Technogym Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	955.72	899.04	806.29	719.03	609.74	508.34
Other Revenue	2.28	2.25	1.8	2.47	1.67	1.34
Revenue	957.99	901.29	808.09	721.49	611.41	509.68
Revenue Growth (YoY)	14.02%	11.53%	12.00%	18.00%	19.96%	-23.81%
Cost of Revenue	521.33	498.03	454.04	418.25	344.16	277.21
Gross Profit	436.67	403.26	354.06	303.24	267.25	232.47
Selling, General & Admin	234.9	219.38	194.14	169.83	155.4	129.56
Other Operating Expenses	9.77	9.85	15.2	9.54	9.71	9.72
Operating Expenses	297.48	280.54	254.9	219.73	201.52	173.95
Operating Income	139.19	122.72	99.15	83.51	65.74	58.53
Interest Expense	-4.39	-0.92	-0.74	-0.83	-0.87	-0.93
Interest & Investment Income	9.52	7.15	5.04	1.38	0.92	0.61
Earnings From Equity Investments	0.03	0.07	4.4	1.77	15.35	0.88
Currency Exchange Gain (Loss)	0.02	0.02	0.55	0.87	1.43	-3.15
Other Non Operating Income (Expenses)	-2.28	-2.27	-1.84	-0.84	-0.64	-0.51
EBT Excluding Unusual Items	142.09	126.76	106.57	85.85	81.93	55.43
Gain (Loss) on Sale of Investments	-	-	-	-	-	-2.13
Asset Writedown	-0.45	-0.45	-0.15	-0.02	-0.03	-0.44
Legal Settlements	-0.38	-0.38	-1.11	0.02	-0.05	-0.53
Other Unusual Items	-4.29	-2.97	-4.92	-2.55	-2.12	-4.29
Pretax Income	136.97	122.96	100.4	83.31	79.73	48.04
Income Tax Expense	36.89	33.85	23.23	19.43	16.47	11.59
Earnings From Continuing Operations	100.08	89.12	77.17	63.88	63.27	36.45
Minority Interest in Earnings	-3.36	-2.08	-3.53	-0.29	-0.2	-0.44
Net Income	96.72	87.04	73.64	63.59	63.07	36
Net Income to Common	96.72	87.04	73.64	63.59	63.07	36
Net Income Growth	26.74%	18.20%	15.81%	0.83%	75.16%	-56.73%
Shares Outstanding (Basic)	199	199	200	201	201	201
Shares Outstanding (Diluted)	199	199	200	201	201	201
Shares Change (YoY)	-0.12%	-0.66%	-0.42%	-	-	0.16%
EPS (Basic)	0.49	0.44	0.37	0.32	0.31	0.18
EPS (Diluted)	0.49	0.44	0.37	0.32	0.31	0.18
EPS Growth	26.90%	18.99%	16.29%	0.83%	75.16%	-56.80%
Free Cash Flow	130.75	133.84	89.46	97.5	82.11	93.3
Free Cash Flow Per Share	0.66	0.67	0.45	0.48	0.41	0.46
Dividend Per Share	0.300	0.300	0.260	0.250	0.160	0.220
Dividend Growth	15.38%	15.38%	4.00%	56.25%	-27.27%	-
Gross Margin	45.58%	44.74%	43.81%	42.03%	43.71%	45.61%
Operating Margin	14.53%	13.62%	12.27%	11.57%	10.75%	11.48%
Profit Margin	10.10%	9.66%	9.11%	8.81%	10.32%	7.06%
Free Cash Flow Margin	13.65%	14.85%	11.07%	13.51%	13.43%	18.30%
EBITDA	169.62	152.47	125.4	107.18	88.56	80.85
EBITDA Margin	17.71%	16.92%	15.52%	14.85%	14.48%	15.86%
D&A For EBITDA	30.43	29.75	26.25	23.67	22.82	22.32
EBIT	139.19	122.72	99.15	83.51	65.74	58.53
EBIT Margin	14.53%	13.62%	12.27%	11.57%	10.75%	11.48%
Effective Tax Rate	26.93%	27.53%	23.14%	23.33%	20.65%	24.13%
Revenue as Reported	957.99	901.29	808.09	721.49	611.41	509.68
Advertising Expenses	-	22.24	19.93	18.22	17.41	13.18

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