SOL S.p.A. (BIT:SOL)

SOL S.p.A. 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
Operating Revenue	1,610	1,487	1,379	1,132	986.32
Other Revenue	29.67	38.08	45.68	0.46	0.82
Revenue	1,640	1,525	1,425	1,132	987.14
Revenue Growth (YoY)	7.53%	7.04%	25.84%	14.70%	7.47%
Cost of Revenue	1,241	1,147	1,135	882.12	740.8
Gross Profit	399.33	377.81	290.04	250.18	246.34
Other Operating Expenses	5.07	5.14	4.47	3.74	2.85
Operating Expenses	161.55	149.91	133.42	123.03	113.84
Operating Income	237.78	227.9	156.62	127.15	132.5
Interest Expense	-22.66	-13.97	-8.31	-8.1	-8
Interest & Investment Income	3.05	1.94	0.73	0.33	0.74
Earnings From Equity Investments	-0.18	0.61	0.37	-0.78	0.02
Currency Exchange Gain (Loss)	-0.65	-0.49	-1.12	-0.39	-1.32
Other Non Operating Income (Expenses)	0.21	-4.61	-4.25	-0.91	-1.25
EBT Excluding Unusual Items	217.55	211.39	144.02	117.3	122.69
Impairment of Goodwill	-0.84	-1.26	-0.1	-	-
Gain (Loss) on Sale of Assets	1.8	1.68	1.25	1.12	0.81
Asset Writedown	-1.57	-1.2	-0.52	-0.05	-0.19
Other Unusual Items	-1.2	-	35.21	7.56	6.87
Pretax Income	215.74	210.61	179.87	125.93	130.18
Income Tax Expense	60.79	57.91	42.29	32.17	21.94
Earnings From Continuing Operations	154.96	152.71	137.58	93.76	108.23
Net Income to Company	154.96	152.71	137.58	93.76	108.23
Minority Interest in Earnings	-7.26	-6.97	-3.88	-4.21	-5.19
Net Income	147.7	145.73	133.69	89.55	103.05
Net Income to Common	147.7	145.73	133.69	89.55	103.05
Net Income Growth	1.35%	9.01%	49.30%	-13.10%	108.86%
Shares Outstanding (Basic)	91	91	91	91	91
Shares Outstanding (Diluted)	91	91	91	91	91
Shares Change (YoY)	0.04%	-0.02%	-0.03%	0.02%	0.02%
EPS (Basic)	1.63	1.61	1.47	0.99	1.14
EPS (Diluted)	1.63	1.61	1.47	0.99	1.14
EPS Growth	1.31%	9.02%	49.34%	-13.12%	108.82%
Free Cash Flow	95.16	105.68	89.07	69.27	103.84
Free Cash Flow Per Share	1.05	1.17	0.98	0.76	1.15
Dividend Per Share	0.390	0.370	0.330	0.240	0.220
Dividend Growth	5.41%	12.12%	37.50%	9.09%	25.71%
Gross Margin	24.35%	24.77%	20.36%	22.09%	24.95%
Operating Margin	14.50%	14.94%	10.99%	11.23%	13.42%
Profit Margin	9.01%	9.55%	9.38%	7.91%	10.44%
Free Cash Flow Margin	5.80%	6.93%	6.25%	6.12%	10.52%
EBITDA	369.31	351.24	267.12	229.63	227.54
EBITDA Margin	22.52%	23.03%	18.75%	20.28%	23.05%
D&A For EBITDA	131.53	123.34	110.51	102.49	95.05
EBIT	237.78	227.9	156.62	127.15	132.5
EBIT Margin	14.50%	14.94%	10.99%	11.23%	13.42%
Effective Tax Rate	28.18%	27.49%	23.51%	25.55%	16.86%
Revenue as Reported	1,645	1,530	1,463	1,143	996.2

Updated Sep 17, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.