Innovatec SpA

Innovatec SpA

0.23
EUR
-0.01
(-2.31%)
107.44MMarket Cap
Mar 03Next 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
0.25
1.25
1.53
1.29
1.38
0.47
0.59
0.31
1.5
3.01
2.35
2.25
0.26
- -
Basic EPS, GAAP
-0.01
-0.17
-0.79
-1.1
0.11
0.25
0.07
0.01
0.07
0.11
- -
-0.11
-0.05
- -
Free Cash Flow per Basic Share
-1.76
-1.38
0.09
-0.04
0.18
0.04
0.13
0.05
0.28
0.1
0.07
0.32
0.03
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.71
1.54
0.75
-0.63
-0.52
0.13
0.18
0.19
0.27
0.43
0.43
0.33
0.05
0.33
Tangible Book Value per Share
0.57
0.39
-0.16
-0.96
-0.58
0.05
0.03
-0.14
-0.62
-0.56
-0.13
-0.47
-0.1
-0.47
Basic Weighted Avg Shares
8
8
15
30
30
66
77
90
93
96
96
96
96
96
Sales/Revenue/Turnover
2
11
23
39
42
31
46
28
140
290
226
217
25
- -
Operating Margin (%)
-4.5
-22.19
-52.95
-91.09
-37.47
14.95
35.01
45.82
19.04
12.84
14.25
1.44
-15.93
- -
Depreciation Expense
- -
2
7
6
5
3
2
- -
15
11
15
27
2
- -
Net Income, GAAP
- -
-1
-12
-33
3
17
5
1
6
11
- -
-10
-5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
8.39
10.18
54.56
37.12
31.36
92.94
- -
- -
- -
Profit Margin (%)
-2.03
-13.43
-51.46
-84.83
7.74
53.59
11.08
2.42
4.55
3.67
0.03
-4.68
-18.65
- -
Working Capital
5
7
1
-9
-6
7
9
12
21
2
2
-14
-9
-14
LT Debt
- -
16
23
23
19
4
3
2
17
33
48
47
3
47
Total Equity
15
14
13
-18
-15
9
14
19
31
47
48
43
9
43
Return on Invested Capital (%)
- -
- -
- -
- -
- -
23.72
15.69
2.36
15.07
15.79
0.72
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
139.34
27.54
3.23
15.47
15.31
0.25
- -
- -
- -
Return on Common Equity (%)
- -
-10.34
-97.08
- -
- -
- -
44.59
4.32
29.92
31.67
0.15
-27.48
-25.32
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
24
26
25
LT Borrowings
48
38
47
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
96
96
96
Market Capitalization
122
96
107

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
163
127
126
Cash, Cash Equivalents & STI
16
12
10
Accounts Receivable, Net
45
40
51
Inventories
20
20
27
Total Current Liabilities
161
129
140
Payables & Accruals
- -
- -
- -
ST Debt
24
26
25
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-28.44%
4.97%
-79.76%
Free Cash Flow
13.79%
131.58%
-91.52%
Net Income, GAAP
-1,507.69%
-3,080.95%
-53.92%
Sales/Revenue/Turnover
45.53%
79.07%
-88.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
226
2024
- -
- -
217
2025
- -
- -
25

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
-0.11
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
54
Sector
Industrial services
Industry
Engineering & construction
Address
Milan Italy
IPO Date
Dec 20, 2013
Business
Innovatec S.p.A. is an Italy-based clean technology and energy management company that provides end-to-end energy efficiency, renewable power generation, and sustainability solutions for industrial, corporate, public administration, and residential clients. The company operates through specialized business divisions delivering comprehensive energy transition services, including the design, engineering, procurement, installation, commissioning, and maintenance of rooftop and ground-mounted photovoltaic and agrivoltaic systems; high-efficiency cogeneration and trigeneration plants; industrial waste heat recovery systems and commercial heat pumps; battery energy storage systems (BESS); smart building automation, LED relamping, and digital energy management platforms; Energy Performance Contracting (EPC) and project financing as a certified Energy Service Company (ESCo); electric power optimization equipment; and integrated building security and surveillance infrastructure. Through operating subsidiaries such as Innovatec Energy S.r.l. and Innovatec Power S.r.l., the group delivers customized decarbonization projects, sustainability consulting, and ESG reporting advisory throughout Italy and select European markets. Founded in 1938 and headquartered in Milan, Italy, the company is publicly traded on the Euronext Growth Milan exchange under the ticker symbol INC. In recent major corporate developments, Innovatec executed a comprehensive strategic reorganization highlighted by the reverse demerger of its environmental and circular economy division into a distinct, separately listed company, Haiki+ S.p.A., which commenced independent trading on Euronext Growth Milan in January 2025. This demerger separated the group's waste management, material recovery, specialized landfill, and WEEE recycling assets—which had recently expanded through the integration of Ecosavona and Treee group recycling assets—allowing Innovatec S.p.A. to operate as a focused industrial holding company exclusively dedicated to expanding its core energy efficiency, distributed renewable generation, and corporate decarbonization service portfolios.