Italian Wine Brands S.p.A. (BIT:IWB)

Italian Wine Brands 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	395.87	401.94	429.13	390.65	313.23	204.31
Other Revenue	-	-	-	-	2.67	1.54
Revenue	395.87	401.94	429.13	390.65	315.89	205.85
Revenue Growth (YoY)	-6.54%	-6.34%	9.85%	23.67%	53.46%	29.70%
Cost of Revenue	319.92	326.21	363.45	341.41	267.48	172.19
Gross Profit	75.95	75.73	65.68	49.24	48.41	33.66
Selling, General & Admin	25.8	27.37	27.48	22.97	16.39	8.69
Other Operating Expenses	-1.41	-1.64	-3.23	-3.22	1.01	1.37
Operating Expenses	33.33	35.7	36.22	29.41	24.35	14.01
Operating Income	42.62	40.03	29.46	19.83	24.06	19.64
Interest Expense	-5.32	-5.22	-6.96	-4.42	-3.48	-0.88
Interest & Investment Income	-	0.45	0.27	0.02	0	0.02
Currency Exchange Gain (Loss)	0.34	0.34	-0.07	-0.28	0.25	-0.02
Other Non Operating Income (Expenses)	-0.53	-0.53	-1.03	-0.84	-0.71	-0.31
EBT Excluding Unusual Items	37.12	35.08	21.67	14.31	20.12	18.46
Merger & Restructuring Charges	-0.16	-0.1	-	-	-	-
Gain (Loss) on Sale of Assets	-0.18	-0.18	-0.03	-0.03	-	-
Asset Writedown	-0.39	-0.86	-1.6	-0.8	-1.15	-1.43
Other Unusual Items	-3.93	-3.11	-0.46	0.22	-	-
Pretax Income	32.46	30.84	19.57	13.7	18.97	17.03
Income Tax Expense	8.63	8.24	3.12	2.66	4.43	2.84
Earnings From Continuing Operations	23.83	22.61	16.46	11.03	14.54	14.19
Minority Interest in Earnings	-0.34	-0.27	-0.16	0.21	-	-
Net Income	23.49	22.34	16.3	11.24	14.54	14.19
Net Income to Common	23.49	22.34	16.3	11.24	14.54	14.19
Net Income Growth	13.49%	37.02%	44.99%	-22.66%	2.43%	79.67%
Shares Outstanding (Basic)	-	9	9	9	9	7
Shares Outstanding (Diluted)	-	9	9	9	9	7
Shares Change (YoY)	-	-0.42%	-0.58%	7.43%	19.45%	2.73%
EPS (Basic)	-	2.39	1.74	1.19	1.65	1.93
EPS (Diluted)	-	2.39	1.74	1.19	1.65	1.93
EPS Growth	-	37.60%	45.83%	-28.01%	-14.25%	74.90%
Free Cash Flow	37.7	40.61	39.24	18.14	5.75	14.1
Free Cash Flow Per Share	-	4.34	4.18	1.92	0.65	1.92
Dividend Per Share	-	0.500	0.500	0.100	0.100	0.250
Dividend Growth	-	-	400.00%	-	-60.00%	-50.00%
Gross Margin	19.18%	18.84%	15.30%	12.61%	15.32%	16.35%
Operating Margin	10.77%	9.96%	6.87%	5.08%	7.62%	9.54%
Profit Margin	5.93%	5.56%	3.80%	2.88%	4.60%	6.89%
Free Cash Flow Margin	9.52%	10.10%	9.14%	4.64%	1.82%	6.85%
EBITDA	47.15	45.6	41.43	29.5	31.01	23.6
EBITDA Margin	11.91%	11.34%	9.65%	7.55%	9.82%	11.47%
D&A For EBITDA	4.53	5.57	11.96	9.67	6.95	3.96
EBIT	42.62	40.03	29.46	19.83	24.06	19.64
EBIT Margin	10.77%	9.96%	6.87%	5.08%	7.62%	9.54%
Effective Tax Rate	26.60%	26.71%	15.92%	19.44%	23.37%	16.67%
Revenue as Reported	396.82	391.04	413.77	396.84	329.23	210.63
Advertising Expenses	-	1.94	1.83	1.18	1.1	0

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