IRCE S.p.A. (BIT:IRC)

IRCE S.p.A. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	377.64	397.65	402.78	454.7	457.14
Other Revenue	3.46	1.28	1.15	3.69	0.37
Revenue	381.11	398.93	403.93	458.38	457.51
Revenue Growth (YoY)	-4.47%	-1.24%	-11.88%	0.19%	54.61%
Cost of Revenue	331.2	341.18	351.55	408.18	402.55
Gross Profit	49.91	57.75	52.39	50.2	54.96
Selling, General & Admin	30.53	35.76	30.49	30.28	30.68
Other Operating Expenses	1.48	1.23	1.69	1.83	1.34
Operating Expenses	38.78	43.69	38.54	39.78	40.6
Operating Income	11.12	14.06	13.85	10.42	14.36
Interest Expense	-0.47	-4.7	-4.52	-4.04	-0.3
Interest & Investment Income	-	2.64	2.59	3.76	2.3
Currency Exchange Gain (Loss)	-	0.5	-0.02	-0.97	0.39
Other Non Operating Income (Expenses)	-	-	-	-	-2.59
EBT Excluding Unusual Items	10.65	12.5	11.89	9.17	14.16
Gain (Loss) on Sale of Assets	-	0.13	0.18	0.65	0.01
Asset Writedown	-0.32	-0.03	-	-	-0.16
Other Unusual Items	-	0.13	0.31	0.15	0.13
Pretax Income	10.33	12.9	12.47	10.3	14.16
Income Tax Expense	4.15	5.98	4.24	1.09	4.78
Earnings From Continuing Operations	6.18	6.92	8.23	9.2	9.38
Minority Interest in Earnings	-0	-0.02	-0	0.02	-0
Net Income	6.18	6.9	8.23	9.22	9.38
Net Income to Common	6.18	6.9	8.23	9.22	9.38
Net Income Growth	-10.49%	-16.12%	-10.82%	-1.62%	243.95%
Shares Outstanding (Basic)	26	26	27	27	27
Shares Outstanding (Diluted)	26	26	27	27	27
Shares Change (YoY)	-0.30%	-0.19%	-0.07%	-0.01%	-0.14%
EPS (Basic)	0.23	0.26	0.31	0.35	0.35
EPS (Diluted)	0.23	0.26	0.31	0.35	0.35
EPS Growth	-10.22%	-15.92%	-10.80%	-1.55%	244.19%
Free Cash Flow	-19.95	-17.42	36.99	4.05	-23.4
Free Cash Flow Per Share	-0.76	-0.66	1.39	0.15	-0.88
Dividend Per Share	0.060	0.060	0.060	0.060	0.050
Dividend Growth	-	-	-	20.00%	66.67%
Gross Margin	13.10%	14.48%	12.97%	10.95%	12.01%
Operating Margin	2.92%	3.52%	3.43%	2.27%	3.14%
Profit Margin	1.62%	1.73%	2.04%	2.01%	2.05%
Free Cash Flow Margin	-5.24%	-4.37%	9.16%	0.88%	-5.12%
EBITDA	17.9	20.72	20.6	17.5	21.63
EBITDA Margin	4.70%	5.19%	5.10%	3.82%	4.73%
D&A For EBITDA	6.78	6.66	6.76	7.07	7.27
EBIT	11.12	14.06	13.85	10.42	14.36
EBIT Margin	2.92%	3.52%	3.43%	2.27%	3.14%
Effective Tax Rate	40.15%	46.39%	34.00%	10.62%	33.75%
Revenue as Reported	381.11	399.44	404.53	459.56	457.72

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