Circle (CIRC) Investor Presentation summary

Business overview and strategic positioning

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

• Offers proprietary platforms (Milos®, MasterSped®, StarTracking®, KMaster®) and consultancy in EU affairs, funding, and strategic communication.

• Operates through multiple business units and subsidiaries, with 8 M&As since 2017 and a strong presence in Southern Europe, Mediterranean, Black Sea, and Middle East.

• Over 170 employees, 9 nationalities, and a 62% male, 38% female workforce, promoting diversity and hybrid work.

• Offices in Italy, Belgium, Portugal, and partnerships in Turkey and Greece, with ongoing international expansion.

Financial performance and growth

• FY 2024 revenues reached €14.6 million (+10% YoY), EBITDA adj. €3.3 million (+5%), and net profit adj. €1.8 million (+5%).

• Proforma 2024 revenues including new acquisitions: €21.4 million, EBITDA proforma €4.3 million, with a backlog of €28.5 million (+109%).

• Q1 2025 value of production up 59% YoY to €5.57 million, with proprietary software products up 137%.

• 2025 guidance: consolidated production value expected at €22.8–26.3 million, EBITDA €4.6–5.5 million.

• Targeting over €50 million annual revenues by 2028–2029 through organic growth and systematic M&As.

Product and service evolution

• Proprietary platforms and federative services drive revenue, with Milos® up 20% and federative services up 92% in 2024.

• 2024 proforma product revenues: €6.1 million; 42% of revenues from product professional services.

• R&D and innovation investments represent 21% of 2024 value of production, focusing on AI, machine learning, and digital twin technologies.

• Emphasis on digital interoperability, e-CMR integration, and real-time supply chain visibility.

• Green dashboard and ESG solutions integrated into platforms, supporting EU sustainability directives.