The Italian Sea Group S.p.A. (BIT:TISG)

The Italian Sea Group Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	362.95	398.89	356.09	287.42	181.23	111.1
Other Revenue	-28.16	4.34	11.51	-	-	-
Revenue	334.79	403.23	367.6	287.42	181.23	111.1
Revenue Growth (YoY)	-23.17%	9.69%	27.90%	58.59%	63.13%	9.89%
Cost of Revenue	232.08	247.67	225.18	185.02	117.95	71.14
Gross Profit	102.71	155.56	142.42	102.4	63.28	39.96
Selling, General & Admin	62.96	66.74	58.45	47.51	27.59	22.64
Other Operating Expenses	26.01	26.88	19.62	15.35	13.63	8.9
Operating Expenses	98.78	105.06	90.08	73.2	46.96	36.31
Operating Income	3.93	50.5	52.34	29.19	16.32	3.66
Interest Expense	-11.41	-9.4	-6.45	-4.26	-3.28	-1.99
Interest & Investment Income	0.1	-	-	-	-	0.03
Other Non Operating Income (Expenses)	21.05	1.67	0.92	8.16	5.64	6.12
EBT Excluding Unusual Items	13.68	42.76	46.81	33.09	18.68	7.81
Gain (Loss) on Sale of Assets	18.72	18.72	-	-	-	-
Legal Settlements	0.86	0.86	-	-	-	-
Other Unusual Items	-4.83	-4.83	-1.57	-3.67	-0.53	-
Pretax Income	29.68	58.77	45.24	29.41	18.15	7.81
Income Tax Expense	16.87	24.88	8.33	5.37	1.83	1.58
Earnings From Continuing Operations	-	33.89	36.91	24.05	16.32	6.24
Net Income to Company	-	33.89	36.91	24.05	16.32	6.24
Net Income	12.81	33.89	36.91	24.05	16.32	6.24
Net Income to Common	12.81	33.89	36.91	24.05	16.32	6.24
Net Income Growth	-74.42%	-8.17%	53.50%	47.32%	161.78%	1353.38%
Shares Outstanding (Basic)	53	53	53	53	53	22
Shares Outstanding (Diluted)	53	53	53	53	53	22
Shares Change (YoY)	1.48%	-	-	-	143.68%	-50.00%
EPS (Basic)	0.24	0.64	0.70	0.45	0.31	0.29
EPS (Diluted)	0.23	0.63	0.70	0.45	0.31	0.29
EPS Growth	-75.52%	-9.54%	54.76%	46.12%	7.43%	2806.77%
Free Cash Flow	-38.12	-13.01	23.11	45.01	13.33	15.91
Free Cash Flow Per Share	-0.71	-0.24	0.44	0.85	0.25	0.73
Dividend Per Share	0.245	0.245	0.370	0.272	0.185	-
Dividend Growth	-33.78%	-33.78%	36.03%	47.03%	-	-
Gross Margin	30.68%	38.58%	38.74%	35.63%	34.92%	35.97%
Operating Margin	1.18%	12.52%	14.24%	10.16%	9.01%	3.29%
Profit Margin	3.82%	8.41%	10.04%	8.37%	9.01%	5.61%
Free Cash Flow Margin	-11.39%	-3.23%	6.29%	15.66%	7.36%	14.32%
EBITDA	7.44	56.98	63.86	39.08	20.52	7.6
EBITDA Margin	2.22%	14.13%	17.37%	13.60%	11.32%	6.84%
D&A For EBITDA	3.51	6.49	11.52	9.89	4.2	3.94
EBIT	3.93	50.5	52.34	29.19	16.32	3.66
EBIT Margin	1.18%	12.52%	14.24%	10.16%	9.01%	3.29%
Effective Tax Rate	56.85%	42.33%	18.41%	18.25%	10.09%	20.17%
Revenue as Reported	375.01	424.07	367.6	295.13	186.68	117.21

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.