Circle (CIRC) investor relations material

Financial performance and growth

• FY2025 revenues reached €25.1 million, up 72% year-on-year, with EBITDA at €6.1 million (+102%) and net profit at €2.3 million (+59%), achieving a 24% EBITDA margin.

• Q1 2026 value of production was €7.5 million (+30%), with proprietary software products contributing €2.4 million (+19%).

• International revenues accounted for €5.2 million, representing 21% of total revenues.

• Net financial position was cash positive at €5.3 million as of Q1 2026.

• Guidance for 2026 projects value of production between €27.2–28.2 million and EBITDA of €6.3–7.1 million, maintaining a 24.5% margin.

Strategic roadmap and market expansion

• The Connect 4 Agile Growth plan focuses on international expansion, systematic M&A, and SaaS/cloud-based solutions.

• Ongoing and planned expansion targets the Mediterranean, Central and Eastern Europe, Middle East, and Africa.

• The 2029 market outlook estimates a potential market size of €2.5 billion, with a total addressable market of €5.5 billion.

• Strategic alliances and acquisitions are key to strengthening market presence and accessing new industries.

• Systematic M&A and organic growth aim for a €50 million+ revenue target by 2029.

Product innovation and technology

• Proprietary platforms like Milos®, MasterSped®, and StarTracking® drive intermodal logistics, customs, and airport tracking.

• Milos Intelligence leverages AI, machine learning, and digital twin technology for predictive logistics and operational optimization.

• Federative digital interoperability connects ports, terminals, and logistics operators across the Mediterranean.

• SaaS and cloud-based, modular solutions enable scalability and cost reduction for clients.

• Recognition in the Gartner Vendor Guide validates the group’s innovation and competitive edge.