The Platform Group (TPG) Investor Update summary

Strategic Vision and 2030 Growth Targets

• Revenue target set at €3 billion and GMV at €4.5 billion by 2030, with double-digit EBITDA margins and leverage below 1.8x.

• Plans to expand to over 40,000 partners and more than 50 industries, with significant U.S. market entry and B2B share rising from 38% to nearly 60%.

• Growth to be driven by platform expansion, scaling partners and products, and continued M&A activity with 3–11 acquisitions per year.

• U.S. market entry planned with a stepwise, low-risk approach, leveraging acquisitions and niche market focus.

• B2B e-commerce and new industry entry seen as high-growth opportunities, with proprietary software enabling rapid scalability.

Margin Improvement and Operational Efficiency

• EBITDA margin improved from 5% in 2023 to an estimated 7.5–8% in 2024/2025, with double-digit margins targeted by 2028–2030.

• Margin expansion initiatives include delisting low-price articles, reducing discounts, increasing take rates, and lowering free shipping share.

• Portfolio focus shifting to larger, strategic subsidiaries, with divestment of small, low-contribution or non-core units.

• AI-first program launched to optimize over 60% of processes by 2030, reducing costs and headcount.

• AI-driven cost savings of €8–15 million expected annually, supporting margin expansion.

Technology and Process Innovation

• TPG ONE software enables plug & play onboarding, automated processes, and access to over 50 marketplaces.

• AI implementation is the largest internal project, already optimizing 12% of processes, with further expansion planned.

• AI to transform software development, online marketing, content creation, HR, and finance functions, with content creation costs to be halved.

• Dedicated AI department established, with weekly AI workshops for all employees.

• Centralized operational departments and experienced management team drive strategic execution.