Slide 1: Franchetti Spa FY2024 Financial Results
Franchetti Spa FY2024 Financial Results Franchetti S.p.A. | FY 2024 Financial Results 31st March 2025 1
Slide 2: Scalable solutions for infrastructure management
Scalable solutions for infrastructure management Franchetti S.p.A. | FY 2024 Financial Results 2
Slide 3: Summary
Summary Proprietary software suites and algorithms Solving major pain points for infrastructure managers High profile B2B customers Large operators and global infrastructure funds Large addressable market 1,000,000+ estimated bridges in current targeted markets; potential to extend to ports, tunnels
Slide 4: Proprietary software - The suite
Proprietary software - The suite With the Argan predictive maintenance algorithm at its The predictive nature of its AI-powered algorithms core, the Franchetti suite enables its engineers to brings a new clarity to maintenance planning and provide all-encompassing solutions for infrastructure budget
Slide 5: Proprietary software - The business model
Proprietary software - The business model Combining pathbreaking technology with highly skilled engineers delivers value for both Franchetti and Revenues Breakdown its customers Franchetti offers infrastructure owners and operators a complete maintenance planning service Consulting Its 100+ highly e
Slide 6: High profile B2B customers
High profile B2B customers National and international public and private leaders in the management of road and railway infrastructures Long-term concessionaires of infrastructural networks (typically 20+ years) Indirectly…. Franchetti S.p.A. | FY 2024 Financial Results 6
Slide 7: Large addressable market
Large addressable market 46% Increased infrastructure investments, supported by the adoption of modern technologies (AI and ML), are driving growth in the digital twin and predictive maintenance markets WorldRankin Estimated No. of main network Country g bridges Important Drivers New Opportunities 1
Slide 8: High profitability
High profitability Value of production up to 9€m and EBITDA margin at 37.8%, confirming strong business momentum 10.0 37.7% 37.8% 40.0% 36.1% 9.0 35.0% 9.0 8.0 30.0% 7.0 23.7% 7.0 25.0% 6.0 5.0 20.0% 4.9 4.0 4.1 15.0% 3.0 3.4 6.6% 10.0% 2.0 2.5 2.3 1.8 5.0% 1.0 0.3 1.2 - 0.0% FY2020 FY2021 FY2022 FY
Slide 9: High profitability - Helped by visibility
High profitability - Helped by visibility Franchetti’s long-term relationships with its customers Backlog (€m) generate recurring business streams Backlog 45.0 ≈40 as at 31 Jan. 2025 40.0 40.0 35.0 With revenue visibility until 2029 and share for 2025 estimated approx. 34.2 32.6 30.0 at 32.5% of the
Slide 10: A Clear Growth Model - Three distinct pillars
A Clear Growth Model - Three distinct pillars Organic Growth Strategic Strategic territorial M&A technology M&A • Legacy Italian market continues to • International acquisitions of • Acquisitions aimed at improving grow, with new BIM obligations companies operating in the the group's technological c
Slide 11: A Clear Growth Model - A structure fit for purpose
A Clear Growth Model - A structure fit for purpose R&D at the core of our Preparing for growth with Strengthening business targeted investments management team • ML tools to industrialize • Growing our hardware • General manager with digitalization process of customer infrastructure to take on large
Slide 12: FY2024 Financial Highlights
FY2024 Financial Highlights Franchetti S.p.A. | FY 2024 Financial Results 12
Slide 13: FY2024 Financial Highlights
FY2024 Financial Highlights Strong acceleration in Production Value and Profitability, with positive Net Cash Position and solid Backlog supporting future visibility. Value of Production (in €m) Ebitda (in €m) Backlog (€m) 9.0 3.4 ≈40 +28% vs 7.0 +34% vs 2.5 as at 1 Jan 2025 FY2023 FY2023 Net income
Slide 14: FY2024 VoP – Solid top line sustained by robust backlog
FY2024 VoP – Solid top line sustained by robust backlog Value of Production (in €m) Breakdown Value of Production (in€m) FY2023 FY2024 0.1 - 0.8 +28.0% 9.0 7.0 3.3 6.2 5.6 FY2023 FY2024 Revenues Revenues Change in inventories Change in inventories VoP (in €m) Value of Production by geographic area (
Slide 15: FY2024 Profit & Loss – Strong growth at all level
FY2024 Profit & Loss – Strong growth at all level Operating cost breakdown (in€m) EBITDA (in €m) and EBITDA margin (% on VoP) 40% 37.8% 35% FY2024 FY2023 4.0 36.1% 30% 0.1 25% Cost for raw materials 0.1 20% +34.0% 3.5 2.0 15% Services costs 3.4 2.9 2.5 10% 0.4 5% Costs for the use of third-party ass
Slide 16: FY2024 Balance Sheet
FY2024 Balance Sheet Net Working Capital (in €m) Non-current assets (in €m) 9.7 6.5 0.2 0.2 Other 5.3 assets/liabilities Payables 7.5 Receivables Financial assets 2.4 Inventories 6.0 Fixed assets 5.8 0.1 Intangible assets 4.2 0.9 2.3 -1.3 -1.9 -0.7 -2.3 FY2023 FY2024 FY2023 FY2024 • 2024 has been an
Slide 17: FY2024 Net Financial Debt
FY2024 Net Financial Debt Group’s financial position impacted by capital injection and increasing of short-term bank debt Net Financial Position (in €m) (negative = cash) Cash at the end of December 2024 (in €m) 0.4 -1.1 Cash at CF from CAPEX Short-term Capital Other Cash at FY 2023 FY 2024 Jan 24 o
Slide 18: Thank you
Thank you Franchetti S.p.A. | FY 2024 Financial Results 18
Slide 19: Annex
Annex Franchetti S.p.A. | FY 2024 Financial Results 19
Slide 20: Franchetti’s History
Franchetti’s History 2005 2013 2015 2022 2023 2024 2025 Specialization Foundation Contract for IPO on EGM: Acquisition • Strengthening Closing of the in the field of of Franchetti the Rio-Niterói EUR 2.5 million of Gallo of management acquisition of existing and brazilian Bridge, of capital Technics
Slide 21: Shares and Governance
Shares and Governance Board of Directors IPO Price (2022) € 3.00 Paolo Franchetti Chairman and CEO Stock Ticker FCH Michele Frizzarin Director Market EGM Rony Hamaui Director Warrants in circulation 1,007,746 Stefano Granati Independent director Warrant Ticker WFCH25 Remy Cohen Independent director
Slide 22: Management Team
Management Team Paolo Franchetti Michele Frizzarin Gianluca Del Fabbro Alexandre Dittert Omar E. Salustri CEO & Partner R&D Director, Partner GM Italy GM Brazil CFO - Franchetti Italy • Experienced civil • Structural engineer, • Management • Civil Engineer with 25+ • Graduated in engineer, specializ
Slide 23: Consolidated Profit & Loss
Consolidated Profit & Loss 31/12/2024 31/12/2023 Revenues 5.7 6.2 + Δ in inventories 3.3 0.8 + Other revenues & income 0.1 0.1 Value of Production 9.0 7.0 - Costs for raw materials - 0.1 - 0.1 - Services costs - 3.5 - 2.9 - Costs for the use of third-party assets - 0.4 - 0.3 - Personnel costs - 1.4
Slide 24: Consolidated Balance Sheet
Consolidated Balance Sheet 31/12/2024 31/12/2023 + Inventories 4.2 0.9 Inventories: Trade Receivables Other assets The Company has consist essentially of include: + Trade Receivables 7.5 5.8 maintained the same invoices issued and • Credits for deferred - Trade Payables - 1.9 - 1.3 methodology adopt
Slide 25: Consolidated Net Financial Debt
Consolidated Net Financial Debt 31/12/2024 31/12/2023 Liquidity 6.163.657 2.602.278 B) Cash and cash equivalents C) Other current financial assets 0 Other current assets 0 D) Liquidity (A+B+C) 6.163.657 2.602.278 E) Current financial debt 4.999.683 2.787.893 F) Current portion of non-current financi
Slide 26: Disclaimer
Disclaimer “This presentation and the information contained herein (unless otherwise indicated), are In all cases, the interested parties must carry out their own investigations and analyses of provided by Franchetti S.p.A. (“Franchetti”) solely for informational purposes. Franchetti which may inclu
Slide 27: Contacts
Contacts Investor Relations Manager Paolo Franchetti ir@franchetti.it IR Advisor T.W.I.N. Srl franchetti@twin.services Certified by: Franchetti S.p.A. | FY 2024 Financial Results 28