Aeroporto Guglielmo Marconi di Bologna S.p.A. (BIT:ADB)

BIT:ADB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	179.2	164.92	143.55	111.96	57.79
Revenue Growth (YoY)	8.65%	14.89%	28.21%	93.75%	-12.96%
Cost of Revenue	122.39	106.52	96.49	75.8	51.45
Gross Profit	56.81	58.4	47.06	36.16	6.34
Selling, General & Admin	0.82	0.61	0.86	0.67	0.38
Amortization of Goodwill & Intangibles	11.93	10.34	8.84	8.68	8.33
Other Operating Expenses	7.34	10.48	10.3	6.96	3.81
Operating Expenses	22.94	23.74	21.62	22.25	15.25
Operating Income	33.87	34.66	25.45	13.91	-8.91
Interest Expense	-1.93	-1.02	-1.66	-0.87	-0.75
Interest & Investment Income	0.02	0.02	0.02	0.02	0.02
Other Non Operating Income (Expenses)	2.67	1.35	0.34	1.71	0.7
EBT Excluding Unusual Items	34.63	35.02	24.15	14.77	-8.94
Gain (Loss) on Sale of Investments	0.59	-0.2	-0.08	-	-
Gain (Loss) on Sale of Assets	-0.03	-0.08	-0.05	0.01	-0.01
Asset Writedown	-	-0.4	-0.6	-	-
Legal Settlements	-0.44	-	-	-	-
Other Unusual Items	-	-	-	21.14	-
Pretax Income	34.76	34.33	23.42	35.92	-8.95
Income Tax Expense	9.92	9.9	6.72	4.81	-2.23
Earnings From Continuing Operations	24.84	24.44	16.71	31.11	-6.72
Net Income	24.84	24.44	16.71	31.11	-6.72
Net Income to Common	24.84	24.44	16.71	31.11	-6.72
Net Income Growth	1.66%	46.28%	-46.30%	-	-
Shares Outstanding (Basic)	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36
EPS (Basic)	0.69	0.68	0.46	0.86	-0.19
EPS (Diluted)	0.69	0.68	0.46	0.86	-0.19
EPS Growth	1.66%	47.05%	-46.58%	-	-
Free Cash Flow	23.99	44.02	32.53	67.87	-3.74
Free Cash Flow Per Share	0.66	1.22	0.90	1.88	-0.10
Dividend Per Share	0.350	0.471	0.264	-	-
Dividend Growth	-25.69%	78.41%	-	-	-
Gross Margin	31.70%	35.41%	32.78%	32.30%	10.97%
Operating Margin	18.90%	21.02%	17.73%	12.43%	-15.41%
Profit Margin	13.86%	14.82%	11.64%	27.79%	-11.62%
Free Cash Flow Margin	13.39%	26.69%	22.66%	60.61%	-6.47%
EBITDA	47	45.66	35.29	27.84	1.65
EBITDA Margin	26.23%	27.68%	24.58%	24.86%	2.85%
D&A For EBITDA	13.13	11	9.84	13.92	10.56
EBIT	33.87	34.66	25.45	13.91	-8.91
EBIT Margin	18.90%	21.02%	17.73%	12.43%	-15.41%
Effective Tax Rate	28.54%	28.83%	28.67%	13.39%	-
Revenue as Reported	181.41	166.05	145.06	134.56	58.49
Advertising Expenses	0.82	0.61	0.86	0.67	0.38

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