Italgas S.p.A. (BIT:IG)

Italgas Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,552	2,479	2,564	2,183	2,098	2,058
Other Revenue	19.36	18.29	41.94	65.61	36.1	38.9
Revenue	2,571	2,497	2,606	2,248	2,135	2,097
Revenue Growth (YoY)	-5.05%	-4.19%	15.92%	5.33%	1.80%	13.04%
Selling, General & Admin	103.4	101.57	91.37	110.28	94.16	95.58
Depreciation & Amortization	535.95	549.12	522.53	478.29	444.39	421.42
Provision for Bad Debts	-0.82	-0.82	0.12	-0.34	0.32	-0.02
Other Operating Expenses	1,097	1,098	1,308	1,062	1,028	976.35
Total Operating Expenses	1,735	1,748	1,922	1,651	1,567	1,493
Operating Income	835.77	748.69	683.88	597.67	568.06	603.5
Interest Expense	-143.5	-135.12	-90.86	-52.31	-47.3	-46.06
Interest Income	17.2	17.5	5.72	0.22	0.82	0.32
Net Interest Expense	-126.3	-117.62	-85.14	-52.09	-46.48	-45.74
Income (Loss) on Equity Investments	9.97	11.21	3.07	2.72	0.39	-
Other Non-Operating Income (Expenses)	15.76	15.95	6.09	15.1	12.17	16.15
EBT Excluding Unusual Items	735.19	658.24	607.9	563.4	534.14	573.9
Gain (Loss) on Sale of Investments	-	-	-	0.66	2.01	1.47
Gain (Loss) on Sale of Assets	6.54	1.89	1.21	25.33	-3.55	1.15
Asset Writedown	7.98	12.57	-23.02	-0.9	-0.86	-18.63
Other Unusual Items	-	-	-	-	-6.43	-
Pretax Income	749.71	672.69	586.1	588.5	525.3	557.88
Income Tax Expense	188.17	165.26	118.63	152.37	141.88	152.63
Earnings From Continuing Ops.	561.54	507.44	467.47	436.13	383.42	405.25
Minority Interest in Earnings	-31.46	-28.58	-27.9	-28.84	-20.61	-20.62
Net Income	530.09	478.85	439.57	407.29	362.81	384.63
Net Income to Common	530.09	478.85	439.57	407.29	362.81	384.63
Net Income Growth	16.89%	8.94%	7.93%	12.26%	-5.67%	-7.82%
Shares Outstanding (Basic)	811	811	811	815	806	801
Shares Outstanding (Diluted)	811	811	811	815	806	801
Shares Change (YoY)	0.02%	0.06%	-0.47%	1.03%	0.62%	-0.13%
EPS (Basic)	0.65	0.59	0.54	0.50	0.45	0.48
EPS (Diluted)	0.65	0.59	0.54	0.50	0.45	0.48
EPS Growth	17.28%	9.26%	8.00%	11.11%	-6.25%	-7.69%
Free Cash Flow	1,131	1,065	548.14	537.52	808.8	722.16
Free Cash Flow Per Share	1.39	1.31	0.68	0.66	1.00	0.90
Dividend Per Share	0.406	0.406	0.352	0.317	0.295	0.277
Dividend Growth	15.34%	15.34%	11.04%	7.46%	6.50%	8.20%
Profit Margin	20.62%	19.18%	16.87%	18.12%	17.00%	18.34%
Free Cash Flow Margin	43.99%	42.66%	21.03%	23.91%	37.89%	34.44%
EBITDA	1,343	1,265	1,175	1,051	989.51	1,022
EBITDA Margin	52.23%	50.68%	45.11%	46.76%	46.36%	48.76%
D&A For EBITDA	507.07	516.66	491.62	453.67	421.45	418.89
EBIT	835.77	748.69	683.88	597.67	568.06	603.5
EBIT Margin	32.51%	29.98%	26.24%	26.58%	26.61%	28.78%
Effective Tax Rate	25.10%	24.57%	20.24%	25.89%	27.01%	27.36%
Revenue as Reported	2,614	2,539	2,639	2,312	2,163	2,127

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.