Cash flow IONOS Group SE

Equities

IOS

DE000A3E00M1

IT Services & Consulting

Market Closed - Xetra Other stock markets 16:35:19 17/01/2025 GMT			5-day change	1st Jan Change
22.40 ^EUR	-2.18%		+2.99%	+2.52%

12-23	DZ Bank rates Ionos a 'Buy' - Fair value 32 euros	DP
12-23	IONOS : Buy rating from DZ Bank	ZD

afe78595a8a89107fac244de95b0.u_zzGSa2vD83cvF9njKcZUBaLa48iEoPlEyhENicXyE.7aS6K2fj1V1GJZU-7nDaKzEXHfYL7RVZ53j4KIfZFxXav8ZTYfzNWWERuA

Published financial data: IONOS GROUP SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	924M	988M	1.1B	1.29B	1.42B
Total Revenues	924M	988M	1.1B	1.29B	1.42B
Cost of Goods Sold, Total	417M	451M	535M	698M	738M
Gross Profit	507M	538M	568M	595M	686M
Selling General & Admin Expenses, Total	306M	309M	342M	384M	416M
Provision for Bad Debts	9.26M	6.06M	8.52M	8.6M	14.14M
Other Operating Expenses	-3.16M	-1.45M	-210K	-4.38M	-22.15M
Other Operating Expenses, Total	312M	314M	350M	388M	408M
Operating Income	195M	224M	217M	207M	278M
Interest Expense, Total	-111M	-105M	-95.56M	-94.37M	-84.65M
Interest And Investment Income	1.33M	1.22M	666K	706K	907K
Net Interest Expenses	-110M	-104M	-94.89M	-93.67M	-83.75M
Income (Loss) On Equity Invest.	10.37M	1.66M	-784K	112K	-251K
Currency Exchange Gains (Loss)	-2.6M	4.08M	-4.24M	-579K	-692K
Other Non Operating Income (Expenses)	-9.95M	-7.63M	-19.84M	-2.46M	29.65M
EBT, Excl. Unusual Items	82.28M	118M	97.66M	110M	223M
Merger & Related Restructuring Charges	-	-	-	-	-7.82M
Gain (Loss) On Sale Of Investments	-	-	-	1.91M	-
Gain (Loss) On Sale Of Assets	120K	-	481K	-18K	150K
Asset Writedown	19.44M	-	-	-	-
EBT, Incl. Unusual Items	102M	118M	98.14M	112M	215M
Income Tax Expense	47.59M	41.97M	36.2M	37.64M	41.07M
Earnings From Continuing Operations	54.25M	75.99M	61.94M	74.37M	174M
Net Income to Company	54.25M	75.99M	61.94M	74.37M	174M
Minority Interest	-295K	-477K	-1.02M	-600K	-15K
Net Income - (IS)	53.95M	75.51M	60.92M	73.77M	174M
Net Income to Common Incl Extra Items	53.95M	75.51M	60.92M	73.77M	174M
Net Income to Common Excl. Extra Items	53.95M	75.51M	60.92M	73.77M	174M
Per Share Items
Net EPS - Basic	149.87	209.76	-	204.92	1.24
Basic EPS - Continuing Operations	149.87	209.76	-	204.92	1.24
Basic Weighted Average Shares Outstanding	360K	360K	-	360K	140M
Net EPS - Diluted	149.87	209.76	-	204.92	1.23
Diluted EPS - Continuing Operations	149.87	209.76	-	204.92	1.23
Diluted Weighted Average Shares Outstanding	360K	360K	-	360K	141M
Normalized Basic EPS	142.02	203.47	-	189.51	1
Normalized Diluted EPS	142.02	203.47	-	189.51	0.98
Payout Ratio	-	0.03	0.03	0.01	-
Supplemental Items
EBITDA	277M	310M	310M	296M	363M
EBITA	224M	252M	241M	228M	296M
EBIT	195M	224M	217M	207M	278M
EBITDAR	282M	311M	313M	298M	365M
Total Revenues (As Reported)	-	-	-	1.29B	1.42B
Effective Tax Rate - (Ratio)	46.73	35.58	36.89	33.6	19.07
Current Domestic Taxes	44.41M	47.97M	45.73M	42.12M	52.25M
Current Foreign Taxes	10.51M	10.13M	12.64M	13.59M	16.7M
Total Current Taxes	54.92M	58.1M	58.36M	55.71M	68.95M
Total Deferred Taxes	-7.34M	-16.13M	-22.16M	-18.07M	-27.88M
Normalized Net Income	51.13M	73.25M	60.02M	68.22M	139M
Interest on Long-Term Debt	3.41M	2.19M	2.43M	3.58M	4.28M
Supplemental Operating Expense Items
Advertising Expense	28.49M	-	-	-	-
Marketing Expenses	38.93M	63.91M	-	112M	112M
Selling and Marketing Expenses	233M	239M	265M	296M	319M
General and Administrative Expenses	68.86M	68.71M	74.45M	85.06M	95.51M
Net Rental Expense, Total	4.33M	1.42M	2.59M	2.56M	1.64M
Imputed Operating Lease Interest Expense	2.39M	874K	1.57M	1.39M	838K
Imputed Operating Lease Depreciation	1.94M	542K	1.01M	1.17M	800K
Stock-Based Comp., Other (Total)	7.42M	9.47M	12.79M	4.21M	-7.75M
Total Stock-Based Compensation	7.42M	9.47M	12.79M	4.21M	-7.75M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	39.82M	106M	49.52M	26.44M	22.65M
Short Term Investments	1.51M	1.31M	2.32M	674K	6.03M
Total Cash And Short Term Investments	41.33M	107M	51.84M	27.11M	28.68M
Accounts Receivable, Total	104M	86.15M	60.96M	79.12M	85.2M
Other Receivables	7.8M	13.19M	21.17M	36.47M	75.68M
Total Receivables	112M	99.35M	82.13M	116M	161M
Inventory	35K	13K	14K	162K	69K
Prepaid Expenses	8.41M	9.49M	10.91M	14.5M	-
Other Current Assets, Total	14.18M	15.3M	16.68M	18.99M	35.15M
Total Current Assets	176M	231M	162M	176M	225M
Gross Property Plant And Equipment	464M	524M	605M	723M	707M
Accumulated Depreciation	-277M	-311M	-353M	-404M	-391M
Net Property Plant And Equipment	188M	213M	252M	319M	317M
Long-term Investments	48.57M	4.14M	5.54M	3.33M	5.04M
Goodwill	814M	807M	825M	821M	826M
Other Intangibles, Total	259M	221M	200M	176M	160M
Accounts Receivable Long-Term	4K	9K	2K	3.18M	2.86M
Deferred Tax Assets Long-Term	9.18M	998K	102K	28.11M	37.85M
Deferred Charges Long-Term	3.1M	3.66M	-	6.87M	13.63M
Other Long-Term Assets, Total	2.65M	7.72M	26.32M	7.31M	9.18M
Total Assets	1.5B	1.49B	1.47B	1.54B	1.6B
Liabilities
Accounts Payable, Total	49.83M	52.18M	63.43M	86.89M	95.52M
Accrued Expenses, Total	30.36M	37.59M	48.17M	58.46M	54.93M
Short-term Borrowings	517K	4K	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	1.12M
Current Portion of Leases	10.37M	13.76M	10.23M	13.79M	14.39M
Current Income Taxes Payable	18.72M	17.86M	14.05M	19.47M	21.98M
Unearned Revenue Current, Total	75.02M	71.24M	71.63M	74.38M	88.01M
Other Current Liabilities	22.51M	38.53M	70.11M	46.28M	22.16M
Total Current Liabilities	207M	231M	278M	299M	298M
Long-Term Debt	1.59B	1.47B	1.32B	1.24B	1.15B
Long-Term Leases	24.55M	52.98M	82.3M	115M	110M
Unearned Revenue Non Current	986K	770K	561K	1.1M	6.98M
Deferred Tax Liability Non Current	84.53M	54.12M	25.21M	38.47M	33.65M
Other Non Current Liabilities	26.91M	9.67M	2.7M	4.58M	3.62M
Total Liabilities	1.93B	1.81B	1.7B	1.7B	1.6B
Common Stock, Total	360K	360K	360K	360K	140M
Comprehensive Income and Other	-433M	-329M	-235M	-163M	-143M
Total Common Equity	-433M	-329M	-234M	-162M	-2.92M
Minority Interest	2.25M	2.48M	2.6M	123K	138K
Total Equity	-430M	-326M	-232M	-162M	-2.78M
Total Liabilities And Equity	1.5B	1.49B	1.47B	1.54B	1.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	360K	360K	-	360K	140M
ECS Total Common Shares Outstanding	360K	360K	-	360K	140M
Book Value / Share	-1.2K	-912.92	-	-450.84	-0.02
Tangible Book Value	-1.51B	-1.36B	-1.26B	-1.16B	-989M
Tangible Book Value Per Share	-4.18K	-3.77K	-	-3.22K	-7.07
Total Debt	1.62B	1.53B	1.41B	1.37B	1.27B
Net Debt	1.58B	1.43B	1.36B	1.35B	1.24B
Debt Equivalent Oper. Leases	34.67M	11.33M	20.69M	20.46M	13.1M
Minority Interest, Total (Incl. Fin. Div)	2.25M	2.48M	2.6M	123K	138K
Equity Method Investments, Total	2.05M	2.21M	3.59M	2.42M	4.28M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	3.3M	3.21M	-	-	-
Inventories - Others	1K	1K	-	-	-
Land - (BS)	9.32M	9.32M	11.8M	25.03M	25.6M
Machinery, Total	409M	425M	471M	533M	507M
Full Time Employees	3.42K	3.54K	3.95K	4.25K	4.36K
Accumulated Allowance for Doubtful Accounts (Supple)	9.49M	6.05M	9M	9.81M	14.07M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	53.95M	75.51M	60.92M	73.77M	174M
Depreciation & Amortization - CF	69.99M	71.36M	82.65M	83.39M	82.75M
Amortization of Goodwill and Intangible Assets - (CF)	29.51M	28.1M	23.81M	21.05M	18.18M
Depreciation & Amortization, Total	99.5M	99.46M	106M	104M	101M
Amortization of Deferred Charges, Total - (CF)	17.75M	11.43M	6.19M	7.89M	6.98M
(Gain) Loss From Sale Of Asset	-120K	-178K	-481K	19K	-150K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-1.91M	-
Asset Writedown & Restructuring Costs	-19.44M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-133K	-157K	13K	94K	407K
Stock-Based Compensation (CF)	7.42M	9.47M	12.79M	4.21M	-7.75M
Other Operating Activities, Total	5.87M	-5.48M	1.82M	-11.77M	35.22M
Change In Accounts Receivable	55.58M	-13.31M	-3.29M	-13.21M	-18.98M
Change In Inventories	27K	22K	-1K	-148K	93K
Change In Accounts Payable	-1.63M	2.32M	10.68M	16.9M	8.9M
Change in Unearned Revenues	-999K	-4M	-189K	3.28M	11.1M
Change In Income Taxes	-51M	-5.65M	-3.82M	6.85M	2.55M
Change in Other Net Operating Assets	242K	-2.82M	9.46M	-2.08M	966K
Cash from Operations	167M	167M	201M	188M	314M
Capital Expenditure	-74.56M	-66.79M	-93.02M	-97.06M	-81.7M
Sale of Property, Plant, and Equipment	5.61M	2.8M	2.28M	1.8M	1.56M
Cash Acquisitions	-	-316K	-21.2M	-	-4.42M
Investment in Marketable and Equity Securities, Total	210K	77.6M	-2.02M	4.02M	-2.11M
Other Investing Activities, Total	-61.04M	23.38M	25.37M	-19.33M	-27.5M
Cash from Investing	-130M	36.68M	-88.59M	-111M	-114M
Long-Term Debt Issued, Total	517K	4K	-	302K	800M
Total Debt Issued	517K	4K	-	302K	800M
Long-Term Debt Repaid, Total	-44.28M	-136M	-169M	-86.23M	-910M
Total Debt Repaid	-44.28M	-136M	-169M	-86.23M	-910M
Common Dividends Paid	-	-19K	-16K	-9K	-
Common & Preferred Stock Dividends Paid	-	-19K	-16K	-9K	-
Other Financing Activities, Total	-285K	-401K	-963K	-15.98M	-94.6M
Cash from Financing	-44.05M	-136M	-170M	-102M	-205M
Foreign Exchange Rate Adjustments	308K	-1.07M	1.84M	1.07M	406K
Net Change in Cash	-6.49M	65.98M	-56.28M	-23.08M	-3.79M
Supplemental Items
Cash Interest Paid	108M	103M	93.73M	86.92M	94.6M
Cash Income Tax Paid (Refund)	45.84M	66.52M	47.42M	55.11M	60.08M
Levered Free Cash Flow	26.62M	159M	173M	68.27M	89.59M
Unlevered Free Cash Flow	96.25M	225M	233M	127M	142M
Change In Net Working Capital	75.45M	-31.61M	-64.39M	21.42M	49.72M
Net Debt Issued / Repaid	-43.76M	-136M	-169M	-85.93M	-110M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.05	9.36	9.18	8.58	11.08
Return on Total Capital	10.59	14.19	13.89	10.82	14.01
Return On Equity %	-11.64	-20.09	-22.2	-37.76	-211.26
Return on Common Equity	-11.52	-19.84	-21.64	-37.2	-210.91
Margin Analysis
Gross Profit Margin %	54.85	54.4	51.47	46	48.17
SG&A Margin	33.13	31.28	31.01	29.68	29.2
EBITDA Margin %	30	31.34	28.12	22.86	25.51
EBITA Margin %	24.25	25.5	21.86	17.62	20.8
EBIT Margin %	21.05	22.66	19.71	15.99	19.53
Income From Continuing Operations Margin %	5.87	7.69	5.61	5.75	12.24
Net Income Margin %	5.84	7.64	5.52	5.71	12.24
Net Avail. For Common Margin %	5.84	7.64	5.52	5.71	12.24
Normalized Net Income Margin	5.53	7.41	5.44	5.28	9.79
Levered Free Cash Flow Margin	2.88	16.12	15.68	5.28	6.29
Unlevered Free Cash Flow Margin	10.42	22.78	21.09	9.84	10.01
Asset Turnover
Asset Turnover	0.61	0.66	0.75	0.86	0.91
Fixed Assets Turnover	5.44	4.94	4.74	4.52	4.48
Receivables Turnover (Average Receivables)	9.91	10.37	20.16	18.46	17.33
Inventory Turnover (Average Inventory)	8.6K	18.78K	39.66K	7.93K	6.39K
Short Term Liquidity
Current Ratio	0.85	1	0.58	0.59	0.75
Quick Ratio	0.74	0.89	0.48	0.48	0.64
Operating Cash Flow to Current Liabilities	0.81	0.72	0.72	0.63	1.05
Days Sales Outstanding (Average Receivables)	36.84	35.28	18.11	19.77	21.06
Days Outstanding Inventory (Average Inventory)	0.04	0.02	0.01	0.05	0.06
Average Days Payable Outstanding	48.76	41.43	39.41	40.83	45.12
Cash Conversion Cycle (Average Days)	-11.88	-6.13	-21.29	-21.01	-24
Long Term Solvency
Total Debt/Equity	-376.75	-469.93	-607.46	-847.25	-45.75K
Total Debt / Total Capital	136.13	127.03	119.71	113.38	100.22
LT Debt/Equity	-374.22	-465.71	-603.04	-838.75	-45.19K
Long-Term Debt / Total Capital	135.22	125.89	118.84	112.24	99
Total Liabilities / Total Assets	128.69	121.91	115.74	110.52	100.17
EBIT / Interest Expense	1.75	2.13	2.28	2.19	3.28
EBITDA / Interest Expense	2.64	3.07	3.39	3.3	4.48
(EBITDA - Capex) / Interest Expense	1.97	2.44	2.42	2.27	3.51
Total Debt / EBITDA	5.51	4.74	4.35	4.42	3.36
Net Debt / EBITDA	5.37	4.41	4.19	4.33	3.28
Total Debt / (EBITDA - Capex)	7.39	5.97	6.1	6.42	4.28
Net Debt / (EBITDA - Capex)	7.2	5.56	5.87	6.29	4.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.38	6.95	11.64	17.19	10.11
Gross Profit, 1 Yr. Growth %	7.38	6.08	5.63	4.72	15.32
EBITDA, 1 Yr. Growth %	7.63	11.7	-2.27	-2.83	22.86
EBITA, 1 Yr. Growth %	6.15	12.41	-4.28	-5.93	30.05
EBIT, 1 Yr. Growth %	6.51	15.02	-3.42	-4.92	34.5
Earnings From Cont. Operations, 1 Yr. Growth %	14.02	40.08	-18.49	20.07	134.29
Net Income, 1 Yr. Growth %	14.36	39.96	-19.32	21.09	136.17
Normalized Net Income, 1 Yr. Growth %	-13.43	43.06	-17.93	13.66	85.7
Diluted EPS Before Extra, 1 Yr. Growth %	-	39.96	-	21.09	133.42
Accounts Receivable, 1 Yr. Growth %	27.09	-17.46	25.71	29.79	7.69
Inventory, 1 Yr. Growth %	-43.55	-62.86	7.69	1.06K	-57.41
Net Property, Plant and Equip., 1 Yr. Growth %	23.3	13.52	18.57	26.5	-0.87
Total Assets, 1 Yr. Growth %	-1.26	-0.76	-1.13	4.75	3.55
Tangible Book Value, 1 Yr. Growth %	-5.59	-9.89	-7.12	-7.99	-14.67
Common Equity, 1 Yr. Growth %	-14.12	-24.03	-28.71	-30.73	-98.2
Cash From Operations, 1 Yr. Growth %	59.46	-0.24	20.36	-6.09	14.17
Capital Expenditures, 1 Yr. Growth %	-3.11	-10.42	39.27	4.35	-15.83
Levered Free Cash Flow, 1 Yr. Growth %	-	496.82	7.93	-60.53	31.22
Unlevered Free Cash Flow, 1 Yr. Growth %	-	133.7	3.02	-45.31	11.98
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	6.16	9.27	14.38	13.6
Gross Profit, 2 Yr. CAGR %	-	6.73	5.86	5.18	9.89
EBITDA, 2 Yr. CAGR %	-	9.67	5.77	-3.5	9.27
EBITA, 2 Yr. CAGR %	-	9.27	3.74	-4.93	10.6
EBIT, 2 Yr. CAGR %	-	10.72	5.68	-4.17	13.08
Earnings From Cont. Operations, 2 Yr. CAGR %	-	26.38	6.85	-1.07	67.73
Net Income, 2 Yr. CAGR %	-	26.52	6.26	-1.16	69.11
Normalized Net Income, 2 Yr. CAGR %	-	11.37	8.27	-3.42	52.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-1.16	-91.47
Accounts Receivable, 2 Yr. CAGR %	-	2.42	-23.58	27.73	18.22
Inventory, 2 Yr. CAGR %	-	-54.21	-36.75	253.01	122
Net Property, Plant and Equip., 2 Yr. CAGR %