EVISO: THE BOARD OF DIRECTORS APPROVES THE DRAFT FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2024

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25 September 2024, 13:50

EVISO: THE BOARD OF DIRECTORS APPROVES THE DRAFT FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2024

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Saluzzo (CN), 25 September 2024 – The Board of Directors of eVISO S.p.A. (simbolo: EVISO) – COMMOD-TECH company, listed on the EGM, with a proprietary artificial intelligence infrastructure that operates in the raw materials sector (electricity, gas, apples) – met today, examined and approved the draft financial statements for the year ended 30 June 2024, drawn up in accordance with Italian accounting principles.

 

Gianfranco Sorasio, CEO of eVISO, commented: “In 2023/2024, the Gross Margin (GM) generated by eVISO S.p.A. is €18 million, an increase of 166%. The Gross Margin per share is €0.75 (+172% YoY). I am proud to announce that the company has achieved its best results ever, multiplying the GM by 2.5X, demonstrating through numbers the ability to build a platform-based Business Model. The compound annual growth rate (CAGR) of GM, from FY2015/2016 to the current year, has been 41%. Moving to financial generation capacity, in 2023/2024 eVISO S.p.A. recorded an EBITDA of €11 million, equivalent to an EBITDA per share of €0.43, an increase of 5 times compared to €0.08 in the previous year (2022/2023). I expect further growth in Gross Margin and volumes across all channels served by eVISO.”

 

Annual indicators show accelerated growth: Gross Margin increased by more than 2.5 times, reaching € 18.0 million. Electricity supplied grew by 53% (913 GWh) and gas by 171% (4.6 million scm), bringing turnover to € 224.3 million. Despite the drop in energy costs, eVISO successfully managed the increase in volumes, increasing margins by 166%.

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