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.
Ops Italia S.p.A. is a publicly listed Italian holding company specializing in investments in small and medium-sized enterprises with high growth potential, particularly those contributing to sustainability, lifestyle improvement, and individual capability enhancement. Founded in 1994 and headquartered in Milan, it originally focused on microelectronics, offering assembly and testing services for semiconductors, DRAM memories, and photovoltaic panels. Since 2021, as part of Gruppo Industrie Riunite (GIR), the company has pivoted to the energy sector, engaging in wholesale distribution of electricity, natural gas, and energy vectors, while operating as an Independent Power Producer (IPP) from renewable photovoltaic sources. Notable features include its commitment to an energy and environmental model promoting low-impact solutions and innovation in energy services. Ops Italia S.p.A. bridges its semiconductor heritage with Italy's sustainable energy transition, participating in wholesale energy markets and renewable production to support broader environmental goals.
The business is unprofitable at the operating level (-516.02% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 47.4% YoY. Margins deteriorated 273.6pp alongside, both lines moving the wrong way.
ROIC dropped from -89.31% to -162.81%, capital efficiency is deteriorating. Negative free cash flow of -€3M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€649K
▼ -47.4% YoY
Net Income (TTM)
-€4M
▼ -17.9% YoY
Op. Margin
-516.02%
▼ -273.6pp YoY
ROIC
-162.81%
▼ -73.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€3M
▼ -22.0% YoY
Op. Cash Flow (TTM)
-€3M
▼ -20.1% YoY
Net Debt
€15K
Cash & Equiv.
€271K
Continue Research