Italy's MAPS half-year revenue rises on recurring fees

By Reuters News


Overview

  • Italy digital transformation provider's half-year revenue rose 1% yr/yr to EUR 16 mln

  • EBITDA for the half-year increased 3% yr/yr to EUR 3.1 mln

  • Net profit for the half-year declined 35% yr/yr to EUR 0.37 mln


Outlook

  • Company expects continued growth in healthcare and energy markets amid digitalisation trends

  • MAPS Group to focus on platform enhancements and integration of acquired companies in H2 2026

  • Company sees recurring fees and technological innovation as structural growth drivers


Result Drivers

  • RECURRING FEES - Co said a 33% increase in recurring fees supported revenue growth and strengthened revenue continuity

  • HEALTHCARE MARKET - Revenue growth in healthcare market area driven by data analytics solutions

  • ENERGY MARKET - Energy market area saw overall growth and increased recurring fees, supported by expansion of digital solutions


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

EUR 16 mln

H1 Net Income

EUR 370,000

H1 EBITDA

EUR 3.1 mln

H1 EBITDA Margin

19.2%


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the it services & consulting peer group is "buy"

  • Wall Street's median 12-month price target for Maps SpA is €4.75, about 97.9% above its September 24 closing price of €2.40

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago


Reuters Recommended Reads

  • Sept 24 - US senators delay effort to permanently ban Chinese cars

  • Sept 24 - Italy turns on its statistics bureau after missed deficit goal


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.