PITECO S.P.A. financials
PITECO S.P.A.
Country: IT Reporting currency: EUR Latest annual report: 2021-12-31
LEI:
815600DCA061A9ED8305 Financial statements
(EUR, as reported — unscaled; 100 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Revenue | €37.3M | €23.4M |
| Gross profit | €17.2M | €8.9M |
| Other income | €1.8M | €1.4M |
| Operating expenses | €21.9M | €15.9M |
| Employee benefits expense | €13.7M | €10.3M |
| Raw materials & consumables used | €806.0K | €383.0K |
| Depreciation & amortisation | €5.7M | €3.6M |
| Operating profit (EBIT) | €11.5M | €5.3M |
| Finance costs | €1.7M | €1.2M |
| Profit before tax | €12.4M | €7.2M |
| Income tax expense | €504.0K | €128.0K |
| Profit for the year | €11.9M | €7.1M |
| Total comprehensive income | €11.8M | €6.9M |
| Cash flow statement | ||
| Net cash from operating activities | €14.2M | €10.9M |
| Net cash from investing activities | -€2.4M | -€36.5M |
| Purchase of PP&E (capex) | €140.0K | €100.0K |
| Purchase of intangibles | €1.7M | €1.2M |
| Net cash from financing activities | -€14.9M | €33.9M |
| Dividends paid | €3.9M | €3.5M |
| Proceeds from borrowings | €0 | €51.4M |
| Repayments of borrowings | €9.3M | €19.3M |
| Lease liability payments | €202.0K | €467.0K |
| Balance sheet | ||
| Total assets | €143.7M | €144.7M |
| Non-current assets | €124.1M | €125.8M |
| Property, plant & equipment | €1.0M | €2.1M |
| Right-of-use assets | €1.6M | €1.8M |
| Intangible assets & goodwill | €70.1M | €70.1M |
| Current assets | €18.5M | €18.9M |
| Trade & other receivables | €10.1M | €7.3M |
| Cash & equivalents | €7.9M | €11.1M |
| Total equity | €50.9M | €44.0M |
| Non-current liabilities | €71.9M | €82.0M |
| Current liabilities | €20.9M | €18.7M |
| Trade & other payables | €6.8M | €7.0M |
| Deferred tax liabilities | €11.7M | €12.3M |
| Derived metrics | ||
| Free cash flow | €14.0M | €10.8M |
| Operating margin | 30.8% | 22.8% |
| Net margin | 31.8% | 30.4% |
| Return on equity | 23.3% | 16.1% |
| Cash conversion ratio | 1.19× | 1.53× |
| Capex coverage | 101.08× | 108.86× |
| Other reported items | ||
| Adjustments For Decrease Increase In Trade and Other Receivables | -€2.8M | €5.4M |
| Adjustments For Deferred Tax Expense | -€3.1M | -€353.0K |
| Adjustments For Depreciation and Amortisation Expense | €5.7M | €3.6M |
| Adjustments For Finance Income Cost | -€357.0K | -€2.5M |
| Adjustments For Income Tax Expense | €2.8M | €481.0K |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | €144.0K | €906.0K |
| Adjustments For Increase Decrease In Trade and Other Payables | €1.0M | -€2.3M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | -€9.3M | €32.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €17.1M | €8.3M |
| Changes In Equity | €320.0K | -€766.0K |
| Contract Assets | €396.0K | €133.0K |
| Contract Liabilities | €2.5M | €1.5M |
| Current Tax Assets Current | €19.0K | €165.0K |
| Current Tax Liabilities Current | €2.4M | €542.0K |
| Deferred Tax Assets | €3.3M | €786.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€398.0K | €442.0K |
| Equity and Liabilities | €143.7M | €144.7M |
| Finance Income | €2.1M | €3.7M |
| Gains Losses On Exchange Differences On Translation Net of Tax | -€65.0K | -€20.0K |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | €520.0K | -€614.0K |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €0 | -€56.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €9.0K | -€26.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €1.3M | €935.0K |
| Increase Decrease In Cash and Cash Equivalents | -€3.2M | €8.2M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Conversion of Convertible Instruments | €0 | €3.7M |
| Increase Decrease Through Cumulative Catchup Adjustments To Revenue Contract Assets | -€263.0K | -€25.0K |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | €0 |
| Intangible Assets Other Than Goodwill | €47.1M | €50.4M |
| Interest Paid Classified As Operating Activities | €566.0K | €585.0K |
| Interest Received Classified As Operating Activities | €15.0K | €25.0K |
| Issue of Equity | €0 | €8.0M |
| Issued Capital | €30.8M | €30.8M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €1.1M | €0 |
| Noncurrent Financial Assets Measured At Fair Value Through Other Comprehensive Income | €606.0K | €0 |
| Noncurrent Financial Liabilities | €57.1M | €67.1M |
| Noncurrent Provisions For Employee Benefits | €2.5M | €2.4M |
| Other Adjustments For Noncash Items | €199.0K | €0 |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €39.0K | -€107.0K |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | €0 | -€201.0K |
| Other Current Financial Assets | €103.0K | €235.0K |
| Other Current Financial Liabilities | €9.2M | €9.7M |
| Other Expense By Nature | €512.0K | €255.0K |
| Other Inflows Outflows of Cash Classified As Financing Activities | €320.0K | -€149.0K |
| Other Longterm Provisions | €61.0K | €57.0K |
| Other Noncurrent Financial Assets | €431.0K | €545.0K |
| Other Noncurrent Nonfinancial Liabilities | €606.0K | €129.0K |
| Other Reserves | €5.2M | €4.0M |
| Payments To Acquire Or Redeem Entitys Shares | €1.4M | €2.5M |
| Proceeds From Issuing Shares | €0 | €8.0M |
| Proceeds From Other Longterm Assets Classified As Investing Activities | €0 | €14.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €0 | €1.0K |
| Purchase of Other Longterm Assets Classified As Investing Activities | €606.0K | €0 |
| Purchase of Treasury Shares | €1.4M | €2.5M |
| Retained Earnings | €14.1M | €7.4M |
| Revenue and Operating Income | €39.0M | €24.7M |
| Services Expense | €6.8M | €4.9M |
| Share Premium | €6.0M | €5.9M |
| Treasury Shares | €5.3M | €4.1M |
Methodology
Every line item above is a fact tagged in PITECO S.P.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.