Cy4gate (CY4) Investor presentation summary

Company overview and market positioning

• Operates as a 360° cyber vendor with proprietary technology and a unique presence across cyber intelligence, cybersecurity, and forensic intelligence segments.

• Achieved 8x revenue growth since 2020, reaching over €100M, with a workforce of 541 employees in 2025.

• Pursues growth through partnerships, M&A, and a global footprint, serving governments, large corporations, and SMEs.

• Listed on the STAR Market of the Italian Stock Exchange since June 2023.

Financial performance and outlook

• FY 2025 value of production reached €101.5M, up 35% YoY, driven by forensic and decision intelligence projects.

• EBITDA rose to €20.8M (+78.7% YoY), with margin improving to 20.4%.

• Net result improved to -€8.0M, and net financial position strengthened by €17.1M.

• Orders acquired in 2025 totaled €139.5M, with a backlog of €120M.

• 2026 value of production is targeted at €104–108M.

Business segments and geographic breakdown

• FY 2025 revenue split: 44% forensic intelligence, 36% decision intelligence, 19% cybersecurity.

• Geographic mix shifted to 51% export and 49% Italy, reflecting increased foreign sales.