Vinext S.p.A. (BIT:VNXT)

Vinext Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Operating Revenue	6.57	5.46	5
Other Revenue	0.2	0.07	0.05
Revenue	6.77	5.52	5.05
Revenue Growth (YoY)	22.56%	9.42%	-
Cost of Revenue	4.29	3.55	3.92
Gross Profit	2.48	1.97	1.12
Selling, General & Admin	1.37	1.19	0.9
Amortization of Goodwill & Intangibles	0.2	0.03	0.01
Other Operating Expenses	0.11	0.26	0.28
Operating Expenses	1.73	1.68	1.21
Operating Income	0.75	0.3	-0.08
Interest Expense	-0.18	-0.16	-0.11
Currency Exchange Gain (Loss)	0.01	-0	0
Other Non Operating Income (Expenses)	-0	-0.01	0.04
Pretax Income	0.58	0.12	-0.14
Income Tax Expense	0.21	0.16	0.04
Net Income	0.37	-0.04	-0.19
Net Income to Common	0.37	-0.04	-0.19
Free Cash Flow	-1.29	-0.22	-
Gross Margin	36.60%	35.69%	22.25%
Operating Margin	11.05%	5.35%	-1.64%
Profit Margin	5.51%	-0.70%	-3.70%
Free Cash Flow Margin	-19.12%	-3.99%	-
EBITDA	0.83	0.36	-0.05
EBITDA Margin	12.33%	6.55%	-0.97%
D&A For EBITDA	0.09	0.07	0.03
EBIT	0.75	0.3	-0.08
EBIT Margin	11.05%	5.35%	-1.64%
Effective Tax Rate	35.89%	131.98%	-
Revenue as Reported	7.09	5.92	5.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.