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

Croatia · Delayed Price · Currency is EUR

65.20

+0.20 (0.31%)

At close: Nov 4, 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	Sep '26 Sep 30, 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	212.59	164.71	122.11	97.41	81.24	57.72
Revenue Growth	37.86%	34.88%	25.35%	19.91%	40.76%	11.20%
Gross Profit	52.84	43.74	35.47	31.27	17	12.09
Operating Income	33.69	25.88	18.13	13.81	7.53	6.79
Net Income	23.71	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	Sep '26 Sep 30, 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	74.41	79.85	15.28	31.51	14.59	9.6
Total Debt	5.23	3.37	9.84	2.13	2.36	2.83
Net Cash (Debt)	69.18	76.48	5.44	29.39	12.22	6.78
Net Cash Growth	9.79%	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	Sep '26 Sep 30, 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	24.89	30.67	-2.54	24.54	8.98	3.35
Capital Expenditures	-36.83	-2.05	-4.44	-3.21	-2.35	-1.59
Free Cash Flow	-11.94	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	Sep '26 Sep 30, 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	24.86%	26.56%	29.04%	32.10%	20.92%	20.95%
Operating Margin	15.85%	15.71%	14.85%	14.18%	9.27%	11.76%
Pretax Margin	13.93%	16.51%	15.44%	14.47%	8.94%	11.84%
Profit Margin	11.15%	13.19%	12.37%	11.81%	7.31%	11.05%
FCF Margin	-5.62%	17.37%	-5.72%	21.90%	8.17%	3.04%

Dividends

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Nov '26 Nov 5, 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	4.60%	5.29%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 5, 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	10.51	10.01	-	-	-	-
P/FCF Ratio	-	7.60	-	-	-	-
PS Ratio	1.17	1.32	-	-	-	-