Technogym S.p.A

Technogym S.p.A

12.42
EUR
-0.24
(-1.90%)
3.04BMarket Cap
Mar 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.05
2.33
2.56
2.76
2.92
3.15
3.33
2.53
3.04
3.58
4.06
4.56
5.14
- -
Basic EPS, GAAP
0.01
0.03
0.14
0.21
0.3
0.46
0.41
0.18
0.31
0.32
0.37
0.44
0.58
- -
Free Cash Flow per Basic Share
0.01
0.16
0.15
0.16
0.31
0.14
0.49
0.39
0.33
0.38
0.35
0.58
0.58
- -
Dividend per Share
- -
- -
- -
- -
0.06
0.09
0.18
- -
0.22
0.16
0.26
0.28
0.82
- -
Book Value per Share
0.01
0.05
0.21
0.43
0.66
1.03
1.28
1.43
1.54
1.71
1.77
1.9
1.67
1.52
Tangible Book Value per Share
-0.15
-0.07
0.11
0.31
0.51
0.86
1.07
1.2
1.29
1.43
1.49
1.64
1.39
1.23
Basic Weighted Avg Shares
200
200
200
201
201
201
201
201
201
201
199
198
198
199
Sales/Revenue/Turnover
410
465
512
555
587
634
669
510
611
721
808
901
1,019
- -
Operating Margin (%)
1.7
7.1
11.33
12.3
15.61
16.81
16.16
11.12
10.5
11.45
11.72
13.42
16
- -
Depreciation Expense
22
26
19
23
24
22
31
35
36
40
46
51
51
- -
Net Income, GAAP
1
6
28
43
61
93
83
36
63
64
74
87
115
- -
Effective Tax Rate (%)
22.92
77.13
48.42
34.26
28.71
13.02
21.3
24.13
20.65
23.33
23.14
27.53
27.37
- -
Profit Margin (%)
0.3
1.19
5.5
7.76
10.38
14.67
12.44
7.06
10.31
8.81
9.11
9.66
11.29
- -
Working Capital
-95
-68
10
-24
24
53
72
139
124
141
158
174
106
63
LT Debt
3
5
48
84
84
53
56
98
58
66
70
76
44
45
Total Equity
4
10
43
86
133
209
260
291
312
346
364
387
336
306
Return on Invested Capital (%)
- -
4.76
20.32
23.25
26.78
30.95
23.77
10.02
14.04
13.93
15.96
17.29
24.9
- -
Return on Capital (%)
- -
4.84
21.47
24.2
26.24
32.56
24.04
9.01
14.49
14.32
15.45
17.79
25.83
- -
Return on Common Equity (%)
- -
85.27
106.3
67.06
56.01
54.74
35.73
13.18
21.09
19.45
21.09
23.73
32.32
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
42
14
80
LT Borrowings
3
3
3
LT Finance Leases
37
41
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
199
199
199
Market Capitalization
2,456
3,234
3,035

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
449
498
559
Cash, Cash Equivalents & STI
166
215
214
Accounts Receivable, Net
99
132
139
Inventories
130
112
147
Total Current Liabilities
401
391
496
Payables & Accruals
- -
- -
- -
ST Debt
42
14
80
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.3%
3.34%
-13.03%
Free Cash Flow
31.81%
11.28%
1.85%
Net Income, GAAP
22.2%
28.45%
32.27%
Sales/Revenue/Turnover
7.85%
14.92%
13.09%
Total Cash Common Dividend
- -
- -
194.55%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
901
2025
- -
- -
1,019
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.44
2025
- -
- -
0.58
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.28
2025
- -
- -
0.82
2026
- -
- -
- -

Company Description

CEO
Nerio Alessandri
Full Time Employees
2,639
Sector
Consumer durables
Industry
Recreational products
Address
Via Calcinaro, 2861 Cesena FO Italy 47521
IPO Date
May 3, 2016
Business
Technogym S.p.A. (TGYM.MI) manufactures and markets premium fitness, wellness, sport and health equipment along with connected digital services and AI-powered training solutions. The company offers cardio machines such as treadmills, indoor bikes and ellipticals; strength training equipment including selectorized lines like Pure Strength and Biostrength, functional rigs and free weights; premium Artis Luxury series in Sandstone color with Personal Tools for fitness clubs, luxury hotels, spas and real estate; Pilates reformers under Technogym Reform; and home fitness solutions via the Personal line with VisioWeb consoles. Technogym provides the MyWellness cloud platform for personalized workouts, Technogym Checkup for AI-based health assessments, on-demand classes, apps and a comprehensive ecosystem integrating over 200 partners; it serves business-to-business clients like wellness centers, hotels, corporate gyms, universities, sports teams and rehabilitation facilities as well as business-to-consumer retail channels through boutiques and pop-up stores. Founded in 1983 by Nerio Alessandri and headquartered at the Technogym Village wellness campus in Cesena, Italy, the company operates in over 100 countries across Europe, the Americas, Asia-Pacific, the Middle East, India and Africa with 14 branches worldwide and exports 90% of revenues. In 2025, Technogym launched its Healthness initiative as a scientific data-driven approach to preventive health and longevity under the Vision 2027 strategy; introduced Pure Strength platform, Artis Luxury updates, Technogym Reform for Pilates expansion and scaled AI offerings like Biostrength globally; reported record first-half revenues of EUR 458.3 million up 14.1% with double-digit growth in all regions and channels alongside adjusted EBITDA of EUR 84.8 million; partnered with World Athletics on RUN X, the first Treadmill Running World Championship; and secured a EUR 25 million loan from Cassa Depositi e Prestiti for low-impact production facilities while preparing as exclusive supplier for the Milano Cortina 2026 Olympics.

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