Slide 1: Full Year 2024 Financial Results
Innovative Software Solutions Full Year 2024 Financial Results April 2, 2025
Slide 2: Disclaimer
Disclaimer This document has been created by Profile Software (Profile) in order to be used for specific purposes in corporate presentations. The information included in this presentation has not been reviewed by an independent authority. No belief, position or opinion expressed should be based on t
Slide 3: Agenda
Agenda Overview Financials Industry Strategy Stock info 1 2 3 4 5 3
Slide 4: Overview
&Profile Software Overview
Slide 5: About us
About us Established in1990 Growth : Financial Performance __________________ 2.0x in Revenues and 60,0 As a specialized EBITDA software solutions 2.5x in Net Profits provider since 2021 50,0 CAGR 26% +33% 40,0 Addressing to the Acquisitions: 2 Investment _________________ +20% million € 30,0 Manage
Slide 6: Key Milestones
6 Key Milestones 2024 Launch of the 2003 2013 new RegiStar - Listed in the Athens Acceleration of 2021 Shareholder Stock Exchange International Euronext Centevo Management Expansion (Nordics) Acquisition – Launch of Next-gen Investment Asset & Fund Launch of the Management Solutions integration inno
Slide 7: Solutions portfolio
Solutions portfolio Investment Banking Large-Scale management solutions solutions solutions Workflow / Doc. Mgt Wealth management Digital banking systems Software Platforms & Custody Core banking Onboarding Asset and Fund Payments & Pension Treasury management management systems Shareholders Risk ma
Slide 8: Investment management solutions
Investment management solutions Wealth Management Asset & Fund Management Custody Shareholders Management • Performance analysis & risk metrics • Funds management & admin • Full STP: SWIFT Messages • Covers all regulatory obligations • Asset allocation • Compliance & Reporting & Automations • Shareh
Slide 9: Banking solutions
Banking solutions Digital Banking Core Banking Treasury Management Risk Management • Onboarding, KYC • Powerful Banking End-to-End • Full front-to-back-to-risk • Regulatory Compliance • Quick implementation • Any kind of Loans, Deposits, • Banking & Corporate treasury • Calculations & Reporting • Mo
Slide 10: Cutting-Edge AI & Fintech Innovation
Cutting-Edge AI & Fintech Innovation Predictive Popular use-cases Tell me what ▪ Text to info happened and 1. Organize metadata and generate multi-source reports what to do ▪ Conversational AI 2. Auto-categorize unstructured text/voice ▪ Document intelligence information Generative 3. Enhance meetin
Slide 11: Presence in 50+ countries
Presence in 50+ countries Entities in 11 Key financial centers • Athens (HQ) • Thessaloniki • Patras • London • Paris • Stockholm • Oslo • Dubai • Nicosia • Miami • Singapore Offices Presence 11
Slide 12: Industry Recognition
Industry Recognition Recognised among the top global solutions providers AWARDS REPORTS Gartner® Magic AI & Data Awards AI & Data Awards Global FinTech Global FinTech Quadrant 2025 2025 Innovation Awards Innovation Awards Retail Core Banking Best Natural Best Generative 2024 2024 Systems, Europe Lan
Slide 13: Competitive Landscape in Financial Solutions
Competitive Landscape in Financial Solutions Investment Management Software Banking Software Wealth Custody Fund Shareholder Mgmt / Digital & Treasury Risk Management Management Management Investor Comms Core Banking Management Management Excellence over a wide breath of functionalities 13
Slide 14: Indicative Clientele
Indicative Clientele Europe MEA, APAC Americas 14
Slide 15: Client testimonials
Client testimonials “This partnership is a testament to our dedication to providing strong investment products, supporting customers following local market standards, and we are enthusiastic to work closely with them”. Morten Rasten, Executive Director, Danske Invest Management A/S - Denmark
Slide 16: Client testimonials
Client testimonials “This platform marks a significant advancement in our Investment Services and will provide our clients with a unique and enhanced experience”. Simon Azzopardi, Chief Personal & Wealth Officer, Bank of Valletta - Malta
Slide 17: Client testimonials
17 Client testimonials “Implementing Profile’s Finuevo Suite marks a significant milestone in our digital transformation journey. Terry-Ann Graver, CΟΟ, First Global Bank – Caribbean region
Slide 18: Client testimonials
Client testimonials “Every employee can see through the MyTEKA application that this ‘piggy bank’ is filled month by month, year by year, thanks to the transparent digital infrastructure.” Kyriakos Mitsotakis, Prime Minister - Greece
Slide 19: Financials
&Profile Software Financials
Slide 20: 2024 Key Financial Highlights
2024 Key Financial Highlights Delivering on our strategy Recurring New New EBITDA Revenues Revenues Contracts Cash Contracts €10.3 m € 40.1 m +18% Value € 21.2 m 42 +41% € 35 m New Debt / New Net Income Growth Revenues Backlog Clients € 5.6 m EBITDA +33% +55% € 130 m 26 +45% 0.9x 20
Slide 21: Strong Revenue Growth
Strong Revenue Growth Key drivers in 2024: 40,1 New Revenues +55% +33% 40,0 • High demand for technology solutions 35,0 30,1 • Improving value & quality solutions for clients +20% 30,0 25,0 • Replacements of legacy systems +25% • New products launch & significant upgrades 25,0 20,0 • Up/Cross-sellin
Slide 22: Revenue breakdown
Revenue breakdown €m Revenue by Geography 2024 Revenue by type 2024 2021 2021 2,0 6,2 0,5 5,6 2x 20,2 19,9 2x 4,6 14,2 32,1 13,7 Europe MEA & APAC Americas Recurring revenue New sales 22
Slide 23: Profitability ratios
Profitability ratios Y-o-Y €m FY-23 FY-24 reported Revenue 30,1 40,1 33% 7,3 10,3 41% EBITDA Margin 24% 26% EBT 5,1 7,3 41% Net profit 3,9 5,6 45% EPS 0,2282 23
Slide 24: Solid Balance Sheet
Solid Balance Sheet 70,0 Balance sheet – Assets 60,0 Ratios 21,2 50,0 12,2 2,0 40,0 14,1 11,6 13,9 15,6 30,0 5,8 1,5 5,0 11,4 10,7 8,7 20,0 6,0 1,0 10,0 18,6 20,6 21,8 16,8 0,0 0,5 2021 2022 2023 2024 0,0 Cash & equivalents Trade receivables Other current assets 2021 2022 2023 2024 Non current asset
Slide 25: Liquidity
Liquidity €m 30,0 25,0 12,4 -1,1 3,5 21,2 20,0 -1,2 -3,6 -0,4 -0,6 15,0 12,2 11,6 10,0 -9,6 5,0 0,0 -5,0 Debt/EBITDA c0.9x 70% EBITDA/Cash Debt/Equity at <0.3 Current ratio 1.7x Rating A by ICAP
Slide 26: Industry
&Profile Software Industry
Slide 27: Industry
Industry The global software IT Spending is expected to spending in the Banking and see a three-year Investment Services vertical compound annual markets is forecast to grow growth rate (CAGR) of by 12.9% in 2025 with a total 14.1% to exceed an spend of $37 billion in estimated $54 billion by consta
Slide 28: IT spending Banking industry
IT spending Banking industry €bn Banking Trends 35.000 32.6 Composable technologies 30.000 28.7 25.5 Ecosystems 25.000 22.5 20.2 20.000 Cloud 18.0 16.1 AI 15.000 10.000 Adoption of architectural standards SaaS 5.000 0 2022 2023 2024 2025e 2026e 2027e 2028e APIs Source: Gartner 28
Slide 29: IT spending Investment Services industry
IT spending Investment Services industry €bn Investment Asset Wealth Management Trends 25.000 21.5 20.000 18.7 Hyperautomation 16.4 Cloud 15.000 14.3 12.6 11.0 Personalisation 9.7 10.000 AI 5.000 CX and analytics 0 ESG 2022 2023 2024 2025e 2026e 2027e 2028e Source: Gartner 29
Slide 30: Strategy
&Profile Software Strategy
Slide 31: Growth & Scale-up Strategies
Growth & Scale-up Strategies Growth Innovation M&A Efficiencies • Solutions focused on a • High R&D investments • Accelerate Growth • Multiple projects through a dynamic fintech sector single platform • Productized solutions; • Acquire Networks; • Global footprint functionality breath & high expand
Slide 32: Differentiation
Differentiation vs Traditional Vendors vs Neo Vendors Established in high value markets Functionality breadth while maintaining a flexible cost base over 3 decades of productization Innovation Financial health focused on high growth segments, at free cash flows, zero leverage par technologies Unders
Slide 33: Stock info
%Profile Software Stock info | z Gs \4t <<] 7 a ' . e / -. ull —_ pe
Slide 34: Stock information
Stock information Shareholder structure Listing Treasury Greek Shares ATHEX General Index, Institutional 1% Investors FTSE ΧΑ MID CAP 8% Management 10% Number of shares 24.745.934 Founder Founder Free Float: 47% 42% Retail Investors Foreign Institutional Investors Symbol Foreign Management Instituti
Slide 35: Stock information
Software Stock information % PROFILE SYSTEMS & SOFTWARE S.A, EUR 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 ® Profile — 35
Slide 36: Profile – upside potential
Profile – upside potential “Revenue growth is an important driver for higher valuations”. Goldenhill Q4 Financial Technology Sector M&A review Q4 2024 Source: 36
Slide 37: Comparative Multiples
Comparative Multiples Profile Multiples Peers EV/EBITDA MSCI Europe IT 20,5 21,0 17,0 Financial Solutions 16,0x 11,5x 12,0x 9,1x High Growth / Margins / 7,4x Recurring Rev Financial Solutions 8,0x 2,9x 2,5x 2,2x Peers EV/Sales 4,0x MSCI Europe IT 0,0x 6,0 2024 2025F 2026F 4,3 4,8 Financial Solutions
Slide 38: Thank you!
&Profile Software Thank you! & profilesw.com inv fe a5 ..8 TERA Wires t