Just checked Nexi's latest earnings and it's a mixed bag honestly. The normalised net profit came in at 783.3 million euros, up 7.2% year-over-year, which is solid growth. EBITDA also moved up 2.3% to 1.9 billion. Revenues hit 3.58 billion, a 2.1% increase from last year.

But here's the thing - they reported a massive 3.4 billion euro loss attributed to the parent company this year, a huge swing from the 167 million profit they had before. That's probably why the stock is getting hammered right now, down nearly 20% and trading around 2.72 euros.

So the operational metrics look decent with that net profit growth, but the bottom line loss is clearly spooking investors. Interesting disconnect between the normalised performance and the reported figures.