Realia Group's total revenue for the year decreased by 24.9%, with income from Commercial Property rising by 7.9% due to various factors. Meanwhile, income from Land & Homebuilding decreased by 55.1%, mainly due to fewer dwelling deliveries. Income from Services & Others increased by 24.4% due to new agreements related to third-party residential developments. Operational costs decreased by 26.5%, and provisions for risks increased significantly to €24.3m, compared to €2.94m in December 2021.
The only certain thing is the loss of the time value (while trading options)