cr	3.07Cr	-3.42Cr	-4.86Cr	2.17Cr
Net Income to Common Excl. Extra Items	5.93Cr	3.07Cr	-3.42Cr	-4.86Cr	2.17Cr
Per Share Items
Net EPS - Basic	296.48	153.4	-170.86	-242.76	2.94
Basic EPS - Continuing Operations	296.48	153.4	-170.86	-242.76	2.94
Basic Weighted Average Shares Outstanding	2L	2L	2L	2L	73.83L
Net EPS - Diluted	296.48	153.4	-170.86	-242.76	2.94
Diluted EPS - Continuing Operations	296.48	153.4	-170.86	-242.76	2.94
Diluted Weighted Average Shares Outstanding	2L	2L	2L	2L	73.83L
Normalized Basic EPS	42.43	74.66	65.05	37.62	1.34
Normalized Diluted EPS	42.43	74.66	65.05	37.62	1.34
Dividend Per Share	-	-	-	-	0.28
Payout Ratio	2.02	3.91	-7.32	-5.15	18.44
Supplemental Items
EBITDA	3.49Cr	3.55Cr	4.2Cr	3.62Cr	4.41Cr
EBITA	3.44Cr	3.45Cr	3.96Cr	3.29Cr	4.04Cr
EBIT	3.44Cr	3.45Cr	3.75Cr	3.25Cr	4.04Cr
Effective Tax Rate - (Ratio)	20.33	4.48	18.45	28	8.84
Total Current Taxes	1.26Cr	2L	19.38L	-2L	-
Total Deferred Taxes	40.2L	17.23L	-93.61L	-1.83Cr	-
Normalized Net Income	84.86L	1.49Cr	1.3Cr	75.24L	98.95L
Supplemental Operating Expense Items
General and Administrative Expenses	71.14L	96.06L	-	-	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Gross Property Plant And Equipment	91Cr	94Cr	92Cr	87Cr	90Cr
Accumulated Depreciation	-34.27L	-52.03L	-72.72L	-1.07Cr	-1.35Cr
Net Property Plant And Equipment	91Cr	94Cr	91Cr	86Cr	89Cr
Total Real Estate Assets	91Cr	94Cr	91Cr	86Cr	89Cr
Cash And Equivalents	2.77Cr	1.24Cr	1.76Cr	1.5Cr	1.74Cr
Accounts Receivable, Total	1.69Cr	1.88Cr	3.07Cr	2.52Cr	2.65Cr
Other Receivables	84.79L	88.94L	1.14Cr	83.09L	63.26L
Investment In Debt and Equity Securities	1L	3L	3L	34.19L	22.42L
Goodwill	-	-	2.09Cr	-	6L
Other Intangibles, Total	2L	86T	10.54L	8L	8L
Other Current Assets, Total	2.57Cr	2.34Cr	1.88Cr	2.27Cr	3.22Cr
Deferred Tax Assets Long-Term (Collected)	23.66L	49.84L	31.19L	9L	72.97L
Other Long-Term Assets, Total	36L	36.23L	1.36Cr	1.13Cr	1.05Cr
Total Assets	99Cr	100.89Cr	103.17Cr	95Cr	100Cr
Liabilities
Current Portion of Long-Term Debt	3.72Cr	3.8Cr	9.05Cr	4.56Cr	8.21Cr
Current Portion of Leases	26.24L	26.2L	5L	5L	5L
Short-Term Borrowings	59.1L	59.1L	-	-	-
Long-Term Debt	33Cr	36Cr	36Cr	40Cr	38Cr
Long-Term Leases	78.5L	76.24L	96.12L	91.01L	90.59L
Accounts Payable, Total	1.24Cr	1.21Cr	1.83Cr	1.84Cr	1.12Cr
Accrued Expenses, Total	5L	7L	17.91L	21.05L	20.55L
Current Income Taxes Payable	1.84Cr	78.95L	1.02Cr	82.73L	88.87L
Unearned Revenue, Current	-	1.65Cr	1.94Cr	1.88Cr	1.91Cr
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	2.25Cr	62.03L	88.5L	1.09Cr	97.76L
Pension & Other Post Retirement Benefits	49T	53T	3L	3L	3L
Deferred Tax Liability Non-Current	12Cr	13Cr	12Cr	9.47Cr	10Cr
Other Non Current Liabilities	1T	-1T	89.54L	91.18L	94.23L
Total Liabilities	56Cr	59Cr	65Cr	61Cr	64Cr
Common Stock, Total	30T	30T	30T	30T	28T
Additional Paid In Capital	-	-	-	-	26.02L
Retained Earnings	5.93Cr	3.07Cr	-3.42Cr	-4.86Cr	2.17Cr
Comprehensive Income and Other	34Cr	39Cr	42Cr	38Cr	31Cr
Total Common Equity	40Cr	42Cr	38Cr	33Cr	33Cr
Minority Interest	3.03Cr	27T	29T	-	2.85Cr
Total Equity	43Cr	42Cr	38Cr	33Cr	36Cr
Total Liabilities And Equity	99Cr	100.89Cr	103.17Cr	95Cr	100Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2L	2L	2L	2L	1.44Cr
ECS Total Common Shares Outstanding	2L	2L	2L	2L	1.44Cr
Book Value / Share	1.99T	2.11T	1.92T	1.66T	22.84
Tangible Book Value	40Cr	42Cr	36Cr	33Cr	33Cr
Tangible Book Value Per Share	1.99T	2.11T	1.81T	1.66T	22.74
Total Debt	39Cr	42Cr	47Cr	45Cr	47Cr
Net Debt	36Cr	40Cr	45Cr	44Cr	46Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	53T	3L	3L	3L
Minority Interest, Total (Incl. Fin. Div)	3.03Cr	27T	29T	-	2.85Cr
Account Code - Inventory Valuation	-	3	3	3	3
Inventories - Raw Materials, Total	-	-	10L	10L	9L
Inventories - Finished Goods, Total	26.26L	16.03L	3L	-	-
Buildings, Total	-	-	1.44Cr	1.44Cr	1.44Cr
Machinery, Total	52.42L	92.45L	1.55Cr	1.71Cr	1.76Cr
Full Time Employees	-	82	203	244	191
Accumulated Allowance for Doubtful Accounts (Supple)	7L	10.54L	24.62L	35.8L	65.72L

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	5.93Cr	3.07Cr	-3.42Cr	-4.86Cr	2.17Cr
Depreciation, Depletion & Amortization	12.82L	17.91L	29.96L	38.97L	43.68L
Amortization of Goodwill and Intangible Assets - (CF)	-	-	21.64L	3L	-
Total Depreciation, Depletion & Amortization	12.82L	17.91L	51.6L	42.3L	43.68L
Amortization of Deferred Charges, Total	76T	77T	1L	2L	3L
(Gain) Loss On Sale of Asset - (CF)	14.23L	2L	-82T	2L	-1.04Cr
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-20T	-
Total Asset Writedown	-5.57Cr	-95.82L	4.01Cr	7.98Cr	35.53L
Change in Accounts Receivable	48.73L	7L	-84L	1.02Cr	-
Change In Inventories	88.65L	10.23L	12.13L	3L	-
Change in Other Net Operating Assets (Collected)	-3.1Cr	-18.06L	-69.19L	-55.46L	-1.01Cr
Other Operating Activities	3.13Cr	34.69L	1.26Cr	31.57L	2.67Cr
Cash from Operations	2.05Cr	2.65Cr	95.8L	4.4Cr	3.61Cr
Acquisition of Real Estate Assets, Total	-7.39Cr	-3.33Cr	-3.72Cr	-4.67Cr	-5.47Cr
Sale of Real Estate Assets, Total	10Cr	1.09Cr	3.44Cr	3.5Cr	2.79Cr
Net Sale / Acquisition of Real Estate Assets	2.9Cr	-2.23Cr	-28.24L	-1.18Cr	-2.68Cr
Purchase / Sale of Intangible Assets	-	-	-	-	-3L
Investment in Marketable and Equity Securities, Total	7T	7T	-1.16Cr	-	7L
Other Investing Activities, Total	-	-5T	-1.43Cr	-	-83.7L
Cash from Investing	2.9Cr	-2.23Cr	-2.87Cr	-1.18Cr	-3.47Cr
Long-Term Debt Issued, Total	4.99Cr	9.95Cr	16Cr	11Cr	6.77Cr
Total Debt Issued	4.99Cr	9.95Cr	16Cr	11Cr	6.77Cr
Short Term Debt Repaid, Total	-20T	-	-	-	-
Long-Term Debt Repaid, Total	-7.11Cr	-6.77Cr	-11Cr	-12Cr	-5.15Cr
Total Debt Repaid	-7.11Cr	-6.77Cr	-11Cr	-12Cr	-5.15Cr
Issuance of Common Stock	-	-	-	-	1.15Cr
Common Dividends Paid	-12L	-12L	-25L	-25L	-40L
Common & Preferred Stock Dividends Paid	-12L	-12L	-25L	-25L	-40L
Other Financing Activities, Total	-1.46Cr	-5Cr	-1.92Cr	-2.06Cr	-2.26Cr
Cash from Financing	-3.69Cr	-1.94Cr	2.43Cr	-3.49Cr	10.63L
Miscellaneous Cash Flow Adjustments	-2T	1T	25T	22T	-2T
Net Change in Cash	1.25Cr	-1.53Cr	52.05L	-26.17L	24.28L
Supplemental Items
Cash Interest Paid	97.57L	1.03Cr	1.71Cr	2.09Cr	2.24Cr
Cash Income Tax Paid (Refund)	-66T	1.01Cr	25.79L	31T	9T
Net Debt Issued / Repaid	-2.12Cr	3.18Cr	4.61Cr	-1.18Cr	1.62Cr
Levered Free Cash Flow	-	5L	1.79Cr	1.25Cr	-21.62L
Unlevered Free Cash Flow	-	82.21L	3.06Cr	2.66Cr	1.19Cr
Change In Net Working Capital	-	1.06Cr	-54.4L	-46.33L	1.63Cr

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	-	2.16	2.3	2.06	2.6
Return on Total Capital	-	2.61	2.78	2.49	3.13
Return On Equity %	-	7.21	-8.48	-13.57	6.93
Return on Common Equity	-	7.47	-8.48	-13.57	6.56
Margin Analysis
Gross Profit Margin %	60.33	71.61	59.12	68.4	71.46
SG&A Margin	14.62	20.36	29	26.32	22
EBITDA Margin %	39.59	47.02	40.65	40.14	45.84
EBITA Margin %	39.05	45.71	38.33	36.48	41.92
EBIT Margin %	39.05	45.71	36.23	36.11	41.92
Income From Continuing Operations Margin %	71.32	40.6	-33.03	-53.87	24.84
Net Income Margin %	67.21	40.59	-33.04	-53.87	22.52
Net Avail. For Common Margin %	67.21	40.59	-33.04	-53.87	22.52
Normalized Net Income Margin	9.62	19.76	12.58	8.35	10.28
Levered Free Cash Flow Margin	-	0.64	17.27	13.92	-2.25
Unlevered Free Cash Flow Margin	-	10.88	29.63	29.46	12.32
Asset Turnover
Asset Turnover	-	0.08	0.1	0.09	0.1
Fixed Assets Turnover	-	0.08	0.11	0.1	0.11
Receivables Turnover (Average Receivables)	-	3.16	2.46	2.33	2.6
Inventory Turnover (Average Inventory)	-	10.15	29.28	25.14	29.49
Short Term Liquidity
Current Ratio	0.79	0.71	0.53	0.68	0.62
Quick Ratio	0.53	0.45	0.4	0.46	0.38
Operating Cash Flow to Current Liabilities	0.21	0.3	0.06	0.42	0.27
Days Sales Outstanding (Average Receivables)	-	115.47	148.45	157.37	140.23
Days Outstanding Inventory (Average Inventory)	-	35.97	12.46	14.56	12.38
Average Days Payable Outstanding	-	219.01	132.25	238.75	197.64
Cash Conversion Cycle (Average Days)	-	-67.57	28.66	-66.82	-45.03
Long Term Solvency
Total Debt/Equity	90.4	98.41	121.33	135.9	132.07
Total Debt / Total Capital	47.48	49.6	54.82	57.61	56.91
LT Debt/Equity	79.74	87.38	97.6	122.01	109
Long-Term Debt / Total Capital	41.88	44.04	44.1	51.72	46.97
Total Liabilities / Total Assets	56.85	58.13	62.84	64.89	64.03
EBIT / Interest Expense	2.89	2.79	1.83	1.45	1.8
EBITDA / Interest Expense	2.99	2.94	2.08	1.64	1.99
(EBITDA - Capex) / Interest Expense	2.76	2.56	1.91	1.51	1.93
Total Debt / EBITDA	10.85	11.44	10.91	12.27	10.57
Net Debt / EBITDA	10.08	11.1	10.5	11.87	10.18
Total Debt / (EBITDA - Capex)	11.76	13.1	11.89	13.32	10.92
Net Debt / (EBITDA - Capex)	10.92	12.71	11.44	12.88	10.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-14.33	36.86	-12.87	6.84
Gross Profit, 1 Yr. Growth %	-	1.68	12.99	0.81	11.62
EBITDA, 1 Yr. Growth %	-	1.73	18.32	-13.95	22
EBITA, 1 Yr. Growth %	-	0.28	14.75	-17.07	22.78
EBIT, 1 Yr. Growth %	-	0.28	8.49	-13.17	24.03
Earnings From Cont. Operations, 1 Yr. Growth %	-	-51.23	-211.35	42.09	-149.27
Net Income, 1 Yr. Growth %	-	-48.26	-211.38	42.08	-144.67
Diluted EPS Before Extra, 1 Yr. Growth %	-	-48.26	-211.38	42.08	-101.21
Normalized Net Income, 1 Yr. Growth %	-	75.98	-12.87	-42.16	31.5
Net Property, Plant and Equip., 1 Yr. Growth %	-	3.01	-2.36	-6.11	3.84
Inventory, 1 Yr. Growth %	-	-38.96	-19.84	-23.66	-9.99
Accounts Receivable, 1 Yr. Growth %	-	11.79	62.98	-18.06	5.34
Total Assets, 1 Yr. Growth %	-	1.51	2.27	-8.31	5.21
Common Equity, 1 Yr. Growth %	-	5.96	-9.22	-13.37	-0.78
Tangible Book Value, 1 Yr. Growth %	-	5.98	-14.39	-8.34	-0.98
Cash From Operations, 1 Yr. Growth %	-	29.61	-63.9	359.74	-18.04
Capital Expenditures, 1 Yr. Growth %	-	65.84	-24.01	-17.27	-49.88
Levered Free Cash Flow, 1 Yr. Growth %	-	-	3.57T	-29.75	-117.23
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	272.81	-13.36	-55.32
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	8.28	9.2	-3.51
Gross Profit, 2 Yr. CAGR %	-	-	7.19	6.73	6.08
EBITDA, 2 Yr. CAGR %	-	-	9.71	0.9	2.46
EBITA, 2 Yr. CAGR %	-	-	7.27	-2.45	0.9
EBIT, 2 Yr. CAGR %	-	-	4.31	-2.94	3.78
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-26.31	25.78	-16.33
Net Income, 2 Yr. CAGR %	-	-	-24.09	25.8	-20.33
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-24.09	25.8	-86.89
Normalized Net Income, 2 Yr. CAGR %	-	-	23.82	-29.01	-12.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	0.29	-4.25	-1.26
Inventory, 2 Yr. CAGR %	-	-	-30.05	-21.77	-17.1
Accounts Receivable, 2 Yr. CAGR %	-	-	34.98	15.56	-7.1
Total Assets, 2 Yr. CAGR %	-	-	1.89	-3.16	-1.78
Common Equity, 2 Yr. CAGR %	-	-	-1.92	-11.32	-7.29
Tangible Book Value, 2 Yr. CAGR %	-	-	-4.75	-11.42	-4.73
Cash From Operations, 2 Yr. CAGR %	-	-	-31.6	28.83	94.11
Capital Expenditures, 2 Yr. CAGR %	-	-	12.26	-20.71	-35.61
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	408.01	-65.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	79.72	-37.78
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	0.72	8.41
Gross Profit, 3 Yr. CAGR %	-	-	-	5.02	8.34
EBITDA, 3 Yr. CAGR %	-	-	-	1.18	7.49
EBITA, 3 Yr. CAGR %	-	-	-	-1.55	5.32
EBIT, 3 Yr. CAGR %	-	-	-	-1.88	5.32
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-8.28	-7.97
Net Income, 3 Yr. CAGR %	-	-	-	-6.45	-10.92
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-6.45	-73.25
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-3.93	-12.82
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-1.89	-1.63
Inventory, 3 Yr. CAGR %	-	-	-	-27.98	-18.03
Accounts Receivable, 3 Yr. CAGR %	-	-	-	14.29	12.05
Total Assets, 3 Yr. CAGR %	-	-	-	-1.63	-0.45
Common Equity, 3 Yr. CAGR %	-	-	-	-5.9	-7.94
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-5.96	-8.07
Cash From Operations, 3 Yr. CAGR %	-	-	-	29.09	10.8
Capital Expenditures, 3 Yr. CAGR %	-	-	-	1.4	-31.95
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	64.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	13