Identification

Instrument name
G.M. LEATHER
Symbol
GML
ISIN code
IT0005498610
Code LEI
815600421738E41CB385
Exchange / Market
Euronext Growth
Trading location
Milan
ICB
40204020 Clothing and Accessories

Operation

IPO date
Wed 13/07/2022
IPO price
EUR 1.75
IPO type
Private placement
Capital raised
EUR 3.91 million

Company profile

G.M. Leather S.p.A. specializes in the treatment, processing and marketing of bovine leather. The group's products are primarily intended for the furniture, leather goods and footwear industries. At the end of 2023, G.M. Leather S.p.A. had 3 production sites in Italy. Net sales are distributed geographically as follows: Italy (35.4%), European Union (11%) and other (53.6%).

Source: Cofisem - Last Update: 15 Jan 2025
Key Executives
Co-CEO Marco Malagutti
Co-CEO Simone Voltolin
Chief Financial Officer Ippolito Fiori
Head of Investor Relations Manuel Lovato
Source: Cofisem - Last Update: 15 Jan 2025
Key figures
Millenium 2023 2022 2021 2020
Net sales 40.898.175 40.828.692 49.692.216 29.239.102
Consumed purchases 25.021.651 19.443.808 27.789.841 14.316.056
Labour costs 5.368.178 4.103.246 3.705.411 2.848.548
Operating profit 3.924.648 3.300.558 3.583.999 2.561.085
Income tax 728.657 311.945 826.646 483.927
Net income 2.040.401 2.012.447 2.453.555 1.820.102
Net income (Group share) 2.040.401 2.012.447 2.453.555 1.820.102
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Length of fiscal year (month) 12 12 12 12
Currency & Unit EUR - unit EUR - unit EUR - unit EUR - unit
Account Standards Local GAAP Local GAAP Local GAAP Local GAAP
Source: Cofisem - Last Update: 15 Jan 2025
Shareholder information
Assunta S.r.l. 80,28 %
Free float 13,62 %
Smart Capital S.p.A. 6,10 %
Source: Cofisem - Last Update: 15 Jan 2025