← NATUZZI S P A

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income — — — — — ($540k) ($16.1m) ($15.2m) ($29.9m)
Net Income From Continuing Operations — — — — — $1.3m ($16.2m) ($15.4m) ($30.6m)
Depreciation $10.9m $10.2m $24.2m $23.3m $20.3m $20.6m $21.3m $19.6m $18.8m
Amortization Cash Flow — — — — — $1.0m $1.0m $1.6m $2.2m
Amortization Of Intangibles — — — — — $1.0m $1.0m $1.6m $2.2m
Depreciation Amortization Depletion — — — — — $21.6m $22.4m $21.2m $21.0m
Deferred Income Tax — — — — — $2.3m $1.1m $684k $1.0m
Deferred Tax — — — — — $2.3m $1.1m $684k $1.0m
Impairment of non-financial assets — — — $2.5m $1.2m $890k $0 $441k $8.2m
Asset Impairment Charge — — — — — $890k $0 $441k $8.2m
(Gain)/loss on sale of property, plant and equipment $73k ($171k) — $1.0m ($2.1m) ($39k) $117k $110k ($4.2m)
Interest expenses $4.6m $3.8m $5.9m $6.0m $4.7m $6.5m $7.1m $7.0m $6.1m
Earnings (Loss)es From Equity Investments — — — — — ($356k) ($2.9m) ($389k) $371k
Adjustments For Income Tax Expense $2.9m $7.4m $2.3m $4.3m $4.4m $2.3m $1.1m $684k —
Additional Financial Items
Profit/(loss) for the year ($30.8m) $33.1m ($33.7m) ($24.9m) $4.4m $1.3m ($16.2m) ($15.4m) ($30.6m)
Amortisation $1.6m $910k $917k $907k $1.1m $1.0m $1.0m $1.6m $2.2m
Deferred income for capital grants ($989k) ($769k) ($1.6m) ($1.2m) ($1.3m) ($1.5m) ($1.6m) ($1.5m) ($1.4m)
Rent concessions — — — ($1.8m) ($1.5m) ($635k) $0 $0 $0
Unrealised foreign exchange (gains)/losses ($1.1m) $174k $525k ($486k) $454k ($1.5m) $748k $355k ($301k)
(Gain) from loss of control in a former subsidiary — ($75.4m) — — ($5.0m) — — — —
Share of (profit)/loss of equity-method investees ($18k) $290k ($1.0m) ($1.5m) ($3.6m) ($356k) ($2.9m) ($389k) $371k
Tax expense $2.9m $7.4m $2.3m $4.3m $4.4m $2.3m $1.1m $684k $1.0m
Inventories ($1.4m) $6.0m $14.5m $4.8m ($16.0m) $10.1m $8.0m ($728k) $13.3m
Trade and other receivables $5.7m ($3.7m) $13.6m ($7.1m) ($5.8m) ($1.2m) $7.3m $2.4m $3.9m
Other assets $1.5m ($1.7m) ($671k) $1.1m ($2.7m) $4.3m $2.5m $146k $65k
Trade and other payables $11.9m $7.4m ($9.5m) $17.8m $13.1m ($7.8m) ($14.2m) $5.1m ($7.6m)
Contract liabilities $3.2m $12.3m $1.0m $1.1m $4.0m ($4.1m) $3.0m $2.8m ($3.7m)
Provisions $3.7m ($3.7m) ($1.5m) ($703k) ($4.6m) ($865k) ($1.4m) ($2.6m) ($2.4m)
One-time termination benefit payments ($8.3m) ($1.4m) ($3.8m) ($3.8m) ($275k) ($42k) ($3.0m) ($9.6m) ($658k)
Employees’ leaving entitlement ($606k) ($1.1m) ($1.7m) ($396k) ($940k) ($446k) ($1.4m) ($1.1m) ($364k)
Cash provided by (used in) operating activities $2.8m ($5.2m) $10.8m $20.8m $9.7m $28.6m $11.5m $9.0m $2.8m
Additions ($6.7m) ($7.3m) ($3.8m) ($2.1m) ($3.5m) ($8.4m) ($10.3m) ($5.2m) ($6.2m)
Disposals $760k $572k $66k $2.9m $4.5m $624k $0 $4.1m $10.1m
Intangible assets ($845k) ($878k) ($913k) ($792k) ($1.5m) ($1.2m) ($1.5m) ($1.9m) ($1.4m)
Government grants received for PPE — — $1.3m — $507k — $918k $0 $203k
Other current financial receivables — — — — — — $0 ($1.3m) ($2.0m)
Disposal of a business, net of cash disposed of — $22.2m — — $5.5m $1.1m $0 $0 $0
Proceeds $12.5m — $4.6m $875k $5.9m $4.0m $10.9m $3.3m $17.8m
Repayments ($4.7m) ($4.8m) ($6.0m) ($2.7m) ($4.8m) ($4.5m) ($8.7m) ($4.8m) ($4.7m)
Short-term borrowings $6.0m $7.4m ($11.2m) $6.5m $6.2m ($7.4m) ($6.7m) ($798k) ($2.0m)
Payment of lease liabilities — — ($12.0m) ($9.9m) ($10.1m) ($10.0m) ($11.1m) ($10.3m) ($9.5m)
Proceeds from increase in share capital — — — — — $55k $0 $0 $0
Capital contribution by non-controlling interests — — $346k — $1.3m $4.9m $0 $0 $150k
Operating Cash Flow ($4.9m) ($11.3m) $4.7m $12.3m $537k $18.7m $3.2m $1.7m ($4.5m)
Cash Flow From Continuing Operating Activities ($4.9m) ($11.3m) $4.7m $12.3m $537k $18.7m $3.2m $1.7m ($4.5m)
Beginning Cash Position — — — — — $52.2m $52.7m $31.6m $17.0m
Cash Flow From Continuing Financing Activities — — — — — ($13.5m) ($15.7m) ($12.8m) $1.4m
Cash Flow From Continuing Investing Activities — — — — — ($4.6m) ($7.9m) ($4.3m) $2.8m
Change In Inventory — — — — — $10.1m $8.0m ($728k) $13.3m
Change In Other Current Assets — — — — — $4.3m $2.5m $146k $65k
Change In Other Working Capital — — — — — ($5.4m) $169k ($857k) ($6.4m)
Change In Payable — — — — — ($7.8m) ($14.2m) $5.1m ($7.6m)
Change In Payables And Accrued Expense — — — — — ($7.8m) ($14.2m) $5.1m ($7.6m)
Change In Receivables — — — — — ($1.2m) $7.3m $2.4m $3.9m
Change In Working Capital — — — — — $30k $3.8m $6.0m $3.2m
Changes In Cash — — — — — $527k ($20.4m) ($15.4m) ($281k)
End Cash Position — — — — — $52.7m $31.6m $17.0m $16.1m
Financing Cash Flow — — — — — ($13.5m) ($15.7m) ($12.8m) $1.4m
Free Cash Flow — — — — — $9.1m ($8.6m) ($5.4m) ($12.1m)
Gain Loss On Sale Of Business — — — — ($5.0m) $0 $0 — —
Gain Loss On Sale Of PPE — — — — — ($39k) $117k $110k ($4.2m)
Investing Cash Flow — — — — — ($4.6m) ($7.9m) ($4.3m) $2.8m
Issuance Of Capital Stock — — — — — $55k $0 $0 $0
Net Business Purchase And Sale — — — — — $639k $0 $0 $0
Net Foreign Currency Exchange Gain Loss — — — — — ($1.5m) $748k $355k ($301k)
Net Intangibles Purchase And Sale — — — — — ($1.2m) ($1.5m) ($1.9m) ($1.4m)
Net PPE Purchase And Sale — — — — — ($7.8m) ($10.3m) ($1.1m) $3.8m
Operating Gains Losses — — — — — ($1.8m) ($2.0m) $76k ($4.2m)
Other Non Cash Items — — — — — $4.3m $2.4m ($4.0m) $4.1m
Purchase Of Business — — — — — ($461k) $0 $0 $0
Purchase Of PPE — $7.3m $3.8m $2.1m $3.5m ($8.4m) ($10.3m) ($5.2m) ($6.2m)
Sale Of Business — — — — — $1.1m $0 $0 $0
Sale Of PPE — — — — — $624k $0 $4.1m $10.1m
Adjustments For Unrealised Foreign Exchange Losses Gains ($1.1m) $174k $525k ($486k) $454k ($1.5m) $748k $355k —
General And Administrative Expense $36.1m $35.3m $34.0m $29.4m $33.3m $35.5m $37.6m $36.0m —
Goodwill $3.8m $3.9m $4.1m $1.9m — — — — —
Increase Decrease In Working Capital — — $4.9m — — — — — —
Payments Of Lease Liabilities Classified As Financing Activities — — $12.0m $9.9m $10.1m $10.0m $11.1m $10.3m —
Proceeds From Borrowings Classified As Financing Activities — — — — $0 $0 $0 — —
Purchase Of Intangible Assets Classified As Investing Activities $845k $878k $913k $792k $1.5m $1.2m $1.5m $1.9m —
Repayments Of Borrowings Classified As Financing Activities — — — — $0 $0 $0 — —
Total adjustment $17.9m ($53.6m) $31.3m $33.0m $18.6m $27.3m $26.9m $27.9m $30.8m
Total changes $15.8m $15.3m $13.2m $12.7m ($13.3m) ($12k) $736k ($3.6m) $2.5m
Profit or Loss ($30.8m) $33.1m ($33.7m) ($24.9m) $4.4m $1.3m ($16.2m) ($15.4m) —
Net cash provided by (used in) operating activities ($4.9m) ($11.3m) $4.7m $12.3m $537k $18.7m $3.2m $1.7m ($4.5m)
Cash flows from investing activities:
Capital Expenditure — — — — — ($9.6m) ($11.8m) ($7.1m) ($7.7m)
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities $760k $572k $66k $2.9m $4.5m $624k $117k $4.1m ($4.2m)
Purchase of business, net of cash acquired ($3.6m) — — — ($270k) ($461k) $0 $0 $0
Net Other Investing Changes — — — — $507k — $918k ($1.3m) ($1.8m)
Net cash provided by (used in) investing activities ($10.4m) $14.6m ($3.3m) $2.3m $7.0m ($4.6m) ($7.9m) ($4.3m) $2.8m
Cash flows from financing activities:
Issuance Of Debt — — — — — $4.0m $10.9m $3.3m $17.8m
Long Term Debt Issuance — — — — — $4.0m $10.9m $3.3m $17.8m
Net Issuance Payments Of Debt — — — — — ($17.9m) ($15.6m) ($12.6m) $1.7m
Net Long Term Debt Issuance — — — — — ($10.5m) ($8.9m) ($11.8m) $3.6m
Net Short Term Debt Issuance — — — — — ($7.4m) ($6.7m) ($798k) ($2.0m)
Long Term Debt Payments — — — — — ($14.5m) ($19.8m) ($15.1m) ($14.2m)
Repayment Of Debt — — — — — ($14.5m) ($19.8m) ($15.1m) ($14.2m)
Common Stock Issuance — — — — — $55k $0 $0 $0
Net Common Stock Issuance — — — — — $55k $0 $0 $0
Dividends from equity-accounted investees — — — $2.3m $1.7m $3.7m $3.0m $77k $2.2m
Dividends distribution to non-controlling interests ($1.3m) ($453k) — ($388k) ($545k) ($551k) ($135k) ($149k) ($419k)
Dividends Received CFI — — — — — $3.7m $3.0m $77k $2.2m
Dividends paid $726k $453k — $388k $545k $551k $135k $74k —
Net Other Financing Charges — — — — — $4.3m ($135k) ($149k) ($269k)
Net cash provided by (used in) financing activities $12.4m $2.2m ($24.2m) ($5.6m) ($2.0m) ($13.5m) ($15.7m) ($12.8m) $1.4m
Effect of movements in exchange rates on cash held ($2.6m) ($77k) $298k ($788k) $636k ($55k) ($784k) $782k ($567k)
Effect Of Exchange Rate Changes — — — — — ($55k) ($784k) $782k ($567k)
Increase (decrease) in cash and cash equivalents ($2.9m) $5.4m ($22.8m) $9.0m $5.5m $527k ($20.4m) ($15.4m) ($281k)
Cash and cash equivalents as at January 1 $55.0m $60.4m $37.8m $46.1m $52.2m $52.7m $31.6m $17.0m $16.1m
Change In Cash Supplemental As Reported — — — — — $527k ($20.4m) ($15.4m) ($281k)
Interest paid ($2.8m) ($3.0m) ($5.1m) ($4.7m) ($5.0m) ($5.7m) ($5.6m) ($7.0m) ($5.9m)
Interest Paid Classified As Operating Activities $2.8m $3.0m $5.1m $4.7m $5.0m $5.7m $5.6m $7.0m ($5.9m)
Income taxes paid ($4.9m) ($3.1m) ($1.0m) ($3.9m) ($4.2m) ($4.2m) ($2.6m) ($292k) ($1.4m)
Income Taxes Paid Refund Classified As Operating Activities $4.9m $3.1m $1.0m $3.9m $4.2m $4.2m $2.6m $292k ($1.4m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.