Slide 1: Q1 2025 Connect the future
Q1 2025 Connect the future 10 April 2025 - Investor presentation 1 Classification : public
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Ekinops. This presentation is not for purely indicative. It does not constitute an offer or invitation for the sale or onward distribution. Neither the whole nor any part of the information in this purchase of securities or any of the businesses or a
Slide 3: Speakers
Speakers Didier Brédy Dmitri Pigoulevski CEO CFO 3 Classification : public
Slide 4: We provide open, trusted and innovative network connectivity solutions
We provide open, trusted and innovative network connectivity solutions 2024 revenue: 118 m€ • 2024: 15.3% EBITDA • 2023: 14.4% EBITDA • 2022: 17.7% EBITDA Carrier-grade Solutions • 2021: 16.9% EBITDA Optical Transport Global operations • Customers in over 70 countries • Worldwide customer support, i
Slide 5: Q1 2025 revenue: 28.5 M€
Q1 2025 revenue: 28.5 M€ €m - IFRS - non-audited 2024 2025 Change Q1 Revenue 28.3 28.5 +1% • Revenue of 28.5 m€ in Q1 2025, up +1% (stable at constant exchange rates) • in line with Group’s expectations • excluding North America (20% of total sales), revenue was up +7% • +11% growth in Access in Q1
Slide 6: Growth in France and EMEA, decline in North America
Growth in France and EMEA, decline in North America EMEA France North America Asia-Pacific (excl. France) 44% 36% 20% n.s. vs. 32% vs. 37% identical vs. 2% FY 2024 FY 2024 in FY 2024 FY 2024 +4% growth +21% growth -20% decline Less than 1% of Group’s following a strong growth total revenue Double di
Slide 7: Impact of new U.S. tariffs
Impact of new U.S. tariffs • Ekinops is currently exploring various options to adapt its commercial strategy to the new situation • Reminder: all manufacturing and assembly operations for the equipment sold in the U.S. are carried out exclusively in Europe • at the company's own production site in B
Slide 8: 2025 Outlook
2025 Outlook • Reminder: no guidance in the context of complex and uncertain market conditions • Q1 2025 sales in line with company expectations • sales still down in North America – but steady vs. last quarter • solid growth in France • sustained progress in EMEA, both in Access and Optical transpo
Slide 9: Capital markets snapshot
Capital markets snapshot Shareholding Stock market data (April 10, 2025) 27,034,997 shares (31 March 2025) • ISIN: FR0011466069 4.3% • Ticker symbol: EKI • Stock price: €3.32 11.8% • Market capitalization: €90 m Management & Employees • Daily average liquidity (over 1 year) : €73 K 11.7% Bpifrance F
Slide 10: Thank you
Thank you www.ekinops.com 10 Classification : public