Technoprobe Spa · MIL:TPRO

Technoprobe Spa — Q2 2025 Earnings Presentation

14 slides from Technoprobe Spa's earnings presentation, Aug 7, 2025

  1. Slide 1: H1 2025 Results Presentation

    H1 2025 Results Presentation August 7, 2025

  2. Slide 2: Disclaimer

    Disclaimer This proprietary presentation (including any accompanying oral presentation, question and answer session and any other document or materials distributed with or in connection with this presentation) (collectively, the “Presentation”) has been prepared by Technoprobe S.p.A. (the “Company”

  3. Slide 3: Technoprobe at a glance

    Technoprobe at a glance 1996 +600 Year of Foundation Proprietary patents ~3,300 €4.5bn Employees Market Worldwide Cap INNOVATION BEGINS WITH US 3

  4. Slide 4: H1 2025 market drivers

    H1 2025 market drivers Consistent growth in AI Revenues at 325.9€m up 7.3% QoQ Slight increase in Consumer market up 35.2% YoY Weakness in Automotive only partially offset by upward trend in Industrial INNOVATION BEGINS WITH US 4

  5. Slide 5: Financial Highlights

    Financial Highlights Revenues were 168.7€m up 21.1% YoY, up 7.3% QoQ Gross Profit was 79.9€m Q2 2025 up 38.4% YoY, with a margin of 47.3% Ebitda was 58.3€m up 61.8% YoY, with a margin of 34.6% Revenues were 325.9€m up 35.2% YoY Gross Profit was 150.6€m H1 2025 up 49.5% YoY, with a margin of 46.2% Eb

  6. Slide 6: H1 2025 results

    H1 2025 results H1 2025 H1 2024 YoY Variance Comments €m • Benefit from: o Organic growth: rising trend in AI and slight Revenues 325.9 241.1 +35.2% increase in consumer, partially offset by shrinkage in auto and industrial o Change of perimeter (6 months of DIS revenue in H1’25 vs 1 month in H1’24)

  7. Slide 7: Q3 2025 Guidance

    Q3 2025 Guidance Revenues: 137€m (+/-3%) Gross Margin: 41.2% (+/-2%) Ebitda Margin: 28.2% (+/-2%) INNOVATION BEGINS WITH US 7

  8. Slide 8: Q&A

    Q&A

  9. Slide 9: Appendix

    vvv Appendix er) TECHNOPROBE

  10. Slide 10: EUR/USD - Accumulated Average by Quarter

    EUR/USD - Accumulated Average by Quarter Average Q1 '25 Q2 '25 Q3 '25* Q4 '25* 1,052 1,134 1,168 1,186 1,150 3M 1,052 1,140 1,136 * 6M 1,093 2025 Av. 9M* 1,119 1,130 1,119* 12M* 1,136 1,120 * Estimate 1,110 1,100 1,093 1,090 2024 Av. Average Q1 '24 Q2 '24 Q3 '24 Q4 '24 1,080 1,086 1,087 1,086 1,077

  11. Slide 11: Consolidated Income Statement

    Consolidated Income Statement €/thousands 30/06/2025 30/06/2024 Revenue 325,860 241,050 Cost of revenue (175,241) (140,298) Gross profit 150,619 100,752 Operating expenses Research and development (26,913) (29,805) Selling, general and administrative (49,585) (36,800) Net impairment losses/reversals

  12. Slide 12: Consolidated Balance Sheet

    Consolidated Balance Sheet €/thousands 30/06/2025 31/12/2024 €/thousands 30/06/2025 31/12/2024 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 281,816 295,147 Share capital 6,533 6,533 Intangible assets 61,089 65,541 Reserves 1,193,210 1,167,188 Goodwill 42,524

  13. Slide 13: Consolidated Cash Flow Statement

    Consolidated Cash Flow Statement €/thousands 30/06/2025 30/06/2024 Profit before tax 46,042 43,238 Adjustments for: Amortization, depreciation and impairment 32,240 26,553 Gains (losses) on disposals 1,685 (4) Net Finance (income) expenses (8,428) (6,221) Provisions to funds 7,301 - Other non-cash a

  14. Slide 14: er) TECHNOPROBE

    er) TECHNOPROBE

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