Avio (AVIO.MI) stock price, revenue, and financials
Avio annual revenue was €439.70 m in FY 2018
€191 M
Avio Revenue H1, 2019Avio Gross profit (H1, 2019)46.8 M
Avio Gross profit margin (H1, 2019), %24.5%
Avio Net income (H1, 2019)7.1 M
Avio EBIT (H1, 2019)8.1 M
Avio Cash, 30-Jun-201993.8 M
Avio Revenue
Avio revenue was €439.70 m in FY, 2018 which is a 35.2% year over year increase from the previous period.
Avio Revenue Breakdown
Avio revenue breakdown by business segment: 41.4% from Ariane, 53.1% from Vega and 5.4% from Other
Avio Income Statement
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Revenue | 339.7m | 325.3m | 439.7m |
Revenue growth, % | 22% | (4%) | 35% |
Cost of goods sold | 266.2m | 253.9m | 344.1m |
Gross profit | 73.5m | 71.5m | 95.6m |
Gross profit Margin, % | 22% | 22% | 22% |
General and administrative expense | 56.6m | 46.7m | 62.4m |
Operating expense total | 60.3m | 47.5m | 67.1m |
Depreciation and amortization | 13.7m | 10.6m | 14.0m |
EBIT | 13.2m | 24.0m | 28.5m |
EBIT margin, % | 4% | 7% | 6% |
Interest expense | 7.9m | 3.4m | 1.5m |
Interest income | 950.3k | 1.4m | 813.2k |
Pre tax profit | 6.3m | 22.0m | 27.9m |
Income tax expense | 3.1m | (369.5k) | 2.0m |
Net Income | 3.1m | 22.4m | 25.8m |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Revenue | 101.3m | 202.0m | 191.0m |
Cost of goods sold | 79.0m | 156.7m | 144.2m |
Gross profit | 22.2m | 45.3m | 46.8m |
Gross profit Margin, % | 22% | 22% | 25% |
General and administrative expense | 16.6m | 32.7m | 36.2m |
Operating expense total | 19.0m | 37.7m | 38.7m |
Depreciation and amortization | 3.3m | 6.8m | 8.0m |
EBIT | 3.3m | 7.7m | 8.1m |
EBIT margin, % | 3% | 4% | 4% |
Interest expense | 2.1m | 824.9k | 467.4k |
Interest income | 653.6k | 590.4k | 291.8k |
Pre tax profit | 1.8m | 7.4m | 7.9m |
Income tax expense | 575.0k | 1.2m | 837.8k |
Net Income | 2.3m | 6.2m | 7.1m |
Avio Balance Sheet
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Cash | 87.2m | 107.0m | 108.4m |
Accounts Receivable | 10.9m | 8.5m | 7.0m |
Inventories | 133.1m | 125.8m | 116.1m |
Current Assets | 304.3m | 433.5m | 405.1m |
PP&E | 59.1m | 71.9m | 89.3m |
Goodwill | 221.0m | 61.0m | 61.0m |
Total Assets | 814.9m | 842.6m | 831.9m |
Accounts Payable | 56.7m | 89.4m | 131.4m |
Short-term debt | 105.8m | 25.3m | 19.3m |
Current Liabilities | 365.7m | 385.4m | 354.9m |
Long-term debt | 40.0m | 40.0m | |
Non-Current Liabilities | 139.1m | 175.0m | 181.0m |
Total Debt | 105.8m | 65.3m | 59.3m |
Total Liabilities | 504.8m | 560.4m | 535.9m |
Common Stock | 40.0m | 91.0m | 91.0m |
Additional Paid-in Capital | 73.6m | 163.9m | 144.3m |
Retained Earnings | 190.3m | 3.6m | 10.4m |
Total Equity | 310.1m | 282.2m | 284.6m |
Debt to Equity Ratio | 0.3 x | 0.2 x | 0.2 x |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 2.6 x | 3 x | 2.9 x |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Cash | 63.4m | 73.5m | 93.8m |
Accounts Receivable | 5.8m | 4.6m | 3.5m |
Inventories | 127.3m | 117.0m | 136.1m |
Current Assets | 427.7m | 480.7m | 353.6m |
PP&E | 63.3m | 70.7m | 89.6m |
Goodwill | 80.3m | 61.0m | 61.0m |
Total Assets | 821.7m | 887.8m | 798.9m |
Accounts Payable | 90.0m | 111.9m | 120.1m |
Short-term debt | 56.4m | 11.8m | 18.0m |
Current Liabilities | 426.5m | 429.9m | 299.9m |
Long-term debt | 40.0m | 55.4m | |
Non-Current Liabilities | 133.4m | 181.8m | 212.4m |
Total Debt | 56.4m | 51.8m | 73.4m |
Total Liabilities | 559.9m | 611.6m | |
Common Stock | 90.8m | 91.0m | 91.0m |
Additional Paid-in Capital | 163.9m | 144.3m | 144.3m |
Retained Earnings | 3.5m | 9.0m | 23.2m |
Total Equity | 255.5m | 276.2m | 286.6m |
Debt to Equity Ratio | 0.2 x | 0.2 x | 0.3 x |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 3.2 x | 3.2 x | 2.8 x |
Avio Cash Flow
Annual
| EUR | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Net Income | 3.1m | 22.4m | 25.8m |
Depreciation and Amortization | 13.7m | 10.6m | 14.0m |
Accounts Receivable | (2.6m) | (1.1m) | 1.5m |
Inventories | (23.9m) | 5.4m | 1.5m |
Accounts Payable | 9.8m | 14.5m | 42.0m |
Cash From Operating Activities | 45.7m | 13.2m | 41.9m |
Cash From Investing Activities | (24.5m) | 153.9m | (22.7m) |
Long-term Borrowings | (6.8m) | (90.7m) | |
Dividends Paid | (1.6m) | (1.9m) | (11.8m) |
Cash From Financing Activities | (4.4m) | (60.6m) | (17.8m) |
Net Change in Cash | 16.8m | 106.6m | 1.4m |
Interest Paid | 3.7m | 973.0k | 1.5m |
Income Taxes Paid | 1.6m | 2.1m | 1.5m |
Free Cash Flow | 21.2m | (12.4m) | 19.2m |
Half Year
| EUR | H1, 2017 | H1, 2018 | H1, 2019 |
|---|---|---|---|
Net Income | 2.3m | 6.2m | 7.1m |
Depreciation and Amortization | 3.3m | 6.8m | 8.0m |
Accounts Receivable | 1.6m | 3.9m | 3.5m |
Inventories | 3.9m | 8.8m | (20.0m) |
Accounts Payable | 15.6m | 22.5m | (11.3m) |
Cash From Operating Activities | (14.3m) | (1.8m) | 857.0k |
Cash From Investing Activities | 173.6m | (6.4m) | (9.0m) |
Long-term Borrowings | (63.4m) | ||
Dividends Paid | (1.9m) | (11.8m) | (13.0m) |
Cash From Financing Activities | (96.3m) | (25.3m) | (6.4m) |
Net Change in Cash | 62.9m | (33.5m) | (14.6m) |
Interest Paid | 2.6m | 120.0k | 143.0k |
Income Taxes Paid | 289.0k | 476.0k | 304.0k |
Free Cash Flow | (20.0m) | (8.2m) | (8.2m) |
Avio Ratios
| EUR | Y, 2019 |
|---|---|
Revenue/Employee | 209.9k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.8 x |
