Bending Spoons S.p.A. logo BSP - Bending Spoons S.p.A.

Price: -- -- | PRICE TARGET: $41.83 DETAILS
HIGH: $45.00
LOW: $38.00
MEDIAN: $41.50
CONSENSUS: $41.83
DOWNSIDE: 18.67%
Annual Quarterly
Metric 2026 Q1 2025 Q1
Revenue
Revenue 601.3 258.9
Cost of Revenue 193.1 93.5
Gross Profit 408.2 165.4
Operating Expenses
R&D Expenses 94.4 43.8
SG&A Expenses 193.6 126.3
Other Expenses 0.0 0.0
Operating Expenses 288.0 170.1
Operating Income
Operating Income 120.2 (4.6)
Interest Expense 93.2 19.3
Interest Income 0 0
Profitability
EBITDA 239.6 22.1
EBIT 169.5 (8.6)
Income Before Tax 76.3 (27.9)
Income Tax Expense 48.9 84.3
Net Income 27.5 (112.2)
Per Share Data
EPS (Basic) 0.05 -0.19
EPS (Diluted) 0.04 -0.19
Shares Outstanding 549.3 590.4
Metric 2026 Q1
Current Assets
Cash & Cash Equivalents 740.8
Short-Term Investments 0
Net Receivables 259.9
Inventory 0
Other Current Assets 183.4
Total Current Assets 1,236.1
Non-Current Assets
Property, Plant & Equipment 13.3
Goodwill 3,551.3
Intangible Assets 1,897.3
Long-Term Investments 0
Other Non-Current Assets 108.9
Total Non-Current Assets 5,746.7
Total Assets 6,982.9
Current Liabilities
Account Payables 31.6
Short-Term Debt 425.6
Deferred Revenue 478.6
Other Current Liabilities 105.4
Total Current Liabilities 1,576.6
Non-Current Liabilities
Long-Term Debt 3,930.5
Deferred Tax Liabilities 348.7
Other Non-Current Liabilities 64.1
Total Non-Current Liabilities 4,343.6
Total Liabilities 5,920.2
Stockholders' Equity
Common Stock 0
Retained Earnings 0
Accumulated Other Comprehensive Income 0
Total Stockholders' Equity 1,062.7
Total Liabilities & Equity 6,982.9
Debt Metrics
Total Debt 4,356.1
Net Debt 3,615.2
Metric 2026 Q1 2025 Q1
Operating Activities
Net Income 27.5 (112.2)
Depreciation & Amortization 70.1 30.8
Stock-Based Compensation 28.7 16.5
Change in Working Capital (19.6) 31.7
Other Non-Cash Items (43.8) 2.4
Operating Cash Flow 75.7 21.4
Investing Activities
Capital Expenditure (3.2) 0
Acquisitions (1,644.7) (485.7)
Purchases of Investments 0 0
Sales/Maturities of Investments 0 0
Other Investing Activities 0 (0.0)
Investing Cash Flow (1,647.9) (485.7)
Financing Activities
Net Debt Issuance 1,823.4 802.1
Stock Repurchased 0 0
Dividends Paid 0 0
Other Financing Activities (90.5) (23.6)
Financing Cash Flow 1,741.2 778.4
Cash Position
Net Change in Cash 158.9 325.6
Cash at Beginning 629.9 238.7
Cash at End 788.8 564.3
Free Cash Flow 72.4 21.4
Key Metrics 2026 Q1 2025 Q1
Income Statement
Revenue 601.3 258.9
Gross Profit 408.2 165.4
Operating Income 120.2 (4.6)
Net Income 27.5 (112.2)
EPS (Diluted) 0.04 -0.19
Balance Sheet
Cash & Equivalents 740.8
Total Assets 6,982.9
Total Debt 4,356.1
Stockholders' Equity 1,062.7
Cash Flow
Operating Cash Flow 75.7 21.4
Capital Expenditure (3.2) 0
Free Cash Flow 72.4 21.4