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

GVS S.p.A. 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	433.3	424.74	387.59	338.13	363.3	227.42
Other Revenue	-	-	-	1.54	1.22	1.22
Revenue	433.3	424.74	387.59	339.66	364.51	228.63
Revenue Growth (YoY)	1.43%	9.58%	14.11%	-6.82%	59.43%	8.84%
Cost of Revenue	196.48	199.26	185.82	128.1	119.36	89.5
Gross Profit	236.82	225.48	201.77	211.56	245.15	139.14
Selling, General & Admin	136.47	133.35	124.1	101.37	99.95	76.06
Other Operating Expenses	-3.36	-2.48	-1.33	1.59	1.17	0.94
Operating Expenses	162.02	158.49	147.03	121.56	116.62	89.65
Operating Income	74.8	66.99	54.74	89.99	128.53	49.49
Interest Expense	-21.16	-21.39	-8.78	-2.88	-3.25	-4.28
Currency Exchange Gain (Loss)	-18.14	-10.65	14.4	10.05	-9.47	2.39
Other Non Operating Income (Expenses)	2.5	2.38	0.07	0.25	-0.36	-0.05
EBT Excluding Unusual Items	38	37.33	60.43	97.42	115.45	47.56
Merger & Restructuring Charges	-0.09	-1.23	-2.9	-1.58	-	-
Gain (Loss) on Sale of Assets	-0.14	-0.07	-0.02	2.88	-0	0.73
Asset Writedown	-16.97	-17.09	-14.22	-5.38	-3.87	-3.91
Other Unusual Items	-2.01	-1.06	-8.68	-3.62	-5.7	-0.81
Pretax Income	19.1	18.32	34.63	89.76	105.89	43.67
Income Tax Expense	1.75	4.68	10.51	22.15	27.81	10.58
Earnings From Continuing Operations	17.35	13.64	24.12	67.6	78.08	33.09
Net Income to Company	-	13.64	24.12	67.6	78.08	33.09
Minority Interest in Earnings	0.01	0.01	-0.02	-0.01	-0.02	-0.01
Net Income	17.36	13.65	24.1	67.59	78.06	33.08
Net Income to Common	17.36	13.65	24.1	67.59	78.06	33.08
Net Income Growth	-	-43.37%	-64.35%	-13.42%	135.96%	43.39%
Shares Outstanding (Basic)	175	175	175	175	138	2
Shares Outstanding (Diluted)	175	175	175	175	139	2
Shares Change (YoY)	0.11%	0.09%	-0.08%	25.32%	9119.43%	-
EPS (Basic)	0.10	0.08	0.14	0.39	0.57	21.88
EPS (Diluted)	0.10	0.08	0.14	0.39	0.56	21.88
EPS Growth	-	-43.42%	-64.32%	-30.91%	-97.44%	43.39%
Free Cash Flow	79.03	80.26	58.28	36.04	86.77	44.65
Free Cash Flow Per Share	0.45	0.46	0.33	0.21	0.62	29.53
Dividend Per Share	-	-	-	-	0.130	-
Gross Margin	54.66%	53.09%	52.06%	62.28%	67.26%	60.86%
Operating Margin	17.26%	15.77%	14.12%	26.50%	35.26%	21.65%
Profit Margin	4.01%	3.21%	6.22%	19.90%	21.42%	14.47%
Free Cash Flow Margin	18.24%	18.90%	15.04%	10.61%	23.80%	19.53%
EBITDA	102.14	93.04	78.5	108.14	143.7	61.88
EBITDA Margin	23.57%	21.91%	20.25%	31.84%	39.42%	27.07%
D&A For EBITDA	27.33	26.05	23.76	18.14	15.17	12.39
EBIT	74.8	66.99	54.74	89.99	128.53	49.49
EBIT Margin	17.26%	15.77%	14.12%	26.50%	35.26%	21.65%
Effective Tax Rate	9.14%	25.53%	30.34%	24.68%	26.26%	24.23%
Revenue as Reported	441.44	432.36	392.03	343.08	365.21	230.59

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