Bellini Nautica S.P.A.
BELLN.MI operates in the recreational products industry, specializing in the retail of recreational goods and services, and generates revenue primarily through sales to consumers in this sector.
Business. BELLN.MI is a recreational products company operating within the Consumer Cyclicals sector. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is headquartered in Italy and is primarily listed on the Borsa Italiana.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
BELLN.MI is a recreational products company operating within the Consumer Cyclicals sector. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is headquartered in Italy and is primarily listed on the Borsa Italiana.
BELLN.MI's capital structure is characterized by a debt-to-equity ratio of 0.78, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.77, suggesting it can cover its short-term liabilities but with limited excess capacity. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.
Profitability metrics for BELLN.MI are weak, with a return on equity of -1.77% and a return on assets of -0.62%. These figures are below the typical expectations for the recreational products industry, indicating underperformance relative to industry standards. The company's operating income of 206,900 EUR is modest compared to its revenue of 20,003,380 EUR, suggesting low operational efficiency and margin compression.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification could expose the company to regional economic downturns or regulatory changes affecting the recreational products market.
BELLN.MI's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The company's free cash flow is negative at -1,558,250 EUR, and capital expenditures are significant at -1,956,020 EUR, indicating ongoing investment in operations. However, the negative net income of -126,100 EUR suggests that these investments have not yet translated into profitability.
The company faces several risk factors, including a medium liquidity risk and a low dilution risk. The negative net cash position after subtracting total debt is a key flag, indicating potential challenges in meeting long-term obligations. The dilution risk is low, with no significant dilution sources identified in the available data.
Recent events, as disclosed in the financial filings, include the company's last actual revenue of 20,003,000 EUR. No recent transcripts or additional filings are available to provide further insight into the company's strategic direction or operational performance.
- BELLN.MI has a moderate debt-to-equity ratio of 0.78, indicating a balanced but not overly leveraged capital structure.
- The company's profitability is weak, with a negative return on equity and return on assets, suggesting operational inefficiencies.
- Revenue is concentrated in a single segment, with no geographic diversification, increasing exposure to regional risks.
- Free cash flow is negative, and capital expenditures are high, indicating ongoing investment but not yet yielding profitability.
- Liquidity risk is medium, and the company's net cash position is negative after subtracting total debt, signaling potential financial constraints.
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- Net cash is negative after subtracting total debt.
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- BELLN.MI Market data — financials · 2026-05-27
- Bellini Nautica SpA Market data — analyst estimates · 2026-05-27