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RACE - Ferrari N.V.

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Ferrari N.V.

RACE

NYSE

Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hyper cars; one-off and track cars; and Icona cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. In addition, the company licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods; Ferrari World, a theme park in Abu Dhabi, the United Arab Emirates; and Ferrari Land Portaventura, a theme park in Europe. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks, as well as owns and manages two museums in Maranello and Modena, Italy; and develops and sells a line of apparel and accessories through its monobrand stores. As of December 31, 2021, it had a total of 30 retail Ferrari stores, including 14 franchised stores and 16 owned stores. The company also sells its products through a network of 172 authorized dealers operating 191 points of sale worldwide, as well as through its website, store.ferrari.com. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

462.84 USD

2.72 (0.588%)

RACE Financial Statements

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Total Revenue

1.74B

1.64B

1.71B

1.58B

Cost of Revenue

864.22M

827.07M

856.56M

781.63M

Gross Profit

871.33M

817.37M

855.5M

803M

Operating Expenses

403.39M

347.42M

347.24M

355.12M

Research and Development

246.1M

212.49M

204.36M

231.14M

Selling, General & Administrative Expenses

159.36M

134.93M

142.88M

123.97M

Selling & Marketing Expenses

77.16M

68.23M

77.74M

65.41M

General & Administrative Expenses

82.2M

66.69M

65.14M

58.57M

Other Expenses

-2.07M

0

-939k

-7.32M

Operating Income

467.93M

469.95M

508.26M

447.88M

Total Other Income/Expenses Net

4.37M

-4.22M

-467k

-7.61M

Income Before Tax

472.3M

465.73M

508.73M

438.75M

Income Tax

86.8M

90.82M

97.38M

88.05M

Net Income

384.22M

374.17M

412.11M

351.37M

Basic EPS

2.14

2.08

2.29

1.95

EPS Diluted

2.13

2.08

2.29

1.95

Basic Average Shares

179.74M

179.59M

179.95M

180.25M

Diluted Average Shares

179.99M

179.84M

180.21M

180.53M

EBITDA

653.88M

647.7M

678.56M

610.51M

Retained Earning Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Retained Earnings (Previous Year)

3.28B

3.05B

3.21B

2.99B

Net Income

384.22M

374.17M

412.11M

351.37M

Stock Repurchases

-150.52M

-146.79M

-147.46M

-136.32M

Dividend Paid

-1.8M

-24.59M

-413.52M

0

Retained Earnings

3.52B

3.28B

3.05B

3.21B

Other Distributions

87.17M

61.84M

-729.83M

84.65M

PPE Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Gross PPE

1.83B

1.77B

1.71B

1.63B

Annual Depreciation

174.36M

171.26M

158.34M

162.8M

Capital Expenditure

-277.08M

-124.88M

-268.38M

-194.58M

Net PPE

1.93B

1.72B

1.82B

1.66B

Intangible and Goodwill Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

785.18M

785.18M

785.18M

785.18M

Goodwill

785.18M

785.18M

785.18M

785.18M

All figures are in EUR.

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