Wiit S.p.A. (BIT: WIIT)

Wiit S.p.A. 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	145.51	128.92	116.6	76.37	52.09	33.73
Other Revenue	3.6	1.18	2.2	0.75	0.45	0.18
Revenue	149.12	130.11	118.81	77.12	52.54	33.91
Revenue Growth (YoY)	15.01%	9.51%	54.05%	46.77%	54.94%	34.37%
Cost of Revenue	94.38	80.57	77.18	51.59	32.74	20.34
Gross Profit	54.74	49.53	41.62	25.53	19.81	13.57
Selling, General & Admin	0.6	0.6	0.7	0.29	0.28	-
Other Operating Expenses	0.98	2.1	1.21	2.03	1.23	0.38
Operating Expenses	32.41	30.07	25.4	20.43	12.76	7.29
Operating Income	22.33	19.46	16.23	5.1	7.05	6.29
Interest Expense	-8.69	-7.76	-4.61	-3.88	-1.11	-0.21
Interest & Investment Income	0.36	0.21	0.02	0.02	0.01	0.25
Earnings From Equity Investments	-0.01	-0.01	-0.03	-	0.03	-
Currency Exchange Gain (Loss)	-0.02	-0.03	-0.01	-0.01	-0.04	-0.04
Other Non Operating Income (Expenses)	-0.19	-0.19	-0.14	-0.45	-0.3	-0.23
EBT Excluding Unusual Items	13.77	11.68	11.45	0.79	5.64	6.06
Merger & Restructuring Charges	-	-	-	-	-2.42	-0.24
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.01
Other Unusual Items	1.8	-	-	-	0.4	-0.82
Pretax Income	15.57	11.68	11.45	0.79	3.63	4.99
Income Tax Expense	3.81	3.33	3.61	1.2	1.15	-0.26
Earnings From Continuing Operations	11.75	8.35	7.84	-0.41	2.47	5.25
Net Income to Company	-	8.35	7.84	-0.41	2.47	5.25
Minority Interest in Earnings	-0.06	-0.06	0.01	-0.57	-0.88	-0.24
Net Income	11.69	8.29	7.85	-0.98	1.59	5.01
Net Income to Common	11.69	8.29	7.85	-0.98	1.59	5.01
Net Income Growth	35.41%	5.61%	-	-	-68.16%	49.72%
Shares Outstanding (Basic)	26	26	27	26	25	26
Shares Outstanding (Diluted)	26	27	27	26	25	26
Shares Change (YoY)	-0.34%	-1.80%	2.47%	5.55%	-2.52%	0.82%
EPS (Basic)	0.45	0.32	0.30	-0.04	0.06	0.20
EPS (Diluted)	0.45	0.31	0.29	-0.04	0.06	0.19
EPS Growth	35.35%	6.90%	-	-	-67.33%	48.85%
Free Cash Flow	21.69	20.94	9.98	19.01	10.44	7.26
Free Cash Flow Per Share	0.83	0.79	0.37	0.72	0.42	0.28
Dividend Per Share	-	0.300	0.300	0.300	0.105	0.150
Dividend Growth	-	0%	0%	185.71%	-30.00%	66.67%
Gross Margin	36.71%	38.07%	35.03%	33.10%	37.70%	40.03%
Operating Margin	14.97%	14.96%	13.66%	6.61%	13.42%	18.54%
Profit Margin	7.84%	6.37%	6.60%	-1.27%	3.03%	14.77%
Free Cash Flow Margin	14.55%	16.09%	8.40%	24.65%	19.87%	21.41%
EBITDA	47.06	40.74	35.78	20.62	15.97	11.73
EBITDA Margin	31.56%	31.31%	30.12%	26.74%	30.39%	34.60%
D&A For EBITDA	24.74	21.28	19.55	15.52	8.92	5.44
EBIT	22.33	19.46	16.23	5.1	7.05	6.29
EBIT Margin	14.97%	14.96%	13.66%	6.61%	13.42%	18.54%
Effective Tax Rate	24.50%	28.54%	31.51%	152.12%	31.79%	-
Revenue as Reported	150.92	130.11	118.81	77.12	52.95	33.91

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