Rai Way S.p.A. (BIT: RWAY)

Rai Way 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	274.26	271.94	245.45	229.94	224.46	221.39
Other Revenue	0.01	0.01	0.04	0.46	0.03	0.1
Revenue	274.27	271.95	245.49	230.4	224.49	221.48
Revenue Growth (YoY)	3.41%	10.78%	6.55%	2.63%	1.36%	1.70%
Cost of Revenue	82.87	87.43	85.81	76.44	77.96	79.81
Gross Profit	191.4	184.52	159.67	153.95	146.53	141.67
Selling, General & Admin	9.34	9.34	8.44	8.33	8.2	9
Other Operating Expenses	2.83	2.99	0.71	3.93	3.16	2.71
Operating Expenses	62.62	59.11	56.05	62.56	56.72	53.9
Operating Income	128.78	125.41	103.62	91.39	89.81	87.77
Interest Expense	-6.86	-5.11	-1.59	-1.06	-0.82	-0.85
Interest & Investment Income	1.69	1.41	0	-	-	0
Currency Exchange Gain (Loss)	-0.06	-0.06	-0.05	-0.03	-0.01	-0.04
Other Non Operating Income (Expenses)	-0.79	-0.18	-0.22	-0.05	0.3	-0.2
EBT Excluding Unusual Items	122.76	121.48	101.77	90.24	89.28	86.68
Merger & Restructuring Charges	-	-	-	-0.36	-0.98	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.25
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.81
Legal Settlements	-	-	-	-	-	1.6
Pretax Income	122.76	121.48	101.77	89.89	88.3	88.84
Income Tax Expense	35.31	34.76	28.08	24.5	24.29	25.48
Net Income	87.45	86.72	73.69	65.38	64.01	63.36
Net Income to Common	87.45	86.72	73.69	65.38	64.01	63.36
Net Income Growth	0.23%	17.68%	12.70%	2.15%	1.02%	6.05%
Shares Outstanding (Basic)	268	268	268	268	268	272
Shares Outstanding (Diluted)	268	268	268	268	268	272
Shares Change (YoY)	0.04%	-	-	-	-1.33%	-
EPS (Basic)	0.33	0.32	0.27	0.24	0.24	0.23
EPS (Diluted)	0.33	0.32	0.27	0.24	0.24	0.23
EPS Growth	0.19%	17.68%	12.70%	2.15%	2.39%	6.05%
Free Cash Flow	96.17	99.58	68.12	37.98	60.25	78.49
Free Cash Flow Per Share	0.36	0.37	0.25	0.14	0.22	0.29
Dividend Per Share	0.322	0.322	0.275	0.244	0.238	0.233
Dividend Growth	17.38%	17.38%	12.68%	2.14%	2.40%	6.06%
Gross Margin	69.79%	67.85%	65.04%	66.82%	65.27%	63.96%
Operating Margin	46.96%	46.12%	42.21%	39.67%	40.01%	39.63%
Profit Margin	31.89%	31.89%	30.02%	28.38%	28.51%	28.61%
Free Cash Flow Margin	35.07%	36.62%	27.75%	16.49%	26.84%	35.44%
EBITDA	154.56	156.23	135.54	127.66	122.26	119.04
EBITDA Margin	56.35%	57.45%	55.21%	55.41%	54.46%	53.75%
D&A For EBITDA	25.77	30.81	31.92	36.27	32.45	31.27
EBIT	128.78	125.41	103.62	91.39	89.81	87.77
EBIT Margin	46.96%	46.12%	42.21%	39.67%	40.01%	39.63%
Effective Tax Rate	28.76%	28.61%	27.59%	27.26%	27.51%	28.68%

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