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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	393.01	398.89	356.09	287.42	181.23	111.1
Other Revenue	-12.73	4.34	11.51	-	-	-
Revenue	380.29	403.23	367.6	287.42	181.23	111.1
Revenue Growth (YoY)	-7.27%	9.69%	27.90%	58.59%	63.13%	9.89%
Cost of Revenue	251.14	247.67	225.18	185.02	117.95	71.14
Gross Profit	129.14	155.56	142.42	102.4	63.28	39.96
Selling, General & Admin	63.68	66.74	58.45	47.51	27.59	22.64
Other Operating Expenses	28.25	26.88	19.62	15.35	13.63	8.9
Operating Expenses	102.42	105.06	90.08	73.2	46.96	36.31
Operating Income	26.72	50.5	52.34	29.19	16.32	3.66
Interest Expense	-12.52	-9.4	-6.45	-4.26	-3.28	-1.99
Interest & Investment Income	-	-	-	-	-	0.03
Other Non Operating Income (Expenses)	4.03	1.67	0.92	8.16	5.64	6.12
EBT Excluding Unusual Items	18.24	42.76	46.81	33.09	18.68	7.81
Gain (Loss) on Sale of Assets	18.72	18.72	-	-	-	-
Legal Settlements	0.94	0.86	-	-	-	-
Other Unusual Items	-4.83	-4.83	-1.57	-3.67	-0.53	-
Pretax Income	35.23	58.77	45.24	29.41	18.15	7.81
Income Tax Expense	18.17	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	17.05	33.89	36.91	24.05	16.32	6.24
Net Income to Common	17.05	33.89	36.91	24.05	16.32	6.24
Net Income Growth	-67.41%	-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)	-0.21%	-	-	-	143.68%	-50.00%
EPS (Basic)	0.32	0.64	0.70	0.45	0.31	0.29
EPS (Diluted)	0.31	0.63	0.70	0.45	0.31	0.29
EPS Growth	-68.28%	-9.54%	54.76%	46.12%	7.43%	2806.77%
Free Cash Flow	-16.66	-13.01	23.11	45.01	13.33	15.91
Free Cash Flow Per Share	-0.31	-0.24	0.44	0.85	0.25	0.73
Dividend Per Share	0.245	0.245	0.370	0.272	0.185	-
Dividend Growth	-33.78%	-33.78%	36.03%	47.03%	-	-
Gross Margin	33.96%	38.58%	38.74%	35.63%	34.92%	35.97%
Operating Margin	7.03%	12.52%	14.24%	10.16%	9.01%	3.29%
Profit Margin	4.48%	8.41%	10.04%	8.37%	9.01%	5.61%
Free Cash Flow Margin	-4.38%	-3.23%	6.29%	15.66%	7.36%	14.32%
EBITDA	30.88	56.98	63.86	39.08	20.52	7.6
EBITDA Margin	8.12%	14.13%	17.37%	13.60%	11.32%	6.84%
D&A For EBITDA	4.16	6.49	11.52	9.89	4.2	3.94
EBIT	26.72	50.5	52.34	29.19	16.32	3.66
EBIT Margin	7.03%	12.52%	14.24%	10.16%	9.01%	3.29%
Effective Tax Rate	51.59%	42.33%	18.41%	18.25%	10.09%	20.17%
Revenue as Reported	402.11	424.07	367.6	295.13	186.68	117.21

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