ENAV S.p.A. (FRA:ENV)

ENAV 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,112	1,055	990.92	921.03	504.31	352.22
Other Revenue	-115.55	-43.93	-17.73	-13.67	295.92	384.48
Revenue	996.72	1,011	973.18	907.36	800.22	736.7
Revenue Growth (YoY)	-0.18%	3.94%	7.25%	13.39%	8.62%	-15.09%
Cost of Revenue	9.55	11.33	5.92	3.3	4.79	0.05
Gross Profit	987.16	1,000	967.26	904.06	795.43	736.65
Selling, General & Admin	727.71	709.71	688.4	666.57	606.03	556.13
Other Operating Expenses	-19.82	-18.38	-12.58	-30.42	-27.93	-26.09
Operating Expenses	836.3	825.63	806.59	768.24	711.28	674.28
Operating Income	150.86	174.52	160.67	135.82	84.16	62.37
Interest Expense	-22.6	-24.28	-21.59	-9.35	-6.55	-6.28
Interest & Investment Income	9.42	8.77	6.37	1.63	5.86	1.75
Currency Exchange Gain (Loss)	-1.03	0.37	-0.74	0.07	0.42	-0.59
Other Non Operating Income (Expenses)	18.51	19.53	16.73	19.61	18.9	12.82
EBT Excluding Unusual Items	155.15	178.92	161.43	147.78	102.79	70.06
Asset Writedown	-	-	-	-	-	-4.18
Other Unusual Items	-	-	-	-	-	-0.88
Pretax Income	153.43	178.92	161.43	147.78	102.79	65
Income Tax Expense	43.73	53.2	48.72	43.29	24.76	11.03
Earnings From Continuing Operations	109.7	125.71	112.71	104.5	78.03	53.97
Minority Interest in Earnings	0.22	0.11	0.21	0.51	0.34	0.31
Net Income	109.92	125.83	112.92	105	78.37	54.28
Net Income to Common	109.92	125.83	112.92	105	78.37	54.28
Net Income Growth	-6.38%	11.43%	7.54%	33.98%	44.38%	-54.16%
Shares Outstanding (Basic)	616	542	542	541	541	541
Shares Outstanding (Diluted)	616	542	542	541	541	541
Shares Change (YoY)	18.45%	0.04%	0.07%	0.01%	0.07%	0.03%
EPS (Basic)	0.18	0.23	0.21	0.19	0.14	0.10
EPS (Diluted)	0.18	0.23	0.21	0.19	0.14	0.10
EPS Growth	-21.84%	10.30%	9.75%	35.72%	40.00%	-54.36%
Free Cash Flow	205.6	173.92	126.79	157.14	-228.65	-247.06
Free Cash Flow Per Share	0.33	0.32	0.23	0.29	-0.42	-0.46
Dividend Per Share	0.270	0.270	0.230	0.197	0.108	-
Dividend Growth	17.39%	17.39%	16.93%	81.96%	-	-
Gross Margin	99.04%	98.88%	99.39%	99.64%	99.40%	99.99%
Operating Margin	15.14%	17.25%	16.51%	14.97%	10.52%	8.47%
Profit Margin	11.03%	12.44%	11.60%	11.57%	9.79%	7.37%
Free Cash Flow Margin	20.63%	17.19%	13.03%	17.32%	-28.57%	-33.54%
EBITDA	275.7	306.37	289.14	262.18	213.41	200.44
EBITDA Margin	27.66%	30.29%	29.71%	28.89%	26.67%	27.21%
D&A For EBITDA	124.84	131.85	128.47	126.36	129.26	138.07
EBIT	150.86	174.52	160.67	135.82	84.16	62.37
EBIT Margin	15.14%	17.25%	16.51%	14.97%	10.52%	8.47%
Effective Tax Rate	28.50%	29.74%	30.18%	29.29%	24.08%	16.96%
Revenue as Reported	1,037	1,049	1,011	952.78	845.11	780.87

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