Financial highlights
The important result achieved in 2024 does not represent just a milestone, but a new starting point to us, reflected in our Technogym Vision 2027: starting from the experience of 40 years of Wellness, we are determined to develop Healthness™, entering into Life Sciences.
Science shows that physical exercise is medicine, and thanks to the trillions of data collected on our digital ecosystem and our
investments in artificial intelligence, we can now prescribe exercise with precise, hyper-personalized posology tailored
to each individual’s goals, conditons and aspirations.
Prevent diseases before they manifest will be the greatest revolution of our time—shifting from merely treating the sick to actively keeping healthy individuals from becoming ill. In this scenario, Technogym positions itself as the enabler for healthy longevity.
Nerio Alessandri
Highlights
| EUR million | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| MAIN METRICS | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Revenue | 555 | 587 | 634 | 669 | 510 | 611 | 721 | 808 | 901 |
| EBITDA adj | 100 | 120 | 134 | 148 | 97 | 107 | 132 | 152 | 178 |
| EBIT | 68 | 91 | 107 | 108 | 54 | 79 | 83 | 97 | 119 |
| Net Profit | 43 | 61 | 93 | 83 | 36 | 63 | 64 | 74 | 87 |
| tax rate | 34.3% | 28.7% | 13.0% | 21.3% | 24.1% | 20.7% | 23.3% | 23.1% | 27.5% |
| Trade Working Capital | 40.7 | 55.4 | 97.1 | 76.8 | 49.7 | 53.0 | 37.9 | 68 | 65 |
| Trade Working capital on sales | 7.3% | 9.4% | 15.3% | 11.5% | 9.7% | 8.7% | 5.3% | 8.4% | 7.2% |
| Capex | -64.4 | -24.9 | -32.5 | -36.4 | -23.0 | -27.0 | -34.3 | -35.3 | -39 |
| INDEBTEDNESS | |||||||||
| Net Financial Position | -78 | -41 | -35 | 4 | 59 | 96 | 122 | 127 | 160.1 |
| REMUNERATION | |||||||||
| Dividend Yeld % | 1.5% | 1.1% | 1.9% | 0.0% | 2.4% | 1.9% | 3.6% | 3.2% | 8.4% |
| Dividend (milion euro) | 13 | 18.1 | 36.2 | - | 44.3 | 32.2 | 50.3 | 50.3 | 159.3 |
| Total number of Shares | 200,000 | 201,005 | 201,005 | 201,005 | 201,328 | 201,328 | 201,328 | 201,328 | 201,328 |
| TGYM average share price | 4.3 | 8.1 | 9.6 | 11.6 | 9.3 | 8.5 | 7.3 | 8.1 | 9.4 |
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