GVS S.p.A. 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
Operating Revenue	424.66	428.54	424.74	387.59	338.13
Other Revenue	-	-	-	-	1.54
Revenue	424.66	428.54	424.74	387.59	339.66
Revenue Growth (YoY)	-0.91%	0.90%	9.58%	14.11%	-6.82%
Cost of Revenue	189.21	190.17	199.26	185.82	128.1
Gross Profit	235.46	238.37	225.48	201.77	211.56
Selling, General & Admin	132.84	137.38	130.37	124.1	101.37
Other Operating Expenses	-4.03	-2.44	0.49	-1.33	1.59
Operating Expenses	159.98	163.28	158.49	147.03	121.56
Operating Income	75.48	75.09	66.99	54.74	89.99
Interest Expense	-10.05	-16.83	-21.39	-8.78	-2.88
Currency Exchange Gain (Loss)	-20.39	3.89	-10.65	14.4	10.05
Other Non Operating Income (Expenses)	-0.23	2.56	2.38	0.07	0.25
EBT Excluding Unusual Items	44.81	64.7	37.33	60.43	97.42
Merger & Restructuring Charges	-4.1	-2.26	-2.39	-2.9	-1.58
Gain (Loss) on Sale of Assets	0.31	0.26	-0.07	-0.02	2.88
Asset Writedown	-14.39	-16.22	-16.11	-14.22	-5.38
Other Unusual Items	-0.99	-3.85	-0.89	-8.68	-3.62
Pretax Income	25.8	42.96	18.32	34.63	89.76
Income Tax Expense	7.38	9.59	4.68	10.51	22.15
Earnings From Continuing Operations	18.41	33.38	13.64	24.12	67.6
Minority Interest in Earnings	0.02	-0.01	0.01	-0.02	-0.01
Net Income	18.43	33.37	13.65	24.1	67.59
Net Income to Common	18.43	33.37	13.65	24.1	67.59
Net Income Growth	-44.77%	144.52%	-43.37%	-64.35%	-13.42%
Shares Outstanding (Basic)	188	176	175	175	175
Shares Outstanding (Diluted)	188	176	175	175	175
Shares Change (YoY)	7.28%	0.56%	0.09%	-0.07%	25.32%
EPS (Basic)	0.10	0.19	0.08	0.14	0.39
EPS (Diluted)	0.10	0.19	0.08	0.14	0.39
EPS Growth	-48.51%	143.15%	-43.42%	-64.32%	-30.91%
Free Cash Flow	20.78	67.93	80.26	58.28	36.04
Free Cash Flow Per Share	0.11	0.39	0.46	0.33	0.21
Gross Margin	55.45%	55.62%	53.09%	52.06%	62.29%
Operating Margin	17.77%	17.52%	15.77%	14.12%	26.50%
Profit Margin	4.34%	7.79%	3.21%	6.22%	19.90%
Free Cash Flow Margin	4.89%	15.85%	18.89%	15.04%	10.61%
EBITDA	106.4	102.73	94.02	78.5	108.14
EBITDA Margin	25.06%	23.97%	22.14%	20.25%	31.84%
D&A For EBITDA	30.92	27.64	27.04	23.76	18.14
EBIT	75.48	75.09	66.99	54.74	89.99
EBIT Margin	17.77%	17.52%	15.77%	14.12%	26.50%
Effective Tax Rate	28.62%	22.32%	25.53%	30.34%	24.68%
Revenue as Reported	433.19	436.36	432.36	392.03	343.08

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