N. Varveris-Moda Bagno 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	34.72	33.69	31.29	24.86	19.17	13.23
Revenue Growth (YoY)	16.72%	7.66%	25.89%	29.68%	44.91%	-12.90%
Cost of Revenue	17.39	16.33	14.77	12.25	8.77	6.98
Gross Profit	17.33	17.36	16.52	12.6	10.39	6.24
Selling, General & Admin	11.23	10.51	9.27	8.47	6.7	4.99
Other Operating Expenses	1.1	1.17	1.07	1.33	-0.05	-0.14
Operating Expenses	12.32	11.68	10.34	9.8	6.64	4.86
Operating Income	5.01	5.68	6.18	2.8	3.75	1.38
Interest Expense	-0.34	-0.5	-0.61	-0.49	-0.44	-0.48
Interest & Investment Income	0.1	0.1	-	-	0	0.01
Currency Exchange Gain (Loss)	0.17	0.04	0.04	0.12	0.31	-0.1
Other Non Operating Income (Expenses)	-0.12	-0.37	-0.33	-0.32	-0.12	-0.05
EBT Excluding Unusual Items	4.82	4.94	5.28	2.11	3.5	0.76
Asset Writedown	0.04	-0.09	0.39	-0.16	-0.45	-0.22
Other Unusual Items	-1.06	-1.01	0	-0	-0.17	-0.43
Pretax Income	4.74	4.78	5.67	1.95	2.88	0.11
Income Tax Expense	1.26	1.24	1.57	0.88	0.86	0.11
Earnings From Continuing Operations	3.48	3.53	4.11	1.07	2.02	-0
Minority Interest in Earnings	-0	-0	-0.04	0.01	-0.07	-
Net Income	3.47	3.53	4.07	1.08	1.95	-0
Net Income to Common	3.47	3.53	4.07	1.08	1.95	-0
Net Income Growth	7.60%	-13.36%	277.78%	-44.70%	-	-
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
EPS (Basic)	0.18	0.19	0.22	0.06	0.10	-0.00
EPS (Diluted)	0.18	0.19	0.22	0.06	0.10	-0.00
EPS Growth	7.60%	-13.36%	277.78%	-44.70%	-	-
Free Cash Flow	3.08	5.67	3.14	2.9	3.18	1.5
Free Cash Flow Per Share	0.16	0.30	0.17	0.15	0.17	0.08
Dividend Per Share	0.059	0.059	0.038	-	-	-
Dividend Growth	55.04%	55.04%	-	-	-	-
Gross Margin	49.91%	51.54%	52.78%	50.70%	54.22%	47.20%
Operating Margin	14.42%	16.86%	19.74%	11.28%	19.55%	10.46%
Profit Margin	10.00%	10.47%	13.01%	4.33%	10.16%	-0.01%
Free Cash Flow Margin	8.86%	16.83%	10.04%	11.65%	16.58%	11.37%
EBITDA	4.91	5.9	7.43	4.01	4.94	2.49
EBITDA Margin	14.15%	17.50%	23.75%	16.14%	25.76%	18.80%
D&A For EBITDA	-0.1	0.22	1.26	1.21	1.19	1.1
EBIT	5.01	5.68	6.18	2.8	3.75	1.38
EBIT Margin	14.42%	16.86%	19.74%	11.28%	19.55%	10.46%
Effective Tax Rate	26.59%	26.07%	27.64%	45.13%	29.84%	101.69%

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