Ferrari Group ^FERGR.AS

Finances

	2023	2022	2021
Revenue	333.036 M ^{7.31 %}	310.354 M ^{31.39 %}	236.216 M
Net income	52.888 M ^{0.25 %}	52.755 M ^{30.59 %}	40.396 M
Income before tax	72.062 M ^{-2.66 %}	74.028 M ^{25.90 %}	58.799 M
Income before tax ratio	0.22 ^{-9.29 %}	0.24 ^{-4.18 %}	0.25
EBITDA	86.976 M ^{2.11 %}	85.181 M ^{24.72 %}	68.298 M
Net income ratio	0.16 ^{-6.58 %}	0.17 ^{-0.60 %}	0.17
Ratio EBITDA	0.26 ^{-4.85 %}	0.27 ^{-5.07 %}	0.29
Gross profit ratio	0.33 ^{-1.93 %}	0.34 ^{-0.81 %}	0.34
Weighted average shs out dil	76.754 M ^{-15.93 %}	91.300 M ^{0.00 %}	91.300 M
Weighted average shs out	76.602 M ^{0.00 %}	76.602 M ^{0.00 %}	76.602 M
EPS diluted	0.69 ^{18.97 %}	0.58 ^{31.82 %}	0.44
Earnings per share	0.69 ^{0.00 %}	0.69 ^{30.19 %}	0.53
Gross profit	110.187 M ^{5.23 %}	104.707 M ^{30.33 %}	80.342 M
Income tax expense	15.162 M ^{-11.65 %}	17.162 M ^{19.22 %}	14.395 M
Cost of revenue	222.849 M ^{8.36 %}	205.647 M ^{31.93 %}	155.874 M
General and administrative expenses	15.207 M ^{25.96 %}	12.073 M ^{7.48 %}	11.233 M
Selling and marketing expenses	0.000	0.000	0.000
Other expenses	21.991 M ^{11.91 %}	19.650 M ^{78.23 %}	11.025 M
Operating expenses	37.198 M ^{17.26 %}	31.723 M ^{42.52 %}	22.258 M
Cost and expenses	260.047 M ^{9.55 %}	237.370 M ^{33.26 %}	178.132 M
Research and development expenses	0.000	0.000	0.000
Selling general and administrative expenses	15.207 M ^{25.96 %}	12.073 M ^{7.48 %}	11.233 M
Interest income	1.055 M ^{101.72 %}	523.000 K ^{195.48 %}	177.000 K
Interest expense	1.282 M ^{15.50 %}	1.110 M ^{21.98 %}	910.000 K
Depreciation and amortization	13.632 M ^{35.74 %}	10.043 M ^{16.93 %}	8.589 M
Operating income	72.989 M ^{0.01 %}	72.984 M ^{25.65 %}	58.084 M
Operating income ratio	0.22 ^{-6.80 %}	0.24 ^{-4.36 %}	0.25
Total other income expenses net	-927.000 K ^{-188.79 %}	1.044 M ^{46.01 %}	715.000 K
	2023	2022	2021

	2023	2022	2021
Net debt	-66.129 M ^{-22.98 %}	-53.773 M ^{-136.50 %}	-22.737 M
Total investments	8.921 M ^{15.65 %}	7.714 M ^{36.48 %}	5.652 M
Total debt	32.648 M ^{-6.12 %}	34.777 M ^{-13.73 %}	40.311 M
Accumulated other comprehensive income loss	0.000	0.000	0.000
Retained earnings	77.504 M ^{73.71 %}	44.616 M ^{183.10 %}	15.760 M
Common stock	85.843 M ^{0.00 %}	85.843 M ^{0.00 %}	85.843 M
Total equity	175.055 M ^{24.79 %}	140.285 M ^{29.29 %}	108.507 M
Other non current liabilities	3.415 M ^{-40.02 %}	5.694 M ^{10.74 %}	5.142 M
Long term debt	22.110 M ^{-20.38 %}	27.771 M ^{-14.97 %}	32.659 M
Total non current liabilities	27.428 M ^{-21.84 %}	35.091 M ^{-11.09 %}	39.468 M
Other current liabilities	14.470 M ^{-29.08 %}	20.403 M ^{49.94 %}	13.607 M
Deferred revenue	0.000	0.000	0.000
Short term debt	10.538 M ^{50.41 %}	7.006 M ^{-8.44 %}	7.652 M
Total current liabilities	77.133 M ^{-1.05 %}	77.948 M ^{3.75 %}	75.128 M
Total liabilities	104.561 M ^{-7.50 %}	113.039 M ^{-1.36 %}	114.596 M
Other non current assets	13.405 M ^{18.71 %}	11.292 M ^{35.02 %}	8.363 M
Long term investments	0.000	0.000	0.000
Intangible assets	3.483 M ^{639.49 %}	471.000 K ^{-14.05 %}	548.000 K
GoodWill	2.417 M ^{0.00 %}	2.417 M ^{0.00 %}	2.417 M
Goodwill and intangible assets	5.900 M ^{104.29 %}	2.888 M ^{-2.60 %}	2.965 M
Property plant equipment net	51.261 M ^{32.77 %}	38.609 M ^{2.81 %}	37.554 M
Total non current assets	71.542 M ^{33.13 %}	53.740 M ^{7.61 %}	49.941 M
Other current assets	4.687 M ^{53.77 %}	3.048 M ^{4.96 %}	2.904 M
Short term investments	6.654 M ^{-11.47 %}	7.516 M ^{272.63 %}	2.017 M
cash and cash equivalents	98.777 M ^{11.55 %}	88.550 M ^{40.45 %}	63.048 M
Cash and short term investments	105.431 M ^{9.75 %}	96.066 M ^{47.65 %}	65.065 M
Total current assets	208.074 M ^{4.25 %}	199.584 M ^{15.26 %}	173.162 M
Inventory	211.000 K ^{44.52 %}	146.000 K ^{-85.01 %}	974.000 K
Net receivables	97.745 M ^{-2.57 %}	100.324 M ^{-3.74 %}	104.219 M
Tax assets	976.000 K ^{2.63 %}	951.000 K ^{-10.20 %}	1.059 M
Other assets	0.000	0.000	0.000
Account payables	30.966 M ^{5.71 %}	29.294 M ^{-14.40 %}	34.223 M
Tax payables	21.159 M ^{-0.40 %}	21.245 M ^{8.14 %}	19.646 M
Deferred revenue non current	0.000	0.000	0.000
Minority interest	11.033 M ^{38.64 %}	7.958 M ^{37.97 %}	5.768 M
Capital lease obligations	31.031 M ^{34.84 %}	23.014 M ^{1.58 %}	22.655 M
Preferred stock	0.000	0.000	0.000
Other total stockholders equity	675.000 K ^{-63.87 %}	1.868 M ^{64.44 %}	1.136 M
Deferred tax liabilities non current	1.903 M ^{17.04 %}	1.626 M ^{-2.46 %}	1.667 M
Other liabilities	0.000	0.000	0.000
Total assets	279.616 M ^{10.38 %}	253.324 M ^{13.55 %}	223.103 M
	2023	2022	2021

	2023	2022	2021
Deferred income tax	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000
Change in working capital	-3.946 M ^{-289.89 %}	2.078 M ^{110.34 %}	-20.090 M
Accounts receivables	2.156 M ^{-46.80 %}	4.053 M ^{136.19 %}	-11.200 M
Inventory	-66.000 K ^{-107.97 %}	828.000 K ^{185.27 %}	-971.000 K
Accounts payables	0.000	0.000	0.000
Other working capital	-6.036 M ^{-115.34 %}	-2.803 M ^{64.60 %}	-7.919 M
Other non cash items	-412.000 K ^{-442.11 %}	-76.000 K ^{-101.36 %}	5.579 M
Net cash provided by operating activities	66.174 M ^{-3.97 %}	68.911 M ^{79.07 %}	38.482 M
Investments in property plant and equipment	-9.498 M ^{-99.92 %}	-4.751 M ^{-13.12 %}	-4.200 M
Acquisitions net	0.000 ^{-100.00 %}	192.000 K ^{-86.93 %}	1.469 M
Purchases of investments	-2.064 M ^{0.24 %}	-2.069 M ^{0.05 %}	-2.070 M
Sales maturities of investments	2.512 M ^{12 460.00 %}	20.000 K	0.000
Other investing activites	-4.860 M ^{-1 070.06 %}	501.000 K ^{-94.26 %}	8.727 M
Net cash used for investing activites	-13.910 M ^{-127.77 %}	-6.107 M ^{-255.55 %}	3.926 M
Debt repayment	-9.911 M ^{-52.10 %}	-6.516 M ^{-139.12 %}	-2.725 M
Common stock issued	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000
Dividends paid	-22.810 M ^{12.90 %}	-26.187 M ^{-192.27 %}	-8.960 M
Other financing activites	-9.145 M ^{-55.79 %}	-5.870 M ^{-167.18 %}	-2.197 M
Net cash used provided by financing activities	-41.866 M ^{-8.54 %}	-38.573 M ^{-177.86 %}	-13.882 M
Effect of forex changes on cash	-173.000 K ^{-113.61 %}	1.271 M ^{2.01 %}	1.246 M
Net change in cash	10.227 M ^{-59.90 %}	25.502 M ^{-14.34 %}	29.772 M
Cash at beginning of period	88.550 M ^{40.45 %}	63.048 M ^{89.47 %}	33.276 M
Cash at end of period	98.777 M ^{11.55 %}	88.550 M ^{40.45 %}	63.048 M
Operating cash flow	66.174 M ^{-3.97 %}	68.911 M ^{79.07 %}	38.482 M
Capital expenditure	-12.488 M ^{-152.79 %}	-4.940 M ^{-12.43 %}	-4.394 M
Free CashFlow	53.686 M ^{-16.08 %}	63.971 M ^{87.66 %}	34.088 M
	2023	2022	2021

	2024-09-30	2023-12-31
Revenue	80.961 M ^{-10.92 %}	90.890 M
Net income	11.622 M ^{-33.89 %}	17.581 M
Income before tax	13.739 M ^{-36.92 %}	21.779 M
Income before tax ratio	0.17 ^{-29.18 %}	0.24
EBITDA	18.673 M ^{-30.63 %}	26.917 M
Net income ratio	0.14 ^{-25.79 %}	0.19
Ratio EBITDA	0.23 ^{-22.12 %}	0.30
Gross profit ratio	0.28 ^{-17.23 %}	0.34
Weighted average shs out dil	0.000 ^{-100.00 %}	76.754 M
Weighted average shs out	0.000 ^{-100.00 %}	76.602 M
EPS diluted	0.00 ^{-100.00 %}	0.23
Earnings per share	0.00 ^{-100.00 %}	0.23
Gross profit	22.656 M ^{-26.27 %}	30.729 M
Income tax expense	2.559 M ^{-36.23 %}	4.013 M
Cost of revenue	58.305 M ^{-3.09 %}	60.161 M
General and administrative expenses	3.328 M ^{56.46 %}	2.127 M
Selling and marketing expenses	0.000	0.000
Other expenses	4.950 M ^{-20.98 %}	6.264 M
Operating expenses	8.278 M ^{-1.35 %}	8.391 M
Cost and expenses	66.583 M ^{-2.87 %}	68.552 M
Research and development expenses	0.000	0.000
Selling general and administrative expenses	3.328 M ^{56.46 %}	2.127 M
Interest income	491.000 K ^{93.31 %}	254.000 K
Interest expense	381.000 K ^{66.38 %}	229.000 K
Depreciation and amortization	4.553 M ^{-7.25 %}	4.909 M
Operating income	14.378 M ^{-35.63 %}	22.338 M
Operating income ratio	0.18 ^{-27.74 %}	0.25
Total other income expenses net	-639.000 K ^{-14.31 %}	-559.000 K
	2024-09-30	2023-12-31

	2025-06-30	2024-09-30	2023-12-31
Net debt	-96.464 M ^{-27.77 %}	-75.501 M ^{-14.17 %}	-66.129 M
Total investments	12.471 M ^{3.21 %}	12.083 M ^{35.44 %}	8.921 M
Total debt	32.370 M ^{-1.41 %}	32.833 M ^{0.57 %}	32.648 M
Accumulated other comprehensive income loss	0.000	0.000	0.000
Retained earnings	95.680 M ^{4.48 %}	91.573 M ^{18.15 %}	77.504 M
Common stock	91.300 M ^{6.36 %}	85.843 M ^{0.00 %}	85.843 M
Total equity	190.497 M ^{-0.15 %}	190.783 M ^{8.98 %}	175.055 M
Other non current liabilities	19.947 M ^{374.14 %}	4.207 M ^{23.19 %}	3.415 M
Long term debt	20.327 M ^{-5.46 %}	21.501 M ^{-2.75 %}	22.110 M
Total non current liabilities	42.499 M ^{53.13 %}	27.753 M ^{1.18 %}	27.428 M
Other current liabilities	36.672 M ^{92.04 %}	19.096 M ^{31.97 %}	14.470 M
Deferred revenue	0.000	0.000	0.000
Short term debt	12.043 M ^{6.27 %}	11.332 M ^{7.53 %}	10.538 M
Total current liabilities	92.122 M ^{24.68 %}	73.886 M ^{-4.21 %}	77.133 M
Total liabilities	134.621 M ^{32.45 %}	101.639 M ^{-2.79 %}	104.561 M
Other non current assets	16.313 M ^{-5.36 %}	17.237 M ^{28.59 %}	13.405 M
Long term investments	0.000	0.000	0.000
Intangible assets	7.895 M ^{22.16 %}	6.463 M ^{85.56 %}	3.483 M
GoodWill	2.417 M ^{0.00 %}	2.417 M ^{0.00 %}	2.417 M
Goodwill and intangible assets	10.312 M ^{16.13 %}	8.880 M ^{50.51 %}	5.900 M
Property plant equipment net	56.495 M ^{4.45 %}	54.089 M ^{5.52 %}	51.261 M
Total non current assets	83.587 M ^{2.93 %}	81.204 M ^{13.51 %}	71.542 M
Other current assets	14.965 M ^{-38.57 %}	24.361 M ^{419.76 %}	4.687 M
Short term investments	4.177 M ^{-38.06 %}	6.744 M ^{1.35 %}	6.654 M
cash and cash equivalents	128.834 M ^{18.92 %}	108.334 M ^{9.68 %}	98.777 M
Cash and short term investments	133.011 M ^{15.58 %}	115.078 M ^{9.15 %}	105.431 M
Total current assets	241.531 M ^{14.35 %}	211.218 M ^{1.51 %}	208.074 M
Inventory	49.000 K ^{157.89 %}	19.000 K ^{-91.00 %}	211.000 K
Net receivables	93.506 M ^{30.30 %}	71.760 M ^{-26.58 %}	97.745 M
Tax assets	467.000 K ^{-53.21 %}	998.000 K ^{2.25 %}	976.000 K
Other assets	0.000	0.000	0.000
Account payables	25.972 M ^{-8.77 %}	28.469 M ^{-8.06 %}	30.966 M
Tax payables	17.435 M ^{16.32 %}	14.989 M ^{-29.16 %}	21.159 M
Deferred revenue non current	0.000	0.000	0.000
Minority interest	12.312 M ^{8.40 %}	11.358 M ^{2.95 %}	11.033 M
Capital lease obligations	31.345 M ^{-0.58 %}	31.527 M ^{1.60 %}	31.031 M
Preferred stock	0.000	0.000	0.000
Other total stockholders equity	-8.795 M ^{-537.78 %}	2.009 M ^{197.63 %}	675.000 K
Deferred tax liabilities non current	2.225 M ^{8.80 %}	2.045 M ^{7.46 %}	1.903 M
Other liabilities	0.000	0.000	0.000
Total assets	325.118 M ^{11.18 %}	292.422 M ^{4.58 %}	279.616 M
	2025-06-30	2024-09-30	2023-12-31

	2024-09-30	2023-12-31
Deferred income tax	0.000	0.000
Stock based compensation	0.000	0.000
Change in working capital	-609.000 K ^{72.62 %}	-2.224 M
Accounts receivables	18.921 M ^{625.88 %}	-3.598 M
Inventory	271.000 K ^{277.12 %}	-153.000 K
Accounts payables	0.000	0.000
Other working capital	-19.801 M ^{-1 396.73 %}	1.527 M
Other non cash items	-172.000 K ^{90.52 %}	-1.815 M
Net cash provided by operating activities	14.952 M ^{-19.77 %}	18.637 M
Investments in property plant and equipment	-2.185 M ^{-3.41 %}	-2.113 M
Acquisitions net	0.000	0.000
Purchases of investments	0.000 ^{100.00 %}	-14.000 K
Sales maturities of investments	808.000 K ^{203.72 %}	-779.000 K
Other investing activites	-1.742 M ^{47.83 %}	-3.339 M
Net cash used for investing activites	-3.119 M ^{50.06 %}	-6.245 M
Debt repayment	-54.000 K ^{99.12 %}	-6.153 M
Common stock issued	0.000	0.000
Common stock repurchased	0.000	0.000
Dividends paid	-10.715 M ^{-24.58 %}	-8.601 M
Other financing activites	-2.106 M ^{39.15 %}	-3.461 M
Net cash used provided by financing activities	-12.875 M ^{29.32 %}	-18.215 M
Effect of forex changes on cash	-129.000 K ^{41.89 %}	-222.000 K
Net change in cash	-1.171 M ^{80.62 %}	-6.043 M
Cash at beginning of period	109.505 M ^{4.47 %}	104.820 M
Cash at end of period	108.334 M ^{9.68 %}	98.777 M
Operating cash flow	14.952 M ^{-19.77 %}	18.637 M
Capital expenditure	-2.835 M ^{15.40 %}	-3.351 M
Free CashFlow	12.117 M ^{-20.73 %}	15.286 M
	2024	2023

Date	Form 10K
2023
2022
2021

Ferrari Group FERGR.AS

Finances

Ferrari Group ^FERGR.AS