A2A SpA
MIL:A2A

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A2A SpA
MIL:A2A
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Price: 2.39 EUR -1.48% Market Closed
Market Cap: 7.5B EUR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-18%
5Y
+103%
10Y
+324%
Operating Income
+
3Y
+117%
5Y
+106%
10Y
+276%
Net Income
+
3Y
+73%
5Y
+125%
10Y
+7 067%

Earnings Waterfall
A2A SpA

Revenue
20.6B EUR
Cost of Revenue
-15.2B EUR
Gross Profit
5.5B EUR
Operating Expenses
-3.5B EUR
Operating Income
2B EUR
Other Expenses
-712m EUR
Net Income
1.3B EUR

Income Statement
A2A SpA

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Income Statement
Currency: EUR
Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
0
0
113
0
0
0
69
0
0
0
27
0
0
0
144
0
0
0
117
0
0
0
135
0
0
0
144
0
0
0
0
0
0
0
0
0
0
0
163
0
0
0
140
0
0
0
134
0
0
0
113
0
0
0
108
0
0
0
98
0
0
0
77
0
0
0
68
0
0
0
92
0
0
0
167
0
0
0
170
0
0
Revenue
1 977
N/A
1 982
+0%
3 155
+59%
4 458
+41%
5 529
+24%
6 699
+21%
6 990
+4%
5 394
-23%
4 471
-17%
3 556
-20%
7 209
+103%
3 756
-48%
4 513
+20%
5 248
+16%
6 094
+16%
6 208
+2%
5 926
-5%
5 665
-4%
5 910
+4%
5 284
-11%
5 439
+3%
5 507
+1%
6 041
+10%
6 124
+1%
6 194
+1%
6 306
+2%
6 198
-2%
6 313
+2%
6 409
+2%
6 742
+5%
6 480
-4%
6 141
-5%
6 035
-2%
5 643
-6%
5 604
-1%
5 466
-2%
5 341
-2%
5 156
-3%
4 984
-3%
4 912
-1%
4 869
-1%
4 990
+2%
4 921
-1%
4 829
-2%
4 777
-1%
4 765
0%
4 860
+2%
5 195
+7%
5 341
+3%
5 525
+3%
5 796
+5%
5 872
+1%
5 959
+1%
6 053
+2%
6 494
+7%
8 229
+27%
10 671
+30%
10 903
+2%
7 324
-33%
10 700
+46%
10 170
-5%
10 125
0%
6 848
-32%
10 656
+56%
11 528
+8%
12 296
+7%
11 549
-6%
19 474
+69%
25 209
+29%
29 898
+19%
23 156
-23%
35 378
+53%
33 579
-5%
29 461
-12%
14 758
-50%
21 146
+43%
19 248
-9%
19 291
+0%
12 857
-33%
19 831
+54%
20 631
+4%
Gross Profit
Cost of Revenue
(946)
(969)
(1 716)
(2 644)
(3 185)
(3 810)
(3 969)
(3 600)
(3 272)
(2 890)
(5 270)
(3 097)
(3 604)
(4 099)
(4 292)
(4 362)
(4 102)
(3 885)
(4 118)
(3 587)
(3 717)
(3 785)
(4 129)
(4 182)
(4 257)
(4 382)
(4 396)
(4 571)
(4 632)
(4 846)
(4 559)
(4 143)
(3 950)
(3 624)
(3 573)
(3 460)
(3 386)
(3 171)
(3 053)
(2 941)
(2 921)
(3 045)
(2 994)
(2 924)
(2 815)
(2 793)
(2 874)
(3 093)
(3 270)
(3 470)
(3 688)
(3 801)
(3 888)
(3 988)
(4 342)
(5 696)
(7 567)
(7 720)
(5 159)
(7 441)
(6 926)
(6 919)
(4 691)
(7 346)
(8 043)
(8 785)
(9 096)
(15 851)
(21 558)
(26 008)
(20 520)
(31 206)
(29 195)
(25 059)
(11 589)
(16 217)
(13 887)
(13 844)
(9 222)
(14 351)
(15 174)
Gross Profit
1 030
N/A
1 013
-2%
1 439
+42%
1 814
+26%
2 344
+29%
2 889
+23%
3 021
+5%
1 794
-41%
1 199
-33%
666
-44%
1 939
+191%
659
-66%
909
+38%
1 149
+26%
1 802
+57%
1 846
+2%
1 824
-1%
1 780
-2%
1 792
+1%
1 697
-5%
1 722
+1%
1 722
N/A
1 912
+11%
1 942
+2%
1 937
0%
1 924
-1%
1 802
-6%
1 742
-3%
1 777
+2%
1 896
+7%
1 921
+1%
1 998
+4%
2 085
+4%
2 019
-3%
2 031
+1%
2 006
-1%
1 955
-3%
1 985
+2%
1 931
-3%
1 971
+2%
1 948
-1%
1 945
0%
1 927
-1%
1 905
-1%
1 962
+3%
1 972
+1%
1 986
+1%
2 102
+6%
2 071
-1%
2 055
-1%
2 108
+3%
2 071
-2%
2 071
N/A
2 065
0%
2 152
+4%
2 533
+18%
3 104
+23%
3 183
+3%
2 165
-32%
3 259
+51%
3 244
0%
3 206
-1%
2 157
-33%
3 310
+53%
3 485
+5%
3 511
+1%
2 453
-30%
3 623
+48%
3 651
+1%
3 890
+7%
2 636
-32%
4 172
+58%
4 384
+5%
4 402
+0%
3 169
-28%
4 929
+56%
5 361
+9%
5 447
+2%
3 635
-33%
5 480
+51%
5 457
0%
Operating Income
Operating Expenses
(713)
(713)
(997)
(1 344)
(1 741)
(2 120)
(2 247)
(1 468)
(994)
(579)
(1 114)
(175)
(336)
(461)
(1 095)
(1 059)
(1 066)
(1 097)
(1 177)
(1 138)
(1 161)
(1 168)
(1 405)
(1 325)
(1 340)
(1 362)
(1 383)
(1 221)
(1 223)
(1 296)
(1 418)
(1 446)
(1 493)
(1 475)
(1 505)
(1 488)
(1 478)
(1 467)
(1 414)
(1 404)
(1 415)
(1 391)
(1 355)
(1 363)
(1 321)
(1 324)
(1 313)
(1 572)
(1 575)
(1 336)
(1 371)
(1 294)
(1 289)
(1 326)
(1 414)
(1 913)
(2 316)
(2 374)
(1 472)
(2 243)
(2 271)
(2 242)
(1 602)
(2 403)
(2 507)
(2 549)
(1 788)
(2 679)
(2 730)
(2 828)
(1 972)
(2 814)
(3 076)
(3 078)
(2 148)
(3 210)
(3 324)
(3 338)
(2 308)
(3 429)
(3 455)
Selling, General & Administrative
(363)
(376)
(441)
(683)
(903)
(1 099)
(1 239)
(722)
(450)
(188)
(300)
(218)
(300)
(365)
(475)
(465)
(467)
(483)
(530)
(488)
(496)
(494)
(619)
(571)
(578)
(590)
(631)
(544)
(555)
(590)
(634)
(647)
(684)
(686)
(692)
(693)
(683)
(674)
(737)
(675)
(661)
(660)
(703)
(650)
(646)
(646)
(699)
(615)
(686)
(684)
(746)
(730)
(713)
(720)
(752)
(921)
(1 090)
(1 098)
(758)
(1 103)
(1 117)
(1 119)
(801)
(1 158)
(1 196)
(1 201)
(837)
(1 200)
(1 237)
(1 248)
(988)
(1 332)
(1 338)
(1 353)
(1 043)
(1 437)
(1 477)
(1 489)
(1 064)
(1 504)
(1 530)
Depreciation & Amortization
(172)
(176)
(242)
(447)
(561)
(665)
(551)
(581)
(442)
(337)
(585)
(214)
(250)
(285)
(308)
(315)
(323)
(340)
(363)
(379)
(392)
(396)
(427)
(435)
(438)
(447)
(415)
(386)
(389)
(416)
(489)
(518)
(537)
(528)
(486)
(481)
(474)
(470)
(446)
(429)
(416)
(397)
(395)
(393)
(393)
(402)
(403)
(417)
(402)
(408)
(410)
(408)
(414)
(411)
(463)
(583)
(736)
(805)
(502)
(816)
(835)
(800)
(547)
(859)
(915)
(938)
(666)
(1 036)
(1 067)
(1 114)
(722)
(1 150)
(1 180)
(1 205)
(801)
(1 278)
(1 336)
(1 317)
(884)
(1 364)
(1 391)
Other Operating Expenses
(178)
(161)
(314)
(214)
(277)
(356)
(457)
(165)
(102)
(54)
(229)
257
214
189
(312)
(279)
(276)
(274)
(284)
(271)
(273)
(278)
(359)
(319)
(324)
(325)
(337)
(291)
(279)
(290)
(295)
(281)
(272)
(261)
(327)
(314)
(321)
(323)
(231)
(300)
(338)
(334)
(257)
(320)
(282)
(276)
(211)
(540)
(487)
(246)
(215)
(156)
(162)
(195)
(199)
(409)
(490)
(471)
(212)
(326)
(318)
(323)
(254)
(385)
(396)
(410)
(285)
(443)
(426)
(466)
(262)
(332)
(558)
(520)
(304)
(493)
(511)
(534)
(360)
(561)
(534)
Operating Income
318
N/A
300
-5%
442
+47%
470
+6%
603
+28%
769
+28%
774
+1%
326
-58%
205
-37%
87
-58%
825
+848%
484
-41%
573
+18%
688
+20%
707
+3%
787
+11%
758
-4%
683
-10%
615
-10%
559
-9%
561
+0%
554
-1%
507
-8%
617
+22%
597
-3%
562
-6%
419
-25%
521
+24%
554
+6%
600
+8%
503
-16%
552
+10%
592
+7%
544
-8%
526
-3%
518
-2%
477
-8%
518
+9%
517
0%
567
+10%
533
-6%
554
+4%
572
+3%
542
-5%
641
+18%
648
+1%
673
+4%
530
-21%
496
-6%
719
+45%
737
+3%
777
+5%
782
+1%
739
-5%
738
0%
620
-16%
788
+27%
809
+3%
693
-14%
1 016
+47%
973
-4%
964
-1%
555
-42%
907
+63%
978
+8%
962
-2%
665
-31%
944
+42%
921
-2%
1 062
+15%
664
-37%
1 358
+105%
1 308
-4%
1 324
+1%
1 021
-23%
1 719
+68%
2 037
+18%
2 109
+4%
1 327
-37%
2 051
+55%
2 002
-2%
Pre-Tax Income
Interest Income Expense
21
52
(92)
101
38
45
(185)
302
382
372
59
173
114
114
26
39
26
17
(147)
(21)
(18)
(44)
(308)
(44)
(74)
(75)
(223)
(242)
(209)
(223)
(106)
(107)
(145)
(159)
(170)
(199)
(221)
(204)
(206)
(211)
(188)
(185)
(136)
(127)
(123)
(123)
(146)
(156)
(161)
(155)
(128)
(105)
(96)
(97)
(102)
(135)
(171)
(171)
(111)
(156)
(132)
(126)
(77)
(114)
(93)
(98)
(62)
(102)
(91)
(114)
(68)
(147)
(179)
(195)
(141)
(206)
(185)
(185)
(108)
(184)
(214)
Non-Reccuring Items
(16)
(16)
(23)
(43)
(31)
(30)
(40)
10
1
0
(4)
(6)
(26)
(37)
(8)
(61)
(45)
(47)
(6)
(62)
(85)
(83)
(9)
(120)
(112)
(130)
(118)
(192)
(195)
(167)
(2)
(6)
4
24
(230)
(162)
(153)
(163)
(150)
(150)
(151)
(160)
(360)
(308)
(308)
(311)
(193)
0
0
(241)
(33)
0
0
25
(146)
0
0
0
(1)
0
0
0
(5)
0
(6)
0
(13)
0
145
145
155
0
(2)
(3)
(1)
(1)
0
1
(9)
(2)
2
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
Total Other Income
(36)
(59)
0
(158)
(200)
(242)
0
(182)
(147)
(105)
(278)
(143)
(150)
(181)
(153)
(226)
(213)
(395)
(229)
(299)
(297)
(60)
(56)
(37)
(29)
(43)
(36)
(62)
(67)
(86)
(77)
(58)
(51)
(19)
0
(6)
6
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
1
0
0
0
0
(2)
0
0
0
Pre-Tax Income
287
N/A
278
-3%
327
+18%
370
+13%
410
+11%
542
+32%
549
+1%
456
-17%
441
-3%
354
-20%
602
+70%
508
-16%
511
+1%
584
+14%
572
-2%
539
-6%
526
-2%
258
-51%
233
-10%
177
-24%
161
-9%
367
+128%
134
-63%
416
+210%
382
-8%
314
-18%
42
-87%
25
-40%
83
+232%
124
+49%
318
+156%
381
+20%
400
+5%
390
-3%
126
-68%
151
+20%
109
-28%
157
+44%
161
+3%
206
+28%
194
-6%
209
+8%
76
-64%
107
+41%
210
+96%
214
+2%
334
+56%
374
+12%
335
-10%
323
-4%
576
+78%
672
+17%
686
+2%
667
-3%
490
-27%
485
-1%
617
+27%
638
+3%
581
-9%
860
+48%
841
-2%
838
0%
473
-44%
793
+68%
879
+11%
865
-2%
590
-32%
842
+43%
975
+16%
1 092
+12%
751
-31%
1 211
+61%
1 128
-7%
1 127
0%
879
-22%
1 513
+72%
1 852
+22%
1 923
+4%
1 211
-37%
1 863
+54%
1 788
-4%
Net Income
Tax Provision
(71)
(69)
(75)
(89)
(6)
(102)
(142)
(105)
(191)
(108)
(115)
(82)
(138)
(170)
(227)
(231)
(206)
(149)
(145)
(110)
(102)
(129)
(158)
(162)
(163)
(164)
(148)
(162)
(168)
(181)
(128)
(128)
(128)
(118)
(51)
(50)
(58)
(60)
(179)
(185)
(155)
(149)
(133)
(125)
(162)
(181)
(122)
(148)
(135)
(130)
(192)
(197)
(193)
(185)
(157)
(159)
(209)
(214)
(189)
(278)
(269)
(269)
(99)
(202)
(83)
(71)
(36)
(169)
(353)
(399)
(344)
(485)
(433)
(423)
(199)
(381)
(501)
(488)
(319)
(472)
(447)
Income from Continuing Operations
215
209
252
281
404
440
407
351
250
246
487
426
373
414
345
308
320
109
88
67
59
238
(24)
254
219
150
(106)
(137)
(85)
(57)
190
253
272
272
75
101
51
97
(18)
21
39
60
(57)
(18)
48
33
212
226
200
193
384
475
493
482
333
326
408
424
392
582
572
569
374
591
796
794
554
673
622
693
407
726
695
704
680
1 132
1 351
1 435
892
1 391
1 341
Income to Minority Interest
(1)
(1)
(10)
(26)
(127)
(156)
(160)
(158)
(83)
(60)
(194)
(68)
(38)
(46)
(31)
(32)
(43)
(38)
(27)
(29)
(31)
(26)
112
119
147
168
496
492
474
460
(11)
(14)
(24)
(21)
(13)
(12)
(2)
(12)
(19)
(21)
(21)
(19)
130
132
127
125
1
5
10
16
(6)
(7)
(8)
(12)
(10)
(18)
(26)
(11)
(4)
1
1
(15)
(4)
(24)
(45)
(51)
(46)
(68)
(65)
(59)
(47)
(58)
(44)
(42)
(24)
(38)
(43)
(47)
(28)
(46)
(51)
Net Income (Common)
218
N/A
213
-2%
494
+132%
263
-47%
285
+8%
298
+5%
302
+1%
251
-17%
222
-12%
234
+5%
292
+25%
357
+22%
335
-6%
368
+10%
316
-14%
279
-12%
286
+3%
80
-72%
80
N/A
59
-26%
322
+446%
514
+60%
308
-40%
322
+5%
57
-82%
(14)
N/A
(420)
-2 900%
(432)
-3%
(418)
+3%
(359)
+14%
260
N/A
260
N/A
268
+3%
241
-10%
62
-74%
66
+6%
26
-61%
62
+138%
(37)
N/A
0
N/A
18
N/A
41
+128%
73
+78%
114
+56%
175
+54%
159
-9%
232
+46%
254
+9%
135
-47%
135
N/A
293
+117%
286
-2%
403
+41%
402
0%
344
-14%
343
0%
415
+21%
431
+4%
389
-10%
585
+50%
573
-2%
553
-3%
364
-34%
564
+55%
750
+33%
740
-1%
504
-32%
759
+51%
747
-2%
826
+11%
401
-51%
707
+76%
659
-7%
671
+2%
659
-2%
1 098
+67%
1 307
+19%
1 386
+6%
864
-38%
1 345
+56%
1 290
-4%
EPS (Diluted)
0.12
N/A
0.12
N/A
0.27
+125%
0.14
-48%
0.15
+7%
0.15
N/A
0.16
+7%
0.13
-19%
0.12
-8%
0.13
+8%
0.16
+23%
0.11
-31%
0.1
-9%
0.11
+10%
0.1
-9%
0.09
-10%
0.09
N/A
0.02
-78%
0.02
N/A
0.01
-50%
0.1
+900%
0.16
+60%
0.09
-44%
0.12
+33%
0.01
-92%
0
N/A
-0.13
N/A
-0.13
N/A
-0.13
N/A
-0.11
+15%
0.08
N/A
0.08
N/A
0.08
N/A
0.08
N/A
0.02
-75%
0.04
+100%
0
N/A
0.01
N/A
-0.01
N/A
0.01
N/A
0.01
N/A
0.02
+100%
0.02
N/A
0.04
+100%
0.06
+50%
0.05
-17%
0.07
+40%
0.08
+14%
0.04
-50%
0.04
N/A
0.09
+125%
0.09
N/A
0.12
+33%
0.12
N/A
0.1
-17%
0.1
N/A
0.12
+20%
0.13
+8%
0.12
-8%
0.19
+58%
0.18
-5%
0.18
N/A
0.12
-33%
0.18
+50%
0.24
+33%
0.24
N/A
0.17
-29%
0.24
+41%
0.23
-4%
0.26
+13%
0.11
-58%
0.21
+91%
0.21
N/A
0.21
N/A
0.21
N/A
0.35
+67%
0.42
+20%
0.44
+5%
0.28
-36%
0.43
+54%
0.41
-5%

See Also

Summary
A2A intrinsic value, competitors valuation, and company profile.
DCF Valuation
A2A stock valuation using Discount Cash Flow valuation method.
Relative Valuation
A2A stock valuation using valuation multiples.
Wall Street Estimates
A2A price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
A2A stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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