Prada SpA

DB:PRP

Italy / Consumer Discretionary / Textiles, Apparel & Luxury Goods

Overview

Dividends

5Y Historical Financials

Stock Price

6.92 EUR


Key Metrics	Latest
Total Revenue	5.432 B
Adjusted EBITDA	1.515 B
EBITDA Margin	27.9%
Net Profit Margin	15.5%
Total Assets	8.55 B
Total Debt	2.787 B

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	2,422.74	3,365.67	4,200.67	4,726.41	5,431.56	5,431.56	4,726.41	5,431.56
% Growth		0.39	0.25	0.13	0.15			0.15

Adjusted EBITDA	339.83	687.63	1,056.34	1,260.82	1,515.07	1,515.07	1,260.82	1,515.07
% Margin	0.14	0.20	0.25	0.27	0.28	0.28	0.27	0.28

Adjusted EBIT	136.11	489.64	845.45	1,060.98	1,279.55	1,279.55	1,060.98	1,279.55
% Margin	0.06	0.15	0.20	0.22	0.24	0.24	0.22	0.24

Adjusted Net Income	31.35	295.10	520.35	673.39	843.40	843.40	673.39	843.40
% Margin	0.01	0.09	0.12	0.14	0.16	0.16	0.14	0.16

Adjusted Basic EPS	0.01	0.12	0.20	0.26	0.33	0.33	0.26	0.33

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Press Release
EUR	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	2,423	3,366	4,201	4,726	5,432	5,432	4,726	5,432
% Growth	NA	38.9%	24.8%	12.5%	14.9%			14.9%

Cost of Revenue	(679)	(818)	(889)	(925)	(1,095)	(1,095)	(925)	(1,095)
Gross Profit	1,743	2,547	3,312	3,802	4,337	4,337	3,802	4,337
% Revenue	72.0%	75.7%	78.8%	80.4%	79.8%	79.8%	80.4%	79.8%

Research and Development	(102)	(115)	(137)	(151)	(158)	(158)	(151)	(158)
Selling and Marketing	(1,351)	(1,715)	(2,063)	(2,293)	(2,556)	(2,556)	(2,293)	(2,556)
General and Admin	(154)	(227)	(266)	(297)	(343)	(343)	(297)	(343)
Other Inc / (Exp)	(137)	(25)	(94)	(39)	0	0	(39)	0
Total Operating Exp	(1,745)	(2,082)	(2,561)	(2,780)	(3,057)	(3,057)	(2,780)	(3,057)

Operating Income	(1)	465	751	1,022	1,280	1,280	1,022	1,280
% Revenue	0.0%	13.8%	17.9%	21.6%	23.6%	23.6%	21.6%	23.6%

Interest Expense	(51)	(43)	(40)	(51)	(91)	(91)	(51)	(91)
Pre-tax Income	(52)	422	711	971	1,189	1,189	971	1,189
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(3)	(127)	(242)	(298)	(345)	(345)	(298)	(345)
Net Income to Company	(54)	295	469	673	843	843	673	843
% Margin	-2.2%	8.8%	11.2%	14.2%	15.5%	15.5%	14.2%	15.5%

Minority Interest in Earnings	0	(1)	(4)	(2)	(4)	(4)	(2)	(4)
Net Income to Stockholders	(54)	294	465	671	839	839	671	839

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0

Net Income to Common	(54)	294	465	671	839	839	671	839
% Margin	-2.2%	8.7%	11.1%	14.2%	15.4%	15.4%	14.2%	15.4%

As Reported
Basic EPS (Continuing Ops)	(0.02)	0.11	0.18	0.26	0.33	0.33	0.26	0.33
Diluted EPS (Continuing Ops)	(0.02)	0.11	0.18	0.26	0.33	0.33	0.26	0.33

WA Basic Shares Out.	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82
WA Diluted Shares Out.	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82	2,558.82

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	(52)	422	711	971	1,189	1,189	971	1,189
Addback: Net Interest Expense	51	43	40	51	91	91	51	91
Addback: Other Non Operating Expenses, Total	21	25	25	39	0	0	39	0
Addback: Depreciation & Amortization	204	198	211	200	236	236	200	236
Addback: Restructuring Charges	116	0	19	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	0	0	0	0	0	0	0	0
Addback: Asset Writedown	0	0	42	0	0	0	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	8	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	0	0	0	0	0
Adjusted EBITDA	340	688	1,056	1,261	1,515	1,515	1,261	1,515
% Margin	14.0%	20.4%	25.1%	26.7%	27.9%	27.9%	26.7%	27.9%

Adjusted EBIT	136	490	845	1,061	1,280	1,280	1,061	1,280
% Margin	5.6%	14.5%	20.1%	22.4%	23.6%	23.6%	22.4%	23.6%

Adjusted Net Income Reconciliation
Net Income to Company	(54)	295	469	673	843	843	673	843
Addback: Unusual Items	116	0	69	0	0	0	0	0
Less: Tax Benefit of Unusual Items (26%)	(30)	0	(18)	0	0	0	0	0
Adjusted Net Income	31	295	520	673	843	843	673	843
% Margin	1.3%	8.8%	12.4%	14.2%	15.5%	15.5%	14.2%	15.5%

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Prada SpA

DB:PRP

Italy / Consumer Discretionary / Textiles, Apparel & Luxury Goods

5Y Historical Financials