Cash flow BasicNet S.p.A.

Stocks

BAN

IT0001033700

Apparel & Accessories Retailers

Market Closed - Borsa Italiana 11:45:00 2026-08-24 EDT			5-day change	1st Jan Change
6.000 ^EUR	+0.84%		-3.85%	-19.79%

08-24	BasicNet bought back 12,000 treasury ordinary shares for €74,000	AN
08-20	Milan leads at the open, Brent flirts with $93	AN

5dfadf0ba3.6Y99ltxAy8WhGZHGnwofiWOA4n-sKUlFHXjPU80lrNI.2vpM8uQwr_XRY8aX-GgpxBSzkBT1bgYKU0v-BYNR7qeH2Rr46jWYq5VqoQ

Published financial data: BASICNET S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	242M	313M	333M	347M	348M
Total Revenues	242M	313M	333M	347M	348M
Cost of Goods Sold, Total	144M	189M	187M	194M	185M
Gross Profit	98.01M	124M	145M	153M	163M
Selling General & Admin Expenses, Total	120M	142M	159M	167M	206M
Depreciation & Amortization - (IS)	12.56M	14.76M	16.97M	18.78M	23.28M
Other Operating Expenses	-54.76M	-70.7M	-60.43M	-59.08M	-64.49M
Other Operating Expenses, Total	77.99M	85.99M	115M	127M	165M
Operating Income	20.02M	38.19M	30.28M	25.71M	-1.4M
Interest Expense, Total	-878K	-1.57M	-4.45M	-5.59M	-5.71M
Interest And Investment Income	3K	132K	106K	116K	2.23M
Net Interest Expenses	-875K	-1.44M	-4.34M	-5.47M	-3.48M
Income (Loss) On Equity Invest.	-6K	-6K	-21K	-7K	-1.9M
Currency Exchange Gains (Loss)	-120K	-768K	-3.31M	752K	965K
Other Non Operating Income (Expenses)	8.61M	7.41M	10.06M	17.01M	7.18M
EBT, Excl. Unusual Items	27.63M	43.38M	32.66M	38M	1.36M
Restructuring Charges	-	-64K	-67K	-147K	-70K
Impairment of Goodwill	-67K	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	2.16M	-	-	-1.13M	-555K
EBT, Incl. Unusual Items	29.72M	43.32M	32.59M	36.72M	737K
Income Tax Expense	9.39M	13.28M	8.22M	11.45M	8.45M
Earnings From Continuing Operations	20.33M	30.04M	24.38M	25.26M	-7.71M
Net Income to Company	20.33M	30.04M	24.38M	25.26M	-7.71M
Net Income - (IS)	20.33M	30.04M	24.38M	25.26M	-7.71M
Net Income to Common Incl Extra Items	20.33M	30.04M	24.38M	25.26M	-7.71M
Net Income to Common Excl. Extra Items	20.33M	30.04M	24.38M	25.26M	-7.71M
Per Share Items
Net EPS - Basic	0.4	0.6	0.49	0.54	-0.17
Basic EPS - Continuing Operations	0.4	0.6	0.49	0.54	-0.17
Basic Weighted Average Shares Outstanding	51.28M	50.11M	49.63M	47.19M	46.41M
Net EPS - Diluted	0.4	0.6	0.49	0.54	-0.17
Diluted EPS - Continuing Operations	0.4	0.6	0.49	0.54	-0.17
Diluted Weighted Average Shares Outstanding	51.28M	50.11M	49.63M	47.19M	46.41M
Normalized Basic EPS	0.34	0.54	0.41	0.5	0.02
Normalized Diluted EPS	0.34	0.54	0.41	0.5	0.02
Dividend Per Share	0.12	0.18	0.15	0.16	0.16
Payout Ratio	15.46	20.28	36.92	29.37	-96.6
Supplemental Items
EBITDA	25M	43.78M	36.77M	32.5M	6.3M
EBITA	20.87M	39.05M	31.53M	26.95M	598K
EBIT	20.02M	38.19M	30.28M	25.71M	-1.4M
EBITDAR	-	-	39.4M	35.31M	8.04M
Effective Tax Rate - (Ratio)	31.6	30.66	25.21	31.19	1.15K
Total Current Taxes	8.4M	13.5M	8.2M	10.2M	6.7M
Total Deferred Taxes	1.6M	1M	821K	4.3M	2.9M
Normalized Net Income	17.27M	27.12M	20.41M	23.75M	851K
Interest on Long-Term Debt	808K	1.34M	2.34M	2.57M	2.45M
Non-Cash Pension Expense	383K	87K	510K	175K	208K
Supplemental Operating Expense Items
Advertising Expense	6.02M	7.8M	10.05M	12.98M	14.27M
Marketing Expenses	30.21M	27.21M	29.17M	30.64M	33.07M
Selling and Marketing Expenses	36.23M	35.01M	39.21M	43.62M	47.34M
Research And Development Expense From Footnotes	1.99M	2.23M	2.37M	2.64M	2.99M
Net Rental Expense, Total	-	-	2.64M	2.81M	1.74M
Imputed Operating Lease Interest Expense	-	-	608K	777K	327K
Imputed Operating Lease Depreciation	-	-	2.03M	2.04M	1.41M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	28.55M	19.48M	31.96M	28.2M	51.14M
Short Term Investments	-	-	-	-	40M
Total Cash And Short Term Investments	28.55M	19.48M	31.96M	28.2M	91.14M
Accounts Receivable, Total	53.12M	80.89M	76.33M	84.07M	88.78M
Other Receivables	6.74M	5.55M	10.09M	6.38M	21.41M
Total Receivables	59.86M	86.44M	86.42M	90.46M	110M
Inventory	63.62M	125M	112M	108M	160M
Prepaid Expenses	12.65M	12.45M	11.5M	10.64M	19.68M
Other Current Assets, Total	6.1M	5.31M	5.53M	7.7M	104K
Total Current Assets	171M	249M	248M	245M	381M
Gross Property Plant And Equipment	153M	176M	194M	215M	307M
Accumulated Depreciation	-82.83M	-89.59M	-103M	-116M	-144M
Net Property Plant And Equipment	70.4M	86.41M	91.27M	98.63M	163M
Long-term Investments	529K	184K	182K	185K	50.1M
Goodwill	11.84M	41.85M	43.21M	43.72M	108M
Other Intangibles, Total	65.75M	67.48M	69.29M	71.83M	117M
Deferred Tax Assets Long-Term	7.74M	7.73M	8.2M	6.01M	25.69M
Other Long-Term Assets, Total	761K	794K	956K	1.97M	5.62M
Total Assets	328M	453M	461M	468M	850M
Liabilities
Accounts Payable, Total	66.52M	100M	76.96M	82.29M	117M
Accrued Expenses, Total	8.36M	11.26M	14.17M	12.06M	26.16M
Short-term Borrowings	22.22M	45.92M	71.02M	79.57M	117M
Current Portion of Long-Term Debt	9.28M	18.48M	14.6M	11.26M	24.2M
Current Income Taxes Payable	5.06M	5.56M	861K	850K	-305K
Unearned Revenue Current, Total	5.7M	6.15M	10.06M	8.65M	10.1M
Other Current Liabilities	4.68M	9.98M	6.04M	6.89M	17.37M
Total Current Liabilities	122M	197M	194M	202M	312M
Long-Term Debt	34.27M	51.76M	39.14M	27.92M	78.06M
Long-Term Leases	24.56M	30.99M	36.86M	43.36M	103M
Pension & Other Post Retirement Benefits	3.57M	2.94M	2.72M	2.87M	2.7M
Deferred Tax Liability Non Current	6.45M	7M	7.69M	9.51M	14.79M
Other Non Current Liabilities	3.29M	13.85M	15.86M	12.13M	18.16M
Total Liabilities	194M	304M	296M	297M	528M
Common Stock, Total	31.72M	31.72M	31.72M	31.72M	31.72M
Retained Earnings	20.33M	30.04M	24.38M	25.26M	-7.71M
Treasury Stock	-30.65M	-13.96M	-16.44M	-30.86M	-32M
Comprehensive Income and Other	112M	101M	125M	144M	330M
Total Common Equity	134M	149M	165M	170M	322M
Total Equity	134M	149M	165M	170M	322M
Total Liabilities And Equity	328M	453M	461M	468M	850M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	51.16M	50.08M	49.6M	46.97M	47.75M
ECS Total Common Shares Outstanding	51.28M	50.11M	49.63M	47.19M	47.84M
Book Value / Share	2.61	2.98	3.32	3.61	6.73
Tangible Book Value	56.23M	39.81M	52.29M	54.79M	96.7M
Tangible Book Value Per Share	1.1	0.79	1.05	1.16	2.02
Total Debt	90.33M	147M	162M	162M	322M
Net Debt	61.78M	128M	130M	134M	231M
Debt Equivalent Oper. Leases	-	-	21.09M	22.5M	13.88M
Equity Method Investments, Total	191K	184K	182K	175K	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	87K	85K	71K	71K	-
Inventories - Finished Goods, Total	68.5M	129M	117M	112M	169M
Machinery, Total	46.65M	52.06M	57.81M	61.18M	81.86M
Full Time Employees	765	838	941	871	1.34K
Part Time Employees	99	123	141	-	4
Accumulated Allowance for Doubtful Accounts (Supple)	17.95M	19.53M	22.24M	19.4M	19.53M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	20.33M	30.04M	24.38M	25.26M	-7.71M
Depreciation & Amortization - CF	9.72M	11.66M	13.35M	14.9M	18.28M
Amortization of Goodwill and Intangible Assets - (CF)	848K	862K	1.25M	1.24M	2M
Depreciation & Amortization, Total	10.57M	12.52M	14.6M	16.14M	20.28M
Amortization of Deferred Charges, Total - (CF)	1.99M	2.23M	2.37M	2.64M	2.99M
Asset Writedown & Restructuring Costs	67K	64K	67K	147K	70K
(Income) Loss On Equity Investments - (CF)	6K	6K	21K	7K	1.9M
Other Operating Activities, Total	819K	82K	-285K	121K	600K
Change In Accounts Receivable	-70K	-26.25M	4.56M	-7.74M	18.3M
Change In Inventories	-1.43M	-55.74M	12.74M	3.88M	-13.77M
Change In Accounts Payable	11.64M	29.8M	-22.57M	5.34M	-94K
Change in Other Net Operating Assets	2.02M	3.78M	3.7M	3.39M	-8.81M
Cash from Operations	45.95M	-3.47M	39.58M	49.18M	13.77M
Capital Expenditure	-5.89M	-4.04M	-4.05M	-6.98M	-10.59M
Sale of Property, Plant, and Equipment	118K	-	-	-	-
Cash Acquisitions	-1.05M	-11.89M	-7.34M	-1.66M	-54.4M
Sale (Purchase) of Intangible assets	-3.21M	-13.35M	-6.8M	-7.03M	-3.06M
Investment in Marketable and Equity Securities, Total	-338K	-	-159K	-1.02M	-53.86M
Other Investing Activities, Total	1K	1K	-	-	1K
Cash from Investing	-10.37M	-29.28M	-18.36M	-16.69M	-122M
Long-Term Debt Issued, Total	-	31.5M	900K	206K	80M
Total Debt Issued	-	31.5M	900K	206K	80M
Long-Term Debt Repaid, Total	-13.88M	-18.89M	-23.26M	-23.17M	-95.32M
Total Debt Repaid	-13.88M	-18.89M	-23.26M	-23.17M	-95.32M
Repurchase of Common Stock	-5.97M	-6.54M	-2.49M	-14.42M	-14.43M
Common Dividends Paid	-3.14M	-6.09M	-9M	-7.42M	-7.45M
Common & Preferred Stock Dividends Paid	-3.14M	-6.09M	-9M	-7.42M	-7.45M
Other Financing Activities, Total	-	1K	-	2K	170M
Cash from Financing	-22.99M	-17K	-33.85M	-44.8M	133M
Miscellaneous Cash Flow Adjustments	-	-	-	-1K	1K
Net Change in Cash	12.59M	-32.76M	-12.62M	-12.31M	25.04M
Supplemental Items
Cash Interest Paid	734K	817K	4.6M	3.9M	3M
Cash Income Tax Paid (Refund)	1.7M	3.8M	8.4M	3.4M	5.5M
Levered Free Cash Flow	23.43M	-24M	10.82M	18.52M	-8.11M
Unlevered Free Cash Flow	23.98M	-23.02M	13.6M	22.01M	-4.54M
Change In Net Working Capital	-8.01M	44.25M	11.44M	-1.18M	13.29M
Net Debt Issued / Repaid	-13.88M	12.61M	-22.36M	-22.96M	-15.32M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.85	6.11	4.14	3.46	-0.13
Return on Total Capital	5.42	9.17	6.08	4.88	-0.18
Return On Equity %	16.06	21.23	15.53	15.08	-3.13
Return on Common Equity	16.06	21.23	15.53	15.08	-3.13
Margin Analysis
Gross Profit Margin %	40.56	39.71	43.68	44.02	46.88
SG&A Margin	49.74	45.39	47.64	48.22	59.11
EBITDA Margin %	10.34	14	11.05	9.37	1.81
EBITA Margin %	8.64	12.49	9.47	7.77	0.17
EBIT Margin %	8.29	12.21	9.1	7.41	-0.4
Income From Continuing Operations Margin %	8.41	9.61	7.33	7.28	-2.21
Net Income Margin %	8.41	9.61	7.33	7.28	-2.21
Net Avail. For Common Margin %	8.41	9.61	7.33	7.28	-2.21
Normalized Net Income Margin	7.15	8.67	6.13	6.85	0.24
Levered Free Cash Flow Margin	9.7	-7.67	3.25	5.34	-2.33
Unlevered Free Cash Flow Margin	9.92	-7.36	4.09	6.35	-1.3
Asset Turnover
Asset Turnover	0.74	0.8	0.73	0.75	0.53
Fixed Assets Turnover	3.5	3.99	3.75	3.65	2.67
Receivables Turnover (Average Receivables)	4.55	4.67	4.23	4.32	4.03
Inventory Turnover (Average Inventory)	2.28	2	1.58	1.76	1.38
Short Term Liquidity
Current Ratio	1.4	1.26	1.28	1.22	1.22
Quick Ratio	0.73	0.54	0.61	0.59	0.65
Operating Cash Flow to Current Liabilities	0.38	-0.02	0.2	0.24	0.04
Days Sales Outstanding (Average Receivables)	80.19	78.21	86.22	84.64	90.57
Days Outstanding Inventory (Average Inventory)	159.87	182.57	231.01	207.93	264.33
Average Days Payable Outstanding	154.05	121.66	184.98	153.17	153.58
Cash Conversion Cycle (Average Days)	86.01	139.11	132.26	139.4	201.32
Long Term Solvency
Total Debt/Equity	67.5	98.66	98.07	95.17	100.11
Total Debt / Total Capital	40.3	49.66	49.51	48.76	50.03
LT Debt/Equity	43.96	55.48	46.12	41.85	56.13
Long-Term Debt / Total Capital	26.24	27.93	23.28	21.44	28.05
Total Liabilities / Total Assets	59.17	67.08	64.24	63.58	62.11
EBIT / Interest Expense	22.8	24.35	6.81	4.6	-0.25
EBITDA / Interest Expense	34.84	32.34	10.09	7.49	3.31
(EBITDA - Capex) / Interest Expense	28.13	29.76	9.18	6.24	1.45
Total Debt / EBITDA	2.95	2.9	3.6	3.87	17.08
Net Debt / EBITDA	2.02	2.52	2.89	3.2	12.25
Total Debt / (EBITDA - Capex)	3.66	3.15	3.96	4.65	38.91
Net Debt / (EBITDA - Capex)	2.5	2.74	3.18	3.84	27.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.04	29.41	6.41	4.22	0.43
Gross Profit, 1 Yr. Growth %	13.13	26.7	17.05	5.03	6.94
EBITDA, 1 Yr. Growth %	545.08	65.11	-16.01	-13.41	-80.6
EBITA, 1 Yr. Growth %	24.74K	74.43	-19.13	-16.36	-97.77
EBIT, 1 Yr. Growth %	-2.23K	77.3	-20.58	-16.98	-105.49
Earnings From Cont. Operations, 1 Yr. Growth %	136.92	47.75	-18.85	3.64	-130.52
Net Income, 1 Yr. Growth %	136.92	47.75	-18.85	3.64	-130.52
Normalized Net Income, 1 Yr. Growth %	307.69	48.69	-24.61	13.59	-96.4
Diluted EPS Before Extra, 1 Yr. Growth %	142.55	51.18	-18.05	9	-131.03
Accounts Receivable, 1 Yr. Growth %	0.13	52.27	-5.64	10.15	5.6
Inventory, 1 Yr. Growth %	2.3	96.45	-10.2	-3.46	47.32
Net Property, Plant and Equip., 1 Yr. Growth %	3.87	22.76	5.62	8.07	64.83
Total Assets, 1 Yr. Growth %	1.79	38.23	1.69	1.51	81.78
Tangible Book Value, 1 Yr. Growth %	33.92	-29.2	31.34	4.78	76.48
Common Equity, 1 Yr. Growth %	12.19	11.45	10.49	3.37	89.11
Cash From Operations, 1 Yr. Growth %	15.91	-107.55	-1.24K	24.26	-72.01
Capital Expenditures, 1 Yr. Growth %	47.22	-31.33	0.25	72.3	51.65
Levered Free Cash Flow, 1 Yr. Growth %	-28.47	-198.42	-145.15	63.54	-143.68
Unlevered Free Cash Flow, 1 Yr. Growth %	-28.36	-192.33	-159.16	56.06	-120.59
Dividend Per Share, 1 Yr. Growth %	100	50	-16.67	6.67	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.72	20.95	17.35	5.31	2.31
Gross Profit, 2 Yr. CAGR %	-4.38	19.72	21.78	10.88	5.98
EBITDA, 2 Yr. CAGR %	-5.87	236.12	17.76	-13.84	-59.02
EBITA, 2 Yr. CAGR %	-8.28	2.06K	18.67	-16.86	-86.38
EBIT, 2 Yr. CAGR %	-8.55	537.72	18.56	-17.88	-78.72
Earnings From Cont. Operations, 2 Yr. CAGR %	-1.73	87.09	9.5	-8.29	-43.76
Net Income, 2 Yr. CAGR %	-1.73	87.09	9.5	-8.29	-43.76
Normalized Net Income, 2 Yr. CAGR %	-3.01	153.01	5.8	-6.35	-79.82
Diluted EPS Before Extra, 2 Yr. CAGR %	0.58	91.49	11.3	-5.49	-41.84
Accounts Receivable, 2 Yr. CAGR %	-11.98	23.48	19.87	1.95	7.85
Inventory, 2 Yr. CAGR %	-2.38	41.76	32.82	-6.89	19.26
Net Property, Plant and Equip., 2 Yr. CAGR %	18.86	12.92	13.87	6.84	33.46
Total Assets, 2 Yr. CAGR %	5.73	18.62	18.56	1.6	35.84
Tangible Book Value, 2 Yr. CAGR %	-0.1	-2.63	-3.57	17.31	35.99
Common Equity, 2 Yr. CAGR %	4.84	11.82	10.97	6.87	39.82
Cash From Operations, 2 Yr. CAGR %	18.34	-70.41	-7.19	276.43	-41.03
Capital Expenditures, 2 Yr. CAGR %	3.68	0.55	-17.03	31.42	61.65
Levered Free Cash Flow, 2 Yr. CAGR %	83.9	-14.41	-33.37	-12.12	-15.35
Unlevered Free Cash Flow, 2 Yr. CAGR %	75.22	-17.08	-26.13	-2.16	-43.24
Dividend Per Share, 2 Yr. CAGR %	0	73.21	11.8	-5.72	3.28
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.8	7.72	15.9	12.8	3.66
Gross Profit, 3 Yr. CAGR %	15.22	5.02	18.83	15.92	9.55
EBITDA, 3 Yr. CAGR %	-6.85	15.77	111.71	7.02	-47.59
EBITA, 3 Yr. CAGR %	-9.21	16.33	621.33	6.38	-75.15
EBIT, 3 Yr. CAGR %	-9.01	16.84	218.28	6.08	-66.74
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.1	12.58	41.63	7.51	-36.44
Net Income, 3 Yr. CAGR %	-1.1	12.58	41.63	7.51	-36.44
Normalized Net Income, 3 Yr. CAGR %	2.84	13.88	68.91	9.2	-68.44
Diluted EPS Before Extra, 3 Yr. CAGR %	0.9	15.22	44.3	10.53	-34.8
Accounts Receivable, 3 Yr. CAGR %	-8.74	5.67	12.89	16.54	3.15
Inventory, 3 Yr. CAGR %	12.76	23.25	21.75	19.42	8.5
Net Property, Plant and Equip., 3 Yr. CAGR %	33.79	20.15	10.43	11.9	23.45
Total Assets, 3 Yr. CAGR %	11.65	15.61	12.68	12.58	23.34
Tangible Book Value, 3 Yr. CAGR %	3.66	-10.93	7.59	-0.86	34.42
Common Equity, 3 Yr. CAGR %	5.82	7	11.38	8.38	29.26
Cash From Operations, 3 Yr. CAGR %	28	-52.71	-0.05	2.29	58.29
Capital Expenditures, 3 Yr. CAGR %	28.11	-9.62	0.45	5.85	37.85
Levered Free Cash Flow, 3 Yr. CAGR %	38.07	51.3	-30.87	-8.77	-30.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.15	43.37	-25.93	-4.07	-41.75
Dividend Per Share, 3 Yr. CAGR %	0	14.47	35.72	10.06	-3.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.32	18.19	16.42	6.75	10.26
Gross Profit, 5 Yr. CAGR %	12.55	17.9	17.8	7.33	13.51
EBITDA, 5 Yr. CAGR %	8.18	20.28	3.52	2.87	10.22
EBITA, 5 Yr. CAGR %	8.5	22.2	2.48	1.67	48.08
EBIT, 5 Yr. CAGR %	9	24.04	2.64	1.44	8.36
Earnings From Cont. Operations, 5 Yr. CAGR %	14.56	23.05	3.01	3.71	-2.12
Net Income, 5 Yr. CAGR %	14.56	23.05	3.01	3.71	-2.12
Normalized Net Income, 5 Yr. CAGR %	13.34	25	5.16	5.28	-27.45
Diluted EPS Before Extra, 5 Yr. CAGR %	16.61	25.51	4.94	6.44	0.32
Accounts Receivable, 5 Yr. CAGR %	-1.76	6.67	1.78	4.16	10.85
Inventory, 5 Yr. CAGR %	6.15	21.86	20.39	10.17	20.75
Net Property, Plant and Equip., 5 Yr. CAGR %	18.21	23.65	25.43	14.63	19.12
Total Assets, 5 Yr. CAGR %	8.98	15.6	14.36	9.79	21.43
Tangible Book Value, 5 Yr. CAGR %	5.46	3.38	0.71	-0.56	18.16
Common Equity, 5 Yr. CAGR %	7.12	8.98	7.85	6.95	21.98
Cash From Operations, 5 Yr. CAGR %	29.89	-21.53	12.56	8.43	-19.07
Capital Expenditures, 5 Yr. CAGR %	4.2	9.68	7.67	4.98	21.5
Levered Free Cash Flow, 5 Yr. CAGR %	69.58	28.04	3.99	21.72	-24.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	56.85	29.75	7.44	23.02	-32.93
Dividend Per Share, 5 Yr. CAGR %	14.87	24.57	4.56	5.92	21.67