Investor Presentation • Nov 6, 2025
Investor Presentation
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October 2025

We help you make the best of cloud computing, empower your people to create digital services, boost data-driven decision making, and protect your most valuable information resources.




We are here to help you migrate infrastructure and services to the cloud, modernize legacy apps to cloud-native forms, and manage your hybrid and multi-cloud IT operations.

Cybersecurity and IT Continuity
Solutions that allow the enterprise to prepare
and respond to modern cybersecuritythreats, increasing IT continuity complexity, and everexpanding governance requirements.
Empower your "digital champions" to design and create the services they need, with lowcode toolsand platforms that play well with vour enterprise IT.

We help data engineering and science teams reach higher productivitylevels while offering leaders and managers the tools to make better data-driven decisions.

Take your organization's performance to the max with our advanced observability solutions to deliver services and applications and value to vour customers like never before.






Direction, people, and numbers

Dionisis Hintzidis President & CEO

Andreas Tsangaris VP & CTO

Andreas Kiagias CFO

Michalis Melis Non-executive VP

Eleni Papakonstantinou Independent member - Lawyer

Mania Ghini Independent member

Markos Komondouros Independent member
People first, with engineering ethos
Employees 310+
Engineers & Data Scientists 190+
Certified IT Professionals 200+
Advanced Certifications 700+
Transformation Workshops 300+
Profitability based on high % of recurring revenue
Revenue 2024 €74,2m
Revenue CAGR 2019 – 2024 23,4%
Gross Profit CAGR 2019 – 2024 23,7%
EBITDA CAGR 2019 – 2024 22,3%
RoE 2024 19%





7th Strong growth for the 7th consecutive year, expanding customer base and geographic footprint.
Performance has seen strong organic growth for seven years, expanding its customer base and geographic reach.
The number of key clients grew from nine to twenty between 2021 and 2024.
Contributions from sectors like Energy and Retail are increasing, and international expansion is ongoing.
Recurring revenue from long-term contracts and cloud services helps support our leadership in the market.
80% of revenue was from 20 key clients in '24, up from 9 in '21.
From
9 to 20
sectors served International focus continues, with a growing share of revenue generated in Cyprus.
Growing recurring and OpEx/License revenue




Awards at leading industry events such as Cloud Computing Awards 2024, Digital Finance Awards 2024 & 2025, BITE Awards 2024, Data & AI Awards 2025.
Platinum & Gold (Cloud Migration / Data Center Exit)
Multiple Awards (Data Governance, Energy, GenAI)
Platinum & Gold (Digital Banking, Data Quality & Compliance)
"Data Award" at IBM Ecosystem Summit
Performance is a top tier partner for world-leading IT vendors and continuously strives to improve.

"Top Partner from Edge to Cloud – Greece"

Top Azure partner with 8 Specializations
Gold, Silver & Bronze (AI, Real-Time Analytics, Customer Service)

Gold (Data Governance)

Bronze Award (Private Cloud Infrastructure)


Data Governance & AI Platform: For centralized optimization of data management and for boosting CX and performance.

Data Quality & Compliance Platform: SAS-powered solution automating data quality checks, aligned with BCBS 239 requirements.

Design & implementation of 2 state-of-the-art data centers in Greece & Cyprus, enabling secure multi-tenant hosting.

Azure-based solution enhancing compliance, decision-making speed, and accuracy.

Disaster Recovery as a Service (DRaaS): Multi-year agreement ensuring operational continuity and enhanced cyber resilience.

Infrastructure upgrade and disaster recovery site implementation to ensure performance and reliability.

Advanced AI solution for realtime transaction analysis and personalized product offers.

to streamline operations, boost efficiency, and elevate UX across 6 countries through digital transformation.


Reported currency, € m

23,4% СAGR 2019-2024 Revenue development Gross profit development EBITDA development

23,7 % СAGR 2019-2024

22,3% СAGR 2019-2024

Reported currency, € m

Estimated for 2021–2024 period. Euro values in mn.




All values in thousands of €
| Fiscal Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025H1 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.297 | 25.904 | 31.312 | 38.045 | 41.913 | 57.722 | 74.167 | 40.699 |
| Gross Profit | 6.693 | 7.989 | 9.228 | 11.251 | 12.928 | 17.673 | 23.221 | 12.153 |
| EBITDA | 2.682 | 3.402 | 4.385 | 5.256 | 5.203 | 7.151 | 9.317 | 4.835 |
| EBITDA margin | 13% | 13% | 14% | 14% | 12% | 12% | 13% | 12% |
| CAPEX | 186 | 1.606 | 743 | 450 | 678 | 546 | 1.159 | 1.341 |
| Operating cash flow | 1.561 | -529 | 2.393 | 5.270 | -1.514 | 7.259 | 6.103 | 966 |
| Intangible assets | 572 | 642 | 533 | 405 | 419 | 418 | 502 | 703 |
| Equity | 408 | 5.646 | 8.054 | 16.242 | 19.858 | 23.915 | 28.805 | 30.154 |
| Return on equity | 49% | 45% | 44% | 27% | 19% | 20% | 19% | |
| Net working capital | 3.471 | 4.664 | 7.507 | 16.182 | 17.299 | 21.438 | 25.603 | 30.514 |
| Net dept | 1.466 | 3.867 | 2.458 | -6.901 | -3.019 | -8.640 | -11.500 | -7.898 |
| Dividends | 214 | 232 | 365 | 500 | 583 | 729 | 1.511 |

Certified in internationally recognized standards to ensure quality, security, and operational excellence.
ISO 9001 (Quality Management)
ISO 27001 (Information Security)
ISO 45001 (Health & Safety)
ISO 22301 (Business Continuity)
ISO 14001 (Environmental Management)
ISO 27701 (Privacy Management)
ISO 20000-1 (IT Service Management)











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