Newlat Food S.p.A. (BIT:NWL)

Newlat Food Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,641	793.34	741.09	555.86	469.83
Revenue Growth (YoY)	106.86%	7.05%	33.32%	18.31%	73.53%
Cost of Revenue	1,370	656.19	607.69	440.41	370.19
Gross Profit	271.4	137.15	133.4	115.45	99.64
Selling, General & Admin	229.07	113.88	111.29	96.64	77.18
Other Operating Expenses	0.49	-3.05	2.02	1.8	-2.82
Operating Expenses	229.56	110.83	113.31	98.43	75.86
Operating Income	41.84	26.32	20.09	17.02	23.77
Interest Expense	-30.93	-14.4	-8.13	-7.31	-3.05
Interest & Investment Income	3.91	1.5	0.6	-	0.16
Earnings From Equity Investments	-0.02	-	-	-	-
Currency Exchange Gain (Loss)	0.36	-0.01	-0.73	0.29	-0.27
Other Non Operating Income (Expenses)	-3.16	1.52	-1.92	-0.44	-0.08
EBT Excluding Unusual Items	12	14.92	9.9	9.56	20.54
Gain (Loss) on Sale of Assets	-	-	-	-	0
Other Unusual Items	155.48	4.79	-	-	24.86
Pretax Income	167.48	19.72	9.9	9.56	45.41
Income Tax Expense	7.24	4.2	3.3	3.32	6.76
Earnings From Continuing Operations	160.24	15.51	6.6	6.24	38.64
Net Income to Company	160.24	15.51	6.6	6.24	38.64
Minority Interest in Earnings	-2.31	-1.19	-0.37	-1.11	-1.09
Net Income	157.93	14.33	6.22	5.13	37.56
Preferred Dividends & Other Adjustments	-	-	-	0	-
Net Income to Common	157.93	14.33	6.22	5.13	37.56
Net Income Growth	1002.50%	130.19%	21.21%	-86.33%	423.50%
Shares Outstanding (Basic)	44	43	39	41	41
Shares Outstanding (Diluted)	44	43	39	41	41
Shares Change (YoY)	2.59%	8.73%	-4.73%	1.71%	39.01%
EPS (Basic)	3.60	0.33	0.16	0.12	0.93
EPS (Diluted)	3.60	0.33	0.16	0.12	0.93
EPS Growth	990.69%	108.61%	31.83%	-87.03%	276.61%
Free Cash Flow	256.44	39.58	3.31	48.3	54.84
Free Cash Flow Per Share	5.84	0.93	0.08	1.17	1.35
Gross Margin	16.54%	17.29%	18.00%	20.77%	21.21%
Operating Margin	2.55%	3.32%	2.71%	3.06%	5.06%
Profit Margin	9.62%	1.81%	0.84%	0.92%	7.99%
Free Cash Flow Margin	15.63%	4.99%	0.45%	8.69%	11.67%
EBITDA	85.43	54.86	42.01	46.66	43.49
EBITDA Margin	5.21%	6.92%	5.67%	8.39%	9.26%
D&A For EBITDA	43.59	28.54	21.92	29.64	19.72
EBIT	41.84	26.32	20.09	17.02	23.77
EBIT Margin	2.55%	3.32%	2.71%	3.06%	5.06%
Effective Tax Rate	4.32%	21.32%	33.37%	34.71%	14.89%
Advertising Expenses	6.03	8.91	7.44	7.64	2.55

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.