ENAV S.p.A. (BIT: ENAV)

ENAV S.p.A. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,038	990.92	921.03	504.31	352.22	951.77
Other Revenue	-15.68	-26.91	-13.67	295.92	384.48	-84.17
Revenue	1,022	964.01	907.36	800.22	736.7	867.6
Revenue Growth (YoY)	9.94%	6.24%	13.39%	8.62%	-15.09%	2.17%
Cost of Revenue	-6.63	5.92	3.3	4.79	0.05	-3.53
Gross Profit	1,029	958.09	904.06	795.43	736.65	871.13
Selling, General & Admin	706.9	691.87	666.57	606.03	556.13	601.51
Other Operating Expenses	31.06	-20.62	-30.42	-27.93	-26.09	-28.38
Operating Expenses	868.72	802.02	768.24	711.28	674.28	714.83
Operating Income	160.24	156.07	135.82	84.16	62.37	156.29
Interest Expense	-5.98	-21.59	-9.35	-6.55	-6.28	-6.08
Interest & Investment Income	1.85	6.37	1.63	5.86	1.75	1.61
Currency Exchange Gain (Loss)	-0.57	-0.74	0.07	0.42	-0.59	0.24
Other Non Operating Income (Expenses)	11.61	21.33	19.61	18.9	12.82	14.03
EBT Excluding Unusual Items	167.15	161.43	147.78	102.79	70.06	166.09
Asset Writedown	2.52	-	-	-	-4.18	-0.12
Other Unusual Items	-	-	-	-	-0.88	-
Pretax Income	169.71	161.43	147.78	102.79	65	165.97
Income Tax Expense	53.72	48.72	43.29	24.76	11.03	47.7
Earnings From Continuing Operations	115.99	112.71	104.5	78.03	53.97	118.27
Minority Interest in Earnings	-0.18	0.21	0.51	0.34	0.31	0.16
Net Income	115.81	112.92	105	78.37	54.28	118.43
Net Income to Common	115.81	112.92	105	78.37	54.28	118.43
Net Income Growth	16.27%	7.54%	33.98%	44.37%	-54.17%	3.53%
Shares Outstanding (Basic)	-	542	541	541	541	541
Shares Outstanding (Diluted)	-	542	541	541	541	541
Shares Change (YoY)	-	0.07%	0.01%	0.07%	0.03%	-
EPS (Basic)	-	0.21	0.19	0.14	0.10	0.22
EPS (Diluted)	-	0.21	0.19	0.14	0.10	0.22
EPS Growth	-	9.75%	35.72%	40.00%	-54.36%	4.33%
Free Cash Flow	217.91	126.79	157.14	-228.65	-247.06	239.87
Free Cash Flow Per Share	-	0.23	0.29	-0.42	-0.46	0.44
Dividend Per Share	0.230	0.230	0.197	0.108	-	0.209
Dividend Growth	16.93%	16.93%	81.96%	-	-	4.80%
Gross Margin	100.65%	99.39%	99.64%	99.40%	99.99%	100.41%
Operating Margin	15.67%	16.19%	14.97%	10.52%	8.47%	18.01%
Profit Margin	11.33%	11.71%	11.57%	9.79%	7.37%	13.65%
Free Cash Flow Margin	21.31%	13.15%	17.32%	-28.57%	-33.54%	27.65%
EBITDA	290.29	284.54	262.18	213.41	200.44	295.78
EBITDA Margin	28.39%	29.52%	28.89%	26.67%	27.21%	34.09%
D&A For EBITDA	130.05	128.47	126.36	129.26	138.07	139.49
EBIT	160.24	156.07	135.82	84.16	62.37	156.29
EBIT Margin	15.67%	16.19%	14.97%	10.52%	8.47%	18.01%
Effective Tax Rate	31.65%	30.18%	29.29%	24.08%	16.96%	28.74%
Revenue as Reported	1,042	1,011	952.78	845.11	780.87	911.91

Source: S&P Capital IQ. Standard template. Financial Sources.