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

The Italian Sea Group Cash Flow Statement

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

Operating Activities

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
Net Income	12.81	33.89	36.91	24.05	16.32	6.24
Depreciation & Amortization	7.31	10.18	11.52	9.89	4.2	3.94
Other Amortization	0.24	0.24	-	-	-	-
Loss (Gain) From Sale of Assets	0.3	-18.11	-	-	-0.04	-0.01
Other Operating Activities	5.01	5.61	3.2	2.73	3.09	4.3
Change in Accounts Receivable	-17.89	-31.9	-1.36	-11.53	4.08	-2.93
Change in Inventory	-108.17	-39.72	-25.16	-7.73	-9.78	8.01
Change in Accounts Payable	10.3	31.31	11.8	21.9	21.65	11.16
Change in Other Net Operating Assets	53.17	-0.92	-11.54	25.07	-2.78	-2.98
Operating Cash Flow	-36.92	-9.43	25.37	64.37	36.75	27.74
Operating Cash Flow Growth	-	-	-60.59%	75.13%	32.50%	210.37%

Investing Activities

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
Capital Expenditures	-1.2	-3.58	-2.26	-19.35	-23.42	-11.83
Sale of Property, Plant & Equipment	-	21	-	-	0.04	0.01
Cash Acquisitions	-	-	-	-80	-	-
Sale (Purchase) of Intangibles	0.02	-0.19	-0.49	-0.48	-0.35	-0.38
Investment in Securities	-	-	-	-0.15	-	-
Other Investing Activities	-1.02	2.81	3.75	-3.8	-2.53	-1.49
Investing Cash Flow	-2.2	20.03	1	-103.79	-26.27	-13.69

Financing Activities

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
Long-Term Debt Issued	-	6	-	72.5	27	7
Total Debt Issued	131	6	-	72.5	27	7
Short-Term Debt Repaid	-	-	-	-3.16	-0.43	-2.53
Long-Term Debt Repaid	-	-13.15	-16.86	-24.7	-7.73	-6.33
Total Debt Repaid	-69.88	-13.15	-16.86	-27.86	-8.16	-8.86
Net Debt Issued (Repaid)	61.12	-7.15	-16.86	44.64	18.84	-1.86
Issuance of Common Stock	-	-	-	-	46.6	-
Common Dividends Paid	-12.99	-19.61	-14.42	-9.72	-6.24	-
Other Financing Activities	-	-	-	0.2	-2.03	-
Financing Cash Flow	48.13	-26.76	-31.27	35.13	57.18	-1.86

Net Cash Flow

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
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	0	-
Net Cash Flow	9.01	-16.16	-4.9	-4.3	67.67	12.19

Free Cash Flow

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
Free Cash Flow	-38.12	-13.01	23.11	45.01	13.33	15.91
Free Cash Flow Growth	-	-	-48.66%	237.70%	-16.21%	211.37%
Free Cash Flow Margin	-10.76%	-3.23%	6.29%	15.66%	7.36%	14.32%
Free Cash Flow Per Share	-0.71	-0.24	0.44	0.85	0.25	0.73
Levered Free Cash Flow	-45.79	-10.81	16.77	30.34	7.17	9.11
Unlevered Free Cash Flow	-38.66	-4.94	20.8	33.01	9.22	10.36

Additional Metrics

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
Cash Interest Paid	6.56	7.73	5.53	3.78	3.09	1.32
Cash Income Tax Paid	16.87	24.88	8.33	5.37	1.83	0.64
Change in Working Capital	-62.6	-41.24	-26.27	27.7	13.18	13.27

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2025

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:

Aug 11, 2026

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