Technogym
ISIN: IT0005162406 | Ticker: TGYM | LEI: 815600B9149F66E77F76
Country: Italy
Technogym, the Wellness Company is a world leader in designing and manufacturing fitness equipment. We provide customised solutions to private homes, fitness clubs, hotels, spas, rehabilitation centers, corporate gyms, universities, professional sports facilities and more.
Technogym embodies the philosophy of Wellness, which calls for a balanced lifestyle through regular exercise, healthy eating and a positive mental attitude.
The company was founded in 1983 by wellness visionary Nerio Alessandri, who designed the first piece of Technogym equipment in his garage in Cesena, Italy. Since then the company has grown to become one of the world's leading manufacturers of state-of-the-art fitness equipment, renowned for its timeless Italian design and innovative technology.
With over 2,300 employees across 14 branches in Europe, America, Asia, Middle East and Australia, Technogym exports 90% of its production to 100 countries.
1983
Served areaWorldwide
HeadquartersForo Buonaparte 10, 20121 Milan – Italy
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 683,989,000.00 | 763,092,000.00 |
| Noncurrent Assets | N/A | 299,484,000.00 | 292,049,000.00 |
| Property Plant And Equipment | N/A | 159,243,000.00 | 153,563,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 47,365,000.00 | 50,697,000.00 |
| Investment Accounted For Using Equity Method | N/A | 18,736,000.00 | 4,438,000.00 |
| Deferred Tax Assets | N/A | 18,532,000.00 | 20,280,000.00 |
| Other Noncurrent Assets | N/A | 52,616,000.00 | 62,871,000.00 |
| Current Assets | N/A | 384,505,000.00 | 471,044,000.00 |
| Inventories | N/A | 82,614,000.00 | 108,548,000.00 |
| Current Trade Receivables | N/A | 81,060,000.00 | 104,242,000.00 |
| Cash and cash equivalents | 114,413,000.00 | 202,065,000.00 | 174,306,000.00 |
| Current Derivative Financial Assets | N/A | 1,525,000.00 | 127,000.00 |
| Other Current Assets | N/A | 17,202,000.00 | 29,984,000.00 |
| Equity And Liabilities | N/A | 683,989,000.00 | 763,092,000.00 |
| Equity | 260,089,000.00 | 290,546,000.00 | 311,560,000.00 |
| Issued Capital | N/A | 10,066,000.00 | 10,066,000.00 |
| Share Premium | N/A | 4,990,000.00 | 7,132,000.00 |
| Other Reserves | N/A | 25,541,000.00 | 31,321,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 288,167,000.00 | 309,841,000.00 |
| Noncontrolling Interests | N/A | 2,379,000.00 | 1,720,000.00 |
| Noncurrent Liabilities | N/A | 148,303,000.00 | 104,964,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 2,955,000.00 | 3,091,000.00 |
| Other Longterm Provisions | N/A | 9,662,000.00 | 8,952,000.00 |
| Deferred Tax Liabilities | N/A | 343,000.00 | 301,000.00 |
| Other Noncurrent Liabilities | N/A | 37,665,000.00 | 34,950,000.00 |
| Current Liabilities | N/A | 245,141,000.00 | 346,567,000.00 |
| Other Shortterm Provisions | N/A | 8,621,000.00 | 11,734,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 114,006,000.00 | 159,769,000.00 |
| Current Tax Liabilities Current | N/A | 2,465,000.00 | 5,951,000.00 |
| Current Derivative Financial Liabilities | N/A | 58,000.00 | 41,000.00 |
| Other Current Liabilities | N/A | 73,582,000.00 | 95,302,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 508,342,000.00 | 609,742,000.00 |
| Other Income | 1,337,000.00 | 1,670,000.00 |
| Services Expense | 128,500,000.00 | 158,228,000.00 |
| Employee Benefits Expense | 112,640,000.00 | 133,307,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 35,109,000.00 | 36,435,000.00 |
| Other Expense By Nature | 10,260,000.00 | 6,933,000.00 |
| Profit Loss From Operating Activities | 54,375,000.00 | 78,902,000.00 |
| Finance Income | 12,981,000.00 | 11,998,000.00 |
| Finance Costs | 17,184,000.00 | 11,596,000.00 |
| Profit Loss Before Tax | 48,041,000.00 | 79,731,000.00 |
| Income Tax Expense Continuing Operations | 11,593,000.00 | 16,466,000.00 |
| Profit (loss) | 36,448,000.00 | 63,265,000.00 |
| Profit Loss Attributable To Owners Of Parent | 36,004,000.00 | 63,065,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 444,000.00 | 200,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | 36,448,000.00 | 63,265,000.00 |
| Adjustments For Income Tax Expense | N/A | 11,593,000.00 | 16,466,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -7,996,000.00 | -26,489,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -13,199,000.00 | 46,038,000.00 |
| Adjustments For Provisions | N/A | 3,312,000.00 | 3,533,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 102,408,000.00 | 93,207,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 30,842,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,332,000.00 | 694,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 9,111,000.00 | 11,095,000.00 |
| Proceeds From Sales Of Intangible Assets Classified As Investing Activities | N/A | 67,000.00 | 14,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 15,289,000.00 | 16,596,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -22,050,000.00 | 4,323,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 6,892,000.00 | 7,251,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 0.00 | 44,292,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 12,362,000.00 | -127,266,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 92,721,000.00 | -29,736,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -5,069,000.00 | 1,977,000.00 |
| Cash and cash equivalents | 114,413,000.00 | 202,065,000.00 | 174,306,000.00 |
Please note that some sums might not add up.
IT0005162406
LEI815600B9149F66E77F76
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