Ferretti S.p.A. (FRA:F3T1)

Ferretti Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,342	1,336	1,229	1,104	955.54	672.27
Other Revenue	1.29	-	-	-	-	-
Revenue	1,343	1,336	1,229	1,104	955.54	672.27
Revenue Growth (YoY)	2.82%	8.71%	11.29%	15.58%	42.14%	-5.84%
Cost of Revenue	859.92	852.65	773.32	692.26	628.1	434.89
Gross Profit	482.99	483.58	455.82	412.17	327.44	237.38
Selling, General & Admin	299.33	296.3	277.38	271.44	223.56	174.85
Other Operating Expenses	0.35	6.46	17.92	25.89	13.63	12.75
Operating Expenses	366.8	369.21	358.21	350.42	285.71	230.09
Operating Income	116.18	114.37	97.61	61.76	41.72	7.29
Interest Expense	-1.41	-1.82	-1.78	-3.19	-4.75	-6.14
Interest & Investment Income	6.01	6.01	8.65	2.33	0.22	0.13
Earnings From Equity Investments	-	-	-	-0.04	-0.02	-
Currency Exchange Gain (Loss)	0.07	0.24	0.02	9.45	-1.46	-0.62
Other Non Operating Income (Expenses)	-3.82	-1.3	-2.26	-1.22	-1.18	-0.73
EBT Excluding Unusual Items	117.03	117.51	102.25	69.08	34.54	-0.06
Gain (Loss) on Sale of Assets	6.36	6.36	0.08	0.1	-0.39	1.49
Asset Writedown	-	-	-0.26	-	-	-
Legal Settlements	-	-	-	-	5	-
Pretax Income	125.89	126.38	104.02	69.38	40.67	3.53
Income Tax Expense	38.21	38.22	20.52	8.84	3.29	-18.46
Earnings From Continuing Operations	87.68	88.16	83.5	60.55	37.38	21.98
Net Income to Company	-	88.16	83.5	60.55	37.38	21.98
Minority Interest in Earnings	-0.17	-0.24	-0.46	-0.27	0.16	0.02
Net Income	87.51	87.92	83.05	60.27	37.55	22.01
Net Income to Common	87.51	87.92	83.05	60.27	37.55	22.01
Net Income Growth	1.22%	5.86%	37.78%	60.54%	70.61%	-17.36%
Shares Outstanding (Basic)	337	338	338	317	251	251
Shares Outstanding (Diluted)	337	338	338	317	251	251
Shares Change (YoY)	-0.30%	-	6.85%	26.34%	-	23.63%
EPS (Basic)	0.26	0.26	0.25	0.19	0.15	0.09
EPS (Diluted)	0.26	0.26	0.25	0.19	0.15	0.09
EPS Growth	1.52%	5.86%	28.95%	27.07%	70.61%	-33.16%
Free Cash Flow	-93.16	-121.73	-59.28	64.24	195.31	-14.94
Free Cash Flow Per Share	-0.28	-0.36	-0.17	0.20	0.78	-0.06
Dividend Per Share	0.100	0.100	0.097	0.059	0.020	-
Dividend Growth	3.09%	3.09%	64.97%	196.97%	-	-
Gross Margin	35.97%	36.19%	37.08%	37.32%	34.27%	35.31%
Operating Margin	8.65%	8.56%	7.94%	5.59%	4.37%	1.08%
Profit Margin	6.52%	6.58%	6.76%	5.46%	3.93%	3.27%
Free Cash Flow Margin	-6.94%	-9.11%	-4.82%	5.82%	20.44%	-2.22%
EBITDA	171.94	169.46	151.77	107.14	83.62	44.01
EBITDA Margin	12.80%	12.68%	12.35%	9.70%	8.75%	6.55%
D&A For EBITDA	55.76	55.09	54.16	45.38	41.89	36.72
EBIT	116.18	114.37	97.61	61.76	41.72	7.29
EBIT Margin	8.65%	8.56%	7.94%	5.59%	4.37%	1.08%
Effective Tax Rate	30.35%	30.24%	19.73%	12.74%	8.09%	-
Advertising Expenses	-	25.48	24.14	20.55	13.12	9.9

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