Financials Anima Holding SpA

Equities

ANIM

IT0004998065

Investment Management & Fund Operators

Market Closed - Borsa Italiana Other stock markets 12:45:00 2026-03-11 pm EDT			5-day change	1st Jan Change
6.605 ^EUR	0.00%		-3.79%	+8.81%

Mar. 10	Italian asset gatherers' managed inflows drop 46% y/y in February	RE
Mar. 10	European markets set for green opening following Trump remarks	AN

Projected Income Statement: Anima Holding SpA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	380.2	475.2	343	368	529.9	515.7	496	507
Change	-	25%	-27.81%	7.28%	43.99%	-2.69%	-3.82%	2.22%
EBITDA ¹	299.1	388.6	255.3	266	390	360.1	331.7	335
Change	-	29.93%	-34.29%	4.19%	46.6%	-7.67%	-7.88%	1.01%
EBIT ¹	240.2	328.7	196.1	214.5	309.7	338.4	291.6	288.3
Change	-	36.84%	-40.36%	9.38%	44.4%	9.28%	-13.83%	-1.14%
Interest Paid	-10.03	-13.53	-11.09	-	-	-	-	-
Earnings before Tax (EBT) ¹	230.2	315.2	185	219.8	321.8	381.9	325.5	328.2
Change	-	36.93%	-41.32%	18.85%	46.39%	18.68%	-14.76%	0.82%
Net income ¹	155.4	238.7	120.8	148.9	227.9	266.7	227.5	228.8
Change	-	53.6%	-49.38%	23.24%	53.09%	17.01%	-14.69%	0.54%
Announcement Date	3/1/21	3/1/22	2/6/23	2/6/24	3/10/25	2/4/26	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	112.8	124	108.5	106.2	136.5	88.57	86.2	82.2	86.08	80.92	81.46	86.4	119.3	121.9	117.6	127.7	162.9	134.6	113.4	-	147.4	-	-	-	-
Change	-	9.88%	-12.49%	-2.08%	28.5%	-35.12%	-2.67%	-4.64%	4.73%	-6%	0.67%	6.06%	38.03%	2.18%	-3.53%	8.62%	27.56%	-17.35%	-15.74%	-	-5.49%	-	-	-	-
EBITDA ¹	92.05	101.4	86.78	84.72	115.7	67.71	64.7	60.98	61.94	58.58	57.94	-	87.67	93	83.18	89.92	123.9	94.34	74.95	83.14	108.4	-	-	-	-
Change	-	10.19%	-14.44%	-2.38%	36.52%	-41.46%	-4.45%	-5.75%	1.58%	-5.44%	-1.08%	-	-	6.08%	-10.55%	8.1%	37.82%	-23.87%	-20.55%	10.92%	30.35%	-	-	-	-
EBIT ¹	78.03	89.17	72.94	71.64	94.96	53.12	46.42	44.93	51.58	46.06	45.02	47.83	75.55	78.98	76.17	74.86	79.63	109.2	61.08	-	99.4	-	-	-	-
Change	-	14.28%	-18.2%	-1.78%	32.55%	-44.06%	-12.6%	-3.21%	14.79%	-10.71%	-2.25%	6.24%	57.97%	4.53%	-3.56%	-1.72%	6.38%	37.11%	-44.05%	-	-13.28%	-	-	-	-
Charge d'intérêts	-2.398	-2.47	-3.736	-3.519	-3.851	-3.32	-3.32	-3.217	-1.235	-	4.244	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	75.63	86.75	69.21	68.12	91.11	49.8	43.1	41.72	50.35	45.21	49.26	48.63	76.72	80.97	81.93	77.1	81.83	109.9	104.6	-	99.22	-	-	-	-
Change	-	14.7%	-20.22%	-1.56%	33.74%	-45.34%	-13.44%	-3.22%	20.68%	-10.2%	8.96%	-1.28%	57.75%	5.54%	1.19%	-5.9%	6.14%	34.31%	-4.8%	-	-13.53%	-	-	-	-
Net income ¹	52.11	57.66	72.18	46.45	62.36	30.3	29.15	27.13	34.22	30.21	33.01	33.16	52.49	52.89	65.69	53.42	55.68	71.84	82.1	45.61	63.16	43.89	86.92	45.32	52.57
Change	-	10.65%	25.17%	-35.64%	34.25%	-51.41%	-3.81%	-6.91%	26.13%	-11.71%	9.26%	0.46%	58.27%	0.76%	24.21%	-18.69%	4.23%	29.02%	14.28%	-44.45%	0%	-30.51%	98.02%	-47.86%	16%
Announcement Date	3/1/21	5/6/21	7/30/21	11/3/21	3/1/22	5/4/22	7/29/22	11/7/22	2/6/23	5/5/23	8/2/23	11/3/23	2/6/24	5/6/24	7/31/24	11/6/24	3/10/25	5/6/25	8/4/25	11/6/25	2/4/26	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1	2025 S1
Net sales ¹	232.5	174.8	162.4	239.4	248.1
Change	-	-24.82%	-7.09%	47.44%	3.62%
EBITDA ¹	188.2	132.4	116.5	-	169.3
Change	-	-29.64%	-12%	-	-
EBIT ¹	162.1	99.54	91.08	155.1	170.3
Change	-	-38.6%	-8.51%	70.35%	9.75%
Charge d'intérêts	-6.161	-	-	-	-
Earnings before Tax (EBT) ¹	156	92.9	94.48	162.9	214.5
Change	-	-40.43%	1.69%	72.43%	31.69%
Net income ¹	129.8	59.45	63.22	118.6	153.9
Change	-	-54.22%	6.36%	87.56%	29.81%
Announcement Date	7/30/21	7/29/22	8/2/23	7/31/24	8/4/25

¹EUR in Million

Estimates

Forecast Balance Sheet: Anima Holding SpA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	151	-25.2	-2.96	319	-	-12.8	-592	493
Change	-	-116.69%	88.25%	10,877.03%	-	-	-4,525%	183.28%
Announcement Date	3/1/21	3/1/22	2/6/23	2/6/24	3/10/25	2/4/26	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Anima Holding SpA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	3.707	2.425	4.046	2.24	2.569	1.918	1.918	1.918
Change	-	-34.58%	66.85%	-44.64%	14.69%	-25.34%	0%	0%
Free Cash Flow (FCF) ¹	224.3	410.6	79.75	180.7	-	-	-	-
Change	-	83.09%	-80.58%	126.54%	-	-	-	-
Announcement Date	3/1/21	3/1/22	2/6/23	2/6/24	3/10/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Anima Holding SpA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	78.67%	81.77%	74.43%	72.29%	73.59%	69.83%	66.88%	66.09%
EBIT Margin (%)	63.19%	69.17%	57.15%	58.27%	58.44%	65.62%	58.79%	56.86%
EBT Margin (%)	60.55%	66.33%	53.92%	59.73%	60.72%	74.05%	65.63%	64.74%
Net margin (%)	40.87%	50.22%	35.21%	40.45%	43.01%	51.72%	45.87%	45.12%
FCF margin (%)	58.99%	86.41%	23.25%	49.09%	-	-	-	-
FCF / Net Income (%)	144.34%	172.05%	66.02%	121.35%	-	-	-	-
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	12.1%	17.3%	8.5%	10.57%	14.85%	16.79%	13%	13.75%
Financial Health
Leverage (Debt/EBITDA)	0.5x	-	-	1.2x	-	-	-	1.47x
Debt / Free cash flow	0.67x	-	-	1.76x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.98%	0.51%	1.18%	0.61%	0.48%	0.38%	0.39%	0.38%
CAPEX / EBITDA (%)	1.24%	0.62%	1.58%	0.84%	0.66%	0.54%	0.58%	0.57%
CAPEX / FCF (%)	1.65%	0.59%	5.07%	1.24%	-	-	-	-
Items per share
Cash flow per share ¹	-	1.126	0.2386	-0.3787	-	-	-	-
Change	-	-	-78.82%	-258.72%	-	-	-	-
Dividend per Share ¹	0.22	0.28	0.22	0.25	0.45	0.4708	0.4727	0.4666
Change	-	27.27%	-21.43%	13.64%	80%	4.62%	0.41%	-1.28%
Book Value Per Share ¹	3.45	4.138	3.962	4.507	5.306	5.381	5.722	5.945
Change	-	19.93%	-4.24%	13.74%	17.74%	1.4%	6.34%	3.89%
EPS ¹	0.43	0.651	0.344	0.448	0.696	0.7986	0.6963	0.7043
Change	-	51.4%	-47.16%	30.23%	55.36%	14.74%	-12.8%	1.14%
Nbr of stocks (in thousands)	357,488	355,030	327,042	316,382	309,874	325,216	325,216	325,216
Announcement Date	3/1/21	3/1/22	2/6/23	2/6/24	3/10/25	-	-	-