Sanlorenzo Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,002	966.62	856.38	753.24	593.29
Other Revenue	24.92	19.38	10.33	6.86	5.48
Revenue	1,027	986	866.71	760.1	598.77
Revenue Growth (YoY)	4.16%	13.76%	14.03%	26.94%	11.91%
Cost of Revenue	844.12	697.69	621.92	560.73	442.71
Gross Profit	182.91	288.31	244.79	199.37	156.06
Selling, General & Admin	-	99.39	66.68	56.64	48.31
Other Operating Expenses	-	12.6	21.66	13.64	13.14
Operating Expenses	40.77	149.07	119.94	97.02	83.88
Operating Income	142.14	139.24	124.85	102.35	72.18
Interest Expense	-2.71	-2.92	-1.75	-0.87	-1
Interest & Investment Income	-	5.88	6.13	0.28	0.19
Earnings From Equity Investments	-	-0.03	-0.07	0.05	0
Currency Exchange Gain (Loss)	-	-0.16	-0.41	0.22	-0.15
Other Non Operating Income (Expenses)	-	-0.84	-0.36	-0.17	-0.2
EBT Excluding Unusual Items	139.44	141.18	128.39	101.85	71.02
Gain (Loss) on Sale of Investments	-0.19	0.25	0.25	0.05	-0.03
Gain (Loss) on Sale of Assets	-	0.04	1.04	0.55	0.01
Asset Writedown	-	-	-	-0.17	-
Other Unusual Items	-2.27	-	-	-	-
Pretax Income	136.98	141.47	129.67	102.28	71.01
Income Tax Expense	27.83	38.35	36.39	27.54	19.66
Earnings From Continuing Operations	109.15	103.12	93.29	74.74	51.35
Net Income to Company	109.15	103.12	93.29	74.74	51.35
Minority Interest in Earnings	-1.73	-0	-0.45	-0.59	-0.34
Net Income	107.42	103.12	92.84	74.15	51.01
Net Income to Common	107.42	103.12	92.84	74.15	51.01
Net Income Growth	4.17%	11.07%	25.20%	45.38%	47.81%
Shares Outstanding (Basic)	35	35	35	35	34
Shares Outstanding (Diluted)	35	35	35	35	35
Shares Change (YoY)	-0.22%	0.94%	0.40%	0.84%	0.53%
EPS (Basic)	3.04	2.95	2.67	2.14	1.48
EPS (Diluted)	3.04	2.91	2.65	2.12	1.47
EPS Growth	4.47%	9.81%	25.00%	44.22%	47.00%
Free Cash Flow	51.51	-4.61	85.15	108.44	59.76
Free Cash Flow Per Share	1.46	-0.13	2.43	3.10	1.73
Dividend Per Share	1.050	1.000	1.000	0.660	0.600
Dividend Growth	5.00%	-	51.52%	10.00%	100.00%
Gross Margin	17.81%	29.24%	28.24%	26.23%	26.06%
Operating Margin	13.84%	14.12%	14.41%	13.46%	12.05%
Profit Margin	10.46%	10.46%	10.71%	9.76%	8.52%
Free Cash Flow Margin	5.02%	-0.47%	9.83%	14.27%	9.98%
EBITDA	182.91	166.88	149.6	123.3	89.95
EBITDA Margin	17.81%	16.92%	17.26%	16.22%	15.02%
D&A For EBITDA	40.77	27.64	24.76	20.96	17.77
EBIT	142.14	139.24	124.85	102.35	72.18
EBIT Margin	13.84%	14.12%	14.41%	13.46%	12.05%
Effective Tax Rate	20.32%	27.11%	28.06%	26.93%	27.68%
Advertising Expenses	-	5.17	2.67	3.34	2.78

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