Cash flow Redelfi S.p.A.

Equities

RDF

IT0005496101

Environmental Services & Equipment

Real-time Borsa Italiana Other stock markets 02:31:05 14/04/2026 pm IST			5-day change	1st Jan Change
10.96 ^EUR	+0.74%		-1.79%	-12.88%

10/04	Futures point higher; MIB to restart from 47,300 level	AN
09/04	MIB driven by oil and defense; buy on Eni	AN

9064ac31c187a4b154a6fdca.lzrFHtAieaP0vPoQxbwJjpqtTMRb_qSnb80gBQEo2YQ.8mOVZ6FyCvS3z8hE6OZT5cX8Lq4usMDGCPt5U0pGvtPtSPFcmBUd9ZLpkQ

Published financial data: REDELFI S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024
Revenues - (Utility Template)	9L	39.64L	34.56L	38.32L
Other Revenues, Total	37.93T	1L	2L	6L
Total Revenues	9L	40.87L	36.19L	44.16L
Selling General & Admin Expenses, Total	80.99T	1L	2L	3L
Depreciation & Amortization - (IS) - (Collected)	60.89T	72.01T	73.79T	76.96T
Amortization of Goodwill and Intangible Assets - (IS)	1L	4L	4L	15.47L
Other Operating Expenses	18.86L	23.48L	-16.48L	-52.82L
Total Operating Expenses	21.36L	29.49L	-9L	-33.51L
Operating Income (REIT / Utility Template)	-12.21L	11.38L	45.67L	77.68L
Interest Expense, Total	-3L	-8L	-3L	-16.83L
Net Interest Expenses	-3L	-8L	-3L	-16.83L
Income (Loss) on Equity Invest.	50.45L	54.46T	-	23.96T
Currency Exchange Gains (Loss)	-1.38T	634	-66.97T	2L
Other Non Operating Income (Expenses)	13.05T	652	97.62T	51.34T
EBT, Excl. Unusual Items	34.9L	4L	43.25L	63.8L
Gain (Loss) on Sale of Investments	-	-49.87T	-	-4L
EBT, Incl. Unusual Items	34.9L	4L	43.25L	59.7L
Income Tax Expense	16.42T	1L	12.96L	26.5L
Earnings From Continuing Operations	34.74L	3L	30.29L	33.19L
Net Income to Company	34.74L	3L	30.29L	33.19L
Minority Interest	10.81T	-9.08T	-8L	-4L
Net Income - (IS)	34.85L	3L	22.42L	29L
Net Income to Common Incl Extra Items	34.85L	3L	22.42L	29L
Net Income to Common Excl. Extra Items	34.85L	3L	22.42L	29L
Per Share Items
Net EPS - Basic	-	-	0.27	-
Basic EPS - Continuing Operations	-	-	0.27	-
Basic Weighted Average Shares Outstanding	-	-	82.14L	-
Net EPS - Diluted	-	-	0.27	-
Diluted EPS - Continuing Operations	-	-	0.27	-
Diluted Weighted Average Shares Outstanding	-	-	82.14L	-
Normalized Basic EPS	-	-	0.23	-
Normalized Diluted EPS	-	-	0.23	-
Supplemental Items
EBITDA	-10L	13.64L	48.14L	91.42L
EBITA	-11.14L	12.92L	47.4L	90.65L
EBIT	-12.21L	11.38L	45.67L	77.68L
EBITDAR	-9L	15.06L	50.27L	94.49L
Total Revenues (As Reported)	9L	45.14L	1.09Cr	1.98Cr
Effective Tax Rate - (Ratio)	0.47	27.63	29.97	44.4
Total Current Taxes	24.9T	1L	3L	10.81L
Total Deferred Taxes	-8.48T	-	10L	15.7L
Normalized Net Income	21.92L	3L	19.16L	35.68L
Supplemental Operating Expense Items
Net Rental Expense, Total	80.99T	1L	2L	3L
Imputed Operating Lease Interest Expense	-	7L	93.97T	2L
Imputed Operating Lease Depreciation	-	-5L	1L	86.39T

Fiscal Period: December	2021	2022	2023	2024
Assets
Cash And Equivalents	11.23L	12.44L	34.96L	64.5L
Short Term Investments - (Utility / Insurance Templates)	3L	2L	2L	2L
Accounts Receivable, Total	4L	24.51L	5L	5L
Other Receivables	12.35L	13.34L	8L	37.39L
Accounts Receivable (Summary Subtotal)	15.91L	37.85L	12.55L	42.41L
Inventory - (Utility Template)	-	-	72.88L	2.28Cr
Deferred Tax Assets Current	25.48T	17T	17T	15.32T
Other Current Assets, Total	-2	-	-	1.14Cr
Total Current Assets	30.49L	52.83L	1.23Cr	4.52Cr
Gross Property Plant And Equipment	15.65L	15.56L	15.98L	22.88L
Accumulated Depreciation	-2L	-3L	-4L	-4L
Net Property Plant And Equipment	13.16L	12.59L	12.33L	18.47L
Goodwill	12.03L	10.79L	32.23L	1.31Cr
Other Intangibles, Total	3L	8L	14.02L	39.84L
Long-Term Investments - (Utility Template)	4L	36.59L	52.02L	53.9L
Deferred Charges Long-Term	1L	10.02L	7L	6L
Other Long-Term Assets, Total	23.34L	4L	13.27L	45.12L
Total Assets	86.6L	1.35Cr	2.54Cr	7.47Cr
Liabilities
Accounts Payable, Total	2L	5L	9L	16.18L
Accrued Expenses, Total	1L	2L	5L	8L
Current Portion of Long-Term Debt	1L	3L	19.83L	47.36L
Current Income Taxes Payable	3L	7L	12.42L	25.37L
Other Current Liabilities - (Bank / Utility Template)	3L	2L	4L	1.19Cr
Total Current Liabilities	11.21L	19.05L	50.15L	2.16Cr
Long-Term Debt	9L	13.5L	62.11L	2.45Cr
Unearned Revenue Non Current	-	569	-	-
Pension & Other Post Retirement Benefits	3L	3L	4L	4L
Other Non Current Liabilities, Total	7L	7L	15.18L	36.4L
Total Liabilities	30.23L	42.6L	1.31Cr	5.02Cr
Common Stock, Total	3L	4L	4L	5L
Additional Paid In Capital	11.73L	44.85L	45.13L	73.85L
Retained Earnings	36.29L	38.92L	64.44L	1.09Cr
Treasury Stock	-	-2L	-4L	-7L
Comprehensive Income and Other	2L	3L	2L	4L
Total Common Equity	53.21L	88.47L	1.11Cr	1.84Cr
Minority Interest	3L	4L	11.65L	61.1L
Total Equity	56.36L	92.22L	1.23Cr	2.45Cr
Total Liabilities And Equity	86.6L	1.35Cr	2.54Cr	7.47Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	82.14L	-
ECS Total Common Shares Outstanding	-	-	82.14L	-
Book Value / Share	-	-	1.36	-
Tangible Book Value	38.2L	69.27L	65.13L	12.46L
Tangible Book Value Per Share	-	-	0.79	-
Total Debt	10.44L	16.42L	81.94L	2.93Cr
Net Debt	-4L	2L	44.89L	2.26Cr
Debt Equivalent Oper. Leases	6L	11.39L	16.98L	24.55L
Minority Interest, Total (Incl. Fin. Div)	3L	4L	11.65L	61.1L
Equity Method Investments, Total	2T	32T	42.25T	92.25T
Account Code - Inventory Valuation	-	3	3	3
Inventories - Work In Process, Total	-	-	72.88L	2.28Cr
Land - (BS)	-	-	-	6L
Buildings, Total	3L	3L	3L	3L
Machinery, Total	11.6L	11.65L	11.8L	12.15L
Full Time Employees	-	22	35	42

Fiscal Period: December	2021	2022	2023	2024
Net Income	34.85L	3L	22.42L	29L
Depreciation, Depletion & Amortization	2L	72.01T	73.79T	76.96T
Amortization of Goodwill and Intangible Assets - (CF)	1L	2L	2L	12.98L
Total Depreciation, Depletion & Amortization	3L	2L	2L	13.75L
Amortization of Deferred Charges, Total	-	2L	2L	2L
(Gain) Loss On Sale of Asset - (CF)	-50.4L	-	-	-23.96T
Provision and Write-off of Bad Debts	2L	-	-	-
Change in Accounts Receivable	94.73T	-20.95L	19.96L	-47.42T
Change In Inventories	-	-	-72.88L	-1.56Cr
Change in Accounts Payable	8.16T	2L	4L	7L
Change in Other Net Operating Assets (Collected)	-2L	1L	8L	87.79L
Other Operating Activities	2L	3L	21.2L	31.49L
Cash from Operations	-10.04L	-7L	8L	15.72L
Capital Expenditure	-34.99T	-15.63T	-28.62L	-1.39Cr
Sale of Property, Plant, and Equipment	34.62L	-	-	-
Purchase / Sale of Intangible Assets	-4L	-17.04L	-48.09T	-7L
Investment in Marketable and Equity Securities, Total	-4L	-13.55L	-22.35L	-1.4Cr
Other Investing Activities, Total	1	1	-	-
Cash from Investing	26.36L	-30.74L	-51.46L	-2.86Cr
Long-Term Debt Issued, Total	8L	7L	70.24L	2.31Cr
Total Debt Issued	8L	7L	70.24L	2.31Cr
Short Term Debt Repaid, Total	-17.32L	-66.34T	-	-
Long-Term Debt Repaid, Total	-9L	-7.46T	-5L	-20.5L
Total Debt Repaid	-25.84L	-73.8T	-5L	-20.5L
Issuance of Common Stock	11.05L	33.06L	3L	91.98L
Repurchase of Common Stock	-	-	-2L	-3L
Other Financing Activities, Total	-1	-	-	-
Cash from Financing	-7L	39.04L	66.26L	3Cr
Miscellaneous Cash Flow Adjustments	-	-1	-	-
Net Change in Cash	10L	1L	22.52L	29.54L
Supplemental Items
Cash Income Tax Paid (Refund)	4.98T	-	-	-
Net Debt Issued / Repaid	-17.62L	6L	65.52L	2.11Cr
Levered Free Cash Flow	-	-25.82L	-30.77L	-2.53Cr
Unlevered Free Cash Flow	-	-21.01L	-29.07L	-2.43Cr
Change In Net Working Capital	-	15.52L	33.38L	1.62Cr

Fiscal Period: December	2021	2022	2023	2024
Profitability
Return on Assets	-	6.43	14.68	9.7
Return on Total Capital	-	8.11	18.2	13.07
Return On Equity %	-	3.66	28.15	18.04
Return on Common Equity	-	3.71	22.43	19.65
Margin Analysis
Gross Profit Margin %	12.8	61.53	195.24	278.32
SG&A Margin	85.93	27.7	45.86	59.01
EBITDA Margin %	-105.18	33.37	133.03	207.01
EBITA Margin %	-121.8	31.6	131	205.26
EBIT Margin %	-133.54	27.85	126.19	175.88
Income From Continuing Operations Margin %	379.89	6.65	83.71	75.16
Net Income Margin %	381.07	6.43	61.95	65.66
Net Avail. For Common Margin %	381.07	6.43	61.95	65.66
Normalized Net Income Margin	239.73	6.28	52.94	80.79
Levered Free Cash Flow Margin	-	-63.17	-85.02	-573.33
Unlevered Free Cash Flow Margin	-	-51.42	-80.32	-549.51
Asset Turnover
Asset Turnover	-	0.37	0.19	0.09
Fixed Assets Turnover	-	3.17	2.9	2.87
Receivables Turnover (Average Receivables)	-	2.82	2.38	8.01
Inventory Turnover (Average Inventory)	-	-	-	-0.52
Short Term Liquidity
Current Ratio	2.72	2.77	2.45	2.1
Quick Ratio	2.7	2.77	0.99	0.51
Operating Cash Flow to Current Liabilities	-0.9	-0.37	0.15	0.07
Days Sales Outstanding (Average Receivables)	-	129.23	153.45	45.69
Days Outstanding Inventory (Average Inventory)	-	-	-	-700.06
Average Days Payable Outstanding	-	81.49	-	59.48
Cash Conversion Cycle (Average Days)	-	-	-	-713.84
Long Term Solvency
Total Debt/Equity	18.52	17.81	66.6	119.57
Total Debt / Total Capital	15.63	15.12	39.98	54.46
LT Debt/Equity	15.98	14.64	50.49	100.23
Long-Term Debt / Total Capital	13.48	12.42	30.3	45.65
Total Liabilities / Total Assets	34.91	31.6	51.56	67.2
EBIT / Interest Expense	-3.54	1.48	16.78	4.62
EBITDA / Interest Expense	-2.79	1.77	17.69	5.43
(EBITDA - Capex) / Interest Expense	-2.89	1.75	7.17	-2.82
Total Debt / EBITDA	-1.09	1.2	1.7	3.2
Net Debt / EBITDA	0.4	0.12	0.93	2.47
Total Debt / (EBITDA - Capex)	-1.05	1.22	4.2	-6.17
Net Debt / (EBITDA - Capex)	0.39	0.12	2.3	-4.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	346.94	-9.93	22.04
Gross Profit, 1 Yr. Growth %	-	2.05T	188.91	73.98
EBITDA, 1 Yr. Growth %	-	-241.77	201.59	80.88
EBITA, 1 Yr. Growth %	-	-215.97	211	82.01
EBIT, 1 Yr. Growth %	-	-193.21	301.19	70.1
Earnings From Cont. Operations, 1 Yr. Growth %	-	-92.18	1.01T	9.58
Net Income, 1 Yr. Growth %	-	-92.46	753.61	29.35
Normalized Net Income, 1 Yr. Growth %	-	-88.29	646.24	86.23
Net Property, Plant and Equip., 1 Yr. Growth %	-	-4.29	-2.04	49.74
Inventory, 1 Yr. Growth %	-	-	-	213.35
Accounts Receivable, 1 Yr. Growth %	-	588.54	-81.45	10.43
Total Assets, 1 Yr. Growth %	-	55.69	88.38	193.98
Tangible Book Value, 1 Yr. Growth %	-	81.33	-5.86	-80.86
Cash From Operations, 1 Yr. Growth %	-	-29.36	-208.81	103.71
Capital Expenditures, 1 Yr. Growth %	-	-55.34	18.21T	385.12
Levered Free Cash Flow, 1 Yr. Growth %	-	-	17.35	722.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	35.73	734.95
Common Equity, 1 Yr. Growth %	-	66.27	25.89	65.02
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	98.93	4.85
Gross Profit, 2 Yr. CAGR %	-	-	676.99	124.2
EBITDA, 2 Yr. CAGR %	-	-	123.72	139.32
EBITA, 2 Yr. CAGR %	-	-	106.3	143.87
EBIT, 2 Yr. CAGR %	-	-	93.38	161.23
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-6.62	249.53
Net Income, 2 Yr. CAGR %	-	-	-19.79	232.29
Normalized Net Income, 2 Yr. CAGR %	-	-	-6.52	272.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-3.17	21.11
Accounts Receivable, 2 Yr. CAGR %	-	-	13.03	-54.74
Total Assets, 2 Yr. CAGR %	-	-	71.26	135.33
Common Equity, 2 Yr. CAGR %	-	-	44.68	44.13
Tangible Book Value, 2 Yr. CAGR %	-	-	30.56	-57.56
Cash From Operations, 2 Yr. CAGR %	-	-	-12.33	48.88
Capital Expenditures, 2 Yr. CAGR %	-	-	804.44	2.88T
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	210.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	236.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	69.03
Gross Profit, 3 Yr. CAGR %	-	-	-	371.82
EBITDA, 3 Yr. CAGR %	-	-	-	111.83
EBITA, 3 Yr. CAGR %	-	-	-	101.15
EBIT, 3 Yr. CAGR %	-	-	-	85.28
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-1.51
Net Income, 3 Yr. CAGR %	-	-	-	-5.94
Normalized Net Income, 3 Yr. CAGR %	-	-	-	17.63
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	11.98
Accounts Receivable, 3 Yr. CAGR %	-	-	-	12.15
Total Assets, 3 Yr. CAGR %	-	-	-	105.06
Common Equity, 3 Yr. CAGR %	-	-	-	51.16
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-31.16
Cash From Operations, 3 Yr. CAGR %	-	-	-	16.12
Capital Expenditures, 3 Yr. CAGR %	-	-	-	634.86