Cash flow Nexi S.p.A

Equities

NEXI

IT0005366767

Business Support Services

Real-time Borsa Italiana Other stock markets 13:51:02 13/03/2026 GMT			5-day change	1st Jan Change
2.992 ^EUR	+1.22%		+7.47%	-29.09%

09:10am	DIARY - Italy to April 30	RE
03-12	Kepler Cheuvreux Downgrades Nexi to Hold Rating, Cuts PT	MT

65bd4604dff6b50ff86930165e2a9.vLcOMwND3jYEIYwsL27aXTdTXgtyxQj3e9qk_q-qjHw.zuFYAGsVq3E2ZM1YZAOvD1wSDmAItTqBSpfKn8D9zR3l8CNQRhuXZ2lg3Q

Published financial data: NEXI S.P.A

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.64B	3.05B	5.4B	5.81B	6.2B
Gain (Loss) on Sale of Investment, Total (Rev)	-6.78M	-8.38M	-20.95M	-86.64M	-75.42M
Interest And Invest. Income (Rev)	15.58M	21.78M	50.11M	126M	152M
Other Revenues, Total	-276K	-67.97M	794K	48.22M	18.11M
Total Revenues	1.65B	3B	5.43B	5.9B	6.29B
Cost of Goods Sold, Total	688M	1.33B	2.24B	2.47B	2.63B
Gross Profit	964M	1.67B	3.19B	3.43B	3.66B
Selling General & Admin Expenses, Total	480M	1.01B	1.75B	1.69B	1.89B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	174M	90.07M	162M	186M	165M
Amortization of Goodwill and Intangible Assets - (IS)	-	268M	704M	704M	741M
Other Operating Expenses	11.32M	36.94M	15.69M	77.2M	37.42M
Other Operating Expenses, Total	666M	1.41B	2.64B	2.66B	2.84B
Operating Income	299M	258M	555M	770M	828M
Interest Expense, Total	-87.93M	-200M	-221M	-383M	-389M
Net Interest Expenses	-87.93M	-200M	-221M	-383M	-389M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	157K	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	-26.28M
EBT, Excl. Unusual Items	211M	58.2M	334M	386M	413M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-1.13B	-
Gain (Loss) On Sale Of Investments	-212K	1.44M	3.28M	-14.39M	-770K
Asset Writedown	-1.13M	-513K	-67.08M	-131M	-4.6M
Other Unusual Items	124K	-	-	-	-
EBT, Incl. Unusual Items	210M	59.13M	270M	-890M	408M
Income Tax Expense	79.71M	7.37M	135M	134M	217M
Earnings From Continuing Operations	130M	51.76M	135M	-1.02B	190M
Earnings Of Discontinued Operations	-739K	-34K	7.7M	21.16M	-19.41M
Net Income to Company	129M	51.72M	143M	-1B	171M
Minority Interest	-1.38M	-1.49M	-3.02M	-3.23M	-3.68M
Net Income - (IS)	128M	50.23M	140M	-1.01B	167M
Net Income to Common Incl Extra Items	128M	50.23M	140M	-1.01B	167M
Net Income to Common Excl. Extra Items	129M	50.27M	132M	-1.03B	187M
Per Share Items
Net EPS - Basic	0.2	0.06	0.11	-0.77	0.13
Basic EPS - Continuing Operations	0.2	0.06	0.1	-0.78	0.15
Basic Weighted Average Shares Outstanding	628M	835M	1.31B	1.31B	1.28B
Net EPS - Diluted	0.2	0.06	0.11	-0.77	0.13
Diluted EPS - Continuing Operations	0.2	0.06	0.1	-0.78	0.14
Diluted Weighted Average Shares Outstanding	643M	899M	1.38B	1.31B	1.36B
Normalized Basic EPS	0.21	0.04	0.16	0.18	0.2
Normalized Diluted EPS	0.2	0.04	0.15	0.18	0.19
Dividend Per Share	-	-	-	-	0.25
Payout Ratio	-	-	-	-0.31	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	461M	596M	1.42B	1.3B	1.45B
EBITA	415M	526M	1.26B	1.16B	1.33B
EBIT	299M	258M	555M	770M	828M
EBITDAR	470M	609M	1.45B	1.35B	1.5B
Effective Tax Rate - (Ratio)	38	12.47	49.89	-15.1	53.31
Current Domestic Taxes	62.04M	-	-	-	-
Total Current Taxes	62.04M	91.09M	242M	273M	346M
Deferred Domestic Taxes	17.67M	-	-	-	-
Total Deferred Taxes	17.67M	-83.72M	-107M	-138M	-128M
Normalized Net Income	130M	34.88M	206M	238M	255M
Interest on Long-Term Debt	28.42M	85.09M	106M	94.75M	92.75M
Non-Cash Pension Expense	1.95M	3.24M	23.96M	22.71M	18.53M
Supplemental Operating Expense Items
Advertising Expense	-	-	12.77M	11.84M	12.73M
Selling and Marketing Expenses	-	-	12.77M	11.84M	12.73M
General and Administrative Expenses	291M	594M	891M	831M	883M
Net Rental Expense, Total	8.64M	12.43M	31.81M	49.85M	51.06M
Imputed Operating Lease Interest Expense	2.63M	3.88M	7.8M	21.54M	23.25M
Imputed Operating Lease Depreciation	6.01M	8.56M	24.01M	28.31M	27.81M
Maintenance & Repair Expenses, Total	43.56M	46.18M	118M	121M	121M
Stock-Based Comp., SG&A Exp. (Total)	26.36M	47.51M	38.08M	19.64M	18.09M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	26.36M	47.51M	38.08M	19.64M	18.09M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	159M	1.55B	449M	800M	74.68M
Short Term Investments	443M	1.42B	1.55B	1.88B	2.64B
Trading Asset Securities, Total	-	-	3.08M	9.65M	17.69M
Total Cash And Short Term Investments	603M	2.97B	2B	2.69B	2.73B
Accounts Receivable, Total	994M	1.8B	2.48B	3.48B	2.51B
Other Receivables	337M	748M	987M	942M	802M
Notes Receivable	-	-	-	-	-
Total Receivables	1.33B	2.55B	3.47B	4.42B	3.31B
Inventory	8.75M	23.16M	53.7M	52.09M	53.78M
Prepaid Expenses	49.62M	49.47M	47.86M	46.15M	44.8M
Other Current Assets, Total	1.7M	124M	780M	1.34B	1B
Total Current Assets	1.99B	5.72B	6.35B	8.55B	7.14B
Gross Property Plant And Equipment	-	-	1.21B	1.39B	1.6B
Accumulated Depreciation	-	-	-643M	-834M	-1.08B
Net Property Plant And Equipment	187M	548M	562M	558M	517M
Long-term Investments	152M	134M	186M	192M	172M
Goodwill	2.86B	14.83B	13.1B	12B	11.98B
Other Intangibles, Total	851M	2.4B	4.87B	4.57B	4.18B
Deferred Tax Assets Long-Term	50.54M	208M	196M	233M	251M
Deferred Charges Long-Term	84.08M	175M	200M	240M	255M
Other Long-Term Assets, Total	112M	357M	1.61M	1.2M	1.13M
Total Assets	6.29B	24.37B	25.48B	26.35B	24.5B
Liabilities
Accrued Expenses, Total	284M	880M	964M	961M	1.02B
Short-term Borrowings	14.7M	18M	124M	810M	765M
Current Portion of Long-Term Debt	-	939M	39M	104M	45M
Current Income Taxes Payable	19.12M	47.57M	107M	37.78M	63.97M
Other Current Liabilities	24.53M	170M	231M	261M	242M
Total Current Liabilities	343M	2.05B	1.47B	2.17B	2.14B
Long-Term Debt	2.74B	6.33B	6.65B	6.14B	5.51B
Long-Term Leases	30.68M	186M	161M	164M	130M
Unearned Revenue Non Current	55.28M	66.18M	76.01M	69.82M	134M
Pension & Other Post Retirement Benefits	14.81M	39.85M	31M	32M	29.7M
Deferred Tax Liability Non Current	224M	431M	1.13B	1.05B	922M
Other Non Current Liabilities	1.32B	2.94B	3.73B	5.42B	4.68B
Total Liabilities	4.73B	12.04B	13.24B	15.05B	13.54B
Common Stock, Total	57.07M	118M	119M	119M	119M
Additional Paid In Capital	1.08B	11.59B	11.59B	11.59B	-
Retained Earnings	128M	50.23M	140M	-1.01B	167M
Treasury Stock	-	-4.49M	-4.44M	-7.01M	-5M
Comprehensive Income and Other	281M	565M	378M	582M	10.65B
Total Common Equity	1.55B	12.32B	12.22B	11.27B	10.93B
Minority Interest	9.68M	9.41M	18.15M	22.73M	23.15M
Total Equity	1.56B	12.33B	12.24B	11.3B	10.96B
Total Liabilities And Equity	6.29B	24.37B	25.48B	26.35B	24.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	628M	1.31B	1.31B	1.31B	1.23B
ECS Total Common Shares Outstanding	628M	1.31B	1.31B	1.31B	1.23B
Book Value / Share	2.47	9.4	9.32	8.6	8.89
Tangible Book Value	-2.16B	-4.91B	-5.76B	-5.3B	-5.23B
Tangible Book Value Per Share	-3.44	-3.75	-4.39	-4.04	-4.25
Total Debt	2.78B	7.47B	6.97B	7.21B	6.45B
Net Debt	2.18B	4.5B	4.97B	4.53B	3.72B
Debt Equivalent Oper. Leases	69.08M	99.46M	254M	399M	409M
Minority Interest, Total (Incl. Fin. Div)	9.68M	9.41M	18.15M	22.73M	23.15M
Equity Method Investments, Total	-	59.78M	41.82M	71.96M	70.15M
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	-	-	44.64M	44.39M	45.21M
Buildings, Total	-	-	282M	295M	317M
Machinery, Total	-	-	833M	990M	1.17B
Full Time Employees	1.99K	9.93K	10.22K	10.58K	8.61K
Part Time Employees	-	-	-	-	621
Accumulated Allowance for Doubtful Accounts (Supple)	11.28M	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	128M	50.23M	140M	-1.01B	167M
Depreciation & Amortization - CF	58.12M	90.07M	162M	189M	168M
Amortization of Goodwill and Intangible Assets - (CF)	116M	268M	704M	392M	501M
Depreciation & Amortization, Total	174M	358M	866M	580M	670M
Amortization of Deferred Charges, Total - (CF)	-	-	-	310M	237M
(Gain) Loss From Sale Of Asset	-	-	-	-	23.56M
(Gain) Loss on Sale of Investments - (CF)	276K	-	-735K	-48.22M	-22.05M
Asset Writedown & Restructuring Costs	1.13M	513K	67.08M	1.26B	4.61M
Stock-Based Compensation (CF)	-	-	-	19.6M	18M
Other Operating Activities, Total	86.61M	-84.74M	-80.34M	-98.01M	-54.16M
Change in Trading Asset Securities	-	-	-	-	-
Change In Accounts Receivable	-	-	-	-	-
Change in Other Net Operating Assets	-212M	259K	-357M	-117M	-69.95M
Cash from Operations	179M	324M	634M	902M	974M
Capital Expenditure	-38.66M	-101M	-146M	-129M	-104M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-945M	-244M	-499M	-176M	88.71M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-96.54M	-181M	-381M	-335M	-343M
Other Investing Activities, Total	-	-	-	617K	4.4M
Cash from Investing	-1.08B	-526M	-1.03B	-640M	-354M
Long-Term Debt Issued, Total	955M	3.25B	795M	150M	6.49M
Total Debt Issued	955M	3.25B	795M	150M	6.49M
Long-Term Debt Repaid, Total	-8.39M	-1.65B	-1.5B	-53.33M	-850M
Total Debt Repaid	-8.39M	-1.65B	-1.5B	-53.33M	-850M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-5.06M	-	-4.74M	-499M
Common Dividends Paid	-	-	-	-3.13M	-
Common & Preferred Stock Dividends Paid	-	-	-	-3.13M	-
Other Financing Activities, Total	-573K	-1.89M	1.9M	-	-2.94M
Cash from Financing	946M	1.59B	-706M	88.81M	-1.35B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	43.7M	1.39B	-1.1B	351M	-725M
Supplemental Items
Levered Free Cash Flow	395M	-368M	-463M	-886M	2.27B
Unlevered Free Cash Flow	450M	-244M	-324M	-647M	2.52B
Change In Net Working Capital	-198M	528M	1.05B	1.57B	-1.52B
Net Debt Issued / Repaid	946M	1.6B	-708M	96.67M	-844M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.23	1.05	1.37	1.85	2.04
Return on Total Capital	4.98	1.34	1.78	2.55	2.88
Return On Equity %	9.02	0.75	1.1	-8.69	1.71
Return on Common Equity	8.98	0.73	1.08	-8.74	1.68
Margin Analysis
Gross Profit Margin %	58.35	55.59	58.78	58.14	58.24
SG&A Margin	29.05	33.82	32.32	28.71	30.06
EBITDA Margin %	27.91	19.88	26.17	22.03	23.03
EBITA Margin %	25.1	17.53	23.19	19.68	21.13
EBIT Margin %	18.08	8.61	10.23	13.04	13.17
Income From Continuing Operations Margin %	7.87	1.73	2.49	-17.35	3.03
Net Income Margin %	7.74	1.68	2.58	-17.05	2.66
Net Avail. For Common Margin %	7.79	1.68	2.44	-17.41	2.97
Normalized Net Income Margin	7.9	1.16	3.79	4.04	4.05
Levered Free Cash Flow Margin	23.88	-12.29	-8.52	-15.02	36.14
Unlevered Free Cash Flow Margin	27.21	-8.12	-5.97	-10.96	40
Asset Turnover
Asset Turnover	0.29	0.2	0.21	0.23	0.25
Fixed Assets Turnover	8.7	8.16	9.84	10.54	11.71
Receivables Turnover (Average Receivables)	1.54	2.21	2.52	1.95	2.07
Inventory Turnover (Average Inventory)	86.32	83.43	58.23	46.7	49.64
Short Term Liquidity
Current Ratio	5.82	2.78	4.34	3.93	3.34
Quick Ratio	5.64	2.69	3.73	3.27	2.83
Operating Cash Flow to Current Liabilities	0.52	0.16	0.43	0.42	0.46
Days Sales Outstanding (Average Receivables)	238.24	165.26	144.85	187.28	176.88
Days Outstanding Inventory (Average Inventory)	4.24	4.37	6.27	7.82	7.37
Long Term Solvency
Total Debt/Equity	178.53	60.64	56.96	63.86	58.87
Total Debt / Total Capital	64.1	37.75	36.29	38.97	37.05
LT Debt/Equity	177.59	52.87	55.63	55.77	51.47
Long-Term Debt / Total Capital	63.76	32.92	35.44	34.03	32.4
Total Liabilities / Total Assets	75.22	49.42	51.96	57.13	55.27
EBIT / Interest Expense	3.4	1.29	2.51	2.01	2.13
EBITDA / Interest Expense	5.38	3.08	6.42	3.52	3.85
(EBITDA - Capex) / Interest Expense	4.94	2.58	5.76	3.19	3.59
Total Debt / EBITDA	5.88	12.14	4.91	5.34	4.31
Net Debt / EBITDA	4.61	7.31	3.5	3.35	2.48
Total Debt / (EBITDA - Capex)	6.4	14.52	5.47	5.91	4.63
Net Debt / (EBITDA - Capex)	5.02	8.75	3.9	3.71	2.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.54	81.4	81.08	10.69	6.63
Gross Profit, 1 Yr. Growth %	2.23	72.81	91.47	10.91	6.8
EBITDA, 1 Yr. Growth %	20.98	26.01	130.75	-5.33	-12.68
EBITA, 1 Yr. Growth %	29.86	27.03	139.62	-4.13	-9.48
EBIT, 1 Yr. Growth %	32.55	-13.33	129.69	75.33	-268.36
Earnings From Cont. Operations, 1 Yr. Growth %	255.91	-60.2	244.79	-1.19K	-118.6
Net Income, 1 Yr. Growth %	-5.36	-60.73	271.13	-823.76	-116.64
Normalized Net Income, 1 Yr. Growth %	409.02	-73.12	733.79	79	-146.28
Diluted EPS Before Extra, 1 Yr. Growth %	243.68	-70	150	-1.22K	-117.87
Accounts Receivable, 1 Yr. Growth %	-13.24	87.39	37.76	40.27	-28.01
Inventory, 1 Yr. Growth %	21.63	164.7	131.82	-2.99	3.25
Net Property, Plant and Equip., 1 Yr. Growth %	-3.21	193.05	3.69	-0.69	-7.4
Total Assets, 1 Yr. Growth %	18.87	287.66	1.07	3.12	-7.04
Tangible Book Value, 1 Yr. Growth %	57.94	127.6	-0.1	-8.9	-1.36
Common Equity, 1 Yr. Growth %	17.5	695.57	-0.64	-7.85	-3.02
Cash From Operations, 1 Yr. Growth %	-0.95	81.49	95.82	42.25	7.93
Capital Expenditures, 1 Yr. Growth %	-35.79	161.05	44.8	-11.42	-19.85
Levered Free Cash Flow, 1 Yr. Growth %	-365.75	-209.2	-35.18	97.01	-676.08
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.43K	-162.06	-44.92	107.6	-1.55K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	32.1	35.06	81.24	40.29	8.64
Gross Profit, 2 Yr. CAGR %	26.15	32.93	81.9	43.47	8.84
EBITDA, 2 Yr. CAGR %	38.19	25.05	73.3	45.28	2.74
EBITA, 2 Yr. CAGR %	38.84	28.29	74.44	48.64	4.78
EBIT, 2 Yr. CAGR %	37.92	7.01	36.55	78.43	37.39
Earnings From Cont. Operations, 2 Yr. CAGR %	71.7	19.02	2.02	410.72	42.19
Net Income, 2 Yr. CAGR %	88.76	-39.04	4.62	416.37	9.73
Normalized Net Income, 2 Yr. CAGR %	65.83	16.66	25.89	210.84	38.3
Diluted EPS Before Extra, 2 Yr. CAGR %	59.32	1.54	-29.29	342.51	41.78
Accounts Receivable, 2 Yr. CAGR %	-7.65	25.41	60.67	39.01	0.49
Inventory, 2 Yr. CAGR %	-	79.43	147.72	49.96	0.08
Net Property, Plant and Equip., 2 Yr. CAGR %	9.39	68.42	73.36	1.48	-4.1
Total Assets, 2 Yr. CAGR %	10.09	114.66	101.31	2.24	-2.09
Tangible Book Value, 2 Yr. CAGR %	-1.02	89.59	63.3	-4.11	-5.21
Common Equity, 2 Yr. CAGR %	82.59	205.75	180.95	-4.26	-5.47
Cash From Operations, 2 Yr. CAGR %	48.52	34.08	88.52	66.9	23.91
Capital Expenditures, 2 Yr. CAGR %	10.66	29.47	94.42	13.25	-15.74
Levered Free Cash Flow, 2 Yr. CAGR %	-56.22	57.5	17.11	11.42	124.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	-53.82	168.36	-9.07	4.8	184.23
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.72	46.84	48.93	52.84	28.03
Gross Profit, 3 Yr. CAGR %	4.04	40.11	50.12	52.65	30.03
EBITDA, 3 Yr. CAGR %	6.79	35.15	55.05	40.06	33.01
EBITA, 3 Yr. CAGR %	12.66	34.68	57.97	41.04	36.27
EBIT, 3 Yr. CAGR %	0.98	18	35.06	37.23	50.77
Earnings From Cont. Operations, 3 Yr. CAGR %	21.83	5.47	54.73	98.94	69.29
Net Income, 3 Yr. CAGR %	20.5	11.84	1.18	98.86	64.31
Normalized Net Income, 3 Yr. CAGR %	-6.61	-9.74	100.19	22.46	117.74
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-8.68	19.78	57.63	51.83
Accounts Receivable, 3 Yr. CAGR %	-29.01	15.63	29.4	53.56	11.63
Inventory, 3 Yr. CAGR %	-	-	95.42	81.24	32.42
Net Property, Plant and Equip., 3 Yr. CAGR %	6.01	51.93	42.75	43.98	-1.57
Total Assets, 3 Yr. CAGR %	-1.42	67.49	68.89	61.24	-0.95
Tangible Book Value, 3 Yr. CAGR %	74.47	30.64	61.49	34.89	-3.2
Common Equity, 3 Yr. CAGR %	-19.92	198.22	110.11	93.84	-3.85
Cash From Operations, 3 Yr. CAGR %	-36.47	58.78	52.12	71.63	44.33
Capital Expenditures, 3 Yr. CAGR %	-2.47	47.31	34.39	49.61	0.93
Levered Free Cash Flow, 3 Yr. CAGR %	69.48	-43.65	46.05	37.98	47.14
Unlevered Free Cash Flow, 3 Yr. CAGR %	98.44	-51.31	112.49	18.13	62.28
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	22.14	30.42	44.18	30.8
Gross Profit, 5 Yr. CAGR %	-	25.12	30.09	41.45	31.18
EBITDA, 5 Yr. CAGR %	-	23.01	30.28	40.02	30.61
EBITA, 5 Yr. CAGR %	-	23.33	34.13	40.09	33.01
EBIT, 5 Yr. CAGR %	-	6.97	13.86	37.42	29.74
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-3.06	13.48	87.56	39.12
Net Income, 5 Yr. CAGR %	-	-3.12	13.88	94.75	4.37
Normalized Net Income, 5 Yr. CAGR %	-	-17.54	5.12	38.1	58.28
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	58.3	19.19
Accounts Receivable, 5 Yr. CAGR %	-	-6.69	-2.23	24.47	16.95
Inventory, 5 Yr. CAGR %	-	-	-	-	49.53
Net Property, Plant and Equip., 5 Yr. CAGR %	-	37.91	29.06	28.99	21.75
Total Assets, 5 Yr. CAGR %	-	35.58	31.17	38.41	35.88
Tangible Book Value, 5 Yr. CAGR %	-	44.62	69.91	19.18	30.76
Common Equity, 5 Yr. CAGR %	-	35.63	32.3	89.26	52.69
Cash From Operations, 5 Yr. CAGR %	-	36.31	-1.85	61.98	40.14
Capital Expenditures, 5 Yr. CAGR %	-	31.42	28.53	32.61	11.5
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	41.67	-15.52	72.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	41.32	-21.05	136.79