Balance Sheet CIA

Equities

CIA

IT0003389522

Real Estate Services

Market Closed - Borsa Italiana Other stock markets 16:44:59 05/07/2024 BST			5-day change	1st Jan Change
0.0365 ^EUR	-.--%		-.--%	-13.10%

07-03	Seri and Giglio lead the rises; CIA bad	AN
07-03	Stock exchanges up; Eurozone PPI drops beyond expectations	AN

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Published financial data: CIA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.49M	1.83M	285K	378K	285K
Other Revenues, Total	304K	122K	41K	-	-
Total Revenues	2.79M	1.95M	326K	378K	285K
Cost of Goods Sold, Total	1.7M	1.39M	313K	320K	298K
Gross Profit	1.09M	561K	13K	58K	-13K
Selling General & Admin Expenses, Total	916K	835K	143K	170K	194K
Depreciation & Amortization - (IS)	1.97M	1.25M	1.14M	-	-
Other Operating Expenses	259K	226K	122K	135K	195K
Other Operating Expenses, Total	3.15M	2.31M	1.4M	305K	389K
Operating Income	-2.06M	-1.75M	-1.39M	-247K	-402K
Interest Expense, Total	-269K	-235K	-142K	-31K	-150K
Interest And Investment Income	-	-	-	-	17K
Net Interest Expenses	-269K	-235K	-142K	-31K	-133K
Income (Loss) On Equity Invest.	-5K	-10K	-26K	-6K	20K
Currency Exchange Gains (Loss)	-	-	-	-	13K
Other Non Operating Income (Expenses)	-97K	-17K	-19K	-34K	-1K
EBT, Excl. Unusual Items	-2.43M	-2.01M	-1.58M	-318K	-503K
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-488K	-48K
Other Unusual Items	-460K	-65K	36K	-36K	-1.11M
EBT, Incl. Unusual Items	-2.89M	-2.07M	-1.54M	-842K	-1.66M
Income Tax Expense	-17K	74K	-5K	7K	18K
Earnings From Continuing Operations	-2.87M	-2.15M	-1.53M	-849K	-1.68M
Net Income to Company	-2.87M	-2.15M	-1.53M	-849K	-1.68M
Minority Interest	-	7K	-	-	-
Net Income - (IS)	-2.87M	-2.14M	-1.53M	-849K	-1.68M
Net Income to Common Incl Extra Items	-2.87M	-2.14M	-1.53M	-849K	-1.68M
Net Income to Common Excl. Extra Items	-2.87M	-2.14M	-1.53M	-849K	-1.68M
Per Share Items
Net EPS - Basic	-0.03	-0.02	-0.02	-0.01	-0.02
Basic EPS - Continuing Operations	-0.03	-0.02	-0.02	-0.01	-0.02
Basic Weighted Average Shares Outstanding	95.73M	107M	76.7M	84.9M	83.85M
Net EPS - Diluted	-0.03	-0.02	-0.02	-0.01	-0.02
Diluted EPS - Continuing Operations	-0.03	-0.02	-0.02	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	95.73M	107M	76.7M	84.9M	83.85M
Normalized Basic EPS	-0.02	-0.01	-0.01	-0	-0
Normalized Diluted EPS	-0.02	-0.01	-0.01	-0	-0
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-1.59M	-1.52M	-1.38M	-241K	-392K
EBITA	-2.06M	-1.74M	-1.39M	-247K	-402K
EBIT	-2.06M	-1.75M	-1.39M	-247K	-402K
EBITDAR	-1.53M	-1.49M	-1.31M	-202K	-390K
Total Revenues (As Reported)	2.68M	1.94M	336K	415K	285K
Effective Tax Rate - (Ratio)	0.59	-3.57	0.32	-0.83	-1.08
Total Current Taxes	8K	1K	-	17K	-
Total Deferred Taxes	-25K	73K	-5K	-10K	18K
Normalized Net Income	-1.52M	-1.25M	-984K	-199K	-314K
Interest on Long-Term Debt	333K	-	-	-	-
Supplemental Operating Expense Items
Net Rental Expense, Total	59K	28K	65K	39K	2K
Imputed Operating Lease Interest Expense	20.87K	12.14K	25.49K	2.92K	651
Imputed Operating Lease Depreciation	38.13K	15.86K	39.51K	36.08K	1.35K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	77K	3K	27K	559K	30K
Total Cash And Short Term Investments	77K	3K	27K	559K	30K
Accounts Receivable, Total	5.74M	3.37M	4.33M	2.3M	1.44M
Other Receivables	841K	345K	366K	349K	361K
Notes Receivable	159K	17K	17K	2K	9K
Total Receivables	6.74M	3.73M	4.71M	2.65M	1.81M
Inventory	3.43M	-	610K	-	-
Other Current Assets, Total	-	-	1.01M	734K	-
Total Current Assets	10.25M	3.74M	6.36M	3.94M	1.84M
Net Property Plant And Equipment	9.69M	1.78M	1.17M	1.8M	1.89M
Long-term Investments	7.15M	20.83M	18.78M	18.75M	19.5M
Other Intangibles, Total	19K	-	-	-	-
Accounts Receivable Long-Term	970K	882K	-	882K	891K
Deferred Tax Assets Long-Term	574K	434K	440K	441K	423K
Other Long-Term Assets, Total	22K	-	-	-	-
Total Assets	28.67M	27.66M	26.75M	25.82M	24.55M
Liabilities
Accounts Payable, Total	4.46M	3.47M	3.43M	2.45M	2.67M
Accrued Expenses, Total	3.25M	871K	295K	281K	407K
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	3.29M	2.81M	2.44M	2.46M	2.32M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	45K	-	663K	774K	1.22M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	2.51M	2.29M	2.41M	2.33M	1.39M
Total Current Liabilities	13.56M	9.44M	9.24M	8.3M	8M
Long-Term Debt	2.57M	-	541K	1.16M	1.42M
Pension & Other Post Retirement Benefits	80K	86K	93K	68K	81K
Other Non Current Liabilities	324K	-	270K	519K	963K
Total Liabilities	16.53M	9.53M	10.15M	10.05M	10.47M
Common Stock, Total	923K	923K	923K	923K	923K
Additional Paid In Capital	1.53M	1.53M	1.53M	1.53M	1.53M
Retained Earnings	-2.69M	-1.96M	-1.35M	-664K	-1.49M
Comprehensive Income and Other	12.38M	17.64M	15.5M	13.98M	13.13M
Total Common Equity	12.14M	18.14M	16.6M	15.77M	14.08M
Minority Interest	-	-	-	-	-
Total Equity	12.14M	18.14M	16.6M	15.77M	14.08M
Total Liabilities And Equity	28.67M	27.66M	26.75M	25.82M	24.55M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	92.3M	92.3M	92.3M	92.3M	92.3M
ECS Total Common Shares Outstanding	92.3M	92.3M	92.3M	92.3M	92.3M
Book Value / Share	0.13	0.2	0.18	0.17	0.15
Tangible Book Value	12.12M	18.14M	16.6M	15.77M	14.08M
Tangible Book Value Per Share	0.13	0.2	0.18	0.17	0.15
Total Debt	5.87M	2.81M	2.99M	3.63M	3.74M
Net Debt	5.79M	2.8M	2.96M	3.07M	3.71M
Debt Equivalent Oper. Leases	472K	224K	520K	312K	16K
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	6.72M	6.4M	4.74M	4.73M	5.49M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Full Time Employees	7	6	2	2	2
Accumulated Allowance for Doubtful Accounts (Supple)	83K	26K	32K	4K	5K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-2.87M	-2.14M	-1.53M	-849K	-1.68M
Depreciation & Amortization - CF	465K	221K	13K	6K	10K
Amortization of Goodwill and Intangible Assets - (CF)	-	5K	-	-	-
Depreciation & Amortization, Total	465K	226K	13K	6K	10K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
Net Cash From Discontinued Operations	-	4.43M	-	-	-
Other Operating Activities, Total	-	701K	-	-	-
Change In Accounts Receivable	179K	2.46M	-73K	1.14M	846K
Change In Inventories	104K	3.43M	-610K	610K	-
Change In Accounts Payable	365K	-994K	-36K	-981K	215K
Change In Income Taxes	826K	-938K	126K	404K	1.07M
Change in Other Net Operating Assets	-280K	-899K	50K	-66K	-1.02M
Cash from Operations	-1.21M	6.28M	-2.06M	269K	-561K
Capital Expenditure	-207K	-	-	-640K	-96K
Sale of Property, Plant, and Equipment	-	7.68M	603K	-	-
Sale (Purchase) of Intangible assets	-19K	14K	-	-	-
Investment in Marketable and Equity Securities, Total	-2.12M	-13.68M	1.03M	312K	-20K
Cash from Investing	-2.34M	-5.98M	1.63M	-328K	-116K
Long-Term Debt Issued, Total	-	-	178K	642K	114K
Total Debt Issued	-	-	178K	642K	114K
Long-Term Debt Repaid, Total	-435K	-3.06M	-	-	-
Total Debt Repaid	-435K	-3.06M	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	3.72M	2.69M	278K	-51K	34K
Cash from Financing	3.28M	-370K	456K	591K	148K
Net Change in Cash	-272K	-74K	24K	532K	-529K
Supplemental Items
Levered Free Cash Flow	-34.38K	1.81M	-3.38M	1.18M	982K
Unlevered Free Cash Flow	134K	1.96M	-3.29M	1.2M	1.08M
Change In Net Working Capital	-1.18M	-2.81M	2.43M	-1.99M	-1.41M
Net Debt Issued / Repaid	-435K	-3.06M	178K	642K	114K

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-4.58	-3.88	-3.19	-0.59	-1
Return on Total Capital	-7.22	-5.61	-4.28	-0.79	-1.35
Return On Equity %	-24.46	-14.19	-8.83	-5.25	-11.24
Return on Common Equity	-24.45	-14.14	-8.83	-5.25	-11.24
Margin Analysis
Gross Profit Margin %	38.97	28.78	3.99	15.34	-4.56
SG&A Margin	32.81	42.84	43.86	44.97	68.07
EBITDA Margin %	-57.06	-78.04	-421.78	-63.76	-137.54
EBITA Margin %	-73.71	-89.38	-425.77	-65.34	-141.05
EBIT Margin %	-73.71	-89.64	-425.77	-65.34	-141.05
Income From Continuing Operations Margin %	-102.87	-110.21	-470.55	-224.6	-588.42
Net Income Margin %	-102.87	-109.85	-470.55	-224.6	-588.42
Net Avail. For Common Margin %	-102.87	-109.85	-470.55	-224.6	-588.42
Normalized Net Income Margin	-54.37	-64.06	-301.96	-52.58	-110.31
Levered Free Cash Flow Margin	-1.23	93.09	-1.04K	312.24	344.56
Unlevered Free Cash Flow Margin	4.79	100.62	-1.01K	317.36	377.46
Asset Turnover
Asset Turnover	0.1	0.07	0.01	0.01	0.01
Fixed Assets Turnover	0.28	0.34	0.22	0.25	0.15
Receivables Turnover (Average Receivables)	0.43	0.4	0.07	0.11	0.15
Inventory Turnover (Average Inventory)	0.49	-	-	-	-
Short Term Liquidity
Current Ratio	0.76	0.4	0.69	0.47	0.23
Quick Ratio	0.49	0.39	0.51	0.39	0.23
Operating Cash Flow to Current Liabilities	-0.09	0.67	-0.22	0.03	-0.07
Days Sales Outstanding (Average Receivables)	855.07	913	4.93K	3.2K	2.4K
Days Outstanding Inventory (Average Inventory)	746.49	-	-	-	-
Average Days Payable Outstanding	976.49	-	-	-	3.13K
Cash Conversion Cycle (Average Days)	625.07	-	-	-	-
Long Term Solvency
Total Debt/Equity	48.32	15.48	17.98	23.01	26.57
Total Debt / Total Capital	32.58	13.41	15.24	18.71	20.99
LT Debt/Equity	21.18	-	3.26	7.38	10.08
Long-Term Debt / Total Capital	14.28	-	2.76	6	7.97
Total Liabilities / Total Assets	57.66	34.44	37.94	38.94	42.63
EBIT / Interest Expense	-7.65	-7.43	-9.77	-7.97	-2.68
EBITDA / Interest Expense	-5.92	-6.47	-9.68	-7.77	-2.61
(EBITDA - Capex) / Interest Expense	-6.69	-6.47	-9.68	-28.42	-3.25
Total Debt / EBITDA	-3.68	-1.85	-2.17	-15.05	-9.55
Net Debt / EBITDA	-3.63	-1.84	-2.15	-12.73	-9.47
Total Debt / (EBITDA - Capex)	-3.26	-1.85	-2.17	-4.12	-7.67
Net Debt / (EBITDA - Capex)	-3.22	-1.84	-2.15	-3.48	-7.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.71	-30.19	-83.27	15.95	-24.6
Gross Profit, 1 Yr. Growth %	-0.28	-48.44	-97.68	346.15	-122.41
EBITDA, 1 Yr. Growth %	673.3	-4.52	-9.6	0.84	62.66
EBITA, 1 Yr. Growth %	130.72	-15.35	-20.32	-1.98	62.75
EBIT, 1 Yr. Growth %	130.72	-15.11	-20.55	-1.98	62.75
Earnings From Cont. Operations, 1 Yr. Growth %	241.9	-25.21	-28.58	-44.65	97.53
Net Income, 1 Yr. Growth %	194.56	-25.45	-28.35	-44.65	97.53
Normalized Net Income, 1 Yr. Growth %	68.45	-17.75	-21.16	-27.56	58.18
Diluted EPS Before Extra, 1 Yr. Growth %	200	-33.33	0	-50	100
Accounts Receivable, 1 Yr. Growth %	-2.86	-41.31	28.33	-46.86	-37.19
Inventory, 1 Yr. Growth %	-2.94	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-2.59	-81.58	-34.53	54.28	4.77
Total Assets, 1 Yr. Growth %	4.12	-3.53	-3.29	-3.48	-4.91
Tangible Book Value, 1 Yr. Growth %