Allcore S.p.a. · MIL:CORE
Allcore — Investor Presentation (October 2023)
19 slides from Allcore's investor presentation, October 2023
Slide 1: Investors Presentation
Investors Presentation October 2023
Slide 2: Today's presenting team
Today’s presenting team Gianluca Massini Rosati Luca Tempesta Founder Chief financial officer – Allcore SpA Chairman – Allcore SpA Started Allcore in 2016 Serial entrepreneur Private and confidential 2
Slide 3: At a glance
= _—> Allcore At a glance
Slide 4: A growing one-stop-shop for Italian SMEs & Micro Enterprises
A growing one-stop-shop for Italian SMEs & Micro Enterprises 4
Slide 5: Organization chart
Organization chart Allcore SpA Amyralia Srl ST Consulting Sas Soluzione Meeting Srl Finera Srl Xriba Italia Srl RSM Soluzione Funding Srl 5
Slide 6: Allcore Spa VoP (Eu mn) FY16-1H23
Allcore Spa VoP (Eu mn) FY16-1H23 +49% VoP CAGR FY18-22 36,1 19,9 Allcore Spa VoP (Eu mn) FY16-FY22 17,5 8,2% 2,6% Clients served by the 5986 group in 2022(o/w -50% 7,4% 6,8% recurring) 27,5 5,4% 3,7% 8.8% Cross-Selling revenues 19,3 in 2022 (+53.8% YoY) 13,3 3,3% 2,0% 7,3 75,6% 84,8% 2,4 0,1 FY16A
Slide 7: …laying on a cash generative and solid business
…laying on a cash generative and solid business Net debt (Eu mn) Commercial Working Capital evolution (DSOs e DPOs) EBITDA 1H21 - 1H23 Capex evolution (Capex/VoP) Private and confidential 7
Slide 8: PFN vs Cash Flow: Analyses
PFN vs Cash Flow: Analyses Net debt (Eu mn) Cash Flow Statements Private and confidential 8
Slide 9: A look into the future
CN 7 Allcore A look into the future
Slide 10: New business activities for the business growth
New business activities for the business growth Premium version Staff hunting and Partnership Club Deal Division release recruiting invoice trading 10
Slide 11: M&A initiatives
M&A initiatives Incoming vertical, new project Management Training & Commercial Information Club Deal Division Seminars & Debt collection 2022 Results: 2022 Results: 2022 Results: Revenue: 1,6 ml/€ Revenue: 1,4 ml/€ Revenue: 2,3 ml/€ EBITDA: 0,36 ml/€ EBITDA: 0,24 ml/€ EBITDA: 0,4 ml/€ 11
Slide 12: Appendix
NS — I-A J = Allcore
Slide 13: Shareholding Structure
Shareholding Structure Other Dolphin S.r.l. Smartmistake S.r.l. Market Owned Stock shareholders 60,44% 6,71% 31,50% 1,09% 0,26% Allcore S.p.A. 10,83%* RSM S.r.l. C.s. € 299.096 Software Community Credit brokerage Strategic Tax and legal development and membership and and subsidized consulting and co
Slide 14: Corporate Governance
Corporate Governance Board of Directors G. Massini Rosati Chairman and CEO Felice Massa A. Piovesana Independent Director Director Independent Auditor Private and confidential Sources: management 14
Slide 15: Financials
Financials Income statement Description 1H21 1H22 1H23 Value of production 12.3 17.5 19.1 operating costs (11.4) (15.5) (18.1) EBITDA 0.9 1.9 1.5 %on value of production 7.3% 11.1% 9.1% D&A (0.1) (0.3) (0.4) * Operating profit/loss (EBIT) before Bad debt previsions (0.0) (0.0) (0.3) amortisation/dep
Slide 16: Financials
Financials Balance sheet Description 2021A 2022A 1H2023 Intangible Assets 2.9 4.1 6.3 Tangible Assets 0.1 4.5 5.0 Financial Assets 0.4 2.7 2.1 Fixed Assets 3.4 11.3 13.3 Inventory 2.5 0.2 1.4 Trade receivables 4.2 4.9 5.3 Trade payables (3.5) (5.0) (5.2) Other current assets 1.6 4.4 3.1 Other curren
Slide 17: Financials
Financials Cash flow statement Description 1H22 1H23 Net Income 1.1 0.8 Depreciation and amortization 0,3 0,4 Taxes 0,0 0,1 Other funds 0,1 (0.8) NWC 1.1 (1,3) Net Cash Flow Operations 2.6 (0.8) Capital Expenditures (Property, Plant and Equipment) (0.9) (0.5) Payments for acquisition of Intangible A
Slide 18: Disclaimer
Disclaimer This document has been prepared by and is the sole responsibility of Allcore S.p.A. (“Allcore S.p.A.” or the “Company”) for the sole purpose described herein. The information contained herein does not contain or constitute an offer of securities for sale, or solicitation of an offer to pu
Slide 19: Allcore S.p.A.
Allcore S.p.A. Via S. Gregorio, 55 Milan (MI) +39 800 960599 www.allcore.it