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

FNM S.p.A. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	908.68	884.05	729.32	653.87	564.13	281.77
Other Revenue	35.02	22.09	21.65	21.19	19.63	11.05
Revenue	943.71	906.14	750.97	675.06	583.77	292.82
Revenue Growth (YoY)	17.27%	20.66%	11.24%	15.64%	99.36%	4.36%
Cost of Revenue	717.39	689.99	507.69	463.31	416.64	194.36
Gross Profit	226.32	216.15	243.28	211.75	167.13	98.46
Other Operating Expenses	9.9	9.05	33.88	19.32	12.38	31.35
Operating Expenses	147.59	142.65	139.4	107.16	92.62	70.77
Operating Income	78.73	73.49	103.88	104.58	74.51	27.69
Interest Expense	-20.26	-21.84	-16.09	-11.27	-12.43	-2.13
Interest & Investment Income	13.8	13.8	8.22	0.15	0.08	0.92
Earnings From Equity Investments	18.26	13.28	6.36	0.82	5.72	2.04
Other Non Operating Income (Expenses)	-1.67	-4.18	-0.88	8.23	2.03	0.69
EBT Excluding Unusual Items	88.86	74.55	101.49	102.51	69.91	29.21
Merger & Restructuring Charges	-	-	-	-	-1.81	-
Impairment of Goodwill	-	-	-	-2.71	-0.91	-2
Gain (Loss) on Sale of Investments	9.77	9.77	0.44	0.04	0.2	1.01
Gain (Loss) on Sale of Assets	0.02	0.02	-0.05	0.59	0.35	0.2
Asset Writedown	-4.36	-4.28	-1.27	-3.24	-	-0.45
Other Unusual Items	-0.48	-0.48	3.82	-0.36	-7.95	-1.15
Pretax Income	97.23	83	105.52	97.82	60.28	28.36
Income Tax Expense	23.93	23.4	23.52	28.27	17.14	3.67
Earnings From Continuing Operations	73.3	59.6	82	69.55	43.14	24.69
Minority Interest in Earnings	-2.42	-0.28	-1.14	-1.08	-2.26	-0.5
Net Income	70.89	59.33	80.86	68.48	40.88	24.19
Net Income to Common	70.89	59.33	80.86	68.48	40.88	24.19
Net Income Growth	-8.73%	-26.63%	18.08%	67.53%	69.01%	-20.13%
Shares Outstanding (Basic)	428	435	435	435	435	435
Shares Outstanding (Diluted)	428	435	435	435	435	435
EPS (Basic)	0.17	0.14	0.19	0.16	0.09	0.06
EPS (Diluted)	0.17	0.14	0.19	0.16	0.09	0.06
EPS Growth	-7.45%	-26.63%	18.08%	74.95%	61.84%	-20.13%
Free Cash Flow	56.85	109.31	139.76	60.74	104.32	-58.82
Free Cash Flow Per Share	0.13	0.25	0.32	0.14	0.24	-0.14
Dividend Per Share	0.018	0.018	0.023	0.023	0.023	-
Dividend Growth	-20.00%	-20.00%	-	-	-	-
Gross Margin	23.98%	23.85%	32.40%	31.37%	28.63%	33.63%
Operating Margin	8.34%	8.11%	13.83%	15.49%	12.76%	9.46%
Profit Margin	7.51%	6.55%	10.77%	10.14%	7.00%	8.26%
Free Cash Flow Margin	6.02%	12.06%	18.61%	9.00%	17.87%	-20.09%
EBITDA	206.03	197.05	201.79	183.04	144.08	63.18
EBITDA Margin	21.83%	21.75%	26.87%	27.11%	24.68%	21.58%
D&A For EBITDA	127.3	123.55	97.91	78.45	69.57	35.49
EBIT	78.73	73.49	103.88	104.58	74.51	27.69
EBIT Margin	8.34%	8.11%	13.83%	15.49%	12.76%	9.46%
Effective Tax Rate	24.61%	28.19%	22.29%	28.90%	28.44%	12.95%
Revenue as Reported	949.87	949.87	776.01	707.95	615.38	314.87

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.