VNE S.p.A. Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	15.38	14.37	13.02	15.04	9.57
Other Revenue	0.06	0.06	0.46	0.6	0.14
Revenue	15.45	14.44	13.48	15.64	9.71
Revenue Growth (YoY)	8.26%	7.08%	-13.81%	61.06%	-
Cost of Revenue	9.15	8.8	8.82	10.07	7.57
Gross Profit	6.3	5.63	4.66	5.57	2.14
Selling, General & Admin	3.32	3.26	3.24	2.55	1.55
Amortization of Goodwill & Intangibles	0.54	0.52	0.58	0.4	0.11
Other Operating Expenses	0.24	0.41	0.42	1.25	0.33
Operating Expenses	5.48	5.47	5.38	5.22	2.05
Operating Income	0.81	0.16	-0.72	0.35	0.09
Interest Expense	-0.21	-0.23	-0.28	-0.16	-
Interest & Investment Income	-	-	-	-	0.08
Currency Exchange Gain (Loss)	-0.03	-0.02	-0	-0	-
Other Non Operating Income (Expenses)	0.22	0.09	0.07	0.02	-0
EBT Excluding Unusual Items	0.8	0.01	-0.94	0.2	0.18
Gain (Loss) on Sale of Investments	-	-	-	-	-0.1
Gain (Loss) on Sale of Assets	0.09	0.09	-	-	-
Pretax Income	0.89	0.1	-0.94	0.2	0.08
Income Tax Expense	-0.08	-0.19	0.14	0.16	0.06
Net Income	0.97	0.29	-1.08	0.05	0.02
Net Income to Common	0.97	0.29	-1.08	0.05	0.02
Net Income Growth	-	-	-	135.63%	-
Shares Outstanding (Basic)	3	4	4	3	-
Shares Outstanding (Diluted)	3	4	4	3	-
Shares Change (YoY)	-7.95%	-	18.92%	-	-
EPS (Basic)	0.29	0.08	-0.29	0.02	-
EPS (Diluted)	0.29	0.08	-0.29	0.02	-
Free Cash Flow	1.26	0.71	-0.3	1.48	-0.41
Free Cash Flow Per Share	0.37	0.19	-0.08	0.48	-
Gross Margin	40.77%	39.02%	34.57%	35.59%	22.01%
Operating Margin	5.27%	1.14%	-5.34%	2.23%	0.95%
Profit Margin	6.28%	2.03%	-8.00%	0.32%	0.22%
Free Cash Flow Margin	8.16%	4.94%	-2.24%	9.46%	-4.25%
EBITDA	2.45	1.67	0.26	1.77	0.26
EBITDA Margin	15.86%	11.55%	1.92%	11.30%	2.68%
D&A For EBITDA	1.64	1.5	0.98	1.42	0.17
EBIT	0.81	0.16	-0.72	0.35	0.09
EBIT Margin	5.27%	1.14%	-5.34%	2.23%	0.95%
Effective Tax Rate	-	-	-	75.81%	73.75%
Revenue as Reported	16.55	15.45	13.37	15.15	-
Advertising Expenses	-	0.07	-	-	-

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