Growens (GROW) Investor presentation summary

Business overview and strategy

• Current perimeter comprises Agile Telecom, Beefree and the holding entity, with teams based in Europe and the US; 1H 2026 revenue mix was 80% CPaaS and 19% SaaS.

• International revenues rose from 10% to 80% since IPO; services reach ~12,000 clients and 1.4m free users across 195 countries.

• Growth priorities include investing €15m in Beefree R&D and marketing in 2024–2026, pursuing Beefree-focused add-on acquisitions and opportunistic divestments.

• Since 2023, sales of MailUp-related businesses and Datatrics generated €78.3m gross consideration; 2024 RGE asset acquisition consideration was up to $6.6m.

Beefree

• Beefree serves ~10,000 paying clients and 1.6m free users; its tools are used by 1,100+ SaaS applications, with 98% recurring revenues and 89% gross margin.

• September 2026 ARR was $18.7m, up 7.8% YoY; SDK ARR was $12.9m, up 12%, and RGE Studio ARR was $5.5m, down 1%, as of June 2026.

• Beefree 1H 2026 revenue was €7.6m, down 7.4% YoY, while EBITDA loss narrowed to €0.5m from €1.4m.

• Beefree positions its no-code email and landing-page editor and embeddable SDK as a standard SaaS tool; 75% of Forrester Wave email marketing providers and 71% of selected platforms used the SDK in cited analyses.

Agile Telecom

• Agile Telecom provides wholesale A2P messaging, with 375+ direct carrier connections and a focus on low-latency transactional messages such as one-time passwords and alerts.

• FY 2025 revenue was €61.8m, up 2.4% YoY, and EBITDA was €2.9m, up 46.8%.

• 1H 2026 revenue was €32.6m, up 13.0% YoY; gross margin was 12% and EBITDA margin was 4%.

• Qlara.ai, an AI-powered multichannel SME marketing platform using Agile messaging infrastructure, launched in Italy in October 2026.