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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	392.08	356.09	287.42	181.23	111.1	97.24
Other Revenue	20.38	7.59	-	-	-	3.86
Revenue	412.46	363.69	287.42	181.23	111.1	101.1
Revenue Growth (YoY)	21.48%	26.54%	58.59%	63.13%	9.89%	48.18%
Cost of Revenue	239.02	225.18	185.02	117.95	71.14	64.67
Gross Profit	173.44	138.51	102.4	63.28	39.96	36.43
Selling, General & Admin	67.77	58.45	47.51	27.59	22.64	18.9
Other Operating Expenses	20.89	19.62	15.35	13.63	8.9	7.58
Operating Expenses	101.35	90.08	73.2	46.96	36.31	31.13
Operating Income	72.1	48.43	29.19	16.32	3.66	5.3
Interest Expense	-8.2	-6.45	-4.26	-3.28	-1.99	-1.86
Interest & Investment Income	0.06	-	-	-	0.03	-
Other Non Operating Income (Expenses)	0.92	0.92	8.16	5.64	6.12	0.03
EBT Excluding Unusual Items	64.87	42.9	33.09	18.68	7.81	3.47
Legal Settlements	3.13	3.13	-	-	-	-
Other Unusual Items	-1.57	-1.57	-3.67	-0.53	-	-2.3
Pretax Income	67.21	45.24	29.41	18.15	7.81	1.17
Income Tax Expense	17.13	8.33	5.37	1.83	1.58	0.74
Earnings From Continuing Operations	-	36.91	24.05	16.32	6.24	0.43
Net Income to Company	-	36.91	24.05	16.32	6.24	0.43
Net Income	50.08	36.91	24.05	16.32	6.24	0.43
Net Income to Common	50.08	36.91	24.05	16.32	6.24	0.43
Net Income Growth	52.95%	53.50%	47.32%	161.78%	1353.38%	-10.62%
Shares Outstanding (Basic)	53	53	53	53	22	44
Shares Outstanding (Diluted)	53	53	53	53	22	44
Shares Change (YoY)	-0.11%	-	-	143.68%	-50.00%	-
EPS (Basic)	0.95	0.70	0.45	0.31	0.29	0.01
EPS (Diluted)	0.95	0.70	0.45	0.31	0.29	0.01
EPS Growth	53.58%	54.76%	46.12%	7.43%	2806.77%	-
Free Cash Flow	13.37	23.11	45.01	13.33	15.91	5.11
Free Cash Flow Per Share	0.25	0.44	0.85	0.25	0.73	0.12
Dividend Per Share	0.370	0.370	0.272	0.185	-	-
Dividend Growth	36.03%	36.03%	47.03%	-	-	-
Gross Margin	42.05%	38.08%	35.63%	34.92%	35.97%	36.03%
Operating Margin	17.48%	13.32%	10.16%	9.00%	3.29%	5.24%
Profit Margin	12.14%	10.15%	8.37%	9.01%	5.61%	0.42%
Free Cash Flow Margin	3.24%	6.35%	15.66%	7.36%	14.32%	5.05%
EBITDA	79.72	55.93	39.08	20.52	7.6	7.99
EBITDA Margin	19.33%	15.38%	13.60%	11.32%	6.84%	7.90%
D&A For EBITDA	7.63	7.51	9.89	4.2	3.94	2.69
EBIT	72.1	48.43	29.19	16.32	3.66	5.3
EBIT Margin	17.48%	13.32%	10.16%	9.00%	3.29%	5.24%
Effective Tax Rate	25.49%	18.41%	18.25%	10.09%	20.17%	63.24%
Revenue as Reported	416.37	367.6	295.13	186.68	117.21	101.1
Advertising Expenses	-	-	-	-	-	0.16

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