We are Proud Sponsors of Next Gems 2024!
The Next Gems Equity Conference is a well-established event fostering dialogue between the financial community and companies listed on the Euronext Growth Milan segment, has reached its fifth edition. Held on October 22 and 23, 2024, at the prestigious Palazzo Mezzanotte in Milan, home to the Italian Stock Exchange, the event featured:
- 48 companies from 34 sectors
- Over 107 qualified investors
- 655 meetings between the “gems” of Italian entrepreneurial excellence and the financial community
Together with COMAL SpA, Cofle Group, DEA – Distribuzione Elettrica Adriatica S.p.A., SVAS Biosana S.p.A., and Riba Mundo Tecnología SA, we had the opportunity to contribute to the growth and visibility of these companies in the unique setting of Palazzo Mezzanotte.
The numbers confirm the significance of Next Gems: over 20% of attending investors came from abroad, particularly from the United Kingdom and Germany, underscoring the appeal of Italian companies in international markets.
Autumn Investor Conference 2024
On September 12th, the Autumn Investor Conference 2024 took place!
The event, organized by Banca Profilo, was reserved for institutional investors interested in meeting our top selections of small and mid-cap companies through one-to-one or group meetings, followed by a networking aperitif.
A special thanks to DEA – Distribuzione Elettrica Adriatica S.p.A., COMAL SpA, Gruppo Nusco SpA, HOMIZY, Saccheria F.lli Franceschetti S.p.A Società Benefit, Solid World 3D, SVAS Biosana S.p.A., and everyone who contributed to the success of the event.
Results for the First Half of 2024
Approved the results for the first six months of 2024, which are in line with the objectives of the 2024-26 Industrial Plan.
Total client deposits increased to 6.3 billion euros (+7.4% year-on-year). Consolidated net revenues were 37.1 million euros, with a net profit of 5.9 million euros.
Operating result amounted to 9.6 million euros with a Cost Income ratio of 74%. CET1 ratio stood at 22.6%, one of the highest in the market, confirming Banca Profilo’s financial solidity.
Read the press release.
DEA debuts on the EGM market
We are pleased to announce that DEA – Distribuzione Elettrica Adriatica S.p.A., a company active in the distribution of electricity and management of public lighting in the regions of Marche, Abruzzo, and Liguria, has been admitted by Borsa Italiana for trading of ordinary shares and warrants on the EGM market.
In this operation, Banca Profilo assisted DEA as Euronext Growth Advisor, Global Coordinator, and Corporate Broker.
We wish DEA a future of success and growth in the prosperous and dynamic energy market!
EGM Analysis 1Q24
In 2024, the number of companies listed on the EGM remained unchanged, slightly above 200. There were 5 IPOs in the quarter, quite in line with last year when there were 8 IPOs and then 33 at the end of the year. Total capitalization fell below 9 billion euros, with an average of just under40 million.
Since the beginning of the year, the FTSE Italia Growth index continues to underperform both the FTSE Italia All-Share and the FTSE Italia STAR. Notably, EGM participated to a lesser extent in the October 2023 stock rally resulting from slowing inflationary pressure and the first signs of a reversal in monetary policy.
In 2023, the EGM companies confirmed their growth potential and good profitability: the average revenue growth was 22% and approximately 45% of the companies reported an EBITDA margin greater than 15%.
The pace of M&A operations remained high also in the first quarter with 18 deals (in line with 19 last year).
What are the growth and margin prospects for the next three years? Find out the report by Francesca Sabatini, Head of Equity Research, and Enrico Luca, CFA, Equity Research Analyst of Banca Profilo.
Tiny Titans Talk
With great pride, we present to you the new segment ‘Tiny Titans Talk,’ sharing some of the successful entrepreneurial stories from EGM (Euronext Growth Milan).
Why is their offering innovative? What are the strengths and competitive advantages? What are the challenges of 2024? All this and more can be found in the video interview conducted during the Spring Investor Conference of Banca Profilo.
In order of appearance, we thank: Alessandro Peveraro of HOMIZY, Marco Dezi of Riba Mundo Tecnología SA, Jean Michel Karam of MEMSCAP, Luisa Franceschetti of Saccheria F.lli Franceschetti S.p.A., Daniele Peli of INTRED S.p.A., Roberto Rizzo of SolidWorld GROUP, Christian Traviglia of IDNTT, Alfredo Balletti of COMAL SpA, Gismondi Massimo of Gismondi 1754 spa.
DigitHer and Female Empowerment
Banca Profilo is proud to support DigitHer, a comprehensive and accessible online training program for female empowerment in the digital world, promoted by Valore D and Generation Italy and funded by the Digital Republic Fund.
Why DigitHer? We believe in the importance of closing the gender gap in the technology sector and providing women with opportunities to excel in this field. Thanks to our colleagues, IT Solutions & Delivery Specialists Elisabetta Campiotti and Marta Lodi Rizzini, who participated in the project, sharing their educational and professional journeys with the participants.
For more information on Valore D, which the Bank has been supporting for several years, visit their website.
