Finance For Food S.p.A. (BIT:FFF)

Finance For Food Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	1.11	1.01	1.58
Other Revenue	0	0.25	0.44
Revenue	1.11	1.26	2.02
Revenue Growth (YoY)	-11.79%	-37.85%	-
Cost of Revenue	0.73	0.77	1.4
Gross Profit	0.38	0.49	0.63
Selling, General & Admin	0.54	0.42	0.41
Other Operating Expenses	-0.26	0.01	0.02
Operating Expenses	0.31	0.46	0.46
Operating Income	0.07	0.02	0.16
Interest Expense	-	-0	-
Other Non Operating Income (Expenses)	-	0	0.02
Pretax Income	0.07	0.03	0.19
Income Tax Expense	0.04	0.02	0.05
Net Income	0.04	0.01	0.14
Net Income to Common	0.04	0.01	0.14
Net Income Growth	408.57%	-94.90%	-
Free Cash Flow	0.02	0.05	-
Gross Margin	34.37%	38.83%	30.93%
Operating Margin	6.43%	1.97%	8.12%
Profit Margin	3.19%	0.55%	6.75%
Free Cash Flow Margin	1.69%	3.65%	-
EBITDA	0.08	0.06	0.2
EBITDA Margin	7.50%	4.55%	9.69%
D&A For EBITDA	0.01	0.03	0.03
EBIT	0.07	0.02	0.16
EBIT Margin	6.43%	1.97%	8.12%
Effective Tax Rate	50.31%	74.66%	26.42%
Revenue as Reported	1.39	1.26	2.02

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