Garofalo Health Care S.p.A. (BIT: GHC)

Garofalo Health Care 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	444.6	360.98	314.76	277.87	206.78	194.36
Other Revenue	5.73	5.16	5.28	5.06	1.56	-
Revenue	450.33	366.14	320.04	282.93	208.34	194.36
Revenue Growth (YoY)	29.93%	14.40%	13.12%	35.80%	7.19%	25.86%
Cost of Revenue	357.52	285.45	251.39	222.42	169.09	150.63
Gross Profit	92.82	80.69	68.65	60.51	39.24	43.73
Selling, General & Admin	0.89	0.89	0.83	0.67	0.46	1.78
Other Operating Expenses	16.92	14.47	13.74	11.74	10.22	8.76
Operating Expenses	42.45	36.8	32.93	27.93	22.27	20.87
Operating Income	50.36	43.88	35.72	32.58	16.97	22.86
Interest Expense	-14.18	-10.29	-4.2	-4.21	-2.54	-2.06
Interest & Investment Income	0.51	0.28	0.02	0	0	0.03
Earnings From Equity Investments	0.2	0.17	0.13	0.21	0.23	0.31
Other Non Operating Income (Expenses)	-0.46	-0.46	-0.24	-0.25	-0.16	1.85
EBT Excluding Unusual Items	36.43	33.58	31.43	28.34	14.5	22.99
Gain (Loss) on Sale of Assets	0.08	0.08	0.14	0.06	0.03	0.04
Asset Writedown	-1.9	-1.67	-0.6	-0.19	-0.22	-1.25
Legal Settlements	-3.85	-2.39	-3.78	-2.73	-3.17	-2.17
Other Unusual Items	-0.7	-0.7	-	-	1.88	-
Pretax Income	30.1	28.93	27.37	25.48	13.02	19.61
Income Tax Expense	8.97	8.06	5.94	6.63	1.24	6.46
Earnings From Continuing Operations	21.13	20.87	21.43	18.84	11.78	13.15
Minority Interest in Earnings	-0.2	-0.07	-0.01	-0.01	-0	-0.01
Net Income	20.92	20.8	21.43	18.83	11.78	13.14
Net Income to Common	20.92	20.8	21.43	18.83	11.78	13.14
Net Income Growth	-9.33%	-2.93%	13.76%	59.87%	-10.36%	-3.25%
Shares Outstanding (Basic)	-	89	89	89	82	82
Shares Outstanding (Diluted)	-	89	89	89	82	82
Shares Change (YoY)	-	-0.40%	-0.37%	9.34%	-0.12%	-0.36%
EPS (Basic)	-	0.23	0.24	0.21	0.14	0.16
EPS (Diluted)	-	0.18	0.24	0.21	0.14	0.16
EPS Growth	-	-25.00%	14.29%	50.00%	-12.50%	-3.41%
Free Cash Flow	16.17	34.57	30.04	13.12	11.97	10.11
Free Cash Flow Per Share	-	0.39	0.34	0.15	0.15	0.12
Gross Margin	20.61%	22.04%	21.45%	21.39%	18.84%	22.50%
Operating Margin	11.18%	11.98%	11.16%	11.51%	8.15%	11.76%
Profit Margin	4.65%	5.68%	6.69%	6.66%	5.65%	6.76%
Free Cash Flow Margin	3.59%	9.44%	9.38%	4.64%	5.74%	5.20%
EBITDA	71.29	61.6	54.09	48.1	28.56	33.19
EBITDA Margin	15.83%	16.83%	16.90%	17.00%	13.71%	17.08%
D&A For EBITDA	20.93	17.72	18.36	15.52	11.59	10.33
EBIT	50.36	43.88	35.72	32.58	16.97	22.86
EBIT Margin	11.18%	11.98%	11.16%	11.51%	8.15%	11.76%
Effective Tax Rate	29.81%	27.85%	21.69%	26.04%	9.51%	32.93%
Revenue as Reported	452.9	368.7	322.58	283.67	210.85	196.54

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