Somec S.p.A. (BIT: SOM)

Somec 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	361.43	367.66	325.62	250.55	222.07	249.97
Other Revenue	2.27	2.51	2.01	1.03	0.83	0.66
Revenue	363.69	370.17	327.62	251.58	222.9	250.63
Revenue Growth (YoY)	-1.04%	12.99%	30.23%	12.87%	-11.07%	52.35%
Cost of Revenue	154.58	167.05	146.01	106.06	99.51	108.25
Gross Profit	209.11	203.12	181.61	145.52	123.39	142.38
Selling, General & Admin	65.54	63.16	55.9	46.61	40.44	39.66
Other Operating Expenses	123.77	122.65	103.71	76.27	64.75	77.7
Operating Expenses	206.58	203.41	179.23	138.81	121.42	129.03
Operating Income	2.53	-0.29	2.38	6.71	1.97	13.35
Interest Expense	-5.21	-4.93	-2.26	-1.48	-1.74	-1.21
Interest & Investment Income	0.04	0.04	0.01	0.03	0.09	0.17
Earnings From Equity Investments	0.09	0.09	0.09	0.08	0.11	0.07
Currency Exchange Gain (Loss)	-0.17	-1.34	0.46	0.2	-0.8	-
Other Non Operating Income (Expenses)	-5.02	-4.46	0.29	5.68	6.52	0.35
EBT Excluding Unusual Items	-7.74	-10.89	0.97	11.22	6.15	12.72
Impairment of Goodwill	-2.42	-0.42	-0.72	-	-4.73	-
Other Unusual Items	-	-	-	-	-	-1.33
Pretax Income	-9.59	-11.19	0.94	11.29	1.45	11.65
Income Tax Expense	0.17	-0.82	1.39	0.51	0.03	3.09
Earnings From Continuing Operations	-9.76	-10.37	-0.46	10.78	1.42	8.56
Net Income to Company	-	-10.37	-0.46	10.78	1.42	8.56
Minority Interest in Earnings	-1.72	-1.27	-1.3	-2.33	1.19	-0.67
Net Income	-11.48	-11.65	-1.75	8.45	2.61	7.89
Net Income to Common	-11.48	-11.65	-1.75	8.45	2.61	7.89
Net Income Growth	-	-	-	223.11%	-66.88%	-2.33%
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	0.17%	0.07%	0.02%	-0.32%	-	6.82%
EPS (Basic)	-1.67	-1.69	-0.25	1.23	0.38	1.14
EPS (Diluted)	-1.67	-1.69	-0.25	1.23	0.38	1.14
EPS Growth	-	-	-	224.14%	-66.77%	-8.80%
Free Cash Flow	21.42	-2.12	12.92	15.66	15.3	-0.8
Free Cash Flow Per Share	3.11	-0.31	1.88	2.28	2.22	-0.12
Dividend Per Share	-	-	0.800	0.800	-	0.500
Gross Margin	57.50%	54.87%	55.43%	57.84%	55.36%	56.81%
Operating Margin	0.70%	-0.08%	0.73%	2.67%	0.88%	5.33%
Profit Margin	-3.16%	-3.15%	-0.53%	3.36%	1.17%	3.15%
Free Cash Flow Margin	5.89%	-0.57%	3.94%	6.23%	6.86%	-0.32%
EBITDA	12.59	10.5	13.61	16.54	13.01	21.89
EBITDA Margin	3.46%	2.84%	4.15%	6.57%	5.84%	8.73%
D&A For EBITDA	10.05	10.79	11.23	9.83	11.04	8.54
EBIT	2.53	-0.29	2.38	6.71	1.97	13.35
EBIT Margin	0.70%	-0.08%	0.73%	2.67%	0.88%	5.33%
Effective Tax Rate	-	-	148.77%	4.49%	1.80%	26.54%
Revenue as Reported	365.02	371.04	328.84	258.48	223.42	251.39

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