Safilo Group S.p.A. (BIT: SFL)

Safilo Group 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	100.32	100.2	82.72	68.11	56.45	53.62
Other Revenue	0.81	0.83	0.34	0.03	0.32	0.05
Revenue	101.13	101.03	83.06	68.14	56.77	53.67
Revenue Growth (YoY)	15.03%	21.64%	21.89%	20.04%	5.78%	14.67%
Cost of Revenue	53.14	52.09	41.14	35.99	30.25	30.9
Gross Profit	47.99	48.95	41.92	32.15	26.52	22.77
Selling, General & Admin	23.38	22.55	17.19	12.12	9.95	9.48
Other Operating Expenses	0.43	0.43	0.34	0.34	1.11	0.22
Operating Expenses	26.89	25.6	18.84	13.86	12.35	10.68
Operating Income	21.1	23.35	23.07	18.3	14.17	12.09
Interest Expense	-1.01	-0.8	-0.06	-0.02	-0.03	-0.04
Interest & Investment Income	0.31	0.32	0.13	0.15	0.09	0.07
Currency Exchange Gain (Loss)	0.06	0.08	-0.03	-	0	-0
Other Non Operating Income (Expenses)	1.05	0.84	0.34	0.4	0.66	0.11
EBT Excluding Unusual Items	21.51	23.79	23.45	18.83	14.88	12.22
Gain (Loss) on Sale of Assets	-0.02	-0.03	-0.03	-0.02	-0.07	-0.03
Legal Settlements	-0.5	-0.5	-	-	-	-
Other Unusual Items	-	-	-	-	-1.51	-
Pretax Income	21	23.26	23.42	18.81	13.3	12.2
Income Tax Expense	10.17	10.43	8.37	5.04	-0.77	3.74
Earnings From Continuing Operations	10.83	12.83	15.05	13.77	14.07	8.45
Net Income to Company	-	12.83	15.05	13.77	14.07	8.45
Net Income	10.83	12.83	15.05	13.77	14.07	8.45
Preferred Dividends & Other Adjustments	-	-	-	-	0	-
Net Income to Common	10.83	12.83	15.05	13.77	14.07	8.45
Net Income Growth	-33.15%	-14.73%	9.27%	-2.14%	66.45%	-1.20%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.25%	-0.05%	-0.09%	-	-	-
EPS (Basic)	1.12	1.33	1.56	1.42	1.45	0.87
EPS (Diluted)	1.12	1.33	1.56	1.42	1.45	0.87
EPS Growth	-33.32%	-14.69%	9.37%	-2.13%	66.44%	-1.20%
Free Cash Flow	1.53	-1.16	-8.69	15.43	10.12	7.12
Free Cash Flow Per Share	0.16	-0.12	-0.90	1.59	1.04	0.74
Dividend Per Share	0.850	0.850	0.800	0.710	0.670	0.460
Dividend Growth	6.25%	6.25%	12.68%	5.97%	45.65%	9.52%
Gross Margin	47.45%	48.45%	50.47%	47.18%	46.71%	42.43%
Operating Margin	20.86%	23.11%	27.78%	26.85%	24.95%	22.53%
Profit Margin	10.71%	12.70%	18.12%	20.21%	24.79%	15.75%
Free Cash Flow Margin	1.51%	-1.15%	-10.46%	22.64%	17.82%	13.27%
EBITDA	23.4	25.23	24.22	19.3	15.1	12.92
EBITDA Margin	23.13%	24.97%	29.16%	28.33%	26.60%	24.08%
D&A For EBITDA	2.3	1.87	1.15	1.01	0.93	0.83
EBIT	21.1	23.35	23.07	18.3	14.17	12.09
EBIT Margin	20.86%	23.11%	27.78%	26.85%	24.95%	22.53%
Effective Tax Rate	48.43%	44.83%	35.74%	26.78%	-	30.69%
Revenue as Reported	102.23	101.96	83.39	68.84	58.68	54.21

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