9M2024 Financial Highlights

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Adjusted Revenues at Euro 115.2 million, +19.7% vs 9M 2023 (Euro 96.2 million)

Adjusted Revenues at Euro 115.2 million (Euro 44.4 million in Italy, Euro 61.7 million in Germany, and Euro 9.0 million in Switzerland), marking a +19.7% increase over the Euro 96.2 million recorded in the same period last year. This growth was driven by +6.1% organic growth, an acceleraLon compared to the first six months of the year, led by the development of higher value-added services, increased cross-selling among customers of acquired companies, and the addiLon of new clients—up by approximately 4.8% in Italy (core revenue growth of 5.2%) and approximately 7.6% in Germany (core revenue growth of 7.3%) compared to the previous year

9M2024 Financial Highlights

115.2 mln

ADJUSTED REVENUES

Adjusted Revenues at Euro 115.2million, +19.7% vs 9M 2023 (Euro 96.2 million) driven in particular by organic growth in Germany and Italy and the contribution of the new acquired companies Edge&Cloud and Econis AG. Group recurring Revenues at 86.5% of total, of which in Italy at 84%, in Germany at 99%, and in Switzerland at 68%

42.6 mln

ADJUSTED EBITDA

Adjusted EBITDA at Euro 42.6 million +12.9% vs 9M 2023 (Euro 37.7 million). Margin on revenue at 37% (39.2% in 9M 2023). Like-for-like margin would have been 41.6%, up 370 bps vs 9M 2023. Progressively improving margin in Italy at 46.1% vs 43.0% in 9M 2023

12.2 mln

ADJUSTED NET PROFIT

Adjusted Net Profit equal to Euro 12.2 million compared to Euro 11.6 million in 9M 2023 (+4.6%), including the tax effect calculated on adjustments at the consolidated operating result level

115.2 mln

ADJUSTED REVENUES

Adjusted Revenues at Euro 115.2million, +19.7% vs 9M 2023 (Euro 96.2 million) driven in particular by organic growth in Germany and Italy and the contribution of the new acquired companies Edge&Cloud and Econis AG. Group recurring Revenues at 86.5% of total, of which in Italy at 84%, in Germany at 99%, and in Switzerland at 68%

42.6 mln

ADJUSTED EBITDA

Adjusted EBITDA at Euro 42.6 million +12.9% vs 9M 2023 (Euro 37.7 million). Margin on revenue at 37% (39.2% in 9M 2023). Like-for-like margin would have been 41.6%, up 370 bps vs 9M 2023. Progressively improving margin in Italy at 46.1% vs 43.0% in 9M 2023

12.2 mln

ADJUSTED NET PROFIT

Adjusted Net Profit equal to Euro 12.2 million compared to Euro 11.6 million in 9M 2023 (+4.6%), including the tax effect calculated on adjustments at the consolidated operating result level

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