Sanlorenzo 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	Sep '25 Sep 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	997.49	966.62	856.38	753.24	593.29	529.37
Other Revenue	24.62	19.38	10.33	6.86	5.48	5.67
Revenue	1,022	986	866.71	760.1	598.77	535.05
Revenue Growth (YoY)	10.61%	13.76%	14.03%	26.94%	11.91%	4.58%
Cost of Revenue	713.22	697.69	621.92	560.73	442.71	413.89
Gross Profit	308.9	288.31	244.79	199.37	156.06	121.16
Selling, General & Admin	118.25	99.39	66.68	56.64	48.31	39.6
Other Operating Expenses	9.89	12.6	21.66	13.64	13.14	12.38
Operating Expenses	169.53	149.07	119.94	97.02	83.88	72.18
Operating Income	139.37	139.24	124.85	102.35	72.18	48.97
Interest Expense	-5.36	-2.92	-1.75	-0.87	-1	-1.49
Interest & Investment Income	2.66	5.88	6.13	0.28	0.19	0.01
Earnings From Equity Investments	-0.05	-0.03	-0.07	0.05	0	0.03
Currency Exchange Gain (Loss)	-0.16	-0.16	-0.41	0.22	-0.15	-0.09
Other Non Operating Income (Expenses)	-0.84	-0.84	-0.36	-0.17	-0.2	-0.61
EBT Excluding Unusual Items	135.62	141.18	128.39	101.85	71.02	46.83
Gain (Loss) on Sale of Investments	0.06	0.25	0.25	0.05	-0.03	-
Gain (Loss) on Sale of Assets	0.04	0.04	1.04	0.55	0.01	0.05
Asset Writedown	-	-	-	-0.17	-	-
Pretax Income	135.72	141.47	129.67	102.28	71.01	46.89
Income Tax Expense	28.67	38.35	36.39	27.54	19.66	12.48
Earnings From Continuing Operations	107.05	103.12	93.29	74.74	51.35	34.41
Net Income to Company	-	103.12	93.29	74.74	51.35	34.41
Minority Interest in Earnings	-0.94	-0	-0.45	-0.59	-0.34	0.1
Net Income	106.11	103.12	92.84	74.15	51.01	34.51
Net Income to Common	106.11	103.12	92.84	74.15	51.01	34.51
Net Income Growth	7.35%	11.07%	25.20%	45.38%	47.81%	27.67%
Shares Outstanding (Basic)	35	35	35	35	34	34
Shares Outstanding (Diluted)	35	35	35	35	35	34
Shares Change (YoY)	0.27%	0.94%	0.40%	0.84%	0.53%	6.89%
EPS (Basic)	3.01	2.95	2.67	2.14	1.48	1.00
EPS (Diluted)	3.00	2.91	2.65	2.12	1.47	1.00
EPS Growth	7.00%	9.81%	25.00%	44.22%	47.00%	19.31%
Free Cash Flow	6.82	-4.61	85.15	108.44	59.76	22.96
Free Cash Flow Per Share	0.19	-0.13	2.43	3.10	1.73	0.67
Dividend Per Share	1.000	1.000	1.000	0.660	0.600	0.300
Dividend Growth	-	-	51.52%	10.00%	100.00%	-
Gross Margin	30.22%	29.24%	28.24%	26.23%	26.06%	22.64%
Operating Margin	13.63%	14.12%	14.41%	13.46%	12.05%	9.15%
Profit Margin	10.38%	10.46%	10.71%	9.76%	8.52%	6.45%
Free Cash Flow Margin	0.67%	-0.47%	9.83%	14.27%	9.98%	4.29%
EBITDA	171.3	166.88	149.6	123.3	89.95	69.18
EBITDA Margin	16.76%	16.92%	17.26%	16.22%	15.02%	12.93%
D&A For EBITDA	31.94	27.64	24.76	20.96	17.77	20.21
EBIT	139.37	139.24	124.85	102.35	72.18	48.97
EBIT Margin	13.63%	14.12%	14.41%	13.46%	12.05%	9.15%
Effective Tax Rate	21.13%	27.11%	28.06%	26.93%	27.68%	26.62%
Advertising Expenses	-	5.17	2.67	3.34	2.78	1.61

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