Tinexta S.p.A. (0RIW) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Tinexta Group Consolidated Results as of the 03/31/2026 presentation. As a reminder, all participants are in listen only mode. After the presentation, there will be an opportunity to ask questions. At this time, I would like to turn the conference over to Mr. Joseph Mastrogacino, Chief Investor Relations Officer. Please go ahead, sir. Thank you, operator. Good afternoon and good morning to the folks connecting from abroad. Thank you for joining Tinexta's first quarter twenty twenty six results presentation. Here with me today are Dona Palsy, Group Chief Financial Officer. Good afternoon and good morning. As a reminder, all the relevant documentation of the first quarter results can be downloaded from the company website in the Investor Relations section. For the purpose of this call, I will cover some key highlights and updates of the call. Oddone instead will go over the first quarter financial results as well as the business unit's performance providing us with a deep dive. The last part of the call will be dedicated to Q and A. A recording of this conference call will also be available on the company website and it will be posted upon completion of this call. Without further ado, let me turn to Page five of the presentation, which is available on the website. Let's go directly to the KPIs. Revenues came in line with prior year at around 106,000,000 EBITDA adjusted was $15,000,000 declining 14% versus the prior year. EBITDA on a reported basis was $14,000,000 net profit adjusted was $1,000,000 for the quarter. Net financial position came in at $351,000,000 versus the $240,000,000 of the fiscal year 2025, while a very strong performance from free cash flow on an adjust...