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

The Italian Sea Group Balance Sheet

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
Cash & Equivalents	-	60.25	76.41	81.32	85.62	17.94
Cash & Short-Term Investments	-	60.25	76.41	81.32	85.62	17.94
Cash Growth	-	-21.15%	-6.03%	-5.02%	377.15%	211.78%
Accounts Receivable	53.02	163.51	113.08	70.94	51.57	37.17
Other Receivables	-	1.98	3.1	4.29	9.95	2.14
Receivables	53.02	165.48	116.17	75.22	61.52	39.3
Inventory	153.46	10.21	10.9	3.57	1.25	2.76
Prepaid Expenses	-	4.36	4.88	1.96	1.19	1.3
Other Current Assets	-	8.64	2.08	2.49	1.58	1.18
Total Current Assets	206.47	248.95	210.44	164.56	151.16	62.49
Property, Plant & Equipment	117.62	120.29	126.53	135.22	75.23	53.54
Long-Term Investments	0.03	0.72	1.33	3.15	0.41	0.28
Other Intangible Assets	35.17	34.77	34.87	34.69	3.55	3.55
Long-Term Deferred Tax Assets	0.7	-	3.04	-	-	-
Long-Term Deferred Charges	-	0.53	0.75	1.03	0.86	0.82
Other Long-Term Assets	0.97	0.81	0.43	3.63	3.86	2.27
Total Assets	360.96	406.06	377.39	342.26	235.08	122.95
Accounts Payable	130.96	121.88	90.57	78.77	57.15	34.24
Accrued Expenses	-	3.89	4.41	2.41	1.61	2.02
Current Portion of Long-Term Debt	-	11.63	11.66	14.2	10.77	2.53
Current Portion of Leases	-	0.98	0.82	1	0.71	0.84
Current Income Taxes Payable	-	24.25	14.27	7.64	3.63	1.9
Current Unearned Revenue	-	17.18	38.56	16.8	16.35	9.96
Other Current Liabilities	34.19	10.67	18.53	30.63	15.11	6.12
Total Current Liabilities	165.15	190.47	178.82	151.44	105.32	57.62
Long-Term Debt	33.37	48.96	54.59	66.29	23.86	10.85
Long-Term Leases	-	11.19	7.46	9.91	7.52	7.56
Long-Term Deferred Tax Liabilities	-	0.7	-	0.89	1.18	1.84
Other Long-Term Liabilities	9.51	8.89	4.42	3.48	3.55	4.04
Total Liabilities	209.23	261.09	246.25	233.26	142.19	82.73
Common Stock	26.5	26.5	26.5	26.5	26.5	21.75
Additional Paid-In Capital	45.43	45.43	45.4	45.43	45.43	12
Retained Earnings	8.54	39.19	42.21	29.35	20.67	6.24
Comprehensive Income & Other	71.26	33.84	17.03	7.72	0.29	0.24
Shareholders' Equity	151.73	144.96	131.14	109	92.89	40.22
Total Liabilities & Equity	360.96	406.06	377.39	342.26	235.08	122.95
Total Debt	33.37	72.76	74.54	91.39	42.86	21.79
Net Cash (Debt)	-33.37	-12.51	1.88	-10.07	42.76	-3.84
Net Cash Per Share	-0.63	-0.24	0.04	-0.19	0.81	-0.18
Filing Date Shares Outstanding	53	53	53	53	53	43.5
Total Common Shares Outstanding	53	53	53	53	53	43.5
Working Capital	41.33	58.48	31.62	13.12	45.84	4.87
Book Value Per Share	2.86	2.74	2.47	2.06	1.75	0.92
Tangible Book Value	116.56	110.2	96.26	74.32	89.33	36.67
Tangible Book Value Per Share	2.20	2.08	1.82	1.40	1.69	0.84
Land	-	11.22	10.94	7.1	3.03	3.03
Buildings	-	62.83	61.97	44.63	44.63	27.23
Machinery	-	80.52	79.86	53.55	52.3	50.26
Construction In Progress	-	2.26	4.71	26.03	8.41	10.21
Order Backlog	-	1,242	-	-	826.67	-

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