Take Off S.p.A.

Equities

TKO

IT0005467425

Apparel & Accessories Retailers

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
0.798 ^EUR	+3.64%		+2.57%	-17.73%

Apr. 15	Take Off, core revenues drop in first quarter	AN
Apr. 10	ITALY GROWTH WINNERS & LOSERS: Culti Milan at the top; Tweppy in the red.	AN

Take Off, profit drops 72% in 2023; revenues at parity

March 28, 2024 at 07:08 am EDT

(Alliance News) - Take Off Spa reported Thursday that it ended 2023 with profit down 72 percent to EUR900,000 from EUR3.5 million as of Dec. 31, 2022.

Revenues stood at EUR29.8 million, unchanged from 2022.

Ebitda dropped 32% to EUR4.9 million from EUR7.3 million, with Ebitda amrgin to 16.5% from 24.4%.

Ebit 2023 is EUR1.5 million, down 69% from EUR5.0 million, with Ebit margin of 5.1% from 16.8% in 2022.

Net financial position is cash positive at EUR6.5 million from EUR7.0 million as of Dec. 31, 2022.

Take Off is in the green by 0.6% to EUR0.86 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Take Off S.p.A.

Take Off, core revenues drop in first quarter	Apr. 15	AN
ITALY GROWTH WINNERS & LOSERS: Culti Milan at the top; Tweppy in the red.	Apr. 10	AN
Take Off, profit drops 72% in 2023; revenues at parity	Mar. 28	AN
Take Off, in 2023 revenues in line with year before; Ebitda margin at 15 percent	Jan. 29	AN
ITALY GROWTH WINNERS & LOSERS: FAE soars after closing Elettronica GF	Dec. 22	AN
ITALY GROWTH WINNERS & LOSERS: Redelfi climbs double digits; up Take Off.	Dec. 13	AN
Take Off, independent director Fulvio Conti resigns	Dec. 06	AN
ITALY GROWTH WINNERS & LOSERS: Take Off at top; Doxee on bottom	Dec. 06	AN
Take Off, settlement agreement to resolve dispute with supplier Hangzhou Refine	Nov. 28	AN
Take Off reaches settlement agreement to resolve dispute with Hangzhou	Nov. 28	AN
Take Off, results of second warrant exercise period	Nov. 27	AN
Mib bearish; Asian stocks good after stimulus	23-10-25	AN
Mib rises just below 27,600; ERG rears its head again	23-10-24	AN
Mib bullish in 27,600 area; ERG top performer	23-10-24	AN
Take Off in 9 months increases revenues; possible store closures	23-10-23	AN
ITALY GROWTH WINNERS & LOSERS: Esi up after plan; Take Off falls	23-10-17	AN
Take Off closes 12 stores and will open two; no dividend at year-end	23-10-16	AN
ITALY GROWTH WINNERS & LOSERS: Ecosuntek the best; Vantea at the bottom	23-10-06	AN
Fourth edition of NextGems kicks off Oct. 17 and 18	23-10-04	AN
ITALY GROWTH WINNERS & LOSERS: Take Off best of all; IMD bad.	23-10-04	AN
ITALY GROWTH WINNERS & LOSERS: Take Off bullish; Green Oleo at bottom	23-09-29	AN
Take Off reduces profit in half-year, but increases revenues	23-09-25	AN
ITALY GROWTH WINNERS & LOSERS: Alfonsino up; Take Off down post accounts.	23-07-25	AN
Mib advances; other European futures in red	23-07-25	AN
Europeans contrasted; US private sector slows down.	23-07-24	AN

Chart Take Off S.p.A.

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Company Profile

Take Off SpA is a clothing retailer. The Company is located in Monopoli, Italy.

Sector

Apparel & Accessories Retailers

More about the company

Income Statement Evolution

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Ratings for Take Off S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.798 EUR

Average target price

2.5 EUR

Spread / Average Target

+213.28%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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