Circle (CIRC) Investor Presentation summary

Business overview and market positioning

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

• Offers proprietary platforms like Milos®, Sinfomar, and MasterSped for logistics, customs, and supply chain visibility.

• Operates internationally, with over 30% of revenues from outside Italy and offices in Italy, Belgium, Portugal, and partnerships in Turkey and Greece.

• Serves major clients in ports, logistics, and industry, including IKEA, PSA, and several European port authorities.

• Employs over 130 people, promotes diversity, and invests in talent development and hybrid work models.

Financial performance and growth

• 2023 revenues reached €13.2 million (+22% vs 2022), with EBITDA of €3.2 million and a 24% margin.

• H1 2024 revenues grew 10% to €7.3 million, with proprietary product revenues up 27% and EBITDA margin at 24.1%.

• Proprietary platform revenues doubled in 2023 and Milos® Federative Services grew 37% in H1 2024.

• Cash and net financial position (NFP) adjusted to €7.6 million as of H1 2024.

• Revenue split in 2023: 42% product licenses, 24% consultancy, 16% product evolutions, 15% professional services, 3% help desk.

Strategic roadmap and innovation

• 2027 strategy focuses on smart cooperation, regulatory compliance, and global connectivity, leveraging IT and federative services.

• Plans to expand consultancy, enter new markets, and deliver turnkey projects beyond traditional services.

• Emphasizes R&D, with 17% of 2023 value of production invested in innovation and EU-funded projects.

• Proprietary solutions use AI, machine learning, and digital twins for supply chain optimization and predictive analytics.

• Green dashboard and ESG solutions support compliance with EU sustainability directives and carbon emission monitoring.