The Italian Sea Group S.p.A. (BIT:TISG)

The Italian Sea Group 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	399.87	398.89	356.09	287.42	181.23	111.1
Other Revenue	4.63	4.34	11.51	-	-	-
Revenue	404.5	403.23	367.6	287.42	181.23	111.1
Revenue Growth (YoY)	7.80%	9.69%	27.90%	58.59%	63.13%	9.89%
Cost of Revenue	247.09	247.67	225.18	185.02	117.95	71.14
Gross Profit	157.41	155.56	142.42	102.4	63.28	39.96
Selling, General & Admin	67.44	66.74	58.45	47.51	27.59	22.64
Other Operating Expenses	27.4	26.88	19.62	15.35	13.63	8.9
Operating Expenses	106.16	105.06	90.08	73.2	46.96	36.31
Operating Income	51.26	50.5	52.34	29.19	16.32	3.66
Interest Expense	-10.17	-9.4	-6.45	-4.26	-3.28	-1.99
Interest & Investment Income	-	-	-	-	-	0.03
Other Non Operating Income (Expenses)	1.66	1.67	0.92	8.16	5.64	6.12
EBT Excluding Unusual Items	42.75	42.76	46.81	33.09	18.68	7.81
Gain (Loss) on Sale of Assets	18.72	18.72	-	-	-	-
Legal Settlements	0.86	0.86	-	-	-	-
Other Unusual Items	-4.5	-4.83	-1.57	-3.67	-0.53	-
Pretax Income	59.08	58.77	45.24	29.41	18.15	7.81
Income Tax Expense	24.97	24.88	8.33	5.37	1.83	1.58
Earnings From Continuing Operations	-	33.89	36.91	24.05	16.32	6.24
Net Income to Company	-	33.89	36.91	24.05	16.32	6.24
Net Income	34.11	33.89	36.91	24.05	16.32	6.24
Net Income to Common	34.11	33.89	36.91	24.05	16.32	6.24
Net Income Growth	-23.56%	-8.17%	53.50%	47.32%	161.78%	1353.38%
Shares Outstanding (Basic)	53	53	53	53	53	22
Shares Outstanding (Diluted)	53	53	53	53	53	22
Shares Change (YoY)	-0.34%	-	-	-	143.68%	-50.00%
EPS (Basic)	0.64	0.64	0.70	0.45	0.31	0.29
EPS (Diluted)	0.63	0.63	0.70	0.45	0.31	0.29
EPS Growth	-24.43%	-9.54%	54.76%	46.12%	7.43%	2806.77%
Free Cash Flow	-13.37	-13.01	23.11	45.01	13.33	15.91
Free Cash Flow Per Share	-0.25	-0.24	0.44	0.85	0.25	0.73
Dividend Per Share	-	0.245	0.370	0.272	0.185	-
Dividend Growth	-	-33.78%	36.03%	47.03%	-	-
Gross Margin	38.91%	38.58%	38.74%	35.63%	34.92%	35.97%
Operating Margin	12.67%	12.52%	14.24%	10.16%	9.01%	3.29%
Profit Margin	8.43%	8.41%	10.04%	8.37%	9.01%	5.61%
Free Cash Flow Margin	-3.31%	-3.23%	6.29%	15.66%	7.36%	14.32%
EBITDA	57.62	56.98	63.86	39.08	20.52	7.6
EBITDA Margin	14.25%	14.13%	17.37%	13.60%	11.32%	6.84%
D&A For EBITDA	6.37	6.49	11.52	9.89	4.2	3.94
EBIT	51.26	50.5	52.34	29.19	16.32	3.66
EBIT Margin	12.67%	12.52%	14.24%	10.16%	9.01%	3.29%
Effective Tax Rate	42.27%	42.33%	18.41%	18.25%	10.09%	20.17%
Revenue as Reported	425.34	424.07	367.6	295.13	186.68	117.21

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.