ING-GRAD d.d. (ZSE:IG)

Croatia · Delayed Price · Currency is EUR

68.00

+1.60 (2.41%)

At close: Jul 23, 2026

ING-GRAD d.d. Financials Overview

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

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	180.24	164.71	122.11	97.41	81.24	57.72
Revenue Growth	47.60%	34.88%	25.35%	19.91%	40.74%	11.20%
Gross Profit	46.68	43.74	35.47	31.27	17	12.1
Operating Income	27.34	25.88	18.13	13.81	7.53	6.79
Net Income	22.96	21.72	15.1	11.5	5.94	6.38
Earnings Per Share	-	6.00	3.90	-	-	-
EPS Growth	-	53.87%	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Investments	74.57	79.85	15.28	31.51	14.59	9.6
Total Debt	4.31	3.37	9.84	2.13	2.36	2.83
Net Cash (Debt)	70.27	76.48	5.44	29.39	12.22	6.78
Net Cash Growth	1191.65%	1305.92%	-81.49%	140.41%	80.38%	12.36%
Net Cash Per Share	-	21.13	1.41	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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 Cash Flow	21.8	30.67	-2.54	24.54	8.98	3.35
Capital Expenditures	-3.03	-2.05	-4.44	-3.21	-2.35	-1.59
Free Cash Flow	18.78	28.62	-6.98	21.33	6.64	1.76
Free Cash Flow Growth	-	-	-	221.45%	277.73%	-79.93%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Gross Margin	25.90%	26.56%	29.04%	32.10%	20.92%	20.96%
Operating Margin	15.17%	15.71%	14.85%	14.18%	9.27%	11.76%
Pretax Margin	15.92%	16.51%	15.44%	14.47%	8.94%	11.84%
Profit Margin	12.74%	13.19%	12.37%	11.81%	7.31%	11.05%
FCF Margin	10.42%	17.37%	-5.72%	21.90%	8.17%	3.04%

Dividends

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Dividend Per Share	3.000	3.000	2.600
Dividend Per Share Growth	0%	15.38%	-
Dividend Yield	4.41%	5.70%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	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
PE Ratio	11.19	10.01	-	-	-	-
P/FCF Ratio	13.68	7.60	-	-	-	-
PS Ratio	1.42	1.32	-	-	-	-