Sanlorenzo S.p.A. (BIT: SL)

Sanlorenzo 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	870.39	856.38	753.24	593.29	529.37	508.2
Other Revenue	10.72	10.33	6.86	5.48	5.67	3.43
Revenue	881.11	866.71	760.1	598.77	535.05	511.63
Revenue Growth (YoY)	12.71%	14.03%	26.94%	11.91%	4.58%	34.28%
Cost of Revenue	627.29	621.92	560.73	442.71	413.89	405.79
Gross Profit	253.82	244.79	199.37	156.06	121.16	105.84
Selling, General & Admin	72.81	66.68	56.64	48.31	39.6	37.68
Other Operating Expenses	21.59	21.66	13.64	13.14	12.38	8.21
Operating Expenses	127.41	119.94	97.02	83.88	72.18	62.76
Operating Income	126.41	124.85	102.35	72.18	48.97	43.08
Interest Expense	-2.25	-1.75	-0.87	-1	-1.49	-4.2
Interest & Investment Income	7.98	6.13	0.28	0.19	0.01	0.04
Earnings From Equity Investments	0.23	-0.07	0.05	0	0.03	-
Currency Exchange Gain (Loss)	-0.41	-0.41	0.22	-0.15	-0.09	-
Other Non Operating Income (Expenses)	-0.36	-0.36	-0.17	-0.2	-0.61	-1.1
EBT Excluding Unusual Items	131.6	128.39	101.85	71.02	46.83	37.83
Gain (Loss) on Sale of Investments	0.34	0.25	0.05	-0.03	-	0.03
Gain (Loss) on Sale of Assets	1.04	1.04	0.55	0.01	0.05	0.01
Asset Writedown	-	-	-0.17	-	-	-
Pretax Income	132.98	129.67	102.28	71.01	46.89	37.88
Income Tax Expense	37.4	36.39	27.54	19.66	12.48	11.06
Earnings From Continuing Operations	95.58	93.29	74.74	51.35	34.41	26.82
Net Income to Company	-	93.29	74.74	51.35	34.41	26.82
Minority Interest in Earnings	-0.27	-0.45	-0.59	-0.34	0.1	0.21
Net Income	95.31	92.84	74.15	51.01	34.51	27.03
Net Income to Common	95.31	92.84	74.15	51.01	34.51	27.03
Net Income Growth	23.17%	25.20%	45.38%	47.81%	27.67%	117.35%
Shares Outstanding (Basic)	35	35	35	34	34	32
Shares Outstanding (Diluted)	35	35	35	35	34	32
Shares Change (YoY)	0.31%	0.40%	0.84%	0.53%	6.89%	7.50%
EPS (Basic)	2.74	2.67	2.14	1.48	1.00	0.84
EPS (Diluted)	2.74	2.65	2.12	1.47	1.00	0.84
EPS Growth	22.91%	25.00%	44.22%	47.00%	19.31%	104.42%
Free Cash Flow	18.47	85.15	108.44	59.76	22.96	17.73
Free Cash Flow Per Share	0.53	2.43	3.10	1.72	0.67	0.55
Dividend Per Share	1.000	1.000	0.660	0.600	0.300	-
Dividend Growth	51.52%	51.52%	10.00%	100.00%	-	-
Gross Margin	28.81%	28.24%	26.23%	26.06%	22.64%	20.69%
Operating Margin	14.35%	14.40%	13.46%	12.05%	9.15%	8.42%
Profit Margin	10.82%	10.71%	9.76%	8.52%	6.45%	5.28%
Free Cash Flow Margin	2.10%	9.82%	14.27%	9.98%	4.29%	3.47%
EBITDA	152.57	149.6	123.3	89.95	69.18	59.95
EBITDA Margin	17.32%	17.26%	16.22%	15.02%	12.93%	11.72%
D&A For EBITDA	26.17	24.76	20.96	17.77	20.21	16.87
EBIT	126.41	124.85	102.35	72.18	48.97	43.08
EBIT Margin	14.35%	14.40%	13.46%	12.05%	9.15%	8.42%
Effective Tax Rate	28.12%	28.06%	26.93%	27.68%	26.62%	29.20%
Advertising Expenses	-	2.67	3.34	2.78	1.61	2.52

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