4Science SpA: Approval of FY2024 and proposal to the Shareholders' Meeting a capital increase up to Euro 5 million

Milano (pta029/23.04.2025/22:48 UTC+2)

Financial Results for the year FY2024 and comparison with FY2023

• Value of Production of Euro 3.43 million, slightly down compared to 2023 (Euro 3.58 million)
• Orders totaling Euro 2.58 million, up by +11.9% compared to Euro 2.30 million in 2023
• 66% of revenues from international countries (Europe and Rest of the World), up from 57% in 2023
• Achieved growth in Gross Profit from Euro 2.81 million to Euro 2.92 million, with strong increase in Gross Margin, reaching 85.0% of revenues (up from 78.5% in 2023)
• EBITDA decreased to Euro -24 thousand from Euro 164 thousand in 2023, mainly due to continued investment in personnel and infrastructure
• Net loss of Euro -0.52 million compared to Euro -0.2 million in 2023
• Operating cash flow (after changes in working capital) of Euro -0.3 million, significantly improved compared to -0.9 million in 2023
• Shareholders' equity remains quite stable at Euro 3.84 million
• Net financial position of approximately Euro 1.41 million (net debt), with cash and cash equivalents of Euro 0.31 million
• Fixed investments quadrupled to Euro 2.29 million, of which Euro 1.5 million related to the acquisition of a majority stake in Seacom Srl
• Workforce increased to 44 employees as of December 31, 2024 (vs. 38 in 2023, +6 net persons), strengthening commercial and technical expertise in line with the growth targets set in the business plan
• Considering the consolidated figures for 4Science S.p.A. and its subsidiary Seacom Srl (consolidated only for the last 10 months of 2024) the figures would be:
  • Value of Production of Euro 7.20 million, almost doubling from Euro 3.59 million in 2023; EBITDA more than doubled to Euro 0.1 million; Total employees: 78 (+40 compared to 2023)
    rtise in line with the growth targets set in the business plan
  • Considering the consolidated figures for 4Science S.p.A. and its subsidiary Seacom Srl (consolidated only for the last 10 months of 2024) the figur

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Emitter:	4Science SpA Viale Achille Papa 30 20149 Milano Italy
Contact Person:	Massimo Grosso
Phone:	+39 327 9031218
E-Mail:	massimo.grosso74@gmail.com
Website:	www.4science.com
ISIN(s):	IT0005503989 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Vienna MTF)