Slide 1: Space Hellas Annual Analysts Update
SPACE HELLAS Empowering Your Digital Transformation Journey Annual Analysts Update Athens, Monday 19th of May 2025 Classification ISO 27001: Public MK-19052025-1 www.space.gr
Slide 2: 40 Years in Technology Excellence
40 Years in Technology Excellence • Established as a leader in ICT and high technology • Expanded presence to international markets including Cyprus, Malta, Serbia and Jordan • Implemented large-scale ICT projects for major organizations • Achieved significant partnerships with global tech giants •
Slide 3: Group subsidiaries and ownership stakes
32,2% 18,1% 99,93% 100% 35% Big Data Analytics Apps & Services Software Integrator IoT Solutions Agricultural & Web Intelligence for Internet, mobile and ICT Solutions pervasive networking Classification ISO 27001: Public MK-30042024-1 www.space.gr
Slide 4: Subsidiaries and Branches
Subsidiaries and Branches 8 Branches Thessaloniki Ioannina Farsala Patra Athens 4 Tripoli Subsidiaries Heraklion Nicosia Cyprus Serbia Malta Jordan Space Hellas All Rights Reserved 4
Slide 5: 10 SPACE Hubs
10 SPACE Hubs • Rethymno • Heraklion • Veria • Karditsa • Kilkis • Kozani • Komotini • Larissa • Xanthi • Kalamata Space Hellas All Rights Reserved 5
Slide 6: Line of Business
Line of Business Vertical Markets Business Software Workflow e-Government Optimization Solutions Enterprise Custom Software Software Software Systems Holistic ICT Approach Integration IT Physical Systems Security & Cloud Network Cybersecurity & AI Collaboration & Space Hellas Communication All Right
Slide 7: Our Platforms 1/2
Our Platforms 1/2 SenseOne GUARDIAN PANDORA 5Genesis IoT Platform Physical Security Information Management Integrated Cyberdefence Platform 5G “Network-in-a-box” (PSIM) Platform The SenseOne IoT Platform is cloud-based, GUARDIAN is a multi-sensor integrated PANDORA is an All-in-one 5Genesis is a por
Slide 8: Our Platforms 2/2
Our Platforms 2/2 ACRITAS ASSETS Genesis CFMS Maritime Surveillance Platform Asset Management System “ERP” for Local Government Credit Facilities Management System ACRITAS is an integrated multi- GUARDIAN is a multi-sensor integrated Genesis Platform is a comprehensive information CFMS Platform is a
Slide 9: Large Enterprises - Verticals Supported by Space Hellas
Large Enterprises -Verticals Supported by Space Hellas Telcos Financial Health Retail Fuel Energy Local Gov Manufacturing Shipping Hospitality Media Education Space Hellas All Rights Reserved 9
Slide 10: Critical National Infrastructures Supported
Critical National Infrastructures Supported VISA Defense National Elections MFA EL-VIS Lαw Enforcement Air-Traffic AFIS/PNR/SPOC/Entry-Exit Control Cyber Crime Backbone Network of Public Administration Digital Weather Broadcasting Forecast Space Hellas 10 Border Control Education All Rights Reserved
Slide 11: Employee's Growth
Employee's Growth 700 600 500 +179 400 609 +11 300 582 589 479 427 200 374 348 296 247 267 100 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total Group’s Employee’s : 799 (31/12/2024) Space Hellas 11 All Rights Reserved
Slide 12: Indicative Technology Partners & Co-operations
Indicative Technology Partners & Co-operations Space Hellas All Rights Reserved 12
Slide 13: Key Customers
Key Customers Space Hellas All Rights Reserved 13
Slide 14: Financial Growth Analysis
FINANCIAL GROWTH ANALYSIS Space Hellas All Rights Reserved 14
Slide 15: Income Statement Summary 2023 - 2024
Income Statement Summary 2023 - 2024 Group Company 01.01 - 31.12. 01.01 - 31.12. 2024 01.01 - 31.12. 2023 CHANGE % 01.01 - 31.12. 2024 CHANGE % 2023 Revenue 155.171 148.078 4,8% 134.173 123.603 8,6% Gross profit 29.565 30.873 -4,2% 24.607 23.675 3,9% Gross profit margin 19% 21% -8,6% 18,3% 19,2% -4,
Slide 16: Debt Ratio & Investments 2019 – 2024
Debt Ratio & Investments 2019 – 2024 (company) Debt Ratio Investments 6,00 50.000 € 45.000 € 4,94 43.836 € 5,00 40.000 € 4,41 4,21 36.261 € 35.000 € 4,00 32.911 € 3,80 30.000 € 3,00 25.000 € 25.515 € 20.000 € 16.697 € 2,00 8.818 € 1,65 15.000 € 1,62 3.744 € 10.000 € 7.575 € 1,00 7.396 € 5.074 € 5.00
Slide 17: Loans vs Investments 2019-2024
Loans vs Investments 2019-2024 (company) Loans 2019 - 2024 increase 50 mil Investments 2019 - 2024 44 mil Long terms loans 31/12/2024 48 mil 80.000 74.160 66.523 65.610 70.000 60.000 25.873 54.107 20.263 50.000 16.867 38.049 40.099 short terms loans 43.836 € 40.000 long terms loans 9.777 32.911 € ba
Slide 18: Return on Investments 2019 – 2024
Return on Investments 2019 – 2024 (company) Undepreciated Value of Investments 2019-2024 reached 30 mil (31/12/2024) Agroapps Sense One 900.000 1.500.000 Yearly Average Increase Increase in Company’s Total Investment in Total Investment in in Consolidated EBITDA Acquisitions 14,4 mil Equip & Soft 15
Slide 19: EBITDA vs Financial Cost & Depreciation
EBITDA vs Financial cost & Depreciation (company) Increasement in Company’s EBITDA 2019-2024 by 158% 16.000 13.680 14.000 12.049 12.000 8.895 10.000 Financial Cost & Depreciation 7.019 8.000 7.347 5.971 7.706 5.289 6.000 4.503 4.000 2.926 2.699 2.338 2.000 3.600 4.100 1.802 2.000 2.200 2.400 0 2019
Slide 20: Group Revenue 2015 - 2024
Group Revenue 2015 -2024 Growth Average Revenue 104% Average Revenue 60.2 mil 123.2 mil 180.000 € 160.000 € 155.171 € 148.078 € 140.000 € 128.586 € 120.000 € 103.323 € 100.000 € 80.732 € 80.000 € 72.250 € 66.112 € 59.658 € 60.000 € 54.889 € 48.169 € 40.000 € 20.000 € 0€ 2015 2016 2017 2018 2019 2020
Slide 21: Group Revenue - EBITDA - EAT 2019-2024
Group Revenue - EBITDA - EAT 2019-2024 Average Revenue Average Revenue 60.2 mil 123.2 mil 20.000 € 180.000 € 17.480 € 18.192 € CAGR 6% CAGR 17.8% 18.000 € 160.000 € 155.171 € 148.078 € 180.000 € 16.000 € 140.000 € 155.171 € 128.586 € 160.000 € 148.078 € 14.000 € 10.816 € 120.000 € 140.000 € 128.586
Slide 22: Milestones & Group Strategy
MILESTONES & GROUP STRATEGY Space Hellas All Rights Reserved 22
Slide 23: Group Strategy 2020-2024 & Way Ahead
Group Strategy 2020-2024 & Way Ahead 2020 - 2024 2025 –2027 Strategic Transformation Transformation Actions & Facts Phase I Phase II • Carry Heavy Investments • Revenue increase • Achieve Revenue growth • Increase market share • Higher operating results • Significant operating results • Improve cros
Slide 24: 2024 At Glance
2024 At Glance • New contracts from private and public • Delays in implementation and sectors payments of public • Synergies at group level sector projects • Sales backlog for 2025 • Significant Financial cost • Implementation of complex, large • Increased average personell cost scale projects for h
Slide 25: Significant Projects in Progress
Significant Projects in Progress Hellenic Electricity Distribution Network Operator ( DEDHHE) • Implementation, operation and maintenance of MPLS telecom network • Implementation of OT network for renewable energy plants Public Power Corporation (DEI) - FiberGrid • Core MPLS Network • Next Generatio
Slide 26: R&D Projects per Domain
|R&D Projects per Domain Mane LINGUARISE-DC GuardAl OASEES gee Technologies and Edge Al EUCINF SAFE6G aR PRIVATEER DEGREES : he fai Woy Vere 3 Satellite and Safe Cities : i 5GCOMPAD Pe ey cots : HellasQCI = ; : | hd 6GBRICKS CO-PROTECT : Space 4.0 | : CyberNEMO MIRANDA SafeCity ee. : : EL-SOC WEES A
Slide 27: Transformation Phase II - Action Plan 2025-2027
TRANSFORMATION PHASE II - ACTION PLAN 2025-2027 Targets Opportunities Challenges • EBITDA increase • New EU funds • Competition from new players • Group profitability • Energy sector increase digitization • Public sector projects implementation risks • More focus on • Cyber security services & recur
Slide 28: Long Term Strategic Goals
Long Term Strategic Goals • Maintain Market Leadership • Value-Added Solutions • Profitability Growth • Innovative Products & Services • New Revenue Streams • Global Expansion Space Hellas All Rights Reserved 28
Slide 29: Stock Details
STOCK DETAILS Space Hellas All Rights Reserved 29
Slide 30: Financial Indicators
Financial Indicators Consolidated Financial Statements Financial Indicators change 2016 2017 2018 2019 2020 2021 2022 2023 2024 Turnover % -12,2% 23,9% 10,8% 9,3% 11,7% 28,0% 24,5% 22,7% 4,8% Gross Profit % 0,1% 8,3% 12,2% 0,0% 3,4% 25,0% 10,1% 42,4% -4,2% EBITDA % -1,2% 12,2% 22,8% 5,8% 8,5% 37,8%
Slide 31: Investment Indicators
Investment Indicators 2016 2017 2018 2019 2020 2021 2022 2023 2024 p/e 6 12 27 27 16,5 13,1 11,1 9,4 24,1 p/ebitda 1,3 2,8 5,6 5,6 4,3 5,4 4,8 2,6 2,45 p/sales 0,1 0,2 0,5 0,5 0,4 0,5 0,4 0,3 0,3 p/bv 0,4 0,9 2,2 2,2 1,6 2,1 1,7 1,6 1,45 ev/ebitda 3,3 4,9 7 7 5,6 8,9 8,6 5,3 5,7 number of shares 6.4
Slide 32: Space Hellas Stock Chart 2001 - 2025
Space Hellas Stock Chart 2001 - 2025 • Ref. Symbols: SPACE (ATHEX) • Sector/Subsector: Telecommunications /Telecommunications Equipment • Market: Securities Market • Market segment: Main Market • Listing price per share €18,34 • Price per share € 6,10 (14/05/2025) • Market Capitalization €39.384.833
Slide 33: Shareholders' Structure
Shareholders’ Structure Free Float Manolopoulos 30.851% 33.384% 2025 19.330% 16.435% Bellos Alpha Bank Alpha Bank Group, one of the largest financial institutions in Greece Space Hellas All Rights Reserved 33
Slide 34: Thank you for your attention
Empowering Your Digital Transformation Journey Thank you for your attention Classification ISO 27001: Public MK-19052025-1 www.space.gr