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

The Italian Sea Group Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jan 1, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	17.41	60.25	76.41	81.32	85.62
Cash & Short-Term Investments	17.41	60.25	76.41	81.32	85.62
Cash Growth	-71.11%	-21.15%	-6.03%	-5.02%	377.15%
Accounts Receivable	18.75	74.14	113.08	70.94	51.57
Other Receivables	2.22	1.98	3.1	4.29	9.95
Receivables	20.97	76.12	116.17	75.22	61.52
Inventory	20.68	10.21	10.9	3.57	1.25
Prepaid Expenses	1.56	4.36	4.88	1.96	1.19
Other Current Assets	8.09	8.64	2.08	2.49	1.58
Total Current Assets	68.7	159.58	210.44	164.56	151.16
Property, Plant & Equipment	183.08	120.29	126.53	135.22	75.23
Long-Term Investments	0.03	0.72	1.33	3.15	0.41
Other Intangible Assets	13.15	35.22	34.87	34.69	3.55
Long-Term Deferred Tax Assets	-	-	3.04	-	-
Long-Term Deferred Charges	-	0.08	0.75	1.03	0.86
Other Long-Term Assets	1.12	0.81	0.43	3.63	3.86
Total Assets	266.09	316.69	377.39	342.26	235.08

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jan 1, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	186.1	121.88	90.57	78.77	57.15
Accrued Expenses	13.76	3.89	4.41	2.41	1.61
Current Portion of Long-Term Debt	135.57	11.63	11.66	14.2	10.77
Current Portion of Leases	1.22	0.98	0.82	1	0.71
Current Income Taxes Payable	26.31	24.25	14.27	7.64	3.63
Current Unearned Revenue	173.18	229.97	38.56	16.8	16.35
Other Current Liabilities	8.87	10.67	18.53	30.63	15.11
Total Current Liabilities	545	403.26	178.82	151.44	105.32
Long-Term Debt	-	48.96	54.59	66.29	23.86
Long-Term Leases	10.18	11.19	7.46	9.91	7.52
Pension & Post-Retirement Benefits	0.8	0.88	0.96	1.25	0.76
Long-Term Deferred Tax Liabilities	16.12	0.7	-	0.89	1.18
Other Long-Term Liabilities	82.08	106.29	4.42	3.48	3.55
Total Liabilities	654.18	571.28	246.25	233.26	142.19

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jan 1, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	26.5	26.5	26.5	26.5	26.5
Additional Paid-In Capital	45.43	45.43	45.4	45.43	45.43
Retained Earnings	-165.62	39.19	42.21	29.35	20.67
Comprehensive Income & Other	-294.41	-365.71	17.03	7.72	0.29
Shareholders' Equity	-388.09	-254.59	131.14	109	92.89
Total Liabilities & Equity	266.09	316.69	377.39	342.26	235.08

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jan 1, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	146.96	72.76	74.54	91.39	42.86
Net Cash (Debt)	-129.56	-12.51	1.88	-10.07	42.76
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-2.44	-0.24	0.04	-0.19	0.81
Filing Date Shares Outstanding	53	53	53	53	53
Total Common Shares Outstanding	53	53	53	53	53
Working Capital	-476.3	-243.68	31.62	13.12	45.84
Book Value Per Share	-7.32	-4.80	2.47	2.06	1.75
Tangible Book Value	-401.24	-289.81	96.26	74.32	89.33
Tangible Book Value Per Share	-7.57	-5.47	1.82	1.40	1.69
Land	34.5	11.22	10.94	7.1	3.03
Buildings	110.9	62.83	61.97	44.63	44.63
Machinery	80.96	80.52	79.86	53.55	52.3
Construction In Progress	2.74	2.26	4.71	26.03	8.41
Order Backlog	1,032	1,242	-	-	826.67

Data Source: S&P Global Market Intelligence Last updated: Sep 14, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 21, 2026

Data Sources Report a data error