IRCE S.p.A. (BIT:IRC)

IRCE S.p.A. 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	376.54	397.65	402.78	454.7	457.14	295.26
Other Revenue	2.06	1.28	1.15	3.69	0.37	0.64
Revenue	378.6	398.93	403.93	458.38	457.51	295.91
Revenue Growth (YoY)	-5.00%	-1.24%	-11.88%	0.19%	54.61%	-5.36%
Cost of Revenue	327.86	341.18	351.55	408.18	402.55	255.32
Gross Profit	50.74	57.75	52.39	50.2	54.96	40.58
Selling, General & Admin	34.95	35.76	30.49	30.28	30.68	28.68
Other Operating Expenses	0.54	1.23	1.69	1.83	1.34	1.3
Operating Expenses	41.27	43.69	38.54	39.78	40.6	37.53
Operating Income	9.47	14.06	13.85	10.42	14.36	3.06
Interest Expense	-3.59	-4.7	-4.52	-4.04	-0.3	-1.09
Interest & Investment Income	2.63	2.64	2.59	3.76	2.3	2.47
Currency Exchange Gain (Loss)	-0.29	0.5	-0.02	-0.97	0.39	-0.29
Other Non Operating Income (Expenses)	-	-	-	-	-2.59	-
EBT Excluding Unusual Items	8.22	12.5	11.89	9.17	14.16	4.15
Gain (Loss) on Sale of Assets	1.22	0.13	0.18	0.65	0.01	-0.04
Asset Writedown	-0.03	-0.03	-	-	-0.16	-
Other Unusual Items	0.08	0.13	0.31	0.15	0.13	0.07
Pretax Income	10.03	12.9	12.47	10.3	14.16	4.29
Income Tax Expense	5.02	5.98	4.24	1.09	4.78	1.53
Earnings From Continuing Operations	5.02	6.92	8.23	9.2	9.38	2.76
Minority Interest in Earnings	-0.01	-0.02	-0	0.02	-0	-0.04
Net Income	5.01	6.9	8.23	9.22	9.38	2.73
Net Income to Common	5.01	6.9	8.23	9.22	9.38	2.73
Net Income Growth	-43.00%	-16.12%	-10.82%	-1.62%	243.95%	40.36%
Shares Outstanding (Basic)	26	26	27	27	27	27
Shares Outstanding (Diluted)	26	26	27	27	27	27
Shares Change (YoY)	-0.22%	-0.19%	-0.07%	-0.01%	-0.14%	-0.04%
EPS (Basic)	0.19	0.26	0.31	0.35	0.35	0.10
EPS (Diluted)	0.19	0.26	0.31	0.35	0.35	0.10
EPS Growth	-42.91%	-15.92%	-10.80%	-1.55%	244.19%	40.49%
Free Cash Flow	-11.42	-17.42	36.99	4.05	-23.4	2.85
Free Cash Flow Per Share	-0.43	-0.66	1.39	0.15	-0.88	0.11
Dividend Per Share	0.060	0.060	0.060	0.060	0.050	0.030
Dividend Growth	-	-	-	20.00%	66.67%	-
Gross Margin	13.40%	14.48%	12.97%	10.95%	12.01%	13.71%
Operating Margin	2.50%	3.52%	3.43%	2.27%	3.14%	1.03%
Profit Margin	1.32%	1.73%	2.04%	2.01%	2.05%	0.92%
Free Cash Flow Margin	-3.02%	-4.37%	9.16%	0.88%	-5.12%	0.96%
EBITDA	15.35	20.72	20.6	17.5	21.63	9.99
EBITDA Margin	4.05%	5.19%	5.10%	3.82%	4.73%	3.38%
D&A For EBITDA	5.88	6.66	6.76	7.07	7.27	6.93
EBIT	9.47	14.06	13.85	10.42	14.36	3.06
EBIT Margin	2.50%	3.52%	3.43%	2.27%	3.14%	1.03%
Effective Tax Rate	49.99%	46.39%	34.00%	10.62%	33.75%	35.66%
Revenue as Reported	380.53	399.44	404.53	459.56	457.72	296.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.