Ediliziacrobatica Spa · MIL:EDAC
Ediliziacrobatica Spa — H1 2022 Earnings Presentation
23 slides from Ediliziacrobatica Spa's earnings presentation, 2022
Slide 1: Le soluzioni arrivano dall'alto! HY 2022
Le soluzioni arrivano dall’alto! HY 2022
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: The Services
THE SERVICES AVERAGE ORDER SIZE 2022: BUILDINGS WITH MORE THAN 3 € 6.100 FLOORS Securing and Prompt intervention Renovation Installation Building cleaning Monuments Removal of rickety objects of the Restructuring and maintenance Execution of hydraulic system Cleaning of walls and facades R
Slide 4: Our Customers
OUR CUSTOMERS We take care FAMILIES BUILDING MANAGER of all our customers The best opportunity for families is that you Our assistance service for condominium can plan the work and, consequently, the administrators will help you discover the expenses. You can also schedule a advantages of rope acces
Slide 5: The real strength of Ediliziacrobatica is people
THE REAL STRENGTH OF EDILIZIACROBATICA® IS PEOPLE
Slide 6: EDAC at a glance
EDAC AT GLANCE Business startup In France: Issued Bond (€ 5M) on EXTRA- Lion MOT Marseille EDAC achieved EDAC reached approximately New openings in EDAC reached about €17.4 million and 80 operational almost 4 million Italy, branches and € 13.4M of revenues teams euros in revenues franchising
Slide 7: EDAC Today
EDAC TODAY THE LEADING PLAYER IN THE OUTDOOR MAINTENANCE (ITALY & FRANCE) SUPERIOR AND INNOVATIVE MARKET OFFERING COMPARING TO THE TRADITIONAL OFFERING FASTER CHEAPER SAFER GREENER to To to From Spain EU Italy France HUGE POTENTIAL ADDRESSABLE MARKET TO CONQUER SCALABLE BUSINESS MODEL DRIVEN B
Slide 8: EDAC at a glance
at 30.06.2022 EDAC AT GLANCE 534 EdiliziAcrobatica S.p.A. (″EDAC″ or ″the Group») is specialized in outdoor Number of Acrobats maintenance and renovation of residential at 30.06.2022 buildings and architectural structures through the double rope safety tool, offering the following services: 1.070
Slide 9: 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 drives in CHARACTERIZED BY SCALABILITY OF PROCESS FRAGMENTATION # # Sedi # Area Manager Squadre operative Acrobatici Operative 2013 26 4 27 Sales manager Operation manager
Slide 10: HR + Marketing
HR + MARKETING at 30.06.2022 • 71.473 Training hours+ • 944.831 Sessions Group FB Wallman • 476.631 Web Searches • 42.594 Curriculum • 5.435 Questionnaires • 1.411 Media e Press relea • 2.453 Interview • 35% Impact on leads • 385 Hirings (Group)
Slide 11: Our Point of Sales
OUR POINT OF SALES
Slide 12: Our Interventions
OUR INTERVENTIONS
Slide 13: Revenues Analysis
FINANCIALS REVENUES ANALYSIS CONSOLIDATED REVENUES (€/000) – HY 2021 / HY 2022 36.781 67.893 +85% EN: 1.368 SP: 452 +40% FR: 2.500 1.774 35.007 +81,6% IT: 63.573 HY 2021 HY 2022 Italy France Spain EA110 CONSOLIDATED REVENUES BREAKDOWN– HY 2021 / HY 2022 Income Increase in Increase in Income related
Slide 14: Consolidated Contract Margin & EBITDA Analysis
FINANCIALS CONSOLIDATED CONTRACT MARGIN & EBITDA ANALYSIS CONSOLIDATED CONTRACT MARGIN (€/000; %) – HY 2021 / HY 2022 Consolidated 67% 50.000 45.019 55% 40.000 30.000 21.980 20.000 10.000 - H1 2021 H1 2022 EBITDA (€/000; %) – HY 2021 / HY 2022 TOT ITA + FRA + SP + EA110 – HY 2021: 6.960 19% of Reven
Slide 15: EBIT and Earning Analysis
FINANCIALS EBIT AND EARNING ANALYSIS CONSOLIDATED EBIT (€/000;%) CONSOLIDATED NET INCOME(€/000;%) – HY 2021 / HY 2022 – HY 2021 / HY 2022 EBIT Margin: +265% EBIT Margin: 15,5% 30,8% 1.600 +566% 10.665 5.707 20.880 EA110: 26 IT: 21.348 SP: -157 IT: 11.100 IT: 6.214 IT: 2.110 FR: -507 FR: -264 FR: -51
Slide 16: Net Working Capital
FINANCIALS NET WORKING CAPITAL NET WORKING CAPITAL (Euro/000) – HY 2021 / HY 2022 NWC HY 2021: € 17.318k 74.524 NWC HY 2022: € 26.283k 22.696 -11.452 5.766 -3.273 -7.871 -17.176 CWC Other current assets Tax Payables Other Net Payables/Receivables -19.611 HY 2021 HY 2022 COMMERCIAL WORKING CAPITAL (E
Slide 17: Net Financial Position and Equity Analysis
FINANCIALS NET FINANCIAL POSITION and EQUITY ANALYSIS HY 2021 NFP BREAKDOWN NFP (+debt/(cash) (Euro/000) – HY 2021/ HY 2022 HY 2022 NFP BREAKDOWN 9.772 67 HY 2021 7.733 9.751 16.800 810 13.519 -33.433 -6.793 HY 2022 -16.347 Bond Bond Other financial debt Other financial debt Bank financial debt Bank
Slide 18: Cash Flow Analysis from January to June
FINANCIALS CASH FLOW ANALYSIS FROM 01 JANUARY TO 30 JUNE Net Cash Flow NPF 21.767 ~ € (3,18)K NPF FY2021 HY 2022 3.612 Severance Indemnity Revaluations of Fund and other funds financial assets 6.793 597 EBITDA Capex Tax -453 -903 -2.229 -4.691 -5.233 Changes in Equity -5.670 Financial Charges Δ NET
Slide 19: Stock Performance
€5,7M 16/11/2018 16/12/2018 IPO PROCEEDS: 16/01/2019 IPO PRICE: €3,33 16/02/2019 Ticker: EDAC 16/03/2019 16/04/2019 Shares: 8.235.685 16/05/2019 16/06/2019 16/07/2019 16/08/2019 16/09/2019 16/10/2019 Market: Euronext Growth Milan 16/11/2019 16/12/2019 16/01/2020 16/02/2020 16/03/2020 16/04/2020 EDAC
Slide 20: European Expansion Project
EUROPEAN EXPANSION PROJECT How the market is made … Small to medium-sized companies on rope Average turnover between 1 and 3 million Operating in the residential and industrial sectors EdiliziAcrobatica’s Expansion… how? Creating a network of small and medium-sized companies to be incorporat
Slide 21: EdiliziAcrobatica: ESG profile e Highlights
EdiliziAcrobatica: ESG profile e Highlights ENVIRONMENT The ESG path of EdiliziAcrobatica is the result of a formal process that began in 2020. From a substantial point of view, The business of EdiliziAcrobatica is characterized by a reduced environmental impact, especially when compared to that o
Slide 22: Social Environment Governance
A naturally sustainable service and a responsible approach that pursues the well-being and satisfaction of its internal and external stakeholders; Rated 19.2 - LOW by Sustaynalitics 8 DECENT WORK AND ECONOMIC GROWTH Environment Social Governance • Membership of the UN • 104.044 training hours • New
Slide 23: Investor Relator & Euronext Growth Advisor contacts
Headquarter Viale Brigate Partigiane 18/2A -16129- Genova (Italy) GROUP INVESTOR RELATOR & ESG MANAGER Euronext Growth Advisor e Corporate Broker Spain Carrer Girona , 134 - 08907 - 08037 Barcelona Martina Pegazzano, Investor Relator Banca Profilo S.p.A. France 102 Avenue des Champs-Elysées, 75008 –