Circle (CIRC) Investor Presentation summary

Group overview and business highlights

• International leader in digital solutions for port and intermodal logistics, with a focus on sustainability and energy transition.

• Listed on Euronext Growth Milan since 2018, with over 120 employees and a strong M&A track record.

• Main products include Milos®, Sinfomar, MasterSped®, and StarTracking®, serving clients across Europe, the Mediterranean, and the Middle East.

• 2023 revenues reached €13.2 million (+22% YoY), EBITDA €3.2 million (24% margin), and net profit €1.7 million.

• Over 30% of revenues generated outside Italy, with a growing international presence.

Strategic roadmap and growth plan (2024-2027)

• "Connect 4 Agile Growth" strategy targets smart cooperation, compliance, and digital transformation in supply chains.

• Focus on innovative technologies: AI, machine learning, optimisation, and federative services.

• Expansion into new geographies: Balkans, Morocco, Turkey, Egypt, Greece, Central Europe, and the Middle East.

• Systematic M&As and strategic alliances to enhance service offerings and market reach.

• Emphasis on sustainability, regulatory advances, and digitalisation of transport documents.

Financial performance and projections

• 2023 group revenues: €13.2 million (+22%), EBITDA: €3.2 million (+60%), net profit: €1.7 million (+102%).

• Proprietary platform revenues (mainly Milos®) doubled in 2023.

• Q1 2024 revenues up 16% YoY, proprietary products up 30%.

• 2024-2027 revenue CAGR projected at 23%, with proprietary products and federative services as key drivers.

• EBITDA margin expected to remain above 24% through 2027, with strong cash flow to support R&D and M&A.