Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of ERG S.p.A.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $738.00M | $740.94M | $713.84M | $1.04B | $973.70M | $1.02B | $1.02B | $1.05B | $1.03B | $921.03M |
| Cost of Revenue | $188.00M | $165.13M | $305.43M | $557.19M | $462.24M | $703.52M | $499.26M | $537.84M | $526.23M | $569.89M |
| Gross Profit | $550.00M | $575.81M | $408.41M | $480.99M | $511.45M | $318.07M | $524.47M | $515.71M | $499.26M | $351.14M |
| Gross Profit Ratio | 74.53% | 77.71% | 57.21% | 46.30% | 52.53% | 31.14% | 51.23% | 48.95% | 48.68% | 38.13% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $52.78M | $140.55M | $136.41M | $109.23M | $90.48M | $114.46M | $117.39M | $175.80M | $118.14M |
| Selling and Marketing Expenses | $- | $446.00K | $477.00K | $321.00K | $321.00K | $1.08M | $1.05M | $1.12M | $1.22M | $555.00K |
| Selling General and Administrative Expenses | $58.00M | $53.23M | $141.03M | $136.73M | $109.55M | $122.17M | $115.51M | $118.51M | $177.02M | $118.70M |
| Other Expenses | $221.00M | $218.40M | $-16.07M | $292.68M | $356.46M | $-28.09M | $21.87M | $8.67M | $10.27M | $7.73M |
| Operating Expenses | $279.00M | $271.62M | $157.09M | $292.68M | $356.46M | $150.26M | $316.21M | $307.84M | $298.05M | $203.79M |
| Cost and Expenses | $467.00M | $436.76M | $462.52M | $849.86M | $818.70M | $853.78M | $815.48M | $845.68M | $824.28M | $773.67M |
| Interest Income | $- | $18.49M | $2.02M | $4.07M | $6.84M | $2.03M | $13.46M | $4.62M | $2.07M | $9.62M |
| Interest Expense | $- | $49.10M | $43.15M | $37.52M | $47.84M | $52.54M | $52.49M | $28.72M | $40.17M | $25.08M |
| Depreciation and Amortization | $267.00M | $224.86M | $235.43M | $206.29M | $247.81M | $305.29M | $274.07M | $250.94M | $251.34M | $163.03M |
| EBITDA | $534.00M | $568.48M | $462.82M | $375.92M | $389.69M | $457.81M | $473.74M | $443.83M | $449.44M | $224.85M |
| EBITDA Ratio | 72.36% | 76.72% | 68.19% | 45.11% | 44.85% | 46.31% | 48.42% | 40.09% | 43.78% | 24.65% |
| Operating Income | $271.00M | $304.18M | $251.32M | $162.80M | $123.42M | $167.81M | $208.26M | $207.87M | $201.21M | $147.36M |
| Operating Income Ratio | 36.72% | 41.05% | 35.21% | 15.68% | 12.68% | 16.43% | 20.34% | 19.73% | 19.62% | 16.00% |
| Total Other Income Expenses Net | $-27.00M | $-14.05M | $-34.28M | $-50.43M | $-88.85M | $-115.51M | $-61.49M | $-69.18M | $-73.16M | $-110.62M |
| Income Before Tax | $244.00M | $290.14M | $184.24M | $112.20M | $66.28M | $52.85M | $144.01M | $140.19M | $153.54M | $36.74M |
| Income Before Tax Ratio | 33.06% | 39.16% | 25.81% | 10.81% | 6.81% | 5.17% | 14.07% | 13.31% | 14.97% | 3.99% |
| Income Tax Expense | $66.00M | $74.06M | $97.57M | $30.30M | $-43.26M | $19.53M | $39.68M | $32.96M | $28.66M | $12.56M |
| Net Income | $175.00M | $178.67M | $378.94M | $81.90M | $107.89M | $31.55M | $132.63M | $206.81M | $122.46M | $20.63M |
| Net Income Ratio | 23.71% | 24.11% | 53.08% | 7.89% | 11.08% | 3.09% | 12.96% | 19.63% | 11.94% | 2.24% |
| EPS | $1.20 | $1.20 | $2.53 | $0.55 | $0.72 | $0.21 | $0.89 | $1.39 | $0.85 | $0.14 |
| EPS Diluted | $1.20 | $1.20 | $2.53 | $0.55 | $0.72 | $0.21 | $0.89 | $1.39 | $0.85 | $0.14 |
| Weighted Average Shares Outstanding | 146.22M | 149.29M | 149.54M | 149.31M | 148.87M | 148.87M | 148.82M | 148.82M | 144.14M | 142.80M |
| Weighted Average Shares Outstanding Diluted | 146.22M | 149.29M | 149.54M | 149.31M | 148.87M | 148.87M | 148.82M | 148.82M | 144.14M | 142.80M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $- | $467.57M | $392.81M | $860.35M | $655.57M | $653.53M | $774.19M | $812.99M | $427.20M | $770.56M |
| Short Term Investments | $- | $241.70M | $3.14M | $578.44M | $84.84M | $24.24M | $- | $137.00K | $80.14M | $-331.00K |
| Cash and Short Term Investments | $- | $709.26M | $392.81M | $1.44B | $740.41M | $653.53M | $774.19M | $813.13M | $507.33M | $770.56M |
| Net Receivables | $- | $157.90M | $202.47M | $320.20M | $178.48M | $- | $- | $- | $292.98M | $343.45M |
| Inventory | $- | $20.02M | $17.60M | $32.30M | $49.38M | $22.27M | $21.62M | $20.60M | $20.36M | $21.22M |
| Other Current Assets | $34.00M | $168.68M | $209.80M | $1.07B | $108.41M | $- | $421.48M | $386.51M | $133.06M | $201.68M |
| Total Current Assets | $34.00M | $1.06B | $1.06B | $2.71B | $1.06B | $974.35M | $1.22B | $1.22B | $953.74M | $1.34B |
| Property Plant Equipment Net | $3.21B | $2.57B | $2.27B | $2.05B | $2.26B | $2.34B | $2.29B | $2.18B | $2.36B | $2.05B |
| Goodwill | $- | $412.50M | $408.05M | $306.12M | $223.38M | $220.94M | $148.27M | $125.93M | $125.93M | $141.10M |
| Intangible Assets | $1.58B | $990.87M | $1.38B | $689.06M | $826.48M | $1.11B | $782.51M | $634.57M | $676.61M | $845.73M |
| Goodwill and Intangible Assets | $1.58B | $1.40B | $1.79B | $995.18M | $1.05B | $1.33B | $930.78M | $760.50M | $802.55M | $986.83M |
| Long Term Investments | $49.00M | $36.75M | $78.15M | $-565.34M | $-32.59M | $55.43M | $90.60M | $58.77M | $127.85M | $182.51M |
| Tax Assets | $- | $43.24M | $243.72M | $150.35M | $53.52M | $42.26M | $128.03M | $132.86M | $160.04M | $173.03M |
| Other Non-Current Assets | $246.00M | $134.66M | $-115.72M | $666.16M | $134.34M | $-137.21M | $42.89M | $307.01M | $127.09M | $42.88M |
| Total Non-Current Assets | $5.09B | $4.14B | $4.27B | $3.29B | $3.46B | $3.63B | $3.48B | $3.44B | $3.58B | $3.44B |
| Other Assets | $- | $-2.00K | $1 | $2.00K | $2.00K | $1 | $4.00K | $2.00K | $-2.00K | $-1.00K |
| Total Assets | $5.12B | $5.20B | $5.33B | $6.00B | $4.53B | $4.60B | $4.70B | $4.66B | $4.53B | $4.78B |
| Account Payables | $- | $122.04M | $123.00M | $254.37M | $74.20M | $87.83M | $92.29M | $126.80M | $152.68M | $162.10M |
| Short Term Debt | $- | $170.33M | $383.56M | $1.35B | $150.18M | $128.96M | $334.73M | $287.65M | $159.10M | $254.75M |
| Tax Payables | $- | $40.22M | $52.31M | $27.30M | $26.30M | $7.14M | $31.75M | $38.15M | $36.36M | $39.62M |
| Deferred Revenue | $- | $2.49M | $7.27M | $291.33M | $104.62M | $157.00K | $31.75M | $109.51M | $97.89M | $177.81M |
| Other Current Liabilities | $- | $96.76M | $187.52M | $278.43M | $103.82M | $101.68M | $69.33M | $-7.45M | $76.18M | $-22.51M |
| Total Current Liabilities | $- | $431.84M | $746.39M | $1.91B | $354.50M | $325.62M | $528.10M | $553.34M | $424.33M | $611.77M |
| Long Term Debt | $2.02B | $2.17B | $1.90B | $2.17B | $2.06B | $2.06B | $1.87B | $1.68B | $1.79B | $1.99B |
| Deferred Revenue Non-Current | $- | $14.50M | $791.00K | $1.48M | $1.63M | $1.80M | $1.97M | $2.14M | $2.31M | $1.81M |
| Deferred Tax Liabilities Non-Current | $- | $191.96M | $302.74M | $107.27M | $120.44M | $209.06M | $288.64M | $265.26M | $274.36M | $254.68M |
| Other Non-Current Liabilities | $876.00M | $382.68M | $327.01M | $244.28M | $64.65M | $217.37M | $182.16M | $279.44M | $309.40M | $244.31M |
| Total Non-Current Liabilities | $2.90B | $2.76B | $2.53B | $2.53B | $2.40B | $2.49B | $2.34B | $2.23B | $2.38B | $2.49B |
| Other Liabilities | $- | $-132.35M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.90B | $3.06B | $3.28B | $4.44B | $2.76B | $2.82B | $2.87B | $2.78B | $2.80B | $3.10B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $2.15B | $15.03M | $15.03M | $15.03M | $15.03M | $15.03M | $15.03M | $15.03M | $15.03M | $15.03M |
| Retained Earnings | $- | $478.78M | $1.07B | $724.38M | $769.59M | $945.82M | $898.05M | $206.81M | $175.22M | $20.63M |
| Accumulated Other Comprehensive Income Loss | $- | $1.63B | $892.48M | $498.70M | $657.18M | $749.18M | $600.42M | $425.42M | $1.71B | $1.59B |
| Other Total Stockholders Equity | $- | $11.04M | $69.17M | $69.17M | $64.57M | $-183.31M | $64.21M | $64.21M | $- | $- |
| Total Stockholders Equity | $2.15B | $2.13B | $2.05B | $1.56B | $1.76B | $1.77B | $1.83B | $1.88B | $1.73B | $1.63B |
| Total Equity | $2.22B | $2.14B | $2.05B | $1.57B | $1.77B | $1.79B | $1.83B | $1.88B | $1.73B | $1.68B |
| Total Liabilities and Stockholders Equity | $5.12B | $5.20B | $5.33B | $6.00B | $4.53B | $4.60B | $4.70B | $4.66B | $4.53B | $4.78B |
| Minority Interest | $76.00M | $6.66M | $9.33M | $9.64M | $9.67M | $11.53M | $- | $- | $- | $50.34M |
| Total Liabilities and Total Equity | $5.12B | $5.20B | $5.33B | $6.00B | $4.53B | $4.60B | $4.70B | $4.66B | $4.53B | $4.78B |
| Total Investments | $49.00M | $321.68M | $78.15M | $13.10M | $52.25M | $55.43M | $90.60M | $58.91M | $207.99M | $182.18M |
| Total Debt | $2.02B | $2.34B | $2.28B | $3.54B | $2.22B | $2.21B | $2.11B | $1.97B | $1.95B | $2.09B |
| Net Debt | $2.02B | $1.87B | $1.89B | $2.68B | $1.57B | $1.56B | $1.34B | $1.16B | $1.52B | $1.32B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $175.00M | $178.67M | $84.81M | $174.45M | $109.54M | $31.55M | $132.76M | $206.81M | $124.88M | $23.68M |
| Depreciation and Amortization | $277.00M | $224.86M | $235.43M | $285.09M | $313.28M | $305.29M | $274.07M | $252.23M | $253.66M | $163.03M |
| Deferred Income Tax | $- | $- | $-47.73M | $-6.92M | $-22.99M | $-9.24M | $-9.62M | $8.41M | $-3.19M | $-5.54M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-50.00M | $193.11M | $12.56M | $-383.13M | $-43.39M | $53.62M | $-82.13M | $38.44M | $27.93M | $-10.47M |
| Accounts Receivables | $- | $53.37M | $100.77M | $-120.93M | $15.49M | $64.66M | $22.28M | $34.73M | $53.57M | $152.98M |
| Inventory | $- | $-2.32M | $-679.00K | $16.73M | $-5.92M | $-650.00K | $-985.00K | $-233.00K | $870.00K | $27.87M |
| Accounts Payables | $- | $-4.66M | $-89.15M | $120.21M | $-14.11M | $-5.64M | $-46.29M | $-26.07M | $-12.36M | $-154.16M |
| Other Working Capital | $-50.00M | $146.72M | $1.62M | $-399.15M | $-38.85M | $-4.75M | $-57.14M | $30.00M | $-14.15M | $-37.16M |
| Other Non Cash Items | $83.00M | $285.88M | $604.62M | $-45.81M | $31.30M | $576.07M | $-27.91M | $-105.50M | $-21.41M | $18.75M |
| Net Cash Provided by Operating Activities | $485.00M | $882.52M | $429.78M | $30.59M | $410.74M | $405.08M | $296.79M | $400.39M | $381.88M | $189.44M |
| Investments in Property Plant and Equipment | $-234.00M | $-305.77M | $-347.48M | $-272.75M | $-111.78M | $-68.51M | $-63.84M | $-60.45M | $-59.54M | $-116.21M |
| Acquisitions Net | $-319.00M | $-84.57M | $-413.28M | $-49.63M | $176.00K | $-155.03M | $279.21M | $-4.86M | $11.33M | $4.42M |
| Purchases of Investments | $- | $-30.51M | $-6.78M | $-419.76M | $-54.88M | $-1.21M | $-6.10M | $-5.20M | $-4.41M | $-970.00K |
| Sales Maturities of Investments | $- | $11.19M | $257.15M | $8.32M | $922.00K | $27.36M | $26.00K | $349.00K | $5.22M | $3.60M |
| Other Investing Activities | $-10.00M | $93.12M | $1.27B | $6.55M | $-2.09M | $36.18M | $-23.07M | $77.36M | $22.27M | $-1.40M |
| Net Cash Used for Investing Activities | $-563.00M | $-316.54M | $758.84M | $-727.27M | $-167.65M | $-161.21M | $186.23M | $7.20M | $-25.12M | $-110.56M |
| Debt Repayment | $- | $-52.81M | $-1.35B | $528.81M | $-23.45M | $-256.64M | $-152.13M | $-48.33M | $-577.39M | $684.73M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $5.45M | $- | $- | $5.16M |
| Common Stock Repurchased | $-47.00M | $-61.36M | $- | $- | $- | $- | $- | $-1.00M | $-6.25M | $- |
| Dividends Paid | $-152.00M | $-149.54M | $-139.05M | $-113.63M | $-115.17M | $-112.36M | $-171.14M | $-74.41M | $-142.80M | $-71.40M |
| Other Financing Activities | $-71.00M | $-227.51M | $-178.32M | $416.41M | $-102.42M | $4.46M | $-68.19M | $115.17M | $64.53M | $32.40M |
| Net Cash Used Provided by Financing Activities | $-270.00M | $-491.22M | $-1.67B | $901.46M | $-241.05M | $-364.54M | $-375.19M | $-8.57M | $-661.91M | $650.89M |
| Effect of Forex Changes on Cash | $- | $- | $10.00M | $-1.00K | $- | $- | $-483.02M | $-407.59M | $-356.75M | $-78.88M |
| Net Change in Cash | $1.33B | $74.76M | $-467.54M | $204.78M | $2.04M | $-120.67M | $-38.80M | $387.09M | $-343.37M | $-398.80M |
| Cash at End of Period | $1.79B | $467.57M | $392.81M | $860.35M | $655.57M | $653.53M | $774.19M | $814.28M | $427.19M | $770.56M |
| Cash at Beginning of Period | $467.57M | $392.81M | $860.35M | $655.57M | $653.53M | $774.19M | $812.99M | $427.19M | $770.56M | $1.17B |
| Operating Cash Flow | $485.00M | $882.52M | $429.78M | $30.59M | $410.74M | $405.08M | $296.79M | $400.39M | $381.88M | $189.44M |
| Capital Expenditure | $-234.00M | $-305.77M | $-347.48M | $-272.75M | $-111.78M | $-68.51M | $-63.84M | $-60.45M | $-59.54M | $-116.21M |
| Free Cash Flow | $251.00M | $576.75M | $82.30M | $-242.15M | $298.96M | $336.57M | $232.95M | $339.94M | $322.33M | $73.23M |