DHH S.p.A. Quarterly Results – Q1 2024

FINANCIAL PERFORMANCE OVERVIEW: • Net Sales: Reached EUR 8,9M in the current period (Q1 2024), compared to EUR 8,1M in the previous period (Q1 2023), representing a growth of 10%. • Recurring Revenue: Constitutes 95% of total revenue, highlighting a stable turnover predictability. • EBITDA: Amounted to EUR 3,2M, up from EUR 2,0M, reflecting an increase of 58% and an EBITDA margin of 36%. • Earnings Before Tax (EBT): Stood at EUR 1,8M, significantly up from EUR 0,4M, showing a growth of 327%. • Net Profit: Increased to EUR 1,2M from EUR 0,03M, marking a substantial rise of 3.429%. • Operating Cash Flow: Reported at EUR 2,6M against an EBITDA of EUR 3,2M, with a cash conversion rate of 80%. • Net Debt: Reduced to EUR 6,0M, a decrease of EUR 0,5M since the end of the previous year, due to effective liquidity management.