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

The Italian Sea Group Balance Sheet

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
Cash & Equivalents	60.25	76.41	81.32	85.62	17.94
Cash & Short-Term Investments	60.25	76.41	81.32	85.62	17.94
Cash Growth	-21.15%	-6.03%	-5.02%	377.15%	211.78%
Accounts Receivable	163.51	113.08	70.94	51.57	37.17
Other Receivables	10.11	3.1	4.29	9.95	2.14
Receivables	173.61	116.17	75.22	61.52	39.3
Inventory	10.21	10.9	3.57	1.25	2.76
Prepaid Expenses	-	4.88	1.96	1.19	1.3
Other Current Assets	4.87	2.08	2.49	1.58	1.18
Total Current Assets	248.95	210.44	164.56	151.16	62.49
Property, Plant & Equipment	120.29	126.53	135.22	75.23	53.54
Long-Term Investments	0.03	1.33	3.15	0.41	0.28
Other Intangible Assets	35.29	34.87	34.69	3.55	3.55
Long-Term Deferred Tax Assets	-	3.04	-	-	-
Long-Term Deferred Charges	-	0.75	1.03	0.86	0.82
Other Long-Term Assets	1.49	0.43	3.63	3.86	2.27
Total Assets	406.06	377.39	342.26	235.08	122.95
Accounts Payable	121.88	90.57	78.77	57.15	34.24
Accrued Expenses	-	4.41	2.41	1.61	2.02
Current Portion of Long-Term Debt	12.61	11.66	14.2	10.77	2.53
Current Portion of Leases	-	0.82	1	0.71	0.84
Current Income Taxes Payable	-	14.24	7.64	3.63	1.9
Current Unearned Revenue	17.18	38.56	16.8	16.35	9.96
Other Current Liabilities	38.8	18.56	30.63	15.11	6.12
Total Current Liabilities	190.47	178.82	151.44	105.32	57.62
Long-Term Debt	60.15	54.59	66.29	23.86	10.85
Long-Term Leases	-	7.46	9.91	7.52	7.56
Long-Term Deferred Tax Liabilities	0.7	-	0.89	1.18	1.84
Other Long-Term Liabilities	8.89	4.42	3.48	3.55	4.04
Total Liabilities	261.09	246.25	233.26	142.19	82.73
Common Stock	26.5	26.5	26.5	26.5	21.75
Additional Paid-In Capital	45.43	45.4	45.43	45.43	12
Retained Earnings	33.89	42.21	29.35	20.67	6.24
Comprehensive Income & Other	39.14	17.03	7.72	0.29	0.24
Shareholders' Equity	144.96	131.14	109	92.89	40.22
Total Liabilities & Equity	406.06	377.39	342.26	235.08	122.95
Total Debt	72.76	74.54	91.39	42.86	21.79
Net Cash (Debt)	-12.51	1.88	-10.07	42.76	-3.84
Net Cash Per Share	-	0.04	-0.19	0.81	-0.18
Filing Date Shares Outstanding	-	53	53	53	43.5
Total Common Shares Outstanding	-	53	53	53	43.5
Working Capital	58.48	31.62	13.12	45.84	4.87
Book Value Per Share	-	2.47	2.06	1.75	0.92
Tangible Book Value	109.67	96.26	74.32	89.33	36.67
Tangible Book Value Per Share	-	1.82	1.40	1.69	0.84
Land	-	10.94	7.1	3.03	3.03
Buildings	-	61.97	44.63	44.63	27.23
Machinery	-	64.71	53.55	52.3	50.26
Construction In Progress	-	4.71	26.03	8.41	10.21
Order Backlog	1,240	1,264	-	826.67	-

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.