Grazziotin S.A. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€116.44M +7.6%	€16.73M +9.4%	14.4% +0.0023 pp	€33.17M -5.1%	28.5% -0.038 pp
2023	€108.17M -0.8%	€15.29M -19.7%	14.1% -0.033 pp	€34.96M -28.4%	32.3% -0.12 pp
2022	€109.05M +11.2%	€19.03M -31.8%	17.5% -0.11 pp	€48.82M +3,213.0%	44.8% +0.43 pp
2021	€98.08M +36.4%	€27.91M +146.0%	28.5% +0.13 pp	€1.47M -95.7%	1.5% -0.46 pp
2020	€71.91M -6.3%	€11.35M -45.2%	15.8% -0.11 pp	€34.47M +141.6%	47.9% +0.29 pp
2019	€76.79M +3.7%	€20.69M +140.8%	26.9% +0.15 pp	€14.27M +38.8%	18.6% +0.047 pp
2018	€74.02M +8.1%	€8.59M -12.4%	11.6% -0.027 pp	€10.27M +6.5%	13.9% -0.0021 pp
2017	€68.45M +9.7%	€9.81M -4.1%	14.3% -0.021 pp	€9.65M -36.0%	14.1% -0.10 pp
2016	€62.40M +4.4%	€10.23M +37.3%	16.4% +0.039 pp	€15.07M +23.4%	24.2% +0.037 pp
2015	€59.79M -10.9%	€7.45M -21.6%	12.5% -0.017 pp	€12.21M +21.6%	20.4% +0.055 pp
2014	€67.08M +17.1%	€9.50M +17.9%	14.2% +0.00095 pp	€10.04M -6.9%	15.0% -0.039 pp
2013	€57.28M +12.5%	€8.06M +33.2%	14.1% +0.022 pp	€10.78M +13.4%	18.8% +0.0016 pp
2012	€50.93M +9.4%	€6.05M +6.5%	11.9% -0.0033 pp	€9.51M +13.0%	18.7% +0.0060 pp
2011	€46.54M +11.6%	€5.69M -206.9%	12.2% +0.25 pp	€8.41M +6.5%	18.1% -0.0085 pp
2010	€41.72M +11.8%	-€5.32M -218.2%	-12.7% -0.25 pp	€7.89M -78.2%	18.9% -0.78 pp
2009	€37.31M +5.7%	€4.50M -7.8%	12.1% -0.018 pp	€36.27M +567.7%	97.2% +0.82 pp
2008	€35.30M +14.1%	€4.88M +27.9%	13.8% +0.015 pp	€5.43M +47.0%	15.4% +0.034 pp
2007	€30.93M +25.2%	€3.81M +48.2%	12.3% +0.019 pp	€3.69M +4.3%	11.9% -0.024 pp
2006	€24.69M +16.8%	€2.57M +52.8%	10.4% +0.025 pp	€3.54M +39.7%	14.3% +0.023 pp
2005	€21.14M -5.5%	€1.69M -35.0%	8.0% -0.036 pp	€2.54M -15.5%	12.0% -0.014 pp
2004	€22.37M	€2.59M	11.6%	€3.00M	13.4%