illimity Bank SpA

Chart & Performance

D1W1MN

No data to show

P/E

—

P/S

1.84

EPS

—

Div Yield, %

6.30%

Shrs. gr., 5y

5.22%

Rev. gr., 5y

22.48%

Revenues

179m

-67.16%

Net income

-38m

CFO

-8m

L-96.18%

Dividend

May 20, 20240.2488 EUR/sh

Profile

illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. The company operates through four divisions: Distressed Credit, Growth Credit, Investment Banking, and b-ilty. The Distressed Credit division is involved in the purchase of secured and unsecured corporate distressed loans on primary and secondary markets; provision of financing services primarily in the form of senior financing to investors in distressed loans; and management of corporate non-performing loans portfolios and underlying assets. The Growth Credit division is involved in the financing of the supply chains of the operators of Italian chains and industrial districts through the activity of recourse and non-recourse purchasing of customers' trade receivables; and financing to businesses; and financing solutions for acquisition activities. It also engages in the purchase of loans that are classified as unlikely-to-pay. The Investment Banking division operates in capital markets; implements complex financial transactions for the bank and companies; and provides corporate solutions, which invests in corporate bonds and alternative debts, as well as offers solutions to SMEs and Mid Caps to hedge market risks. The b-ilty division offers digital banking and lending products and services to business customers. Its products include deposits and current accounts; and account aggregator services, as well as digital credit and insurance products. The company also manages the assets of closed end alternative investment funds, own funds, and third-party institutional investors funds. illimity Bank S.p.A. is headquartered in Milan, Italy.

URL

https://www.illimity.com/

IPO date

Mar 05, 2019

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	178,612 -67.16%	543,839 107.87%	261,619 26.07%
Cost of revenue	64,736	305,285	88,537
Unusual Expense (Income)
NOPBT	113,876	238,554	173,082
NOPBT Margin	63.76%	43.86%	66.16%
Operating Taxes	(12,319)	47,927	25,536
Tax Rate		20.09%	14.75%
NOPAT	126,195	190,627	147,546
Net income	(38,400) -136.78%	104,400 38.60%	75,326 14.84%
Dividends	(20,911)	(15,049)
Dividend yield	7.57%	3.22%
Proceeds from repurchase of equity			(100)
BB yield			0.02%
Debt
Debt current			761,663
Long-term debt		26,844	713,685
Deferred revenue			683,554
Other long-term liabilities			(686,906)
Net debt	(4,007,953)	(2,608,440)	(775,673)
Cash flow
Cash from operating activities	(7,627)	(199,810)	200,549
CAPEX	(2,010)	(2,230)	(27,384)
Cash from investing activities	(10,997)	(34,222)	(27,451)
Cash from financing activities	(25,808)	(15,049)	(100)
FCF	176,602	970,824	(491,610)
Balance
Cash	414,096	431,696	703,661
Long term investments	3,593,857	2,203,588	1,547,360
Excess cash	3,999,022	2,608,092	2,237,940
Stockholders' equity	21,678	332,268	808,195
Invested Capital	8,380,848	6,799,554	6,242,968
ROIC	1.66%	2.92%	2.87%
ROCE	1.36%	3.34%	2.45%
EV
Common stock shares outstanding	83,997	85,471	83,180
Price	3.29 -39.74%	5.46 -20.87%	6.90 -47.61%
Market cap	276,349 -40.78%	466,670 -18.69%	573,944 -42.19%
EV	(3,726,315)	(2,136,157)	(201,724)
EBITDA	113,876	238,554	155,811
EV/EBITDA
Interest	276,731	202,729	74,558
Interest/NOPBT	243.01%	84.98%	43.08%