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Profile Systems & Software S.A. Investor Presentation 2025
2618_rns_2025-04-02_c85ea759-e19a-4338-a8e0-6b8f40f45d85.pdf
Investor Presentation
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Innovative Software Solutions
Full Year 2024 Financial Results
April 2, 2025
Disclaimer
This document has been created by Profile Software (Profile) in order to be used for specific purposes in corporate presentations. The information included in this presentation has not been reviewed by an independent authority. No belief, position or opinion expressed should be based on the impartiality, accuracy, completeness or correctness of any information or opinion included in this document. Profile, its subsidiaries and affiliates, or their directors or representatives thereof, shall have no obligation or liability, due to negligence or otherwise for any damages arising from or in connection with the use of this document or the contents thereof.
This document is not an offering or solicitation for the purchase or subscription to any shares. The information included in the present document that is not of historical nature reflects statements that comprise future estimates and forecasts. All such forwardlooking statements, such as the representations regarding Profile's ability for further development and expansion of activities, expansion in new markets, cost reductions including labor cost, or regarding the impact of law, or changes in the overall economic conditions, or recourses to courts of law, or anticipated future revenue, or financial resources, or the use of funds or any other representations that are included in the present document reflect management's best judgment based on factors currently known and include uncertainties and risks. There is no guaranty that the anticipated results will be achieved. Real facts or results may vary from the expressed assessments, due to the conditions of uncertainty that Profile is faced with.
Agenda
Overview
About us
| Established in1990 | Growth : |
Financial Performance | |||||
|---|---|---|---|---|---|---|---|
| ______ As a specialized |
2.0x in Revenues and EBITDA |
60,0 | |||||
| software solutions provider |
2.5x in Net Profits since 2021 |
50,0 | |||||
| Addressing to the | Acquisitions: 2 | 40,0 | |||||
| Investment Management and Banking industries |
_____ | € n o |
30,0 | +25% | |||
| Offices: 11 in key financial centers |
milli | 20,0 | +33% | ||||
| AuM: > € 2 trillion | Employees: c.300 |
10,0 | 20,0 | +25% | 25,0 | +15 | |
| 0,0 | |||||||
| Clients: >300 | Digital Finance | ||||||
| Awards 2024 | |||||||
| Countries: 50 | Gartner 2024 : Top 15 quadrant / 10th European vendor |
Key Milestones
Solutions portfolio
Investment management solutions
Wealth management
Custody
Asset and Fund management
Shareholders management
Banking solutions
Digital banking
Core banking
Treasury management
Large-Scale solutions
Workflow / Doc. Mgt systems
Software Platforms & Onboarding
Payments & Pension systems
Risk management Debt & Properties mgt
Investment management solutions
Wealth Management
- Performance analysis & risk metrics
- Asset allocation
- Strategies & investment proposals
- Robo advisory
- Trade order management
- Consolidated reporting
- Conversational voice
- Meetings organizer
- Documents intelligence
Asset & Fund Management
- Funds management & admin
- Compliance & Reporting
- Business process outsourcing
- End clients' portal
- Onboarding, KYC
Custody
- Full STP: SWIFT Messages & Automations
- Matching (2,3,4-way)
- Settlements Flow
- Corporate Actions
- Custody Fees / Billing
- Scheduled Reporting
Shareholders Management
- Covers all regulatory obligations
- Shareholders' general meeting (physical & digital) and remote voting operations
- Combines shareholders transactions with historical data
- Reporting
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THEREWIE 531,54K € |
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| Crantonial | (60) | SECURE ENRESERVANIA | 8 | 11.8 | MAN | ||||
| 401193 | 22,000,000 | 22.99 24 | 4860 | 1 475 | 417-011 | ||||
| Vall Clark Children Children Children Children Children Children Children Children Children Children Children Children Children Children Children Children Children Children C | 34500 | Mappel | 2,9845 | -1.929 | 54.8499 | ||||
| 200100 | 600 | 644 | 6.000 | 10000 | 1100 | ||||
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| 4 | & Funds Overview | ||||
| Deshboard | V | Layout ▼ ■Vidgets Basava |
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| Investment Analysis | V | Allocation by Client (EUR) | TOOLAN | Allocation by Asset Class (EUR) | TOOLAN |
| Transactions Entry | V | ||||
| = Transaction | V | M12 | 17 2014 | 6.45% LAQUADRY 14,000 |
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| 盘 Trading | > | 2.9260 0006 |
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| investment Strategies | V | Equites 00.63% | |||
| N A V And Registry | V | TestCherdLUCT 16.000 |
Contin 14, 215, | ||
| Clere Applications Management | > | CLADV0008 6.000 |
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| Custodian Interface | V | Other | 13,1004 | ్ చిన్నారు. 20.45% 1 |
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| 발 CRM | V | ||||
| Portfolio Amination | V | 0 244 454 Chil DAS 1084 1254 |
544 4000 4000 |
-- Coultes -- Funds -- Bonds -- Lindsty == ETFA |
Banking solutions
Digital Banking
- Onboarding, KYC
- Quick implementation
- Mobile first
- Any Device / Platform
- Easy journeys
- Expandable & Scalable
- Digital Investments Hub
- Conversational voice
-
Documents intelligence
-
Powerful Banking End-to-End
- Any kind of Loans, Deposits, Payments mgt, Tellers' mgt, Branches mgt, etc.
- Embedded Workflow
- Automation Platform (zero code)
- Digital & Traditional banks, EMIs, MFIs, Fintech's
Core Banking Treasury Management
- Full front-to-back-to-risk
- Banking & Corporate treasury
- Easy to use
- Supporting all Markets
- Interbank Business & Client Segments
- Holistic and Realtime monitoring
- Seamlessly integrated with any Core Banking system & ERP
Risk Management
- Regulatory Compliance
- Calculations & Reporting
- COREP-Credit, Operational & Market Risk
- Automation in FINREP
- Flexibility and Auditability
- Quick plugin to any banking environment
9
Cutting-Edge AI & Fintech Innovation
Predictive Tell me what happened and what to do
Generative Help me do the job
Autonomous Just do it for me
- Text to info
- Conversational AI
- Document intelligence
Popular use-cases
- 1. Organize metadata and generate multi-source reports
- 2. Auto-categorize unstructured text/voice information
- 3. Enhance meeting prep with comprehensive client insights (combines clients' history, preferences & trends)
- 4. Ensure compliance by automatic documents' gap analysis (DORA, GDPR, Cybersecurity)
- 5. Streamline contract creator & management
- 6. Simplify onboarding and KYC/KYB
- 7. Automate Investment advisory
- 8. Efficient document and complaint handling
- 9. Optimize back-office operations (e.g. for Funds administrators & Custodians)
Presence in 50+ countries
Entities in 11 Key financial centers
- Athens (HQ)
- Thessaloniki
- Patras
- London
- Paris
- Stockholm
- Oslo
- Dubai
- Nicosia
- Miami
- Singapore
Industry Recognition
Recognised among the top global solutions providers
Competitive Landscape in Financial Solutions
| Investment Management Software | Banking Software | |||||
|---|---|---|---|---|---|---|
| Wealth Management |
Custody Management |
Fund Management |
Shareholder Mgmt / Investor Comms |
Digital & Core Banking |
Treasury Management |
Risk Management |
Excellence over a wide breath of functionalities
Indicative Clientele
"This partnership is a testament to our dedication to providing strong investment products, supporting customers following local market standards, and we are enthusiastic to work closely with them".
Morten Rasten, Executive Director, Danske Invest Management A/S - Denmark
"This platform marks a significant advancement in our Investment Services and will provide our clients with a unique and enhanced experience".
Simon Azzopardi, Chief Personal & Wealth Officer, Bank of Valletta - Malta
"Implementing Profile's Finuevo Suite marks a significant milestone in our digital transformation journey.
Terry-Ann Graver, CΟΟ, First Global Bank – Caribbean region
"Every employee can see through the MyTEKA application that this 'piggy bank' is filled month by month, year by year, thanks to the transparent digital infrastructure."
Kyriakos Mitsotakis, Prime Minister - Greece
Financials
2024 Key Financial Highlights
Delivering on our strategy
Strong Revenue Growth
Key drivers in 2024:
New Revenues +55%
- High demand for technology solutions
- Improving value & quality solutions for clients
- Replacements of legacy systems
- New products launch & significant upgrades
- Up/Cross-selling
- Nordics, Asia, Africa, M.East, Caribbean
Recurring revenues +18%
- Trend towards SaaS & Managed services
- Backlog contracts signed in prior years
- Customized services sales & annual fees
- New sales growth generates future recurring
€
Revenue breakdown
€m
Profitability ratios
| €m | FY-23 | FY-24 | Y-o-Y reported |
|---|---|---|---|
| Revenue | 30,1 | 40,1 | 33% |
| EBITDA | 7,3 | 10,3 | 41% |
| Margin | 24% | 26% | |
| EBT | 5,1 | 7,3 | 41% |
| Net profit | 3,9 | 5,6 | 45% |
| EPS | 0,2282 |
Solid Balance Sheet
Liquidity
€m
Debt/EBITDA c0.9x 70% EBITDA/Cash Debt/Equity at <0.3 Current ratio 1.7x Rating A by ICAP
Industry
Industry
The global software IT spending in the Banking and Investment Services vertical markets is forecast to grow by 12.9% in 2025 with a total spend of \$37 billion in constant U.S. dollars.
Spending is expected to see a three-year compound annual growth rate (CAGR) of 14.1% to exceed an estimated \$54 billion by 2028.
IT spending Banking industry
Banking Trends
€bn
IT spending Investment Services industry
Investment Asset Wealth Management Trends
Source: Gartner
Strategy
Growth & Scale-up Strategies
Growth
- Solutions focused on a dynamic fintech sector
- Global footprint
- Capturing Market share
- Increasing ARPC; products maturity & higher tier clients
Innovation
- High R&D investments
- Productized solutions; functionality breath & high recurrence
- Innovative solutions in AI & Digital Wealth/Banking
- API-first solutions; open architectures
- Cloud SaaS & Managed Services to scale clients' operations
M&A
- Accelerate Growth
- Acquire Networks; expand Footprint
- Complimentary solutions
- Synergies & Cost efficiencies
- Multiple projects through a single platform
- Online Sales channels
- Inflation is offset by growth in value of Technology
- Improving revenues / employees' ratio
- Increase margins
Differentiation
vs Traditional Vendors vs Neo Vendors
Established in high value markets
while maintaining a flexible cost base
Functionality breadth
over 3 decades of productization
Innovation
focused on high growth segments, at par technologies
Financial health
free cash flows, zero leverage
Understanding client needs
agility, commitment, collaboration
References & Recognition
clients & industry specialists
Stock info
Stock information
Shareholder structure
Founder
- Retail Investors
- Foreign Institutional Investors
- Management
- Greek Institutional Investors
- Treasury Shares
Listing ATHEX General Index, FTSE ΧΑ MID CAP
Number of shares 24.745.934 Free Float: 47%
Symbol Bloomberg:PROF:GA Reuters code: PRFr.AT ISIN code: GRS472003011
5
3 4
Stock information
Profile – upside potential
Comparative Multiples
Thank you!
