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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	400.25	397.65	402.78	454.7	457.14	295.26
Other Revenue	1.61	1.28	1.15	3.69	0.37	0.64
Revenue	401.86	398.93	403.93	458.38	457.51	295.91
Revenue Growth (YoY)	2.81%	-1.24%	-11.88%	0.19%	54.61%	-5.36%
Cost of Revenue	343.76	341.18	351.55	408.18	402.55	255.32
Gross Profit	58.1	57.75	52.39	50.2	54.96	40.58
Selling, General & Admin	35.98	35.76	30.49	30.28	30.68	28.68
Other Operating Expenses	1.16	1.23	1.69	1.83	1.34	1.3
Operating Expenses	43.84	43.69	38.54	39.78	40.6	37.53
Operating Income	14.26	14.06	13.85	10.42	14.36	3.06
Interest Expense	-5.11	-4.7	-4.52	-4.04	-0.3	-1.09
Interest & Investment Income	2.8	2.64	2.59	3.76	2.3	2.47
Currency Exchange Gain (Loss)	0.39	0.5	-0.02	-0.97	0.39	-0.29
Other Non Operating Income (Expenses)	-	-	-	-	-2.59	-
EBT Excluding Unusual Items	12.34	12.5	11.89	9.17	14.16	4.15
Gain (Loss) on Sale of Assets	0.1	0.13	0.18	0.65	0.01	-0.04
Asset Writedown	-0.25	-0.03	-	-	-0.16	-
Other Unusual Items	0.06	0.13	0.31	0.15	0.13	0.07
Pretax Income	12.48	12.9	12.47	10.3	14.16	4.29
Income Tax Expense	5.87	5.98	4.24	1.09	4.78	1.53
Earnings From Continuing Operations	6.61	6.92	8.23	9.2	9.38	2.76
Minority Interest in Earnings	-0	-0.02	-0	0.02	-0	-0.04
Net Income	6.61	6.9	8.23	9.22	9.38	2.73
Net Income to Common	6.61	6.9	8.23	9.22	9.38	2.73
Net Income Growth	-16.38%	-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)	-0.19%	-0.19%	-0.07%	-0.01%	-0.14%	-0.04%
EPS (Basic)	0.25	0.26	0.31	0.35	0.35	0.10
EPS (Diluted)	0.25	0.26	0.31	0.35	0.35	0.10
EPS Growth	-16.11%	-15.92%	-10.80%	-1.55%	244.19%	40.49%
Free Cash Flow	-23.1	-17.42	36.99	4.05	-23.4	2.85
Free Cash Flow Per Share	-0.87	-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	14.46%	14.48%	12.97%	10.95%	12.01%	13.71%
Operating Margin	3.55%	3.52%	3.43%	2.27%	3.14%	1.03%
Profit Margin	1.64%	1.73%	2.04%	2.01%	2.05%	0.92%
Free Cash Flow Margin	-5.75%	-4.37%	9.16%	0.88%	-5.12%	0.96%
EBITDA	20.93	20.72	20.6	17.5	21.63	9.99
EBITDA Margin	5.21%	5.19%	5.10%	3.82%	4.73%	3.38%
D&A For EBITDA	6.67	6.66	6.76	7.07	7.27	6.93
EBIT	14.26	14.06	13.85	10.42	14.36	3.06
EBIT Margin	3.55%	3.52%	3.43%	2.27%	3.14%	1.03%
Effective Tax Rate	47.04%	46.39%	34.00%	10.62%	33.75%	35.66%
Revenue as Reported	402.34	399.44	404.53	459.56	457.72	296.09

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