We operate in Milan, focusing mainly on the family market for the purchase of their “first house”, creating new quality apartments in areas and semi-central districts of our city. A market characterized by a strong demand that by satisfying a primary need is less sensitive regarding economic cycles. The focus on a reference market allows the development of a strong know-how and strong local relationships with all the stakeholders, creating the conditions for a lasting competitive advantage.
Commercialization and sale of newly constructed apartments on paper, with a business model organized in phases that are regulated by stringent and binding objectives and milestones. The peculiar business model of Abitare In brings notable advantages including: no stock of properties at the end of the works, reduction of risks related to the unsold and the economic cycles.
Via degli Olivetani 10/12, 20123 Milano – Italy
Line item in (eur) | 01.10.2020 | 01.10.2021 | 01.10.2022 | 01.10.2023 |
---|---|---|---|---|
Assets | N/A | 257,981,888.00 | 383,874,284.00 | 279,121,396.00 |
Noncurrent Assets | N/A | 16,196,997.00 | 21,333,400.00 | 34,128,925.00 |
Property Plant And Equipment | N/A | 8,980,198.00 | 12,095,616.00 | 27,525,067.00 |
Intangible Assets Other Than Goodwill | N/A | 1,673,954.00 | 1,829,560.00 | 2,315,962.00 |
Deferred Tax Assets | N/A | 1,172,151.00 | 2,381,742.00 | 2,080,880.00 |
Other Noncurrent Financial Assets | N/A | 0.00 | 310,968.00 | 184,544.00 |
Current Assets | N/A | 241,784,891.00 | 362,540,884.00 | 244,992,471.00 |
Inventories | N/A | 209,663,389.00 | 305,379,872.00 | 169,786,314.00 |
Current Trade Receivables | N/A | 293,443.00 | 283,950.00 | 808,301.00 |
Current Tax Assets Current | N/A | 5,944,427.00 | 11,335,985.00 | 4,126,630.00 |
Other Current Financial Assets | N/A | N/A | 0.00 | 15,220,554.00 |
Cash | 35,480,995.00 | 13,778,285.00 | 32,365,487.00 | 28,917,054.00 |
Other Current Assets | N/A | 12,105,347.00 | 13,175,590.00 | 23,933,618.00 |
Equity And Liabilities | N/A | 257,981,888.00 | 383,874,284.00 | 279,121,396.00 |
Equity | N/A | 72,836,510.00 | 96,007,380.00 | 109,654,409.00 |
Issued Capital | N/A | 129,677.00 | 132,654.00 | 133,004.00 |
Retained Earnings | N/A | 20,552,052.00 | 32,743,810.00 | 30,710,405.00 |
Equity Attributable To Owners Of Parent | N/A | 72,367,849.00 | 92,071,209.00 | 105,846,279.00 |
Noncontrolling Interests | N/A | 468,661.00 | 3,936,171.00 | 3,808,130.00 |
Liabilities | N/A | 185,145,378.00 | 287,866,904.00 | 169,466,987.00 |
Noncurrent Liabilities | N/A | 144,695,182.00 | 222,545,493.00 | 121,974,118.00 |
Noncurrent Provisions For Employee Benefits | N/A | 325,142.00 | 325,982.00 | 389,915.00 |
Deferred Tax Liabilities | N/A | 6,466,158.00 | 10,434,062.00 | 3,316,613.00 |
Other Noncurrent Financial Liabilities | N/A | 72,167,050.00 | 130,636,766.00 | 73,751,305.00 |
Other Noncurrent Nonfinancial Liabilities | N/A | 284,793.00 | 281,755.00 | 335,184.00 |
Current Liabilities | N/A | 40,450,196.00 | 65,321,411.00 | 47,492,869.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 11,704,006.00 | 23,747,452.00 | 7,161,139.00 |
Current Tax Liabilities Current | N/A | 815,995.00 | 541,315.00 | 7,008,469.00 |
Other Current Financial Liabilities | N/A | 16,710,663.00 | 17,915,573.00 | 11,105,340.00 |
Other Current Liabilities | N/A | 8,805,177.00 | 12,025,471.00 | 19,188,275.00 |
Line item in (eur) | 01.10.2020/ 01.10.2021 |
01.10.2021/ 01.10.2022 |
01.10.2022/ 01.10.2023 |
---|---|---|---|
Revenue | 124,817,670.00 | 122,177,188.00 | 116,303,573.00 |
Other Income | 4,029,629.00 | 4,895,857.00 | 16,630,925.00 |
Raw Materials And Consumables Used | 84,066.00 | 56,760.00 | 236,070.00 |
Services Expense | 50,284,678.00 | 84,445,199.00 | 54,422,105.00 |
Employee Benefits Expense | 2,108,140.00 | 2,440,315.00 | 3,558,039.00 |
Amortisation Expense | 959,476.00 | 1,148,685.00 | 1,298,514.00 |
Profit Loss From Operating Activities | 16,863,634.00 | 14,384,290.00 | 32,645,847.00 |
Finance Income | 2,175,876.00 | 345,345.00 | 3,125,320.00 |
Finance Costs | 2,336,621.00 | 3,493,957.00 | 10,639,789.00 |
Profit Loss Before Tax | 16,702,889.00 | 11,235,678.00 | 25,131,378.00 |
Income Tax Expense Continuing Operations | 4,540,687.00 | 3,319,440.00 | 969,879.00 |
Profit (loss) | 12,162,202.00 | 7,916,238.00 | 24,161,499.00 |
Profit Loss Attributable To Owners Of Parent | 12,191,758.00 | 7,892,419.00 | 24,289,540.00 |
Profit Loss Attributable To Noncontrolling Interests | -29,556.00 | 23,819.00 | -128,041.00 |
Line item in (eur) | 01.10.2021 | 01.10.2022 | 01.10.2023 |
---|---|---|---|
Profit (loss) | 12,162,202.00 | 7,916,238.00 | 24,161,499.00 |
Adjustments For Income Tax Expense | 4,540,687.00 | 3,319,440.00 | 969,879.00 |
Adjustments For Finance Costs | 2,336,590.00 | 3,493,957.00 | 10,460,944.00 |
Adjustments For Decrease Increase In Inventories | -70,605,100.00 | -95,716,483.00 | 135,593,558.00 |
Adjustments For Increase Decrease In Trade Account Payable | -795,964.00 | 12,043,446.00 | -16,986,314.00 |
Adjustments For Provisions | 157,292.00 | 705,170.00 | 1,174,669.00 |
Adjustments For Sharebased Payments | 2,379,457.00 | 1,733,794.00 | 625,639.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | 0.00 | -5,431.00 | 0.00 |
Income Taxes Paid Refund Classified As Operating Activities | -1,648,517.00 | 0.00 | -282,917.00 |
Cash Flows From Used In Operating Activities | -45,513,028.00 | -49,936,034.00 | 94,860,710.00 |
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 2,974.00 | 0.00 | N/A |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 0.00 | 5,431.00 | 0.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | 181,530.00 | 228,900.00 | 750,203.00 |
Purchase Of Intangible Assets Classified As Investing Activities | 1,027,960.00 | 966,917.00 | 362,367.00 |
Purchase Of Other Longterm Assets Classified As Investing Activities | N/A | 0.00 | 100,000.00 |
Cash Flows From Used In Investing Activities | -3,893,618.00 | -4,414,276.00 | -15,114,092.00 |
Proceeds From Issuing Shares | 0.00 | 13,180,665.00 | 0.00 |
Payments To Acquire Or Redeem Entitys Shares | N/A | 0.00 | 1,115,515.00 |
Proceeds From Borrowings Classified As Financing Activities | 48,258,787.00 | 79,749,269.00 | 37,133,034.00 |
Repayments Of Borrowings Classified As Financing Activities | 20,855,936.00 | 19,868,868.00 | 101,406,657.00 |
Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | 0.00 | -17,420,554.00 |
Cash Flows From Used In Financing Activities | 27,703,936.00 | 72,937,512.00 | -83,195,051.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | -21,702,710.00 | 18,587,202.00 | -3,448,433.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | -21,702,710.00 | 18,587,202.00 | -3,448,433.00 |
Please note that some sums might not add up.
IT0005445280
LEI81560076BBCFC45A0964
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.