MAPS

AGM Information • Apr 27, 2023

Informazione Regolamentata n. 20153-24-2023		Data/Ora Ricezione 27 Aprile 2023 18:12:35	Euronext Growth Milan
Societa'	:	MAPS
Identificativo Informazione Regolamentata	:	175961
Nome utilizzatore	:	MAPSN02 - Ciscato
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	27 Aprile 2023 18:12:35
Data/Ora Inizio Diffusione presunta	:	27 Aprile 2023 18:12:36
Oggetto	:	MAPS GROUP: THE SHAREHOLDERS' MEETING HAS APPROVED THE 2022 FINANCIAL STATEMENTS
Testo del comunicato

Vedi allegato.

MAPS GROUP: THE SHAREHOLDERS' MEETING HAS APPROVED THE 2022 FINANCIAL STATEMENTS

Parma, 27 April 2023

The Ordinary Shareholders' Meeting of MAPS (MAPS:IM; IT0005364333), Innovative SME listed on Euronext Growth Milan and active in the digital transformation sector, met today under the chairmanship of Marco Ciscato.

Financial statements at 31 December 2021 - Approval and allocation of profit

The Ordinary Meeting approved the Annual Financial Statements at 31 December 2022, resolving to allocate the profit for the year, amounting to EUR 287,713, as follows:

• Euro 14,386 to the Legal Reserve; $i)$
• $\overline{\mathsf{ii}}$ Euro 57,917 to the Unavailable Reserve pursuant to Legislative Decree 73/2022;
• $iii)$ Euro 215,410 to the Extraordinary Reserve.

Consolidated financial statements at 31 December 2021 - main results

The Value of Production amounts to $\in$ 27.5 million, up (+17%) on the figure of $\in$ 23.5 million reported in 2021.

The Earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $\in$ 5.9 million, up (+17%) on the figure of € 5.0 million in 2021

The Earnings before interest and taxes (EBIT) amounts to $\in$ 2.9 million, up (+30%) compared to the figure of €2.2 million in 2021

The Earnings before taxes amounts to $\in$ 2.6 million, up (+23%) compared to the figure of $\in$ 2.1 million in 2021

The Net Profit stands at $\in$ 2.7 million, up 8% compared to the figure of $\in$ 2.5 million in 2021

The Net Financial Position amounts to $\in$ 13.8 million, up on the figure of $\in$ 4.9 million in 2021.

Group Shareholders' Equity stands at $\in$ 18 million, substantially in line (-0.2%) with 2021.

Operations generated a positive cash flow of $\in$ 1.5 million, down from the figure of $\in$ 3.3 million generated in 2021.

MAPS GROUP

Founded in 2002, MAPS is an Innovative SME operating in the digital transformation sector. With its registered office in Parma and with approximately 200 employees, it produces and distributes

EMARKET SDIR CERTIFIED

software for the analysis of big data that allows client companies to manage and analyse large quantities of data and information, helping them make strategic and operational decisions and define new business models. Operating in a context characterised by high growth potential: investments in digital transformation estimated for the three-year period 2022-2024 are approximately \$6.3 billion with a CAGR of 16.5% (Source: IDC). MAPS operates through three business units focused respectively on the Health, Energy and Sustainability (ESG) sectors, providing solutions to a portfolio of over 500 highly loyal customers. Through its Patient Journey product line, MAPS is positioned as a leader in the field of patient reception in healthcare facilities, presiding over the market with over 1,500 installations, managing 36 million patient admissions nationwide. Thanks to ROSE, an intelligent energy management platform, MAPS now supports the main trends in the energy transition leading to the emergence of new business models based on flexibility, such as the energy communities. In terms of sustainability, GZOOM's value governance solution is now used by over 70 Italian organisations to measure objectives, manage risks, and share their non-financial performance. The Group is investing on an ongoing basis in R&D: in the last 3 years it has allocated a total of $\epsilon$ 5.3 million to innovation. The Research & Solutions division, set up in 2016, is responsible for identifying market needs and evolving software solutions. The Group closes 2021 with consolidated revenues of €21.5 million (+20% compared to 2020) - with significant growth in revenues from Healthcare (+62%) and ESG (+69%) markets - and EBITDA of €5 million (23.3% EBITDA Margin). In the last three years MAPS has more than tripled its revenues from its proprietary solutions (15.2 million in 2021, or 72% of consolidated revenues). The company is characterised by high levels of recurring revenues: recurring fee revenues reached 34% of consolidated operating revenues in 2021 (CAGR 2018-2021 of 38%). The Group's organic growth has been accompanied by significant M&A activity, with the acquisition of IG Consulting (2011), Artexe (2018), Roialty (2019), SCS Computers (2020), IASI (2021), I-TEL (2022) and Energenius (2022).

Release available on and on www.mapsgroup.it

CONTACTS

MAPS GROUP

T+390521052300 ir@mapsgroup.it

Marco Ciscato - Investor Relations Manager Matteo Gasparri - Investor Relations Specialist

EURONEXT GROWTH ADVISOR

BPER Banca | T +390272 74 92 29 maps@bper.it