Income Statement Global Blue Group Holding AG

Equities

GB

CH0562152865

Business Support Services

Market Closed - Nyse Other stock markets 04:00:02 2025-01-16 pm EST			5-day change	1st Jan Change
7.650 ^USD	+0.39%		-1.92%	+10.39%

Dec. 09	Global Blue Group Holding Reprices Term Loan	MT
Nov. 25	Deutsche Bank Adjusts Global Blue Group Price Target to $7 From $6, Maintains Buy Rating	MT

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Published financial data: GLOBAL BLUE GROUP HOLDING AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	420M	44.7M	126M	311M	422M
Total Revenues	420M	44.7M	126M	311M	422M
Cost of Goods Sold, Total	114M	-	92.2M	102M	116M
Gross Profit	306M	44.7M	33.74M	209M	306M
Selling General & Admin Expenses, Total	136M	25.29M	51.88M	127M	148M
Depreciation & Amortization - (IS)	114M	116M	87.9M	51.03M	43.78M
Other Operating Expenses	-1.8M	59.63M	-8.21M	3.09M	12.9M
Other Operating Expenses, Total	248M	201M	132M	182M	205M
Operating Income	57.98M	-157M	-97.82M	27.79M	102M
Interest Expense, Total	-27.03M	-22.57M	-22.81M	-31.48M	-53.84M
Interest And Investment Income	552K	345K	247K	1.6M	4.03M
Net Interest Expenses	-26.48M	-22.22M	-22.56M	-29.88M	-49.82M
Currency Exchange Gains (Loss)	-1.07M	-1.66M	-112K	-6.04M	614K
Other Non Operating Income (Expenses)	-4.3M	-82K	-1.94M	-674K	-1.14M
EBT, Excl. Unusual Items	26.13M	-181M	-122M	-8.8M	51.3M
Restructuring Charges	-2.18M	-10.34M	-1.98M	-4.45M	-1.32M
Merger & Related Restructuring Charges	-	-	-	-1.2M	-
Asset Writedown	-1.02M	-1.23M	-448K	-247K	-1.26M
Other Unusual Items	-14.5M	-262M	16.38M	-7.76M	-1.18M
EBT, Incl. Unusual Items	8.43M	-455M	-108M	-22.45M	47.53M
Income Tax Expense	7.9M	-30.98M	-13.8M	1.05M	26.61M
Earnings From Continuing Operations	529K	-424M	-94.69M	-23.5M	20.93M
Net Income to Company	529K	-424M	-94.69M	-23.5M	20.93M
Minority Interest	-5.2M	1.41M	-542K	-2.12M	-6.95M
Net Income - (IS)	-4.67M	-422M	-95.24M	-25.62M	13.98M
Net Income to Common Incl Extra Items	-4.67M	-422M	-95.24M	-25.62M	13.98M
Net Income to Common Excl. Extra Items	-4.67M	-422M	-95.24M	-25.62M	13.98M
Per Share Items
Net EPS - Basic	-0.12	-2.32	-0.48	-0.12	0.06
Basic EPS - Continuing Operations	-0.12	-2.32	-0.48	-0.12	0.06
Basic Weighted Average Shares Outstanding	40M	182M	197M	222M	233M
Net EPS - Diluted	-0.12	-2.32	-0.48	-0.12	0.06
Diluted EPS - Continuing Operations	-0.12	-2.32	-0.48	-0.12	0.06
Diluted Weighted Average Shares Outstanding	40M	182M	197M	222M	234M
Normalized Basic EPS	0.28	-0.61	-0.39	-0.03	0.11
Normalized Diluted EPS	0.28	-0.61	-0.39	-0.03	0.11
Supplemental Items
EBITDA	138M	-75.93M	-43.58M	46.6M	108M
EBITA	133M	-80.7M	-47.34M	43.39M	105M
EBIT	57.98M	-157M	-97.82M	27.79M	102M
EBITDAR	148M	-71.7M	-40.13M	50.61M	110M
Effective Tax Rate - (Ratio)	93.72	6.82	12.72	-4.68	55.98
Total Current Taxes	23.88M	3.19M	2.37M	4.9M	26.32M
Total Deferred Taxes	-15.98M	-34.17M	-16.17M	-3.85M	287K
Normalized Net Income	11.13M	-111M	-77.07M	-7.62M	25.11M
Interest on Long-Term Debt	5.28M	3.81M	2.43M	2.29M	1.17M
Non-Cash Pension Expense	111K	385K	-754K	500K	351K
Supplemental Operating Expense Items
Advertising Expense	9.02M	1.22M	1.21M	3.83M	3.64M
Selling and Marketing Expenses	9.02M	1.22M	1.21M	3.83M	3.64M
General and Administrative Expenses	119M	22.56M	48.15M	105M	123M
Research And Development Expense From Footnotes	3.7M	16.6M	26.6M	25.51M	26.43M
Net Rental Expense, Total	9.75M	4.22M	3.45M	4.02M	1.22M
Imputed Operating Lease Interest Expense	3.13M	1.07M	841K	1.3M	744K
Imputed Operating Lease Depreciation	6.62M	3.15M	2.61M	2.71M	481K
Stock-Based Comp., COGS (Total)	3.57M	1.24M	-	-	-
Stock-Based Comp., Other (Total)	-	-	5.11M	10.42M	4.7M
Total Stock-Based Compensation	3.57M	1.24M	5.11M	10.42M	4.7M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	226M	183M	51.69M	241M	87.46M
Total Cash And Short Term Investments	226M	183M	51.69M	241M	87.46M
Accounts Receivable, Total	142M	31.32M	100M	191M	248M
Other Receivables	26.88M	22.76M	22.38M	25.98M	39.43M
Total Receivables	169M	54.09M	123M	217M	288M
Prepaid Expenses	5.59M	5.05M	4.9M	4.64M	6.42M
Other Current Assets, Total	11.52M	9.34M	6.46M	8.02M	11.86M
Total Current Assets	412M	251M	186M	471M	393M
Gross Property Plant And Equipment	92.12M	99.58M	99.51M	85.34M	80.28M
Accumulated Depreciation	-40.76M	-61.67M	-71.76M	-60.5M	-48.25M
Net Property Plant And Equipment	51.36M	37.9M	27.76M	24.84M	32.03M
Long-term Investments	2.9M	3.5M	6.53M	7.28M	5.14M
Goodwill	408M	476M	486M	510M	512M
Other Intangibles, Total	221M	149M	98.4M	95.25M	98.89M
Deferred Tax Assets Long-Term	12.13M	30.59M	36.5M	34.81M	33.09M
Other Long-Term Assets, Total	15.17M	12.52M	12.71M	14.21M	15.9M
Total Assets	1.12B	961M	853M	1.16B	1.09B
Liabilities
Accounts Payable, Total	237M	147M	166M	209M	282M
Accrued Expenses, Total	53.56M	45.9M	41.38M	61.49M	53.93M
Short-term Borrowings	1.08M	111K	676K	-	-
Current Portion of Long-Term Debt	-	-	-	61.94M	889K
Current Portion of Leases	14M	12.58M	10.54M	6.98M	8.8M
Current Income Taxes Payable	23.24M	22.36M	19.91M	11.35M	19.88M
Other Current Liabilities	19.79M	22.79M	31.26M	41.68M	35.94M
Total Current Liabilities	349M	251M	270M	393M	401M
Long-Term Debt	629M	721M	723M	727M	588M
Long-Term Leases	27.75M	19.12M	11.32M	10.24M	14.77M
Pension & Other Post Retirement Benefits	7.96M	7.56M	4.68M	3.8M	5.18M
Deferred Tax Liability Non Current	34.56M	19.58M	10.1M	7.66M	5.24M
Other Non Current Liabilities	4.24M	12.55M	20.7M	9.8M	5.7M
Total Liabilities	1.05B	1.03B	1.04B	1.15B	1.02B
Common Stock, Total	341K	1.92M	1.91M	2.19M	2.3M
Additional Paid In Capital	392M	1.63B	1.63B	1.85B	1.9B
Retained Earnings	-318M	-743M	-849M	-883M	-869M
Treasury Stock	-	-10.12M	-10.18M	-117K	-111K
Comprehensive Income and Other	-11.88M	-959M	-969M	-971M	-973M
Total Common Equity	61.98M	-76.39M	-192M	373K	61.92M
Minority Interest	8.38M	6.78M	5.73M	5.97M	8.41M
Total Equity	70.36M	-69.61M	-186M	6.34M	70.32M
Total Liabilities And Equity	1.12B	961M	853M	1.16B	1.09B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	40M	203M	197M	229M	239M
ECS Total Common Shares Outstanding	40M	203M	197M	229M	239M
Book Value / Share	1.55	-0.38	-0.97	0	0.26
Tangible Book Value	-567M	-702M	-776M	-605M	-549M
Tangible Book Value Per Share	-14.19	-3.46	-3.93	-2.65	-2.3
Total Debt	672M	753M	745M	806M	612M
Net Debt	446M	570M	693M	566M	525M
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.62M	7.02M	4.19M	3.33M	4.59M
Debt Equivalent Oper. Leases	78.02M	33.78M	27.62M	32.13M	9.8M
Minority Interest, Total (Incl. Fin. Div)	8.38M	6.78M	5.73M	5.97M	8.41M
Equity Method Investments, Total	2.9M	3.5M	2.65M	230K	5.14M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	29.85M	27.6M	28.49M	30.3M	28.55M
Full Time Employees	2.05K	1.31K	1.41K	1.78K	1.94K
Accumulated Allowance for Doubtful Accounts (Supple)	3.79M	4.12M	2.13M	2.06M	4.13M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-4.67M	-422M	-95.24M	-25.62M	13.98M
Depreciation & Amortization - CF	21.65M	19.42M	16.74M	14.03M	14.17M
Amortization of Goodwill and Intangible Assets - (CF)	74.76M	75.84M	50.48M	15.6M	2.99M
Depreciation & Amortization, Total	96.42M	95.27M	67.22M	29.64M	17.16M
Amortization of Deferred Charges, Total - (CF)	17.16M	21.05M	20.68M	21.39M	26.62M
(Gain) Loss From Sale Of Asset	-	696K	261K	925K	645K
(Gain) Loss on Sale of Investments - (CF)	-	-	2.39M	2.47M	-
Asset Writedown & Restructuring Costs	-	212M	444K	247K	1.26M
(Income) Loss On Equity Investments - (CF)	1.84M	1.06M	720K	-	-
Stock-Based Compensation (CF)	2.05M	1.24M	4.47M	9.67M	3.96M
Other Operating Activities, Total	-11.61M	-31.81M	-40.88M	-1.71M	59.81M
Change In Accounts Receivable	104M	111M	-70.78M	-92.9M	-62.7M
Change In Accounts Payable	-25.43M	-89.46M	19.95M	44.88M	65.58M
Change in Other Net Operating Assets	9.24M	-1.73M	3.76M	9.92M	-6.23M
Cash from Operations	189M	-103M	-87M	-1.08M	120M
Capital Expenditure	-5.55M	-1.49M	-2.26M	-4.78M	-4.19M
Sale of Property, Plant, and Equipment	-	-	5K	-	-
Cash Acquisitions	-	-52.53M	-2.99M	-32.05M	-
Divestitures	-	-	-	-1.69M	-
Sale (Purchase) of Intangible assets	-32.18M	-19.74M	-18.84M	-29.11M	-35.25M
Investment in Marketable and Equity Securities, Total	-4.99M	1.15M	-6.95M	-3.03M	-3.75M
Other Investing Activities, Total	-	-	-	-	3.55M
Cash from Investing	-42.72M	-72.6M	-31.04M	-70.65M	-39.63M
Short Term Debt Issued, Total	-	630M	-	-	-
Long-Term Debt Issued, Total	-	178M	-	59.38M	610M
Total Debt Issued	-	808M	-	59.38M	610M
Short Term Debt Repaid, Total	-	-630M	-	-	-
Long-Term Debt Repaid, Total	-15.27M	-94.03M	-13.38M	-11.16M	-801M
Total Debt Repaid	-15.27M	-724M	-13.38M	-11.16M	-801M
Issuance of Common Stock	-	58.72M	-	215M	45.71M
Repurchase of Common Stock	-	-	-10K	-	-
Other Financing Activities, Total	-6.94M	-8.57M	-982K	-5.24M	-88.47M
Cash from Financing	-22.21M	134M	-14.37M	258M	-234M
Foreign Exchange Rate Adjustments	-1.2M	-840K	578K	2.36M	286K
Miscellaneous Cash Flow Adjustments	-1.07M	-884K	731K	642K	-8K
Net Change in Cash	122M	-43.36M	-131M	189M	-153M
Supplemental Items
Cash Interest Paid	24.57M	18.55M	21.07M	16.04M	59.03M
Cash Income Tax Paid (Refund)	28.1M	5.48M	3.5M	10.38M	17.27M
Levered Free Cash Flow	185M	6.09M	-80.07M	-5.65M	31.21M
Unlevered Free Cash Flow	202M	20.2M	-65.81M	14.02M	64.86M
Change In Net Working Capital	-86.32M	-21.71M	76.58M	30.91M	7.72M
Net Debt Issued / Repaid	-15.27M	83.96M	-13.38M	48.23M	-191M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.12	-9.38	-6.74	1.73	5.65
Return on Total Capital	4.82	-13.72	-10.1	2.53	8.5
Return On Equity %	0.67	-44.91K	66.13	26.19	54.59
Return on Common Equity	-6.65	6.36K	63.72	26.81	44.87
Margin Analysis
Gross Profit Margin %	72.84	100	26.79	67.19	72.58
SG&A Margin	32.46	56.59	41.19	40.9	35.09
EBITDA Margin %	32.84	-169.87	-34.6	14.96	25.69
EBITA Margin %	31.57	-180.56	-37.59	13.93	24.78
EBIT Margin %	13.79	-350.25	-77.67	8.92	24.07
Income From Continuing Operations Margin %	0.13	-947.58	-75.18	-7.54	4.96
Net Income Margin %	-1.11	-944.42	-75.61	-8.23	3.31
Net Avail. For Common Margin %	-1.11	-944.42	-75.61	-8.23	3.31
Normalized Net Income Margin	2.65	-249.25	-61.19	-2.45	5.95
Levered Free Cash Flow Margin	44.02	13.62	-63.57	-1.81	7.39
Unlevered Free Cash Flow Margin	48.04	45.18	-52.25	4.5	15.36
Asset Turnover
Asset Turnover	0.36	0.04	0.14	0.31	0.38
Fixed Assets Turnover	7.82	1	3.84	11.84	14.85
Receivables Turnover (Average Receivables)	2.15	0.52	1.91	2.14	1.92
Short Term Liquidity
Current Ratio	1.18	1	0.69	1.2	0.98
Quick Ratio	1.13	0.94	0.65	1.17	0.93
Operating Cash Flow to Current Liabilities	0.54	-0.41	-0.32	-0	0.3
Days Sales Outstanding (Average Receivables)	170.44	704.87	190.97	170.81	190.54
Average Days Payable Outstanding	802.98	-	620.66	670.04	776.08
Long Term Solvency
Total Debt/Equity	955.58	-1.08K	-401.03	12.71K	870.89
Total Debt / Total Capital	90.53	110.19	133.22	99.22	89.7
LT Debt/Equity	934.14	-1.06K	-394.99	11.62K	857.11
Long-Term Debt / Total Capital	88.5	108.33	131.21	90.73	88.28
Total Liabilities / Total Assets	93.74	107.24	121.77	99.45	93.55
EBIT / Interest Expense	2.14	-6.94	-4.29	0.88	1.89
EBITDA / Interest Expense	5.71	-2.72	-1.34	1.82	2.21
(EBITDA - Capex) / Interest Expense	5.51	-2.78	-1.44	1.67	2.13
Total Debt / EBITDA	4.35	-12.28	-24.35	14.04	5.16
Net Debt / EBITDA	2.89	-9.3	-22.66	9.85	4.42
Total Debt / (EBITDA - Capex)	4.52	-11.99	-22.67	15.31	5.34
Net Debt / (EBITDA - Capex)	3	-9.08	-21.1	10.74	4.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.8	-89.37	181.79	147.32	35.58
Gross Profit, 1 Yr. Growth %	2.07	-85.32	-255.2	311.14	46.44
EBITDA, 1 Yr. Growth %	-5.63	-155.37	-42.6	-206.92	164.96
EBITA, 1 Yr. Growth %	-6.17	-161.22	-41.34	-191.66	177.23
EBIT, 1 Yr. Growth %	-14.31	-374.33	-37.51	-128.41	322.91
Earnings From Cont. Operations, 1 Yr. Growth %	-92.32	-25.48K	-78.2	-75.68	-189.05
Net Income, 1 Yr. Growth %	-298.81	11.85K	-78	-73.63	-154.54
Normalized Net Income, 1 Yr. Growth %	-43.86	-1.16K	-30.82	-90.11	-351.92
Diluted EPS Before Extra, 1 Yr. Growth %	-304.26	10.99K	-78.8	-76.57	-150
Accounts Receivable, 1 Yr. Growth %	-42.96	-77.83	220.74	91.35	29.64
Net Property, Plant and Equip., 1 Yr. Growth %	-8.64	-26.19	-26.77	-10.52	28.97
Total Assets, 1 Yr. Growth %	-6.32	-14.5	-11.21	35.74	-5.76
Tangible Book Value, 1 Yr. Growth %	-8.04	23.58	5.84	-21.97	-9.25
Common Equity, 1 Yr. Growth %	-21.08	-221.02	78.38	-100.19	16.5K
Cash From Operations, 1 Yr. Growth %	65.52	-154.5	-15.66	-98.76	702.84
Capital Expenditures, 1 Yr. Growth %	-18.38	-73.21	51.92	111.42	-12.35
Levered Free Cash Flow, 1 Yr. Growth %	71.49	-96.71	-316	-92.76	-489.18
Unlevered Free Cash Flow, 1 Yr. Growth %	61.36	-89.99	-228.6	-121.96	456.34
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.12	-67.1	-45.27	163.99	83.11
Gross Profit, 2 Yr. CAGR %	-3.42	-61.34	-65.8	542.38	145.38
EBITDA, 2 Yr. CAGR %	-8.11	-27.71	-43.63	-8.6	140.91
EBITA, 2 Yr. CAGR %