Allcore S.p.a. · MIL:CORE
Allcore — Investor Presentation (October 2024)
28 slides from Allcore's investor presentation, October 2024
Slide 1: Allcore
— Allcore
Slide 2: Investors Presentation October 2024
Investors Presentation October 2024
Slide 3: Gianluca Massini Rosati, Founder and Chairman
Gianluca Massini Rosati Founder Chairman — Allcore SpA Started Allcore in 2016 Serial entrepreneur
Slide 4: At a glance
Slide 5: AcquistiamolatuaCasa
AcquistiamolatuaCasa oe
Slide 6: Allcore S.p.A. group structure
Allcore S.p.A. — i CS _—> —S ore Strategic consulting, training & recruitment Tax and legal consulting Credit brokerage and subsidized finance Commercial Information & Debt collection Community membership and working space management Software development and sale under concessions Amyralia S.r.l. ST
Slide 7: Allcore Spa VoP FY16-FY23
Allcore Spa VoP (Eu mn) FY16-FY23 +40% VoP CAGR FY18-23 FY20A
Slide 8: Allcore
V) Allcore LORENZO AIT GIANLUCA MASSINI ROSATI GIORDANO GUERRIERI = LA NAZIONE x Lf Taupe &copIce DEL, CREDITO é yee GIANLUCA I PER ALLEGGERIRE GIANLUCA ‘Ss y ATI kICO FISCALE MASSINI ROSATI Fa i. ROS aa Fiscalmente Inattaccabile La strategia definitiva per ad E P s ridurre drasticamente le impgste
Slide 9: Highlights H1 / 2024
Slide 10: Value of production 1H24 by business unit
Euro/o0O BU Tax and BU Community BU Strategic BU Software BU Credit BU BU BU Real legal membership consulting development brokerage and Debt Instant Estate consulting and working and subsidized collection and Buyer space recruitment finance Business management information VdP 1H24 19.892 Dif. YoY 2.
Slide 11: Revenue, EBITDA and net profit 1H22 - 1H24
Revenue (1H22 - 1H24) Revenue / (k€) 19.040 EBITDA (1H22 - 1H24) Ebitda / (k€) 1933 Commercial Working Capital evolution (DSOs e DPOs) DSOs & DPOs DE 53.55 1H23 1H24 Capex evolution (Capex/VoP) CAPEX / VoP 9.2% Net Working Capital evolution NWC / (k€) Net Profit (IH22 - 1H24) Net Profit / (k€) 14 i
Slide 12: Net debt and Cash Flow Statements
Net debt (Eu mn) Cash Flow Statements PEN / (k€) Description 1H22.1H23_—-1H24 Net Income 1 0.8 08 6842 6347 Depreciation and amortization 03 0,4 0.7 Taxes 0,0 0,1 (0.3) Other funds fon (0.8) 04 ea NWwc ul (13) (29) ia Net Cash Flow Operations 2.6 (0.8) (1.4) Capital Expenditures (Property, (0.9) (0.
Slide 13: Increasing in automatic bookkeeping recordings
Increasing in automatic bookkeeping recordings == autorega_percentage +V1+V2 — == autorega_percentage - V1 - V2 1 " \ " A ' aa Wo wh es Aw \ ey ery y Waa! vy WoW. vw iy) { 2024-05-01 H Ay a ei a A} iV bya Se 2024-07-01 2024-09-01 of Client's 2023 Corporate Accounts delivered by 31st March 2024
Slide 14: Irec and AcquistiamolatuaCasa M&A closed
Irec CREDIT COLLECTION Revenue 2023: 1.482 k/€ Revenue Target 2024: 2.000 k/€ M&A CLOSED \@r AcquistiamolatuaCasa Revenue 2023: 1.483 k/€ Revenue Target 2024: 7.000 k/€ 13
Slide 15: A look into the future: The 5 pillars
Slide 16: Corporate merger and group restructuring
CORPORATE MERGER 5 Amyralia = Finera d= Estensya Estimates Cost Saving e 2024: 220 k/Eu e 2025 onwards: 540 k/Eu 1. GROUP RESTRUCTURING TUTORING EVOLUTION 2H24 Revenue: 800 k/€ FY25 Revenue 1.900 k/€ + Upsell 1.500 k/€ ALLGROWTH 2H24 Revenue: 500 k/€ FY25 Revenue 1.500 k/€ + Upsell 826 k/€ 80% compl
Slide 17: Preliminary Market Test Results
Preliminary Market Test Results Preliminary Partner Conversion Market Test Name Pietro Accountant 9) Gianluca Accountant 5 22.000 € 100% 9.550 € 2 Profession Opportunity | Contracts Revenues rate Upsell 98.000 € 89% 140.250 € 5.000 € 50% 26.400 € Vittorio Accountant Raffaella Business Advisor 18.000
Slide 18: AI products: VoiceInvoice, Yuxme, TaxDeclaration
Voicelnvoice: A voice assistant for issuing invoices with automatic field completion and sending, available for the main invoicing software in Italy and abroad. Yuxme Forfettario Facile Al Consultant: A prompt assistant capable of answering simple questions regarding tax and freelancer compliance pr
Slide 19: Management Training & Discharge of Debt
Management Training & Discharge of Debt Seminars Legal services => REVENUE 1,6m => REVENUE 10m > EBITDA0,36m > EBITDA0,30m
Slide 20: AcquistiamolatuaCasa
AcquistiamolatuaCasa INSTANT BUYER N°1 A ROMA Starting Point: Revenue: 1,5 ml EBITDA: 0,13 ml 2H 2024 23 December 2023 51% Acquisition 1° Minibond 2,0 ml € 1H 2024 Boost Phase Yuxme Al Allcore Method Financial Resources Scaling Up Phase FY25: Revenue 11 ml FY26: Revenue 18 ml 2H2027 Exit Phase FY27:
Slide 21: Appendix
Slide 22: Group shareholding structure
Dolphin S.r.l. Smartmistake S.r.l. Market Owned Stock Other Shareholders Allcore S.p.A. CS, € 299.096 RSM S.rl. 100,00% Finera S.r.l. C.S.€ 300.000 Yuxme S.r.l. C.S.€ 10.000 ST Consulting S.a.s. C.S.€ 100.000 Soluzione Meeting Amyralia S.r.l. C.S.€ 25.000 Irec S.r.l. CS€ 15.349 7 Finera Mediazione S
Slide 23: Board of Directors
A. Piovesana Director Board of Directors G. Massini Rosati Chairman and CEO A. Independent Auditor PKF Felice Massa Independent Director
Slide 24: Income statement
Description Value of production operating costs EBITDA %on value of production D&A Bad debt previsions EBIT Financial items EBT Taxes Net Income Income statement
Slide 25: Balance sheet
Description Intangible Assets Tangible Assets Financial Assets Balance sheet 2022A 4] 45 2.7 Fixed Assets Inventory Trade receivables Trade payables Other current assets Other current liabilities 113 02 49 (5.0) 44 (3.4) NWC Provisions for risks and charges Employees leaving indemnity Capital Employ
Slide 26: Cash flow statement
Cash flow statement Description 1H22 Net Income 1 Depreciation and amortization 0,3 Taxes 0,0 Other funds 01 NWC Ml Net Cash Flow Operations 2.6 Capital Expenditures (Property, Plant and Equipment) Payments for acquisition of Intangible Assets Financial Assets Net Cash Flow from Investing Activities
Slide 27: 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 28: Thank you