Balance Sheet Dexelance S.p.A.

Equities

DEX

IT0005543480

Home Furnishings

Market Closed - Borsa Italiana Other stock markets 11:45:00 2026-03-06 am EST			5-day change	1st Jan Change
2.880 ^EUR	+2.49%		-6.49%	-31.75%

Feb. 26	Mixed European Markets as U.S. Tariff War Looms	AN
Feb. 25	Mib Surpasses 47,100; Buying Spree on Mediobanca and MPS	AN

9a0c52a7773f0978a51595b6613b6.vNRI1WrW6n7jLVhIx7JykMeItt2qOgJrrrHZ295KR6w.6rUhujDn2C6VYgkmif843Yjlz4KabHgcmYa3lIw-HvvNsnuWKICEFY1GAQ

Published financial data: DEXELANCE S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	110M	144M	199M	287M	324M
Other Revenues, Total	857K	1.11M	660K	2.43M	2.41M
Total Revenues	111M	145M	200M	290M	327M
Cost of Goods Sold, Total	76.62M	101M	138M	192M	223M
Gross Profit	34.43M	44.52M	62.22M	97.3M	104M
Selling General & Admin Expenses, Total	19.62M	23.66M	30.37M	44.12M	53.47M
Depreciation & Amortization - (IS)	8.09M	-	9.3M	17M	22.54M
Amortization of Goodwill and Intangible Assets - (IS)	-	8.06M	-	-	-
Other Operating Expenses	174K	-942K	-294K	-146K	1.3M
Other Operating Expenses, Total	27.88M	30.78M	39.38M	60.97M	77.31M
Operating Income	6.54M	13.74M	22.84M	36.33M	26.63M
Interest Expense, Total	-2.44M	-4.15M	-2.7M	-11.38M	-11.32M
Interest And Investment Income	3K	7K	4K	522K	1.42M
Net Interest Expenses	-2.44M	-4.15M	-2.7M	-10.86M	-9.89M
Other Non Operating Income (Expenses)	1.16M	5.18M	-18.41M	13.92M	8.66M
EBT, Excl. Unusual Items	5.27M	14.77M	1.74M	39.39M	25.4M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Insurance Settlements	-	-	-	-	431K
Other Unusual Items	-	-	-611K	-2.04M	-267K
EBT, Incl. Unusual Items	5.27M	14.77M	1.13M	37.35M	25.56M
Income Tax Expense	-3.55M	3.37M	7.06M	9.22M	7.66M
Earnings From Continuing Operations	8.82M	11.4M	-5.93M	28.13M	17.9M
Net Income to Company	8.82M	11.4M	-5.93M	28.13M	17.9M
Minority Interest	-	-	-	-123K	-
Net Income - (IS)	8.82M	11.4M	-5.93M	28.01M	17.9M
Net Income to Common Incl Extra Items	8.82M	11.4M	-5.93M	28.01M	17.9M
Net Income to Common Excl. Extra Items	8.82M	11.4M	-5.93M	28.01M	17.9M
Per Share Items
Net EPS - Basic	0.44	0.56	-0.29	1.15	0.67
Basic EPS - Continuing Operations	0.44	0.56	-0.29	1.15	0.67
Basic Weighted Average Shares Outstanding	20.22M	20.22M	20.22M	24.39M	26.82M
Net EPS - Diluted	0.44	0.56	-0.29	1.15	0.67
Diluted EPS - Continuing Operations	0.44	0.56	-0.29	1.15	0.67
Diluted Weighted Average Shares Outstanding	20.22M	20.22M	20.22M	24.39M	26.82M
Normalized Basic EPS	0.16	0.46	0.05	1	0.59
Normalized Diluted EPS	0.16	0.46	0.05	1	0.59
Payout Ratio	-	-	-	2.5	-
Supplemental Items
EBITDA	12.44M	19.39M	29.34M	48.36M	41.84M
EBITA	11.39M	18.25M	27.74M	43.38M	35.48M
EBIT	6.54M	13.74M	22.84M	36.33M	26.63M
EBITDAR	-	-	30.09M	-	-
Total Revenues (As Reported)	112M	148M	202M	292M	329M
Effective Tax Rate - (Ratio)	-67.48	22.81	624.03	24.68	29.96
Total Current Taxes	3.52M	4.85M	8.1M	10.17M	9.9M
Total Deferred Taxes	-7.07M	-1.48M	-1.1M	-1.24M	-1.78M
Normalized Net Income	3.29M	9.23M	1.09M	24.5M	15.87M
Interest on Long-Term Debt	1.38M	1.75M	1.58M	5.67M	6.3M
Non-Cash Pension Expense	603K	630K	698K	963K	1.05M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	300K	-	-	-	-
Net Rental Expense, Total	-	-	747K	-	-
Imputed Operating Lease Interest Expense	-	-	161K	-	-
Imputed Operating Lease Depreciation	-	-	586K	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	42.02M	33.33M	42.98M	41.46M	33.68M
Short Term Investments	-	-	-	-	34M
Total Cash And Short Term Investments	42.02M	33.33M	42.98M	41.46M	67.68M
Accounts Receivable, Total	15.77M	20.66M	23.84M	43.74M	50.06M
Other Receivables	1.32M	298K	4.52M	9.52M	7.48M
Total Receivables	17.09M	20.96M	28.36M	53.26M	57.55M
Inventory	13.87M	14.96M	22.56M	36.87M	37.1M
Other Current Assets, Total	1.67M	3M	997K	30.16M	1.95M
Total Current Assets	74.65M	72.24M	94.89M	162M	164M
Gross Property Plant And Equipment	34.53M	40.77M	65.97M	121M	134M
Accumulated Depreciation	-11.98M	-18.98M	-27.33M	-59.21M	-71.71M
Net Property Plant And Equipment	22.55M	21.79M	38.64M	61.54M	62.65M
Long-term Investments	423K	1.23M	883K	6K	6K
Goodwill	57.12M	57.12M	71.68M	135M	135M
Other Intangibles, Total	58.27M	53.66M	62.2M	109M	101M
Deferred Tax Assets Long-Term	2.17M	-	2.62M	3.65M	4.12M
Other Long-Term Assets, Total	1.89M	4.39M	3.44M	4.89M	4.58M
Total Assets	217M	210M	274M	475M	471M
Liabilities
Accounts Payable, Total	21.51M	28.43M	37.37M	51.27M	53.61M
Accrued Expenses, Total	4.06M	5.92M	7.36M	11.21M	11.87M
Short-term Borrowings	-	-	2M	1.38M	7.35M
Current Portion of Long-Term Debt	11.36M	25.62M	48.51M	26.6M	30.79M
Current Portion of Leases	1.98M	2.01M	3.15M	5.67M	6.51M
Current Income Taxes Payable	1.26M	2.11M	2.22M	1.26M	1.04M
Unearned Revenue Current, Total	-	11.14M	10.22M	14.43M	16.56M
Other Current Liabilities	19.93M	7.51M	10.5M	13.39M	13.74M
Total Current Liabilities	60.11M	82.75M	121M	125M	141M
Long-Term Debt	47.72M	31.88M	52.04M	129M	91.86M
Long-Term Leases	15.1M	14.15M	21.39M	28.03M	29.43M
Pension & Other Post Retirement Benefits	-	-	5.12M	7.03M	7.36M
Deferred Tax Liability Non Current	10.33M	9.34M	12.22M	25.71M	23.89M
Other Non Current Liabilities	31.1M	8.22M	3.5M	5.76M	6.66M
Total Liabilities	164M	146M	216M	321M	301M
Common Stock, Total	20.22M	20.22M	20.22M	26.93M	26.93M
Additional Paid In Capital	3.56M	3.56M	3.56M	66.97M	66.97M
Retained Earnings	29.29M	40.46M	35.18M	61.53M	79.43M
Comprehensive Income and Other	-358K	-145K	-184K	-1.05M	-2.88M
Total Common Equity	52.71M	64.1M	58.78M	154M	170M
Total Equity	52.71M	64.1M	58.78M	154M	170M
Total Liabilities And Equity	217M	210M	274M	475M	471M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.22M	20.22M	20.22M	26.92M	26.72M
ECS Total Common Shares Outstanding	20.22M	20.22M	20.22M	26.92M	26.72M
Book Value / Share	2.61	3.17	2.91	5.73	6.38
Tangible Book Value	-62.68M	-46.68M	-75.1M	-89.26M	-65.03M
Tangible Book Value Per Share	-3.1	-2.31	-3.71	-3.32	-2.43
Total Debt	76.16M	73.66M	127M	191M	166M
Net Debt	34.14M	40.33M	84.1M	150M	98.26M
Debt Equivalent Oper. Leases	-	-	5.98M	-	-
Equity Method Investments, Total	417K	1.23M	877K	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	5.09M	11.2M	16.82M	16.06M
Inventories - Work In Process, Total	-	2.77M	3.83M	7.52M	7.13M
Inventories - Finished Goods, Total	-	7.84M	7.93M	15.14M	13.89M
Inventories - Others	14.81M	431K	1.41M	2.56M	4.96M
Land - (BS)	1.42M	1.46M	11.08M	12.74M	11.91M
Machinery, Total	7.85M	9.19M	12.26M	42.2M	44.91M
Full Time Employees	397	410	555	807	785
Part Time Employees	-	-	-	-	40
Accumulated Allowance for Doubtful Accounts (Supple)	1.66M	1.69M	1.41M	1.4M	1.39M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	8.82M	11.4M	-5.93M	28.01M	17.9M
Depreciation & Amortization - CF	3.24M	3.55M	4.4M	9.95M	13.69M
Amortization of Goodwill and Intangible Assets - (CF)	4.84M	4.51M	4.9M	7.05M	8.85M
Depreciation & Amortization, Total	8.09M	8.06M	9.3M	17M	22.54M
(Gain) Loss From Sale Of Asset	-	-	-	54K	-174K
Asset Writedown & Restructuring Costs	-	-	-	-206K	43K
Other Operating Activities, Total	-5.92M	150K	19.39M	-8.35M	-203K
Change In Accounts Receivable	8.63M	-806K	-2.88M	-8.34M	-6.28M
Change In Inventories	382K	-2.19M	-2.76M	-2.74M	-229K
Change In Accounts Payable	-4.34M	6.92M	5.2M	-1.7M	2.34M
Change in Unearned Revenues	-	6.42M	549K	-3.22M	2.13M
Change in Other Net Operating Assets	4.69M	-1.55M	2.87M	-693K	1.1M
Cash from Operations	20.34M	28.4M	25.74M	19.81M	39.16M
Capital Expenditure	-783K	-1.71M	-1.98M	-6.77M	-5.8M
Cash Acquisitions	-5.23M	-9.93M	-13.98M	-42.36M	-
Sale (Purchase) of Intangible assets	-2.5M	-968K	-505K	-348K	-700K
Investment in Marketable and Equity Securities, Total	-	-800K	-901K	-22.64M	-5.76M
Other Investing Activities, Total	-	-1K	-451K	-38.13M	-9.16M
Cash from Investing	-8.51M	-13.41M	-17.82M	-110M	-21.43M
Short Term Debt Issued, Total	24.47K	-	385K	-	-
Long-Term Debt Issued, Total	17.11M	-	15.42M	52.35M	14.16M
Total Debt Issued	17.13M	-	15.81M	52.35M	14.16M
Short Term Debt Repaid, Total	-	-2.21M	-	-1.77M	-284K
Long-Term Debt Repaid, Total	-10.42M	-24.15M	-14.08M	-28.68M	-37.51M
Total Debt Repaid	-10.42M	-26.36M	-14.08M	-30.45M	-37.79M
Issuance of Common Stock	-	-	-	70.12M	-
Repurchase of Common Stock	-	-	-	-47K	-1.88M
Common Dividends Paid	-	-	-	-700K	-
Common & Preferred Stock Dividends Paid	-	-	-	-700K	-
Other Financing Activities, Total	-	2.67M	-	-2.36M	-1K
Cash from Financing	6.71M	-23.69M	1.73M	88.91M	-25.51M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1K
Net Change in Cash	18.55M	-8.69M	9.65M	-1.52M	-7.78M
Supplemental Items
Cash Income Tax Paid (Refund)	2.5M	2.66M	10.06M	12.47M	6.92M
Levered Free Cash Flow	21.16M	23.24M	18.96M	-19M	54.55M
Unlevered Free Cash Flow	22.69M	25.84M	20.65M	-11.89M	61.62M
Change In Net Working Capital	-13.79M	-11.87M	447K	44.48M	-28.94M
Net Debt Issued / Repaid	6.71M	-26.36M	1.73M	21.9M	-23.63M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.93	4.02	5.91	6.06	3.52
Return on Total Capital	3.38	5.73	8.82	8.55	4.88
Return On Equity %	18.27	19.52	-9.66	26.39	11.02
Return on Common Equity	18.27	19.52	-9.66	26.28	11.02
Margin Analysis
Gross Profit Margin %	31	30.64	31.09	33.58	31.8
SG&A Margin	17.67	16.29	15.17	15.23	16.36
EBITDA Margin %	11.2	13.35	14.66	16.69	12.8
EBITA Margin %	10.25	12.56	13.86	14.97	10.86
EBIT Margin %	5.89	9.46	11.41	12.54	8.15
Income From Continuing Operations Margin %	7.94	7.85	-2.96	9.71	5.48
Net Income Margin %	7.94	7.85	-2.96	9.66	5.48
Net Avail. For Common Margin %	7.94	7.85	-2.96	9.66	5.48
Normalized Net Income Margin	2.96	6.35	0.54	8.45	4.86
Levered Free Cash Flow Margin	19.06	16	9.47	-6.56	16.69
Unlevered Free Cash Flow Margin	20.43	17.79	10.32	-4.1	18.86
Asset Turnover
Asset Turnover	0.52	0.68	0.83	0.77	0.69
Fixed Assets Turnover	4.94	6.55	6.62	5.78	5.26
Receivables Turnover (Average Receivables)	5.64	7.68	9.27	8.5	6.92
Inventory Turnover (Average Inventory)	5.63	7.27	7.35	6.48	6.03
Short Term Liquidity
Current Ratio	1.24	0.87	0.78	1.29	1.16
Quick Ratio	0.98	0.66	0.59	0.76	0.89
Operating Cash Flow to Current Liabilities	0.34	0.34	0.21	0.16	0.28
Days Sales Outstanding (Average Receivables)	64.94	47.51	39.36	42.92	52.92
Days Outstanding Inventory (Average Inventory)	65.06	50.22	49.65	56.35	60.73
Average Days Payable Outstanding	111.13	88.54	82.52	78.23	86.03
Cash Conversion Cycle (Average Days)	18.87	9.18	6.49	21.04	27.62
Long Term Solvency
Total Debt/Equity	144.48	114.92	216.2	123.74	97.35
Total Debt / Total Capital	59.1	53.47	68.37	55.3	49.33
LT Debt/Equity	119.17	71.81	124.91	101.94	71.16
Long-Term Debt / Total Capital	48.74	33.41	39.5	45.56	36.06
Total Liabilities / Total Assets	75.72	69.54	78.58	67.53	63.82
EBIT / Interest Expense	2.68	3.31	8.46	3.19	2.35
EBITDA / Interest Expense	6	5.25	11.91	4.69	4.34
(EBITDA - Capex) / Interest Expense	5.68	4.84	11.18	4.09	3.83
Total Debt / EBITDA	5.21	3.38	3.95	3.58	3.38
Net Debt / EBITDA	2.33	1.85	2.62	2.8	2
Total Debt / (EBITDA - Capex)	5.5	3.67	4.21	4.1	3.83
Net Debt / (EBITDA - Capex)	2.47	2.01	2.79	3.21	2.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-16.77	31.16	37.76	44.79	12.8
Gross Profit, 1 Yr. Growth %	-16.01	30.38	27.72	57.94	6.9
EBITDA, 1 Yr. Growth %	-41.93	55.94	24.41	70.07	-13.33
EBITA, 1 Yr. Growth %	-20.22	60.27	23.61	61.68	-18.07
EBIT, 1 Yr. Growth %	-54.15	110.02	27.35	65.64	-26.55
Earnings From Cont. Operations, 1 Yr. Growth %	19.58	29.29	-152.03	-574.21	-36.35
Net Income, 1 Yr. Growth %	19.58	29.29	-152.03	-572.13	-36.07
Normalized Net Income, 1 Yr. Growth %	-51.81	180.52	-90.81	3.36K	-35.07
Diluted EPS Before Extra, 1 Yr. Growth %	-	29.29	-152.4	-491.32	-41.86
Accounts Receivable, 1 Yr. Growth %	-32.39	22.45	24.21	83.5	14.46
Inventory, 1 Yr. Growth %	3.7	17.15	50.82	63.41	0.62
Net Property, Plant and Equip., 1 Yr. Growth %	0.43	-3.38	77.37	59.25	1.8
Total Assets, 1 Yr. Growth %	5.23	-3.06	31.3	73.29	-0.91
Tangible Book Value, 1 Yr. Growth %	-11.85	-25.53	60.89	18.85	-27.14
Common Equity, 1 Yr. Growth %	20.21	21.6	-8.29	162.64	10.41
Cash From Operations, 1 Yr. Growth %	189.08	39.63	-9.4	-23.02	97.69
Capital Expenditures, 1 Yr. Growth %	-44.55	118.52	15.6	242.21	-14.26
Levered Free Cash Flow, 1 Yr. Growth %	-	104.87	-26.68	-203.3	-386.34
Unlevered Free Cash Flow, 1 Yr. Growth %	-	100.78	-27.44	-159.21	-616.16
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	4.35	34.42	41.23	27.78
Gross Profit, 2 Yr. CAGR %	-	4.22	34.98	41.33	29.88
EBITDA, 2 Yr. CAGR %	-	-4.84	53.61	43.18	21.31
EBITA, 2 Yr. CAGR %	-	13.08	56.09	39.03	14.99
EBIT, 2 Yr. CAGR %	-	-1.87	86.84	42.31	10.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-	24.34	-17.99	57.07	73.73
Net Income, 2 Yr. CAGR %	-	24.34	-17.99	56.73	73.73
Normalized Net Income, 2 Yr. CAGR %	-	16.28	-42.47	43.76	373.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-17.99	43.19	50.84
Accounts Receivable, 2 Yr. CAGR %	-	-5.9	18.86	50.97	44.93
Inventory, 2 Yr. CAGR %	-	5.77	32.92	56.99	28.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-1.49	30.92	68.06	27.33
Total Assets, 2 Yr. CAGR %	-	1	12.43	50.84	31.04
Tangible Book Value, 2 Yr. CAGR %	-	-18.97	9.46	38.28	-6.94
Common Equity, 2 Yr. CAGR %	-	20.9	5.6	55.2	70.29
Cash From Operations, 2 Yr. CAGR %	-	100.91	12.47	-16.49	23.36
Capital Expenditures, 2 Yr. CAGR %	-	10.08	58.94	98.9	71.3
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	29.28	-14.29	72.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	26.67	-35.37	75.18
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	14.47	37.79	31.03
Gross Profit, 3 Yr. CAGR %	-	-	14.93	41.77	28.74
EBITDA, 3 Yr. CAGR %	-	-	11.07	57.25	21.05
EBITA, 3 Yr. CAGR %	-	-	24.8	56.18	16.49
EBIT, 3 Yr. CAGR %	-	-	16.97	77.07	14.07
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-7	47.2	16.23
Net Income, 3 Yr. CAGR %	-	-	-7	46.99	16.23
Normalized Net Income, 3 Yr. CAGR %	-	-	-45.77	95.25	10.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	38.07	6.03
Accounts Receivable, 3 Yr. CAGR %	-	-	0.72	37.38	37.66
Inventory, 3 Yr. CAGR %	-	-	19.05	42.39	35.36
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	19.84	39.75	42.2
Total Assets, 3 Yr. CAGR %	-	-	9.98	29.87	31.13
Tangible Book Value, 3 Yr. CAGR %	-	-	1.84	12.51	11.69
Common Equity, 3 Yr. CAGR %	-	-	10.26	43.07	38.55
Cash From Operations, 3 Yr. CAGR %	-	-	54.07	-0.88	11.3
Capital Expenditures, 3 Yr. CAGR %	-	-	11.89	105.24	50.25
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	18.75	28.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-2.61	29.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	19.62
Gross Profit, 5 Yr. CAGR %	-	-	-	-	20.45
EBITDA, 5 Yr. CAGR %	-	-	-	-	14.33
EBITA, 5 Yr. CAGR %	-	-	-	-	19.97
EBIT, 5 Yr. CAGR %	-	-	-	-	13.28
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	19.41
Net Income, 5 Yr. CAGR %	-	-	-	-	19.41
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	18.38
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	16.5
Inventory, 5 Yr. CAGR %	-	-	-	-	22.64
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	22.78
Total Assets, 5 Yr. CAGR %	-	-	-	-	17.96
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-1.77
Common Equity, 5 Yr. CAGR %	-	-	-	-	31.2
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	40.96
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	32.67