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

IRCE 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	393.33	397.65	402.78	454.7	457.14	295.26
Other Revenue	1.92	1.28	1.15	3.69	0.37	0.64
Revenue	395.25	398.93	403.93	458.38	457.51	295.91
Revenue Growth (YoY)	0.55%	-1.24%	-11.88%	0.19%	54.61%	-5.36%
Cost of Revenue	339.07	341.18	351.55	408.18	402.55	255.32
Gross Profit	56.18	57.75	52.39	50.2	54.96	40.58
Selling, General & Admin	36.09	35.76	30.49	30.28	30.68	28.68
Other Operating Expenses	0.71	1.23	1.69	1.83	1.34	1.3
Operating Expenses	42.57	43.69	38.54	39.78	40.6	37.53
Operating Income	13.62	14.06	13.85	10.42	14.36	3.06
Interest Expense	-5.08	-4.7	-4.52	-4.04	-0.3	-1.09
Interest & Investment Income	3.02	2.64	2.59	3.76	2.3	2.47
Currency Exchange Gain (Loss)	-0.13	0.5	-0.02	-0.97	0.39	-0.29
Other Non Operating Income (Expenses)	-	-	-	-	-2.59	-
EBT Excluding Unusual Items	11.44	12.5	11.89	9.17	14.16	4.15
Gain (Loss) on Sale of Assets	0	0.13	0.18	0.65	0.01	-0.04
Asset Writedown	-0.03	-0.03	-	-	-0.16	-
Other Unusual Items	0.09	0.13	0.31	0.15	0.13	0.07
Pretax Income	11.84	12.9	12.47	10.3	14.16	4.29
Income Tax Expense	5.95	5.98	4.24	1.09	4.78	1.53
Earnings From Continuing Operations	5.88	6.92	8.23	9.2	9.38	2.76
Minority Interest in Earnings	-0.01	-0.02	-0	0.02	-0	-0.04
Net Income	5.87	6.9	8.23	9.22	9.38	2.73
Net Income to Common	5.87	6.9	8.23	9.22	9.38	2.73
Net Income Growth	-27.79%	-16.12%	-10.82%	-1.62%	243.95%	40.36%
Shares Outstanding (Basic)	26	26	27	27	27	27
Shares Outstanding (Diluted)	26	26	27	27	27	27
Shares Change (YoY)	-0.17%	-0.19%	-0.07%	-0.01%	-0.14%	-0.04%
EPS (Basic)	0.22	0.26	0.31	0.35	0.35	0.10
EPS (Diluted)	0.22	0.26	0.31	0.35	0.35	0.10
EPS Growth	-27.62%	-15.92%	-10.80%	-1.55%	244.19%	40.49%
Free Cash Flow	-8.32	-17.42	36.99	4.05	-23.4	2.85
Free Cash Flow Per Share	-0.31	-0.66	1.39	0.15	-0.88	0.11
Dividend Per Share	0.060	0.060	0.060	0.060	0.050	0.030
Dividend Growth	-	-	-	20.00%	66.67%	-
Gross Margin	14.21%	14.48%	12.97%	10.95%	12.01%	13.71%
Operating Margin	3.45%	3.52%	3.43%	2.27%	3.14%	1.03%
Profit Margin	1.49%	1.73%	2.04%	2.01%	2.05%	0.92%
Free Cash Flow Margin	-2.10%	-4.37%	9.16%	0.88%	-5.12%	0.96%
EBITDA	19.51	20.72	20.6	17.5	21.63	9.99
EBITDA Margin	4.94%	5.19%	5.10%	3.82%	4.73%	3.38%
D&A For EBITDA	5.9	6.66	6.76	7.07	7.27	6.93
EBIT	13.62	14.06	13.85	10.42	14.36	3.06
EBIT Margin	3.45%	3.52%	3.43%	2.27%	3.14%	1.03%
Effective Tax Rate	50.30%	46.39%	34.00%	10.62%	33.75%	35.66%
Revenue as Reported	395.76	399.44	404.53	459.56	457.72	296.09

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