LU-VE S.p.A. (BIT: LUVE)

LU-VE Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	606.24	615.82	617.08	491.2	400.03	390.36
Other Revenue	0.4	0.33	1.54	0.8	1.43	1.23
Revenue	606.63	616.16	618.61	492.01	401.46	391.58
Revenue Growth (YoY)	-2.35%	-0.40%	25.73%	22.56%	2.52%	27.61%
Cost of Revenue	392.75	403.12	413.28	320.39	254.16	255.69
Gross Profit	213.88	213.04	205.34	171.62	147.3	135.9
Selling, General & Admin	131.08	130.76	127.27	107.25	94.53	85.48
Other Operating Expenses	2.63	2.67	3.3	3.11	3.65	2.79
Operating Expenses	166.86	166.57	162.93	140.92	131.57	112.62
Operating Income	47.03	46.47	42.41	30.7	15.73	23.28
Interest Expense	-7.85	-10.33	-9.08	-1.46	-2.14	-1.44
Interest & Investment Income	6.09	4.71	0.52	0.27	0.36	0.21
Currency Exchange Gain (Loss)	3.86	2.38	0.51	0.51	-2.38	-0.18
Other Non Operating Income (Expenses)	-6.82	-6.82	15.53	0.75	-0.67	-0.51
EBT Excluding Unusual Items	42.31	36.41	49.87	30.77	10.91	21.36
Gain (Loss) on Sale of Investments	-	-	9.47	-	-	-0.87
Gain (Loss) on Sale of Assets	0.02	-0.02	-0.14	0.01	0.12	0.37
Asset Writedown	-0.02	-0.02	-0.18	-0.16	-0.3	-0.2
Other Unusual Items	-	-	-	-	1.17	-
Pretax Income	42.3	36.37	59.04	30.62	11.9	20.65
Income Tax Expense	6.68	5.01	9.97	5.85	1.2	2.36
Earnings From Continuing Operations	35.63	31.36	49.07	24.78	10.7	18.29
Minority Interest in Earnings	-1.52	-1.62	-1.35	-1.04	-0.82	-0.78
Net Income	34.11	29.75	47.71	23.74	9.88	17.51
Net Income to Common	34.11	29.75	47.71	23.74	9.88	17.51
Net Income Growth	3.38%	-37.66%	100.99%	140.32%	-43.60%	13.68%
Shares Outstanding (Basic)	-	22	22	22	22	22
Shares Outstanding (Diluted)	-	22	22	22	22	22
Shares Change (YoY)	-	-	-	0.47%	-	0.09%
EPS (Basic)	-	1.34	2.15	1.07	0.45	0.79
EPS (Diluted)	-	1.34	2.15	1.07	0.45	0.79
EPS Growth	-	-37.66%	100.99%	139.20%	-43.43%	13.23%
Free Cash Flow	42.07	37.8	1.02	-4.8	22.34	27.89
Free Cash Flow Per Share	-	1.70	0.05	-0.22	1.01	1.26
Dividend Per Share	0.400	0.400	0.380	0.350	0.270	0.270
Dividend Growth	5.26%	5.26%	8.57%	29.63%	0%	8.00%
Gross Margin	35.26%	34.58%	33.19%	34.88%	36.69%	34.70%
Operating Margin	7.75%	7.54%	6.86%	6.24%	3.92%	5.95%
Profit Margin	5.62%	4.83%	7.71%	4.82%	2.46%	4.47%
Free Cash Flow Margin	6.94%	6.14%	0.17%	-0.98%	5.56%	7.12%
EBITDA	69.82	69.37	63.91	50.46	34.37	40.18
EBITDA Margin	11.51%	11.26%	10.33%	10.26%	8.56%	10.26%
D&A For EBITDA	22.8	22.91	21.51	19.76	18.64	16.9
EBIT	47.03	46.47	42.41	30.7	15.73	23.28
EBIT Margin	7.75%	7.54%	6.86%	6.24%	3.92%	5.95%
Effective Tax Rate	15.78%	13.77%	16.89%	19.09%	10.09%	11.41%
Revenue as Reported	607.73	617.26	618.61	492.01	401.46	391.58
Advertising Expenses	-	1.35	1.72	0.56	0.47	1.19

Source: S&P Capital IQ. Standard template. Financial Sources.