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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	1,187	1,173	1,055	990.92	921.03	504.31
Other Revenue	-189.96	-190.4	-55.66	-17.73	-13.67	295.92
Revenue	997.53	982.71	999.75	973.18	907.36	800.22
Revenue Growth (YoY)	-0.14%	-1.70%	2.73%	7.25%	13.39%	8.62%
Cost of Revenue	4.96	6.82	11.33	5.92	3.3	4.79
Gross Profit	992.57	975.89	988.42	967.26	904.06	795.43
Selling, General & Admin	772.38	762.04	712.14	691.87	666.57	606.03
Other Operating Expenses	-35.97	-36.33	-31.91	-12.58	-30.42	-27.93
Operating Expenses	864.61	853.92	814.53	810.06	768.24	711.28
Operating Income	127.96	121.97	173.89	157.2	135.82	84.16
Interest Expense	-20.17	-21.1	-24.28	-21.59	-9.35	-6.55
Interest & Investment Income	9.32	9.32	8.77	6.37	1.63	5.86
Currency Exchange Gain (Loss)	-1.23	-1.23	0.37	-0.74	0.07	0.42
Other Non Operating Income (Expenses)	22.58	23.61	20.16	20.2	19.61	18.9
EBT Excluding Unusual Items	138.46	132.58	178.92	161.43	147.78	102.79
Asset Writedown	0.74	-	-	-	-	-
Pretax Income	139.21	132.58	178.92	161.43	147.78	102.79
Income Tax Expense	39.55	39.45	53.2	48.72	43.29	24.76
Earnings From Continuing Operations	99.65	93.13	125.71	112.71	104.5	78.03
Minority Interest in Earnings	-0.03	-0.07	0.11	0.21	0.51	0.34
Net Income	99.63	93.06	125.83	112.92	105	78.37
Net Income to Common	99.63	93.06	125.83	112.92	105	78.37
Net Income Growth	-9.67%	-26.05%	11.43%	7.54%	33.98%	44.38%
Shares Outstanding (Basic)	540	541	542	542	541	541
Shares Outstanding (Diluted)	540	541	542	542	541	541
Shares Change (YoY)	-	-0.06%	0.04%	0.07%	0.01%	0.07%
EPS (Basic)	0.18	0.17	0.23	0.21	0.19	0.14
EPS (Diluted)	0.18	0.17	0.23	0.21	0.19	0.14
EPS Growth	-	-26.09%	10.30%	9.75%	35.72%	40.00%
Free Cash Flow	268.39	255.64	173.92	126.79	157.14	-228.65
Free Cash Flow Per Share	0.50	0.47	0.32	0.23	0.29	-0.42
Dividend Per Share	-	0.290	0.270	0.230	0.197	0.108
Dividend Growth	-	7.41%	17.39%	16.93%	81.96%	-
Gross Margin	99.50%	99.31%	98.87%	99.39%	99.64%	99.40%
Operating Margin	12.83%	12.41%	17.39%	16.15%	14.97%	10.52%
Profit Margin	9.99%	9.47%	12.59%	11.60%	11.57%	9.79%
Free Cash Flow Margin	26.91%	26.01%	17.40%	13.03%	17.32%	-28.57%
EBITDA	252.06	247.63	305.74	285.67	262.18	213.41
EBITDA Margin	25.27%	25.20%	30.58%	29.35%	28.89%	26.67%
D&A For EBITDA	124.11	125.66	131.85	128.47	126.36	129.26
EBIT	127.96	121.97	173.89	157.2	135.82	84.16
EBIT Margin	12.83%	12.41%	17.39%	16.15%	14.97%	10.52%
Effective Tax Rate	28.41%	29.76%	29.74%	30.18%	29.29%	24.08%
Revenue as Reported	1,056	1,041	1,049	1,011	952.78	845.11

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