2025 Results and 2026 Guidance. Revenue growth momentum and a positive outlook.

The Board of Directors of Mare Group S.p.A. has approved the consolidated financial statements and the draft statutory financial statements for the year ended 31 December 2025, which will be subject to audit by Deloitte & Touche S.p.A. (“Deloitte & Touche”). These financial statements have been prepared for the first time in accordance with International Financial Reporting Standards (IFRS), as well as the guidance for the 2026 financial year.

KEY PRO FORMA RESULTS AS AT 31/12/2025

REVENUES at € 85.0 million (+109% YoY)

ADJUSTED EBITDA at € 19.0 million (+111% YoY)

2026 GUIDANCE KPIs: FROM GROWTH TO CASH GENERATION

Revenues between € 95.0 and € 100.0 million

EBITDA between € 21.0 and € 22.5 million

Net Financial Position (Net Debt) between € 15.0 and € 20.0 million

For more information, read the press release.