Slide 1: Cy4Gate 1H 2023 Financial Results
Cy4Gate 1H 2023 Financial Results September 14, 2023
Slide 2: Table of Contents
• Our Growth TABLE OF • Strategic pillars CONTENTS • Governance and Shareholders • Portfolio and markets • Financial performance • ESG 2
Slide 3: Fast growing and attractive group
Fast growing and attractive group… 2,85x Shares price 2020 IPO 2023 since IPO Listing on FTSE Italia Listing on EURONEXT Growth STAR Milan 2014 JV between Start up 2019 2022 Growth and Capital Increase of acquisition of market 90 Millions for M&A share 129% … thanks to exceptional performance Revenu
Slide 4: Delivery on track on all Strategic pillars
Delivery on track on all Strategic pillars Strategic pillars 360° Cyber vendor Tailormade solutions Superior ethics & Partnerships and "Made in Europe" for Global Cyber talent M&A for tech Defence development leadership Target ESG Composite AI To protect and empower people through reliable and leadi
Slide 5: Group & Shareholders
GROUP & SHAREHOLDERS GROUP SHAREHOLDERS 5
Slide 6: Team
TEAM Board of Directors Top Management Domitilla Benigni Emanuele Galtieri Chairman CEO & General Manager Domitilla Benigni Emanuele Galtieri Marco Latini Roberto Ferraresi Maria Giovanna Calloni CHAIRMAN CEO & General CFO & Investor Member Independent Member Manager Relations Manager Cinzia Parolin
Slide 7: Cyber Intelligence & Cyber Security
CY4Gate is present in two main markets: Cyber Intelligence & Cyber Security 7
Slide 8: Portfolio Overview
PORTFOLIO OVERVIEW CYBER INTELLIGENCE CYBER SECURITY Decision Cybersecurity Intelligence Products Forensic Cybersecurity Intelligence Services 8 8
Slide 9: Cyber Intelligence: Double digit growth
CYBER INTELLIGENCE Cyber Intelligence solutions collect and analyze information available Global opensource intelligence (Osint) market online and generate added value insight thanks to AI € bln 16.5 QUIPO is complete intelligence platform, based on AI +20% technology, able to mix and match: several
Slide 10: Cyber Security: Enduring growth
CYBER SECURITY Cyber security solutions protect clients’ information systems, Global Cybersecurity Products1 Market enabling the detection of anomalies and generating response actions € bln 12.8 +9% 10.7 9.0 6.9 7.5 6.3 Cybersecurity Real time analytics (RTA) is a security information and event Prod
Slide 11: Markets
MARKETS GEOGRAPHICAL PRESENCE AND MARKETS SERVED The company mainly operates in Italy, is also active in Spain and is increasing its presence in Germany and France. It also has a global presence, with clients in the Middle East, South East Asia, and Latin America. 10.7 86% 14.4 85% 41.2 63% 1.8 14%
Slide 12: 4 new Cyber Security solutions
4 new Cyber Security solutions ProntoCyber Cyber Hybrid Digital Twin Sentry Cyber Threat Intelligence Example Cyber "Real" tools IT Systems Sentry checks if a Cyber Threat resilience device has been Device to Intelligence Cyber Cyber "hacked" check Digital Range Factory CTI awareness Attack Builder
Slide 13: Financial performance
Financial performance 13 BATE
Slide 14: 1H 2023 Key Data
1H 2023 Key Data Revenues¹ R&D € mln € mln YoY % YoY % +104% +141% 2.7 34.1 1.1 16.7 1H2022 1H2023 1H2022 1H2023 EBITDA Net profit² Margin (%) 14% 16% € mln (4.3) € mln (2.8) 5.5 2.3 1H2022 1H2023 1H2022 1H2023 1. Including other operating revenues; comparative 2022 does not include 1Q of RCS Group
Slide 15: 1H 2023 Revenues Breakdown
1H 2023 Revenues Breakdown By business line By geographical area Decision Intelligence Forensic Intelligence Cyber Security Italy Export ~81% 13% 11% ~54% 23% 30% ~46% ~19% 64% 59% 1H2022 1H2023 1H2022 1H2023 Forensic Intelligence maintains a leading role for the Improvement of the international pre
Slide 16: 1H 2023 People Investment
1H 2023 People Investment Positive Items Negative Items Total Total personnel increased in 1H23 by a total of 51 resources: 17 44 493 470 50 ▪ Increase related to the 442 28 DIATEAM acquisition, which allowed the Group to acquire specialised resources and technical skills to strengthen the cyber-sec
Slide 17: 1H 2023 Profit & Loss
1H 2023 Profit & Loss 1H 2022 Executive summary: € mln 1H 2023 1 Restated 2 Operating Revenues 33.1 16.0 Revenues +104% compared to 1H 2022, thanks to the the Other Operating Revenues 1.0 0.7 consolidation of the subsidiaries. The seasonality of the Total Revenues 34.1 16.7 business is confirmed, co
Slide 18: 1H 2023 Asset & Liabilities
1H 2023 Asset & Liabilities Executive Summary: €/000 1H 2023 FY 2022 Fixed assets 82.6 70.1 Fixed Asset increase mainly due to the effects of goodwill Inventory 0.5 0.8 linked to DIATEAM acquisition Contract assets (liabilities) 2.7 (1.0) Net Working Capital increase mainly to contract assets Trade
Slide 19: ESG Sustainability Report
ESG SUSTAINABILITY REPORT Learn more 19
Slide 20: Our commitment for a greater sustainability
Our comittment for a greater sustainability EthiFinance issued the first ESG Rating with a score of 64/100 Cy4Gate is placed above the average of the 154 companies subject to the rating belonging to the IT Sector Goal 4 Goal 8 Goal 9 UN Global Compact & SDGs To ensure inclusive and To promote sustai
Slide 21: Business ethic and human empowerment
Business ethic and human enpowerment Governance Human rights Relationship and working conditions ▪ Solid corporate governance ▪ Respect for human rights ▪ People management and care ▪ Sustainability-oriented strategies ‒ in the production and sale of ▪ People empowerment and policies products ▪ Occu
Slide 22: CFO & IR Manager, IR Advisor
CFO&&IRIRMANAGER CFO MANAGER Marco Latini marco.latini@cy4gate.com IR ADVISOR IR ADVISOR CDR Communication Silvia Di Rosa silvia.dirosa@cdr-communication.it Luca Gentili luca.gentili@cdr-communication.it FOLLOW US: FOLLOW US: