Banca Profilo supported Riba Mundo Tecnología during its listing, the fifteenth in 2023 on the EGM market and the first Spanish company on the Milan Stock Exchange. During the IPO, a total of €5.5 million was raised. With a market price of €19.70 per share, the market capitalization is approximately €40 million.
Riba Mundo Tecnología is a multinational technology company in the field of Big Data, engaged in the trading of consumer electronics in the B2B segment internationally. Its core business focuses mainly on smartphones and tablets, with a progressive expansion into entertainment and computer devices. Established in 2018 with legal, operational, and logistical headquarters in Valencia (Spain), the company has developed MarVin, proprietary big data software designed according to data-driven criteria to optimize purchasing, sales, and demand forecasting processes, ensuring efficient management of consumer goods inventory. Present in over 45 countries, with a team of approximately 70 employees and a base of over 1,500 international clients. In 2022, total revenues exceeded €329 million, with a CAGR of +109% from 2019 to 2022, and EBITDA reached €7.4 million, a 92% increase from 2021.
This operation was supported by the Investment Banking team as Global Coordinator and by the Analysis and Research team as Corporate Broker. Banca Profilo will continue to support Riba Mundo Tecnología in its growth journey as EGA, Corporate Broker, and Specialist.
