Cash flow Interparfums

Equities

ITP

FR0004024222

Personal Products

Real-time Euronext Paris Other stock markets 06:21:22 2025-01-15 am EST			5-day change	1st Jan Change
39.20 ^EUR	+0.26%		-1.88%	-3.92%

Jan. 06	Interparfums: departure of international business director	CF
Dec. 03	Interparfums: towards the development of the Off-White brand	CF

805094ef8ba75d730c083808d.uEllTkIDy91nRkDYZC2j4z2sYRkqsxZoLu_K93NvLPw.0QwwAyVVjbQQMnCTDWD6ogj-JkhA4GEheqO4pSUqQ46AAD0qCUK8qxUfBQ

Published financial data: INTERPARFUMS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	484M	367M	561M	707M	798M
Total Revenues	484M	367M	561M	707M	798M
Cost of Goods Sold, Total	172M	139M	193M	232M	271M
Gross Profit	312M	229M	367M	475M	528M
Selling General & Admin Expenses, Total	235M	179M	263M	333M	363M
Other Operating Expenses	3.79M	3.09M	3.74M	3.68M	-1.04M
Other Operating Expenses, Total	239M	182M	267M	337M	362M
Operating Income	73.07M	46.91M	101M	138M	166M
Interest Expense, Total	-1.2M	-901K	-2.26M	3.26M	-7.39M
Interest And Investment Income	2.09M	1.76M	2.26M	2M	7.44M
Net Interest Expenses	891K	858K	-5K	5.26M	48K
Income (Loss) On Equity Invest.	-	477K	45K	-47K	293K
Currency Exchange Gains (Loss)	-807K	-2.01M	2.42M	-780K	-2.28M
Other Non Operating Income (Expenses)	-	-	-	-3.02M	-14K
EBT, Excl. Unusual Items	73.15M	46.24M	103M	140M	164M
Asset Writedown	-	-	-1.99M	-6.49M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	73.15M	46.24M	101M	133M	164M
Income Tax Expense	22.06M	15.22M	29.68M	33.06M	43.94M
Earnings From Continuing Operations	51.1M	31.02M	71.68M	100M	120M
Net Income to Company	51.1M	31.02M	71.68M	100M	120M
Minority Interest	-463K	-314K	-585K	-655K	-931K
Net Income - (IS)	50.63M	30.7M	71.1M	99.52M	119M
Net Income to Common Incl Extra Items	50.63M	30.7M	71.1M	99.52M	119M
Net Income to Common Excl. Extra Items	50.63M	30.7M	71.1M	99.52M	119M
Per Share Items
Net EPS - Basic	0.7	0.44	0.98	1.37	1.64
Basic EPS - Continuing Operations	0.7	0.44	0.98	1.37	1.64
Basic Weighted Average Shares Outstanding	72.59M	70.35M	72.69M	72.68M	72.61M
Net EPS - Diluted	0.7	0.44	0.98	1.37	1.64
Diluted EPS - Continuing Operations	0.7	0.44	0.98	1.37	1.64
Diluted Weighted Average Shares Outstanding	72.59M	70.35M	72.69M	72.68M	72.69M
Normalized Basic EPS	0.62	0.41	0.88	1.19	1.4
Normalized Diluted EPS	0.62	0.41	0.88	1.19	1.39
Dividend Per Share	-	0.38	0.71	0.87	1.05
Payout Ratio	59.89	-	40.1	53.82	55.54
Supplemental Items
EBITDA	77.87M	51.7M	104M	154M	184M
EBITA	75.65M	49.56M	102M	140M	167M
EBIT	73.07M	46.91M	101M	138M	166M
EBITDAR	78.78M	53.07M	105M	-	-
Effective Tax Rate - (Ratio)	30.15	32.92	29.28	24.81	26.85
Current Domestic Taxes	17.82M	8.99M	17.22M	25.26M	33.52M
Current Foreign Taxes	5.44M	5.3M	10.03M	10.31M	9.74M
Total Current Taxes	23.25M	14.29M	27.25M	35.58M	43.25M
Deferred Domestic Taxes	-1.54M	1.33M	214K	-2.26M	-2.12M
Deferred Foreign Taxes	344K	-398K	151K	-250K	-42K
Total Deferred Taxes	-1.2M	933K	365K	-2.51M	-2.16M
Normalized Net Income	45.26M	28.58M	64M	86.68M	101M
Non-Cash Pension Expense	131K	98K	677K	632K	649K
Supplemental Operating Expense Items
Advertising Expense	113M	73.35M	125M	161M	180M
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	216M	161M	241M	305M	329M
General and Administrative Expenses	18.65M	17.37M	21.14M	28.13M	34.05M
Net Rental Expense, Total	910K	1.37M	432K	-	-
Imputed Operating Lease Interest Expense	336K	475K	108K	-	-
Imputed Operating Lease Depreciation	574K	898K	324K	-	-
Stock-Based Comp., Other (Total)	1.78M	1.35M	1.43M	2.78M	1.18M
Total Stock-Based Compensation	1.78M	1.35M	1.43M	2.78M	1.18M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	152M	125M	116M	137M	138M
Short Term Investments	54.04M	49.56M	61.94M	18.62M	8.47M
Total Cash And Short Term Investments	206M	175M	178M	155M	146M
Accounts Receivable, Total	93.7M	85.96M	125M	139M	139M
Other Receivables	3.79M	5.26M	5.16M	24.11M	4.38M
Total Receivables	97.49M	91.22M	131M	163M	144M
Inventory	106M	92.52M	102M	153M	202M
Prepaid Expenses	2.67M	2.3M	1.2M	2.92M	4.23M
Other Current Assets, Total	126K	54.64M	88.99M	85.15M	34.25M
Total Current Assets	412M	415M	501M	560M	531M
Gross Property Plant And Equipment	36.99M	45.68M	171M	189M	200M
Accumulated Depreciation	-18.87M	-24.04M	-28.54M	-28.52M	-37.2M
Net Property Plant And Equipment	18.12M	21.65M	143M	160M	163M
Long-term Investments	2.86M	15.81M	16.77M	15.74M	14.98M
Other Intangibles, Total	155M	154M	150M	232M	235M
Deferred Tax Assets Long-Term	9.56M	7.98M	9.23M	12.34M	19.4M
Other Long-Term Assets, Total	3.07M	2.57M	2.07M	7.9M	4.73M
Total Assets	601M	617M	822M	988M	968M
Liabilities
Accounts Payable, Total	63.66M	51.28M	92.15M	113M	111M
Accrued Expenses, Total	24.47M	23.67M	29.94M	35.44M	37.29M
Current Portion of Long-Term Debt	10.02M	11M	13.1M	24.26M	24.31M
Current Portion of Leases	3.33M	2.85M	3.07M	2.7M	3.01M
Current Income Taxes Payable	4.57M	2.94M	3.79M	7.32M	9.07M
Other Current Liabilities	10.28M	9.9M	15.29M	64.75M	12.66M
Total Current Liabilities	116M	102M	157M	248M	197M
Long-Term Debt	-	-	96.71M	123M	98.69M
Long-Term Leases	8.3M	6.14M	12.56M	10.23M	12.1M
Pension & Other Post Retirement Benefits	9.1M	9.77M	8.77M	7.22M	8.33M
Deferred Tax Liability Non Current	2.6M	1.91M	3.3M	5.21M	7.96M
Other Non Current Liabilities	235K	3.21M	-	197K	449K
Total Liabilities	137M	123M	279M	393M	325M
Common Stock, Total	142M	156M	172M	189M	208M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	50.63M	30.7M	371M	393M	119M
Comprehensive Income and Other	270M	306M	-1.44M	10.6M	315M
Total Common Equity	463M	492M	541M	592M	641M
Minority Interest	1.61M	1.63M	1.92M	2.18M	2.67M
Total Equity	464M	494M	543M	595M	644M
Total Liabilities And Equity	601M	617M	822M	988M	968M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	75.8M	75.83M	75.87M	75.88M	75.95M
ECS Total Common Shares Outstanding	75.78M	75.83M	75.87M	75.88M	75.95M
Book Value / Share	6.11	6.49	7.14	7.81	8.44
Tangible Book Value	308M	339M	392M	361M	406M
Tangible Book Value Per Share	4.06	4.47	5.16	4.76	5.34
Total Debt	21.65M	19.99M	125M	160M	138M
Net Debt	-184M	-155M	-52.9M	4.59M	-8.1M
Debt Equivalent Oper. Leases	7.28M	10.98M	3.46M	-	-
Minority Interest, Total (Incl. Fin. Div)	1.61M	1.63M	1.92M	2.18M	2.67M
Equity Method Investments, Total	-	12.98M	12.72M	12.42M	12.47M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	43.92M	41.58M	60.19M	89.16M	99.32M
Inventories - Finished Goods, Total	66.17M	57.74M	47.87M	71.23M	119M
Buildings, Total	-	-	120M	139M	142M
Machinery, Total	21.34M	23.08M	25.52M	29.27M	32.43M
Full Time Employees	300	290	298	317	334
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.02M	4.29M	2.18M	1.98M	1.58M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	50.63M	30.7M	71.1M	99.52M	119M
Depreciation & Amortization - CF	6.4M	5.6M	9.16M	17.57M	19.35M
Amortization of Goodwill and Intangible Assets - (CF)	2.58M	2.66M	1.11M	1.44M	1.42M
Depreciation & Amortization, Total	8.98M	8.25M	10.27M	19.01M	20.77M
Amortization of Deferred Charges, Total - (CF)	236K	170K	1.96M	1.69M	1.64M
Asset Writedown & Restructuring Costs	-	-	1.99M	6.49M	-
(Income) Loss On Equity Investments - (CF)	-	-477K	255K	298K	-293K
Other Operating Activities, Total	6.31M	6.27M	663K	1.78M	1.84M
Change In Accounts Receivable	-2M	5.09M	-37.36M	-13.28M	-146K
Change In Inventories	-8.76M	8.51M	-12.48M	-67.92M	-63.25M
Change In Accounts Payable	-9.75M	-12M	40.87M	21.09M	-2.58M
Change in Other Net Operating Assets	3.8M	-519K	-103K	10.14M	7.78M
Cash from Operations	49.46M	45.99M	77.17M	78.82M	84.51M
Capital Expenditure	-3.16M	-8.54M	-117M	-26.4M	-7.54M
Sale (Purchase) of Intangible assets	-2M	-1.43M	-1.25M	-51.44M	-41.56M
Investment in Marketable and Equity Securities, Total	13.1M	-8.6M	-36.91M	-1.63M	88.02M
Other Investing Activities, Total	-	-699K	-9.38M	5.1M	-4.9M
Cash from Investing	7.94M	-19.27M	-164M	-74.37M	34.02M
Long-Term Debt Issued, Total	-	12M	141M	50M	2.3M
Total Debt Issued	-	12M	141M	50M	2.3M
Long-Term Debt Repaid, Total	-23.75M	-13.64M	-34.2M	-15.74M	-52.05M
Total Debt Repaid	-23.75M	-13.64M	-34.2M	-15.74M	-52.05M
Issuance of Common Stock	-	823K	454K	-	-
Repurchase of Common Stock	-5.39M	-	-	-5.1M	-1.84M
Common Dividends Paid	-30.32M	-	-28.51M	-53.56M	-65.94M
Common & Preferred Stock Dividends Paid	-30.32M	-	-28.51M	-53.56M	-65.94M
Cash from Financing	-59.47M	-817K	78.58M	-24.41M	-118M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1K
Net Change in Cash	-2.07M	25.9M	-8.56M	-19.96M	987K
Supplemental Items
Cash Interest Paid	1.3M	896K	1.99M	2.69M	3.78M
Cash Income Tax Paid (Refund)	20.1M	17.99M	28.57M	30.35M	39.2M
Levered Free Cash Flow	36.77M	32.44M	-71.57M	32.07M	42.12M
Unlevered Free Cash Flow	37.52M	33M	-70.16M	30.03M	46.74M
Change In Net Working Capital	13.98M	-3.89M	28.86M	2.05M	31.22M
Net Debt Issued / Repaid	-23.75M	-1.64M	107M	34.26M	-49.76M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.62	4.81	8.76	9.55	10.58
Return on Total Capital	9.49	5.86	10.66	12.14	13.47
Return On Equity %	11.22	6.47	13.82	17.61	19.33
Return on Common Equity	11.16	6.43	13.75	17.55	19.25
Margin Analysis
Gross Profit Margin %	64.49	62.24	65.52	67.21	66.1
SG&A Margin	48.62	48.63	46.87	47.12	45.5
EBITDA Margin %	16.08	14.07	18.61	21.78	22.98
EBITA Margin %	15.62	13.49	18.18	19.78	20.91
EBIT Margin %	15.09	12.77	17.99	19.57	20.73
Income From Continuing Operations Margin %	10.55	8.44	12.78	14.18	14.99
Net Income Margin %	10.46	8.36	12.68	14.08	14.87
Net Avail. For Common Margin %	10.46	8.36	12.68	14.08	14.87
Normalized Net Income Margin	9.35	7.78	11.41	12.27	12.69
Levered Free Cash Flow Margin	7.59	8.83	-12.76	4.54	5.28
Unlevered Free Cash Flow Margin	7.75	8.98	-12.51	4.25	5.85
Asset Turnover
Asset Turnover	0.81	0.6	0.78	0.78	0.82
Fixed Assets Turnover	39.35	18.48	6.82	4.66	4.94
Receivables Turnover (Average Receivables)	5.22	4.09	5.31	5.35	5.74
Inventory Turnover (Average Inventory)	1.66	1.39	1.99	1.81	1.52
Short Term Liquidity
Current Ratio	3.55	4.09	3.19	2.26	2.7
Quick Ratio	2.61	2.61	1.96	1.29	1.47
Operating Cash Flow to Current Liabilities	0.43	0.45	0.49	0.32	0.43
Days Sales Outstanding (Average Receivables)	69.91	89.5	68.79	68.27	63.62
Days Outstanding Inventory (Average Inventory)	219.88	262.48	183.73	201.34	239.94
Average Days Payable Outstanding	141.38	168.56	128.96	132.44	127.86
Cash Conversion Cycle (Average Days)	148.41	183.42	123.56	137.17	175.71
Long Term Solvency
Total Debt/Equity	4.66	4.05	23.09	26.9	21.46
Total Debt / Total Capital	4.45	3.89	18.76	21.2	17.67
LT Debt/Equity	1.79	1.24	20.11	22.37	17.21
Long-Term Debt / Total Capital	1.71	1.19	16.34	17.63	14.17
Total Liabilities / Total Assets	22.72	19.89	33.9	39.81	33.52
EBIT / Interest Expense	60.94	52.06	44.6	-42.38	22.41
EBITDA / Interest Expense	68.43	61.22	49.14	-48.2	25.22
(EBITDA - Capex) / Interest Expense	65.8	51.74	-2.48	-40.11	24.2
Total Debt / EBITDA	0.26	0.36	1.13	1.02	0.74
Net Debt / EBITDA	-2.24	-2.8	-0.48	0.03	-0.04
Total Debt / (EBITDA - Capex)	0.27	0.43	-22.34	1.22	0.77
Net Debt / (EBITDA - Capex)	-2.33	-3.31	9.42	0.04	-0.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.35	-24.14	52.66	26	13
Gross Profit, 1 Yr. Growth %	5.24	-26.79	60.73	29.24	11.14
EBITDA, 1 Yr. Growth %	2.91	-41.49	58.61	36.95	10.88
EBITA, 1 Yr. Growth %	14.3	-32.17	117.41	38.54	20.73
EBIT, 1 Yr. Growth %	10.4	-35.8	115.05	37.11	19.7
Earnings From Cont. Operations, 1 Yr. Growth %	7.21	-39.29	131.09	39.76	19.46
Net Income, 1 Yr. Growth %	7.39	-39.36	131.55	39.99	19.31
Normalized Net Income, 1 Yr. Growth %	8.51	-36.84	123.91	35.42	16.9
Diluted EPS Before Extra, 1 Yr. Growth %	8.16	-36.67	126.98	47.41	14.13
Accounts Receivable, 1 Yr. Growth %