Fiera Milano 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	379.89	273.15	283.83	220.29	122.3
Revenue Growth (YoY)	39.07%	-3.76%	28.85%	80.12%	66.09%
Cost of Revenue	192.02	141.44	138.43	114.24	72.91
Gross Profit	187.87	131.71	145.4	106.05	49.39
Selling, General & Admin	64.9	51.67	51.2	43.84	41.14
Amortization of Goodwill & Intangibles	-	4.66	4.94	4.66	3.2
Other Operating Expenses	-0.2	0.4	-0.36	3.9	2.79
Operating Expenses	116.17	103.54	102.34	98.3	95.07
Operating Income	71.69	28.17	43.06	7.75	-45.67
Interest Expense	-10.73	-12.11	-14.06	-13.09	-13.45
Interest & Investment Income	-	3.1	3.62	0.53	0.05
Earnings From Equity Investments	8.66	5.9	6.93	0.47	1.21
Currency Exchange Gain (Loss)	-	-0	0.07	0.42	-0.09
Other Non Operating Income (Expenses)	-	1.2	1.15	4.05	5.47
EBT Excluding Unusual Items	69.62	26.26	40.77	0.13	-52.49
Merger & Restructuring Charges	-	-2.07	-4.49	-1.93	-0.18
Gain (Loss) on Sale of Investments	-0	0.38	0.44	-0.73	0.72
Gain (Loss) on Sale of Assets	-	-0.08	-0	-0.02	0.06
Asset Writedown	-0.98	-0.16	-0.82	-1.28	-0.02
Other Unusual Items	-	-	-	-	66.99
Pretax Income	68.64	24.5	36.01	-3.71	15.12
Income Tax Expense	17.85	5.36	7.04	2.06	-24.37
Earnings From Continuing Operations	50.79	19.14	28.97	-5.76	39.48
Earnings From Discontinued Operations	-	-	16.5	-	4.6
Net Income to Company	50.79	19.14	45.47	-5.76	44.08
Minority Interest in Earnings	-0.49	0.13	-0	0.16	0.28
Net Income	50.3	19.27	45.47	-5.6	44.36
Net Income to Common	50.3	19.27	45.47	-5.6	44.36
Net Income Growth	160.99%	-57.61%	-	-	-
Shares Outstanding (Basic)	-	71	71	72	72
Shares Outstanding (Diluted)	-	71	71	72	72
Shares Change (YoY)	-	-0.27%	-0.41%	-0.03%	0.30%
EPS (Basic)	-	0.27	0.64	-0.08	0.62
EPS (Diluted)	-	0.27	0.64	-0.08	0.62
EPS Growth	-	-57.50%	-	-	-
Free Cash Flow	153.87	54.21	94.03	29.64	112.42
Free Cash Flow Per Share	-	0.76	1.32	0.41	1.57
Dividend Per Share	0.250	0.200	0.140	-	-
Dividend Growth	25.00%	42.86%	-	-	-
Gross Margin	49.45%	48.22%	51.23%	48.14%	40.39%
Operating Margin	18.87%	10.31%	15.17%	3.52%	-37.34%
Profit Margin	13.24%	7.06%	16.02%	-2.54%	36.27%
Free Cash Flow Margin	40.51%	19.85%	33.13%	13.46%	91.92%
EBITDA	122.87	34.93	50.1	14.63	-40.06
EBITDA Margin	32.34%	12.79%	17.65%	6.64%	-32.75%
D&A For EBITDA	51.17	6.76	7.04	6.88	5.62
EBIT	71.69	28.17	43.06	7.75	-45.67
EBIT Margin	18.87%	10.31%	15.17%	3.52%	-37.34%
Effective Tax Rate	26.01%	21.88%	19.54%	-	-
Revenue as Reported	-	273.15	283.83	220.29	122.3
Advertising Expenses	-	0.01	0.03	0.02	0.05

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