MARR S.p.A. Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,072	2,033	2,030	1,879	1,421
Other Revenue	1.8	3.22	2.47	1.93	2.76
Revenue	2,074	2,036	2,032	1,881	1,423
Revenue Growth (YoY)	1.88%	0.17%	8.06%	32.13%	35.51%
Cost of Revenue	1,639	1,614	1,615	1,511	1,117
Gross Profit	435.03	421.65	417.75	369.77	306.54
Selling, General & Admin	76.49	52.06	48.18	45.87	37.2
Other Operating Expenses	250.94	261.41	250.46	244.68	179.39
Operating Expenses	373	352.95	336.8	326.39	249.5
Operating Income	62.03	68.7	80.95	43.37	57.05
Interest Expense	-19.89	-23.2	-19.91	-8.98	-9.46
Interest & Investment Income	2.15	3.58	2.39	0.9	0.92
Currency Exchange Gain (Loss)	-0.51	0.55	-0.47	-0.17	0.66
Other Non Operating Income (Expenses)	1.21	-	3.88	2.6	0.75
EBT Excluding Unusual Items	44.98	49.63	66.85	37.72	49.91
Gain (Loss) on Sale of Investments	-	-	-	-	-0.13
Gain (Loss) on Sale of Assets	0.05	0.03	0.07	-0.13	-0.17
Other Unusual Items	-	1.91	-	-	-
Pretax Income	45.03	61.64	66.92	37.59	49.62
Income Tax Expense	14.06	18.91	19.79	11.04	14.55
Net Income	30.97	42.72	47.13	26.55	35.07
Net Income to Common	30.97	42.72	47.13	26.55	35.07
Net Income Growth	-27.51%	-9.36%	77.53%	-24.30%	-
Shares Outstanding (Basic)	64	65	66	66	67
Shares Outstanding (Diluted)	64	65	66	66	67
Shares Change (YoY)	-1.55%	-1.48%	-0.74%	-0.21%	-
EPS (Basic)	0.48	0.66	0.72	0.40	0.53
EPS (Diluted)	0.48	0.66	0.72	0.40	0.53
EPS Growth	-26.37%	-7.99%	78.86%	-24.14%	-
Free Cash Flow	29.77	36.62	41.83	-19.88	110.6
Free Cash Flow Per Share	0.47	0.56	0.64	-0.30	1.66
Dividend Per Share	0.470	0.600	0.600	0.380	0.820
Dividend Growth	-21.67%	-	57.89%	-53.66%	-
Gross Margin	20.97%	20.71%	20.55%	19.66%	21.53%
Operating Margin	2.99%	3.37%	3.98%	2.31%	4.01%
Profit Margin	1.49%	2.10%	2.32%	1.41%	2.46%
Free Cash Flow Margin	1.44%	1.80%	2.06%	-1.06%	7.77%
EBITDA	74.34	78.53	89.53	51.63	64.7
EBITDA Margin	3.58%	3.86%	4.41%	2.74%	4.54%
D&A For EBITDA	12.31	9.83	8.58	8.25	7.65
EBIT	62.03	68.7	80.95	43.37	57.05
EBIT Margin	2.99%	3.37%	3.98%	2.31%	4.01%
Effective Tax Rate	31.22%	30.69%	29.57%	29.37%	29.32%

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