PiteCo SpA

Piteco SpA is an Italy-based company engaged in the software and consulting industry. The Company offers solutions and consultancy in finance, treasury and financial planning. It serves various customers, including food business, insurance, logistics and travelling, telecommunication, media, mechanic and steel, construction and tile, automotive and fashion entities, among others. Piteco SpA is active in several areas, such as cash management, planning, payment factoring, risk management, global liquidity management, supply chain finance, special contexts, sepa credit transfer (SCT) and sepa core direct debit (SDD), among others. In addition, the Company manages treasury management system consultancy.

Executive
Full List of Officers

Paolo Virenti
Chief Executive Officer
Start date: 2015-3-26

Marco Podini
Non-Executive Chairman

Gianni Camisa
Non-Executive Director

Andrea Guillermaz
Non-Executive Director

Maria Podini
Non-Executive Director

Riccardo Veneziani
Non-Executive Director

Date of incorporation
Country of incorporation ITA
Phone +30 21 06855061
Fax +30 21 06855033
Investor relations contact

+39 0182 560400

Free float 18125500
Security description Common Stock
Main venue Italian SE (Mercato Continuo Italia)
Ticker at main venue PITE
Location

Via Mercalli, 16
20122 MILANO

Share price
/
 
Earnings per share
=
19.64
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
EBIT
=
INF
Price
x
 
Shares
/
 
Net Sales
=
6.56
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
Net sales
=
6.56
Price
x
 
Shares
/
 
Own capital
=
2.76
Earnings per share
x
 
Shares
/
 
Own capital
=
0.14%
Dividend per share
/
 
Price
=
-0.04%
2016 2015 2014 2013 2012
Income statement
Revenue 13.48 12.84 11.55 10.79 3.52
Other Revenue, Total
Total Revenue
Revenue Change
Cost of Revenue, Total
Gross Profit 13.30 13.01 11.78 10.68 1.35
Selling/General/Admin. Expenses, Total
EBITDA
EBITDA margin (%)
Research & Development
Depreciation/Amortization
Interest Exp.(Inc.),Net-Operating, Total
Unusual Expense (Income)
Other Operating Expenses, Total
Total Operating Expense 8.06 7.70 7.01 7.12 3.34
Operating Income
EBIT margin (%)
Interest Inc.(Exp.),Net-Non-Op., Total
Gain (Loss) on Sale of Assets
Other, Net
Net Income Before Taxes
Provision for Income Taxes
Net Income After Taxes
Minority Interest -0.70 0.02 -0.04 -0.08 0.02
Equity In Affiliates
U.S. GAAP Adjustment
Net Income Before Extra. Items
Total Extraordinary Items
Net Income
Total Adjustments to Net Income
Income Available to Com Excl ExtraOrd
Income Available to Com Incl ExtraOrd
Dilution Adjustment
Diluted Net Income
Diluted Weighted Average Shares
Diluted EPS Excluding ExtraOrd Items
DPS - Common Stock Primary Issue
Diluted Normalized EPS
Balance sheet
Cash 4.06 80.29 2.39 2.39 0.29
Cash & Equivalents
Short Term Investments
Cash and Short Term Investments
Accounts Receivable - Trade, Net
Total Receivables, Net 4.23 4.49 4.01 3.78 1.66
Total Inventory
Prepaid Expenses
Other Current Assets, Total
Total Current Assets 15.53 14.85 6.01 6.98 2.82
Property/Plant/Equipment, Total - Gross
Accumulated Depreciation, Total
Property/Plant/Equipment, Total - Net 44.69 44.07 35.08 39.12 3.61
Goodwill, Net
Intangibles, Net 0.93 0.83 0.22 0.59 0.81
Long Term Investments
Note Receivable - Long Term
Other Long Term Assets, Total
Total Assets 45.62 44.90 35.31 39.70 4.42
Accounts Payable
Payable/Accrued
Accrued Expenses
Notes Payable/Short Term Debt
Current Port. of LT Debt/Capital Leases
Other Current liabilities, Total
Total Current Liabilities 2.70 1.31 3.26 2.74 0.06
Long Term Debt
Capital Lease Obligations
Total Long Term Debt 7.20
Total Debt
Deferred Income Tax
Minority Interest 1.82 0.21 0.26 0.26 0.21
Other Liabilities, Total
Total Liabilities
Redeemable Preferred Stock, Total
Preferred Stock - Non Redeemable, Net
Common Stock, Total
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Treasury Stock - Common
ESOP Debt Guarantee
Unrealized Gain (Loss)
Other Equity, Total
Total Equity
Total Liabilities & Shareholders Equity
Total Common Shares Outstanding 18.13 18.13 15.55 15.55 25.19
Total Preferred Shares Outstanding
Tangible Book Value per Share, Common Eq
Cashflow
Net Income/Starting Line 0.10 0.36 0.16 0.08 -0.15
Depreciation/Depletion 0.30 0.26 0.70 0.69 0.28
Amortization
Deferred Taxes
Non-Cash Items
Changes in Working Capital -1.30 -2.15 -3.81 -1.54 -0.04
Cash from Operating Activities 4.50 3.33 1.49 2.81 0.41
Capital Expenditure
Other Investing Cash Flow Items, Total
Cash from Investing Activities -0.35 -1.30 -0.27 -0.02 -0.47
Financing Cash Flow Items
Total Cash Dividends Paid
Issuance (Retirement) of Stock, Net
Issuance (Retirement) of Debt, Net
Cash from Financing Activities -3.48 6.32 -2.41 -0.78 -0.04
Foreign Exchange Effects
Net Change in Cash
Cash Interest Paid
Cash Taxes Paid 0.66 1.15 1.03 0.81 0.03
Values are in EUR and expressed in million