| Income Statement | ||||||
| Consolidated, audited key figures | ||||||
| Dec 31, 2021 | Dec 31, 2020 | Change | ||||
| (million euro) | 12M | 12M | ||||
| Revenue | 259.7 | 245.2 | 5.9% | |||
| Operating result (EBIT) | 21.3 | 12.8 | 66.7% | |||
| Cash flow from operations (EBITDA) 1 | 30.8 | 19.8 | 55.7% | |||
| Financial result | -2.1 | -2.9 | -27.5% | |||
| Profit before taxes | 19.8 | 11.2 | 77.0% | |||
| Income tax expense | -5.5 | -4.0 | 37.7% | |||
| Profit from the period from the continuing operations | 14.3 | 7.2 | 98.9% | |||
| Result from assets held for sale | -0.1 | -0.1 | 20.4% | |||
| Share in result of associates and joint ventures accounted for using the equity method | 0.5 | -1.3 | -56.6% | |||
| Result attributable to Non Controlling Interest | -0.4 | -0.5 | -24.4% | |||
| Consolidated result attributable to equity holders (Group share in the profit) | 14.6 | 7.6 | 91.7% | |||
| Net cash flow 2 | 24.1 | 14.6 | 64.9% | |||
| Balance sheet | ||||||
| Consolidated, audited key figures | ||||||
| Dec 31, 2021 | Dec 31, 2020 | Change | ||||
| (million euro) | 12M | 12M | ||||
| Equity | 155.4 | 136.0 | 14.2% | |||
| Net financial debt (+)/Net cash (-) 3 | -41.0 | -28.3 | 44.5% | |||
| Assets held for sale | 0.4 | 0.4 | 8.4% | |||
| Total assets | 329.6 | 278.4 | 18.4% | |||
| Consolidated, audited key figures per share | ||||||
| Dec 31, 2021 | Dec 31, 2020 | Change | ||||
| (euro) | 12M | 12M | ||||
| Cash flow from operations (EBITDA) 1 | 3.9 | 2.5 | -55.7% | |||
| Profit before taxes | 2.5 | 1.4 | -76.9% | |||
| Consolidated result attributable to equity holders (EPS) | 1.9 | 1.0 | -91.8% | |||
| Net cash flow 2 | 3.1 | 1.9 | -64.7% | |||
| Equity | 19.9 | 17.4 | 14.3% | |||
| Number of shares (end of period) | 7'818'999.0 | 7'818'999.0 | ||||
| Number of shares (average) | 7'818'999.0 | 7'818'999.0 | ||||
1 EBITDA (Earnings before Interest, Taxes, Depreciation and amortization) = Operating profit (EBIT) + Depreciation, amortization, write downs on trade receivables, write downs on inventory, changes in provisions
The JENSEN-GROUP adjusted the definition of EBITDA in order to further improve transparency: in last years, the movement in the related balance sheet accounts was used for the changes in provision. As from 2019 onwards the JENSEN-GROUP uses the amount in P&L. The 2018 ratio is restated accordingly. In 2018, the EBITDA disclosed amounted to 33,525 thousand euro, restated the EBITDA for the same period amounts to 31,823 thousand of euro.
2 Net cash flow = Consolidated result attributable to the equity holders + Depreciation, amortization, write downs on trade receivables, write downs on inventory, changes in provisions
3 Net financial debt (+)/Net cash (-)= Borrowings (Non-current and current) – Cash and cash equivalent
