Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Brioschi Sviluppo Immobiliare S.p.A. is an Italian real estate company founded in 1907 and headquartered in Milan. It specializes in the design, construction, and development of urban real estate complexes, including residential, commercial, office premises, and retail projects. The company also engages in real estate promotion, management, rental activities, and the purchase and sale of property assets, with a portfolio valued at EUR 193 million at market value as of the end of 2024. Revenue streams break down into real estate rental (49.2%), services (34.7%), and asset sales (16.1%). Operating as a subsidiary of Bastogi S.p.A., which holds a 50.6% stake, alongside free float (30.99%) and Viris SpA (18.41%), it is led by CEO Eugenio Kannes and Executive Chairman Matteo Giuseppe Cabassi. With approximately 49 employees, Brioschi plays a key role in Italy's property development sector, focusing on medium- to long-term projects while maintaining a balanced approach to investment and operations.
Operating margin is thin at 5.01%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 0.1%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 377% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€18M
▲ +0.1% YoY
Net Income (TTM)
€5M
▲ +673.0% YoY
Op. Margin
5.01%
▲ +5.0pp YoY
ROIC
0.49%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€2M
▼ -376.8% YoY
Op. Cash Flow (TTM)
€7M
▼ -29.4% YoY
Net Debt
€70M
Cash & Equiv.
€2M
3Y CAGR: -51.7%
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