Powersoft (PWS) Corporate presentation summary

Business overview and strategy

• Recognized as a global leader in high-end professional audio, with 29 years of market presence and a focus on innovation and product design.

• Transitioned from a product company to a solution provider, emphasizing cloud-native IoT products and software-based services.

• Strong international presence with 68 distributors in 138 countries and direct operations in key markets including the US, China, and Japan.

• Strategic partnerships, such as with Ferrari, drive expansion into new markets and reinforce technological leadership.

• R&D investment is a core pillar, with 27% of employees in R&D and ~4.5% of revenues invested in FY 2023.

Financial performance

• H1 2024 revenues reached €36.9M, up 11.9% YoY, with EBITDA at €9.9M (+14.7% YoY) and a margin of 27.2%.

• Net profit for H1 2024 was €6.3M, a 20% increase YoY, supported by growth in both Install and Live sectors.

• Net financial position remains cash positive at €5.4M after a €10.7M dividend distribution and inventory strengthening.

• Market capitalization as of January 2025 is €170M, with shares listed on Euronext Growth Milan.

Market trends and growth opportunities

• Reference market for target applications expected to exceed €1B by 2030, with strong growth in installed, immersive, and leisure applications.

• Outperforming market average in recent years, with a focus on large install projects and immersive venues.

• Competitive landscape includes major players such as Biamp, QSC, Bose, and d&b audiotechnik.