Financials Garofalo Health Care S.p.A.

Equities

Real-time Borsa Italiana Other stock markets 08:57:42 2025-06-12 am EDT			5-day change	1st Jan Change
5.120 ^EUR	+0.39%		-4.66%	-6.23%

02:42am	Futures Slide; Mib Drops Over 200 Points	AN
Jun. 11	Mib down slightly; Azimut takes the lead	AN

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	210.8	283.7	322.6	368.7	470.7	481	489	498
Change	-	34.54%	13.71%	14.3%	27.67%	2.19%	1.66%	1.84%
EBITDA ¹	34	53.1	58.6	67.1	78.5	82.6	86.7	89
Change	-	56.18%	10.36%	14.51%	16.99%	5.22%	4.96%	2.65%
EBIT ¹	15.49	28.23	31.66	39.23	44.13	50.4	53.3	54.8
Change	-	82.26%	12.16%	23.89%	12.48%	14.22%	5.75%	2.81%
Interest Paid ¹	-2.758	-4.512	-4.551	-	-14.76	-13.4	-13.2	-13
Earnings before Tax (EBT) ¹	13.02	23.99	27.37	28.93	30.69	37	40.1	41.8
Change	-	84.21%	14.1%	5.7%	6.07%	20.58%	8.38%	4.24%
Net income ¹	11.78	18.83	21.43	20.8	21.7	26.6	28.9	30.1
Change	-	59.87%	13.76%	-2.93%	4.34%	22.57%	8.65%	4.15%
Announcement Date	3/16/21	3/16/22	3/16/23	3/14/24	3/14/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q2	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	2025 Q1
Net sales ¹	39.4	64.75	60.38	73.09	64.38	-	80.41	85.88	70.28	86	92.28	94.38	76.47	105.6	126.1	125.4	128.6
Change	-	64.33%	-6.74%	21.06%	-11.92%	-	-	6.81%	-18.16%	22.36%	7.3%	2.27%	-18.98%	38.06%	19.48%	-0.6%	2.54%
EBITDA ¹	0.99	12.94	10.6	14.15	7.72	-	14.33	16.84	11.15	16.28	18.76	19.49	12.72	16.09	25.07	22.98	23.79
Change	-	1,206.67%	-18.06%	33.46%	-45.43%	-	-	17.56%	-33.78%	45.96%	15.25%	3.86%	-34.72%	26.48%	55.81%	-8.36%	3.56%
EBIT ¹	-	-	6.345	-	2.2	-	7.845	11.86	5.553	6.717	13.96	12.04	6.129	7.092	17.6	15.81	17.67
Change	-	-	-	-	-	-	-	51.24%	-53.2%	20.96%	107.91%	-13.75%	-49.12%	15.71%	148.18%	-10.15%	11.73%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	-	-	-	5.485	-	5.773	-	-	-	-	-	-	-	-	10.06	-	10.08
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	9/23/20	3/16/21	5/14/21	9/13/21	11/14/22	3/16/22	5/13/22	9/12/22	11/14/22	3/16/23	5/15/23	9/12/23	11/14/23	3/14/24	5/15/24	9/12/24	5/16/25

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1
Net sales ¹	133.5	166.3	186.7	251.5
Change	-	24.59%	12.25%	34.74%
EBITDA ¹	24.74	31.17	38.25	48.05
Change	-	25.96%	22.71%	25.62%
EBIT ¹	-	19.71	26.01	33.42
Change	-	-	31.96%	28.47%
Charge d'intérêts	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-
Change	-	-	-	-
Net income	9.769	-	-	-
Change	-	-	-	-
Announcement Date	9/13/21	9/12/22	9/12/23	9/12/24

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	97.7	142	145	206	205	192	176	143
Change	-	45.34%	2.11%	42.07%	-0.49%	-6.12%	-8.33%	-18.75%
Announcement Date	3/16/21	3/16/22	3/16/23	3/14/24	3/14/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2024	2025	2026	2027
CAPEX ¹	-	24.67	14.97	21.59	36	35	19.9
Change	-	-	-39.32%	-	66.71%	-2.78%	-43.14%
Free Cash Flow (FCF) ¹	4.315	11.65	28.9	13.4	31.7	39.1	41.6
Change	-	169.9%	148.16%	-	136.57%	23.34%	6.39%
Announcement Date	3/16/21	3/16/22	3/16/23	3/14/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	16.13%	18.72%	18.17%	18.2%	16.68%	17.17%	17.73%	17.87%
EBIT Margin (%)	-	7.35%	9.95%	9.82%	10.64%	9.37%	10.48%	10.9%	11%
EBT Margin (%)	-	6.18%	8.46%	8.49%	7.85%	6.52%	7.69%	8.2%	8.39%
Net margin (%)	-	5.59%	6.64%	6.64%	5.64%	4.61%	5.53%	5.91%	6.04%
FCF margin (%)	-	2.05%	4.11%	8.96%	-	2.85%	6.59%	8%	8.35%
FCF / Net Income (%)	-	36.63%	61.83%	134.89%	-	61.75%	119.17%	135.29%	138.21%
Profitability
ROA	3.88%	2.89%	3.89%	3.92%	3.8%	3.77%	-	-	-
ROE	6.96%	5.96%	8.12%	7.94%	7.2%	6.89%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	2.87x	2.68x	2.47x	3.07x	2.61x	2.32x	2.03x	1.61x
Debt / Free cash flow	-	22.64x	12.23x	5.02x	-	15.26x	6.06x	4.5x	3.44x
Capital Intensity
CAPEX / Current Assets (%)	-	-	8.7%	4.64%	-	4.59%	7.48%	7.16%	4%
CAPEX / EBITDA (%)	-	-	46.46%	25.54%	-	27.51%	43.58%	40.37%	22.36%
CAPEX / FCF (%)	-	-	211.82%	51.79%	-	161.15%	113.56%	89.51%	47.84%
Items per share
Cash flow per share ¹	-	-	0.407	0.4934	-	-	-	-	-
Change	-	-	-	21.26%	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	0.09	0.097	0.102
Change	-	-	-	-	-	-	-	7.78%	5.15%
Book Value Per Share ¹	-	2.262	2.919	3.139	3.375	-	3.8	4	4.3
Change	-	-	29.03%	7.55%	7.53%	-	-	5.26%	7.5%
EPS ¹	-	0.14	0.21	0.24	0.18	0.24	0.3	0.325	0.339
Change	-	-	50%	14.29%	-25%	33.33%	25%	8.33%	4.31%
Nbr of stocks (in thousands)	-	81,773	89,298	88,966	88,578	88,563	88,466	88,466	88,466
Announcement Date	-	3/16/21	3/16/22	3/16/23	3/14/24	3/14/25	-	-	-