Bellini Nautica S.P.A.

Bellini Nautica S.P.A.

MMIL:BELL
4.42
EUR
0.00
(0.00%)
19.78MMarket Cap
Mar 03Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.74
1.72
2.08
1.84
3.17
3.76
- -
Basic EPS, GAAP
- -
0.2
0.11
0.04
-0.03
0.01
- -
Free Cash Flow per Basic Share
-0.08
-0.08
-0.66
-0.15
-0.23
-0.44
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.22
0.42
1.06
1.13
1.12
1.52
1.12
Tangible Book Value per Share
0.22
0.41
0.95
1.01
0.88
1.18
0.88
Basic Weighted Avg Shares
6
6
6
6
6
6
6
Sales/Revenue/Turnover
5
11
13
12
20
24
- -
Operating Margin (%)
-1.55
17.15
12.02
3.68
1.38
2.23
- -
Depreciation Expense
- -
- -
- -
- -
1
1
- -
Net Income, GAAP
- -
1
1
- -
- -
- -
- -
Effective Tax Rate (%)
144.44
31.73
39.79
- -
622.76
51.53
- -
Profit Margin (%)
-0.06
11.68
5.07
2.05
-0.99
0.37
- -
Working Capital
1
2
7
8
8
10
8
LT Debt
1
1
1
1
2
2
2
Total Equity
1
3
7
7
7
12
7
Return on Invested Capital (%)
- -
27.05
9.5
- -
-8.76
1.46
- -
Return on Capital (%)
- -
31.26
9.53
- -
-13.09
1.38
- -
Return on Common Equity (%)
- -
63.39
14.32
3.45
-2.79
1.04
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
3
3
3
LT Borrowings
1
- -
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
10
19
20

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
17
15
18
Cash, Cash Equivalents & STI
- -
1
1
Accounts Receivable, Net
6
5
6
Inventories
9
8
10
Total Current Liabilities
9
9
10
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
62.92%
57.41%
Free Cash Flow
- -
156.54%
94.3%
Net Income, GAAP
- -
-8,588%
-143.69%
Sales/Revenue/Turnover
- -
46.43%
18.51%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
12
2024
- -
- -
20
2025
- -
- -
24

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
-0.03
2025
- -
- -
0.01

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Battista Bellini
Sector
Retail trade
Industry
Specialty stores
Address
Clusane Italy
IPO Date
Jun 13, 2022
Business
Bellini Nautica S.p.A. is an Italy-based luxury marine company engaged in the design, manufacturing, restoration, brokerage, and full-lifecycle servicing of premium motor yachts and classic collectible watercraft. Founded in 1960 and headquartered in Clusane d'Iseo, Brescia, Italy, the company operates through four core business divisions: Bellini Yacht, Bellini Classic, Italian Dealer, and Bellini Services. Bellini Nautica offers proprietary open walkaround luxury motor yachts under the Bellini Yacht brand, comprising the Astor series (including the Astor 36, Astor 38, Astor 38 OTB, Astor 58, and Astor 68 models) as well as the Eternal line of steel and aluminum superyachts; custom yacht personalization, styling, and material tailoring through its B Atelier program; worldwide restoration, preservation, and commercial trading of vintage wooden motorboats, with a primary specialization in historical Riva runabouts; new vessel distribution as an authorized dealer alongside certified pre-owned yacht brokerage across 6- to 24-meter categories; comprehensive maritime infrastructure and after-sales support services, including dry storage, winterization, mechanical maintenance, engine overhauls, composite and wooden hull refitting, yacht painting, mooring, refueling, and maritime regulatory consulting; and the retail distribution of marine electronics, nautical hardware, accessories, and branded lifestyle merchandise. The company operates shipyards and service centers across northern Italy, including Lake Iseo, Corte Franca, Rimini, and Varazze, serving high-net-worth individuals, maritime collectors, and leisure yachting clients throughout Europe and international luxury markets. In recent developments, Bellini Nautica established Bellini Yacht S.r.l. to revive its proprietary yacht production in partnership with nautical pioneer Norberto Ferretti and yacht designer Brunello Acampora; expanded its Adriatic service network through the acquisition and integration of Rimini Service Yacht & Sail S.r.l. via its subsidiary Lusso Nautica S.r.l. in partnership with Blue Luxury; entered into a strategic collaboration with Monaco-based Lanéva to engineer 100% electric powertrain retrofits for classic vintage boats; broadened its international sales network by appointing Korlas Marine as the exclusive distributor for Turkey; and completed a 2.76 million euro capital increase in Bellini Yacht to accelerate production capacity and global commercial expansion.