Verisure Group (VSURE) Company presentation summary

Strategic vision and business model

• Focuses on providing peace of mind and security to families and small businesses, with a mission to protect what matters most.

• Operates a vertically integrated model, controlling the full value chain from product innovation to customer service.

• Targets residential homes and small businesses in Europe and Latin America, with differentiated, recurring-revenue propositions.

• Emphasizes innovation, customer experience, and a strong team culture as core pillars.

• Maintains a self-funding growth model, reinvesting portfolio cash flows into customer acquisition.

Financial performance and growth

• Achieved a customer portfolio of approximately 6.2 million, up 10% year-over-year.

• Annualized recurring revenue (ARR) reached €3,448m (+12.7% y/y), with adjusted EBIT of €953m (+15.5% y/y) and a margin of 25.4%.

• Q4 2025 saw revenue of €965m (+10.7% y/y) and adjusted EBIT of €236m (+19.3% y/y).

• Consistent portfolio growth with low attrition rates (7.4% LTM), supported by disciplined customer acquisition and cost control.

• Strong cash flow conversion and reinvestment into growth, with €1.3bn allocated to customer acquisition in 2025.

Market position and opportunity

• Holds #1 position in 14 of 18 geographies, with over 2/3 of segment growth captured.

• Monitored security penetration remains below 4% in core markets, indicating significant runway for expansion.

• Europe accounts for 90% of the portfolio, with Latin America at 10%.

• Operates in markets at different lifecycle stages, leveraging a proven, replicable expansion model.

• Brand awareness and segment share have increased, with a strong innovation roadmap ahead.