Maps (MAPS) Investor Presentation summary

Company evolution and business model

• Transitioned from custom software projects to a focus on innovative, scalable products in fast-growing markets, especially healthcare and energy.

• Achieved growth through strategic acquisitions and a business model shift toward recurring product revenues.

• IPO on Borsa Italiana provided recognition and fueled further expansion.

Financial performance and revenue breakdown

• 2024 total revenues reached €29.8M, up 8% from 2023, with EBITDA up 47% to €7.4M and EBITDA margin at 25%.

• Net financial position improved significantly, halving debt to €7.0M.

• 87% of 2024 revenues came from proprietary products, with 41% from recurring fees.

• Healthcare remains the largest business unit, followed by energy, ESG, and lab segments.

Business unit highlights

• Healthcare: Italian leader in patient experience solutions, serving 20% of public hospitals and all top 5 private groups.

• Energy: Key growth area with digital platforms for real-time monitoring, optimization, and energy community management.

• ESG and Lab: Focus on value governance, sustainability, and tailored technology projects for public and private sectors.