Earnings release
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TINEXTA PRESS RELEASE TINEXTA : THE GROWTH CONTINUES IN THE FIRST HALF OF 2021 The Board of Directors of Tinexta approved the results as at 30 June 2021 : • Revenues : € 177.8 million , + 43.6 % • EBITDA : € 40.3 million , + 17.0 % . • Adjusted EBITDA : € 42.3 million , + 21.2 % . • Net profit : € 20.6 million , + 29.5 % . • Adjusted net profit : € 20.4 million , + 22.6 % . • Free Cash Flow : € 29.7 million ( € 67.5 million in the last twelve months to 30 June 2021 ) • Net Financial Position : € 205.2 million Guidance for 2021 confirmed **** 3 August 2021. The Board of Directors of Tinexta S.p.A. , leading company in Digital Trust , Cyber Security , Credit Information & Management and Innovation & Marketing services , listed on the STAR segment of the Italian Stock Exchange , today approved the Half - Yearly Financial Report as at 30 June 2021. In the first half of 2021 , Revenues amounted to Euro 177.8 million ( + 43.6 % ) , EBITDA to Euro 40.3 million ( + 17.0 % ) , Adjusted EBITDA to Euro 42.3 million ( 21.2 % ) and Net profit stood at Euro 20.6 million ( + 29.5 % ) . Chairman Enrico Salza commented : " The Group today presents the results of a positive half - year , with an uninterrupted growth trend that confirms the validity of the development strategies and the solidity of the project . The desire to grow , supporting businesses and accompanying the implementation and perfection of the digital pact , necessary for the Country and its economic recovery , remains Tinexta's main horizon " . Chief Executive Officer Pier Andrea Chevallard added : " The first half of 2021 confirms the distinctive characteristics of the Tinexta Group , which position it at the heart of the economy's new growth phase , focused on digital . The results just approved highlight the growth of all Business Units with significant cash generation , thus enabling us to confirm the guidance shared with the market . The first half of the year has also confirmed the effectiveness of the Group's M & A strategy , which concluded acquisition transactions , in Italy and abroad , that strengthen its competitive position , allowing it to seize the opportunities of a recovering economy , with a new , significant , international projection " . 1