Ediliziacrobatica Spa · MIL:EDAC
Ediliziacrobatica Spa — Investor Presentation (September 2025)
26 slides from Ediliziacrobatica Spa's investor presentation, September 2025
Slide 1: Acrobatica: Renovate, Rebuild, Rethink
MCROBATICA RENOVATE, REBUILD, RETHINK
Slide 2: It all began in the early 90s
It all began in the early 90s, when Riccardo Iovino, a skipper of Genoa accustomed to moving at high altitudes to carry out maintenance on the masts of boats, found himself in front of a friend who had to solve the problem of a gutter to be repaired in a poorly accessible spot. Riccardo proposes to
Slide 3: Founder quote: Riccardo Iovino
“Seeing the enthusiasm and gratitude that came out of my speech, I saw the opportunity of a useful service for many people: to make simple what would be complicated in another way, with both economic and efficiency advantages”. Riccardo Iovino
Slide 4: A leading player constantly adapting to the growing needs of construction services
A leading player constantly adapting to the growing needs of construction services CONSOLIDATION OF ITALIAN MARKET AND DIVERSIFICATION SET UP GEOGRAPHICAL OF EXPANSION SERVICES 1994 2010 2011 2024 2025 Start of activities in Geographical Complete offer of services Genoa with the expansion throughout
Slide 5: Milestones
MILESTONES EDAC achieves Acquisition of Etair Acquisition of Acquisition of Expansion in the 17 €/Mln in Mediterranée. Accés Vertical Acquisition of 80% stake in Northern Italy. revenues EDAC expands in (Barcelona 51% stake in Verticaline. EdiliziAcrobatica milestone. Southern France. Spain). Over E
Slide 6: Dynamic company offering multiple services with a tailored approach to a diversified customer base
• Opportunity for families to plan the FAMILIES work and expenses • Scheduling a maintenance plan of condominiums avoiding irreversible damage that would cause higher expenses BUILDING • Constant support to condominium managers in discovering the Dynamic company offering multiple services advantages
Slide 7: Core Businesses
Multiple services with a tailored approach to a diversified customer base Securing and Prompt intervention o Removal of rickety objects of the building: façade, ledge, balcony, tiles removal o Prompt intervention includes all the services that are provided urgently Proofing o Removal of localized in
Slide 8: Vision and Mission
VISION "People are the real protagonists, we believe in the potential of each of them": this is the inspiring principle of the company, which has a constant attention to inclusion and meritocracy. Thanks to its limited environmental impact business, Acrobatica is able to concentrate and amplify its
Slide 9: Our Businesses
OUR BUSINESSES ACROBNATICN RENOVATE, REBUILD, RETHINK A) ACROBATICAGROUP lj ACROBATICA GROUP ai VOLTICA ACROBNATICN AEOLICA enlighten ing your tomorrow MULTISERVIZI AM sitidetiyving = OCROBATICN (\ REBILDO reshaping your building ACROBATICN
Slide 10: High growth potential to be captured and global footprint
FACTS AND FIGURES IN H1 2025 EVOLUTION OF CONSOLIDATED REVENUE HIGH GROWTH POTENTIAL TO BE (€/mln) CAPTURED AND GLOBAL 158,8 154,5 134,5 +14.000 +3.000 ~175 87,7 CONSTRUCTION PEOPLE 41,8 46,2 BRANCHES 25,0 SITES Group level In Italy, Europe, 1,7 FOOTPRINT (Opened in H1 2025) World 2010A 2018A 2019A
Slide 11: Scalable business model driven by standardization of process and seizing market opportunity
SCALABLE BUSINESS MODEL DRIVEN BY STANDARDIZATION OF PROCESS AND SEIZING MARKET OPPORTUNITY A MARKET OPPORTUNITY STANDARDIZATION OF SCALABILITY CHARCTERIZED BY PROCESS FRAGMENTATION AREA MANAGER SALES MANAGER OPERATION MANAGER 1 to 3 1 to 6 TECHNICAL SALES REP OPERATIONAL TEAM
Slide 12: Slide 12
Slide 13: HR & Marketing
HR & MARKETING Training in Acrobatica is a fundamental asset that not only >62.000 training hours + Group FB Wallman helps to reduce accidents at work to zero, but represents a strong incentive 39.378 curricula vitae for those who want to approach this H1 2025 profession abandoning the traditional 2
Slide 14: Our Point of Sales
POINT OF SALES _ ACROBATICA
Slide 15: Our Interventions
AGN wy OUR "* INTERVENTIONS ACROBATICA
Slide 16: Financials
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Slide 17: Revenues Analysis
REVENUES 7.944 5.109 5.140 3.813 ANALYSIS 62.016 67.121 CONSOLIDATED REVENUES (€/000) – HY 2024 / HY 2025 HY 2024 HY 2025 Italy Europe World
Slide 18: EBITDA & EBITDA Margin
Margin EBITDA: 9.9% of Revenues Margin EBITDA: 8.2% of Revenues EBITDA & 751 2274 EBITDA MARGIN 2 EBITDA (€/000; %) – HY 2024 / HY 2025 6.622 4.295 -352 HY 2024 HY 2025 Italy Europe World
Slide 19: EBIT and Earning Analysis
EBIT AND EARNING ANALYSIS CONSOLIDATED EBIT (€/000;%) CONSOLIDATED NET INCOME(€/000;%) – HY 2024 / HY 2025 – HY 2024 / HY 2025 EBIT Margin: 4.3% EBIT Margin: 2.4% NET Income Margin: 0,5% NET Income Margin: -0,9% 3.057 615 364 -724 1.890 528 1115 392 2965 2097 HY 2024 -556 HY 2025 -1606 -523 -191 -86
Slide 20: Net Working Capital
NET WORKING CAPITAL NET WORKING CAPITAL (Euro/000) – FY 2024/ HY 2025 41.446 NWC FY 2024: € 22.740k NWC HY 2025: € 47.488k 26.669 15.804 18.598 -4.764 -7.995 -7.792 -11.738 Other Net CWC Other current assets Tax Payables Payables/Receivables FY 2024 HY 2025 COMMERCIAL WORKING CAPITAL (Euro/000) – FY
Slide 21: Net Financial Position & Equity Analysis
NET FINANCIAL POSITION & EQUITY ANALYSIS FY 2024 NFP BREAKDOWN NFP (+debt/(cash) (Euro/000) – FY 2024/ HY 2025 HY 2025 NFP BREAKDOWN 5.066 3.341 4.089 3.310 FY 14.210 2024 30.971 38.475 HY 36.564 2025 -25.168 -9.310 Bond Other financial debt Bond Bank financial debt Equity (Euro/000) – FY 2024 / HY
Slide 22: Cash Flow Analysis
CASH FLOW ANALYSIS FROM 01 JANUARY TO 30 JUNE Cash & Cash Net Cash Flow Cash & Cash equivalents -16.598K equivalents at the at the END BEGINNING 24.262 7.664 3.419 -979 -19.322 CF FROM FINANCIAL CF FROM ACTIVITIES INVESTMENTS CF FROM OPS
Slide 23: Stock Performance
16/11/2018 16/01/2019 16/03/2019 Ticker: EDAC 16/05/2019 IPO PRICE: €3,33 16/07/2019 IPO PROCEEDS: €5,7M Shares: 8.422.885 16/09/2019 16/11/2019 16/01/2020 Market: Euronext Growth Milan 16/03/2020 16/05/2020 16/07/2020 16/09/2020 16/11/2020 16/01/2021 16/03/2021 16/05/2021 EDAC IM Equity 16/07/2021
Slide 24: ESG
ACROBATICN
Slide 25: Sustainability Path
2020 • The ESG journey is the result of a formal process that began in 2020. From a substantial point of SUSTAINABILITY view, sustainability was already integrated into the business model and the original idea that gave rise to the company, highlighting a low environmental impact, especially when co
Slide 26: Contacts
Italy (HQ) - Via Filippo Turati, 29 – 20121, Milano Riccardo Banfo Chairman & Group CFO Spain - Carrer Girona, 134, 08037 – Barcelona r.banfo@acrobaticagroup.com France - 102 Avenue des Champs-Elysées, 75008 – Paris +352 661005577 Monaco - 7 Avenue Saint-Michel, 98000 – MC Principauté de Monaco UAE
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