Digital Value

Earnings Release • Aug 1, 2025

Informazione Regolamentata n. 20146-29-2025	Data/Ora Inizio Diffusione 1 Agosto 2025 07:22:55		Euronext Milan
Societa'	:	DIGITALVALUE
Identificativo Informazione Regolamentata	:	208691
Utenza - referente	:	DIGITALVALUEN03 - Pasqualin Alessandro
Tipologia	:	1.1; 1.2
Data/Ora Ricezione	:	1 Agosto 2025 07:22:55
Data/Ora Inizio Diffusione	:	1 Agosto 2025 07:22:54
Oggetto	:	DIGITAL VALUE: PRELIMINARY CONSOLIDATED RESULTS AS OF JUNE 30, 2025
Testo del comunicato

Vedi allegato

PRESS RELEASE

DIGITAL VALUE: PRELIMINARY CONSOLIDATED RESULTS AS OF JUNE 30, 2025

REVENUES OF €303.1M; POSITIVE NET FINANCIAL POSITION OF €70.9M 2025 REVENUE FORECAST BETWEEN €725M – €750M

Milan, August 1, 2025 – Digital Value S.p.A. (Ticker DGV), a leading operator in Italy's ICT sector serving both public and private markets and listed on Euronext Milan, announces the preliminary consolidated revenue and net financial position figures as of June 30, 2025¹, as approved by the Board of Directors on July 31, 2025, and not subject to audit.

Preliminary consolidated revenues as of June 30, 2025, amounted to €303.1 million¹, a decrease of 32.7% compared to 2024, with a solid preliminary consolidated Net Financial Position (NFP) as of June 30, 2025¹ showing net cash of €70.9 million, an increase of €32.2 million compared to the previous year.

During the first half of the year, performance was impacted by judicial events that occurred between October 14 and 15, 2024, involving Mr. Massimo Rossi (former Chairman and CEO of the Company and former sole director of Italware S.r.l.) and Digital Value itself (as well as its subsidiaries Italware S.r.l., ITD Solutions S.p.A., and Dimira S.r.l.).

Following significant and timely self-cleaning actions implemented by the Company during the first six months of the year, Public Administration contracting authorities, key clients, and suppliers gradually resumed full operations with the Group. In this context, it is worth noting the favorable assessment by Consip S.p.A. of the self-cleaning measures adopted by the Digital Value Group and of its reliability, resulting in the confirmation of awarded tenders as of April 30, 2025.

Additionally, the sector in which Digital Value operates has been negatively impacted by exogenous dynamics that led to a general slowdown in the ICT market, with investment plans delayed and uncertainty regarding the duration and actual impact of tariffs, amid an evolving scenario of ongoing negotiations between the U.S. and major trade partners.

The semester was also marked by repeated delays in the financing and implementation of projects identified under the National Recovery and Resilience Plan (PNRR).

Specifically, regarding the Framework Agreements and Contracts awarded by Consip in the second quarter of 2025, it is noted that contractual execution and full operational start-up began in June and are expected to be completed in the following months. This has caused a temporary shift of the full economic impact to the second half of the year.

In light of the above and market and industry forecasts, the Digital Value Group remains focused on factors within its control, including reducing financial leverage, maintaining cost discipline and control, optimizing

Digital Value S.p.A.

Headquarter ROMA: Via della Maglianella 65/E 00166 Roma, Italia Tel. +39 06 66411156

MILANO: Via Galileo Galilei 7 20124 – Milano (MI) Italia Tel. +39 02 62610400

Altre sedi: Ancona, Bologna, Napoli, Prato info@digitalvalue.it

C.F. - P. IVA e Numero Registro Imprese di Roma: 10400090964 Rea: RM 1554887 Cap. Soc. i.v. 1.588.885,60€

the commercial and operational phases, strengthening technological certifications, and ensuring the quality and duration of the commercial portfolio.

In parallel, the Group continues with its self-cleaning initiatives and efforts to strengthen corporate governance measures in accordance with applicable regulations, leading market standards, and strict ethical principles, along with constant monitoring of the macroeconomic environment, which is characterized by the potential impact of tariffs, transnational conflicts, and the early stages of so-called "technology wars."

Based on these core assumptions, the Group estimates consolidated revenues for the 2025 fiscal year in the range of €725 million to €750 million.

¹ Preliminary data not audited.

The full results for the first half of the 2025 fiscal year will be approved by the Board of Directors on September 25, 2025

***

The Executive in charge of preparing the company's accounting documents, Alessandro Pasqualin, declares, pursuant to paragraph 2, article 154-bis of the Consolidated Finance Act, that the accounting information related to the revenue figure as of 06/30/25 of the Digital Value Group corresponds to the documented results, books, and accounting records.

***

This press release is available on the Digital Value website at https://www.digitalvalue.it in the Investor Relations/Press Releases section.

Digital Value SpA

.

Digital Value S.p.A. is the parent company of a Group that is a leading player in the Italian IT solutions and services market. It reported consolidated revenues of €815.8 million and has over 600 employees (source: consolidated financial statements as of December 31, 2024). The Group engages in research, design, development, and commercialization of ICT solutions and services for the digital transformation of large enterprise clients in strategic sectors—Telecommunications, Transportation, Utilities, Finance, Industry, and Public Administration—which drive the ICT market. Digital Value offers comprehensive solutions to meet the technology innovation needs of key market segments, thanks to its continuous and significant growth path and consolidated specialized expertise. Its success is based on the uniqueness of its know-how, the specialization of its human capital, and its recognized ability to plan, implement, and manage innovative digitalization projects.

Digital Value S.p.A.

Digital Value has been listed on the Euronext Milan market since May 2023.

Headquarter ROMA: Via della Maglianella 65/E 00166 Roma, Italia Tel. +39 06 66411156

MILANO: Via Galileo Galilei 7 20124 – Milano (MI) Italia Tel. +39 02 62610400

Altre sedi: Ancona, Bologna, Napoli, Prato info@digitalvalue.it

C.F. - P. IVA e Numero Registro Imprese di Roma: 10400090964 Rea: RM 1554887 Cap. Soc. i.v. 1.588.885,60€

Info

Digital Value S.p.A.

Via Della Maglianella 65/E,

00166 Roma

Tel. +39 0262610403

E-mail investors@digitalvalue.it

Alessandro Pasqualin, IR Manager

Headquarter ROMA:

Via della Maglianella 65/E 00166 Roma, Italia Tel. +39 06 66411156

MILANO: Via Galileo Galilei 7 20124 – Milano (MI) Italia Tel. +39 02 62610400

Altre sedi: Ancona, Bologna, Napoli, Prato info@digitalvalue.it

Digital Value S.p.A.

C.F. - P. IVA e Numero Registro Imprese di Roma: 10400090964 Rea: RM 1554887 Cap. Soc. i.v. 1.588.885,60€