Ascopiave Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	244.32	204.96	180.79	163.65	134.91
Revenue Growth (YoY)	19.20%	13.36%	10.47%	21.30%	-17.69%
Fuel & Purchased Power	2.34	2.94	2.27	2.88	2.06
Operations & Maintenance	-	4.66	3.81	4.05	3.32
Selling, General & Admin	-	34.21	31.81	29.59	22.89
Depreciation & Amortization	62.13	51.78	48.23	45.98	32.51
Other Operating Expenses	87.89	57.56	42.28	45.62	38.25
Total Operating Expenses	152.35	151.15	128.4	128.12	99.02
Operating Income	91.97	53.81	52.4	35.54	35.89
Interest Expense	-	-12.69	-11.11	-5.13	-1.58
Interest Income	11.33	4.67	6.02	4.39	3.53
Net Interest Expense	11.33	-8.02	-5.09	-0.74	1.95
Income (Loss) on Equity Investments	-0.32	7.89	3.57	7.87	19.89
Other Non-Operating Income (Expenses)	-	-2.19	-2.84	-1.07	-0.42
EBT Excluding Unusual Items	102.98	51.5	48.03	41.6	57.31
Gain (Loss) on Sale of Assets	-	-1.99	-5.36	-1.81	-1.25
Other Unusual Items	-	-0.18	-1.05	-1.81	-0.8
Pretax Income	102.98	49.33	41.63	37.97	55.26
Income Tax Expense	16.14	12.83	5.01	7	9.94
Earnings From Continuing Ops.	86.83	36.5	36.62	30.97	45.33
Earnings From Discontinued Ops.	-	-	0.06	1.47	-
Net Income to Company	86.83	36.5	36.68	32.44	45.33
Minority Interest in Earnings	0.01	-0.68	-0.5	0.23	-
Net Income	86.85	35.82	36.18	32.66	45.33
Net Income to Common	86.85	35.82	36.18	32.66	45.33
Net Income Growth	142.43%	-0.98%	10.75%	-27.93%	-22.79%
Shares Outstanding (Basic)	216	217	217	217	217
Shares Outstanding (Diluted)	216	217	217	217	217
Shares Change (YoY)	-0.06%	-0.06%	-	-	0.03%
EPS (Basic)	0.40	0.17	0.17	0.15	0.21
EPS (Diluted)	0.40	0.17	0.17	0.15	0.21
EPS Growth	142.58%	-0.91%	10.75%	-27.88%	-22.87%
Free Cash Flow	-	85.16	-19.66	73.34	81.34
Free Cash Flow Per Share	-	0.39	-0.09	0.34	0.38
Dividend Per Share	0.160	0.150	0.140	0.130	0.165
Dividend Growth	6.67%	7.14%	7.69%	-21.21%	3.13%
Profit Margin	35.55%	17.48%	20.01%	19.96%	33.60%
Free Cash Flow Margin	-	41.55%	-10.87%	44.81%	60.30%
EBITDA	147.86	104.22	99.37	80.34	67.9
EBITDA Margin	60.52%	50.85%	54.96%	49.09%	50.33%
D&A For EBITDA	55.89	50.41	46.98	44.8	32.01
EBIT	91.97	53.81	52.4	35.54	35.89
EBIT Margin	37.64%	26.25%	28.98%	21.71%	26.60%
Effective Tax Rate	15.68%	26.01%	12.02%	18.43%	17.98%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.