Project FUTURE “90% of 2023-24 Revenues are already ordered or under agreement”
Company Profile
30.000 €
35,00%
❖ Future is an excellent Italian company with lot of experience in the field of technological engineering of Design, Development, Production and distribution of innovative solutions in several sectors
25.000 €
30,00% 25,00%
20.000 €
20,00%
15.000 €
15,00%
❖ The company applies IoT and Smart Energy knowledge to Wellness, E-mobility, Smart Home and Healthcare
10.000 €
10,00%
5.000 €
5,00%
0€
0,00%
❖ Business models: 1) CONSOLIDATED PARTNERSHIPS: initial business model featured by project-engineering activities and long-term partnership ✓ long-term secured revenues and positive long term cash flow to implement the “high growth rate vertical spin-offs” 2) HIGH GROWTH RATE VERTICAL SPIN-OFFS: recent business model focalized on innovative and “five stars” technologies (iot, ioenergy and smart energy)
REVENUES
EBITDA MARGIN
Highlights ❖ 2022E: SALES 8,7mln and EBITDA 9,9% ❖ 2024 Under Agreement: SALES 24M and EBITDA 26% ❖ Growing customer base: +400% (2016-2024) ❖ High investment in HR: +20 resources (2016-2024)
The Deal ❖ Business with low risk, solid revenues pattern, high margins and positive cash flow
✓ FUTURE is looking for a partner to strengthen the management team and boost the business over 25 Mln ✓ FUTURE is available to sell majority and remaining with the buying company
Project FUTURE Zooming Business Model o
FUTURE’s initial business model was based on selected partnership with a small range of exclusive customers where FUTURE carried out the Design, Develpoment and Production of the customers products
o
Recently FUTURE has developed his business model to become a manufacturer of an embedded high-tech products dedicated to a wide range of customers on B2B and B2B2C market CONSOLIDATED PARTNERSHIPS Consisting of long-term collaborations with important national and international clients.
HIGH GROWTH RATE VERTICAL SPIN-OFFS
• Deep relationships (many over 20 years) with long-term EXCLUSIVE Partnership agreements • Strategic supplier for the client: time of "replacement / reproduction" needs at least 5 years
In recent years, Future has developed internal products and new brands.
PRO: ✓ Reliable and predictable revenues ✓ Revenues are mostly from design, production and royalties ✓ Better cost estimation and optimization of production management ✓ Customer is strongly dependent on Future
PRO: ✓ Business line diversification ✓ High margins products ✓ Opportunity to achieve greater market shares ✓ Innovative solutions very attractive to the market
TO DO: ✓ Develops and maintain actual portfolio
TO DO: ✓ Need to increase operation ✓ Need to increase sales team
Project FUTURE Focus on Deal
o Business Plan 2024 Revenues are 24.3 M o 90% of ‘23 – ‘24 Revenues have high level of confidence to being realized o … and there’s a great space to boost up (not included in Business Plan): ✓ Revenues from IoT, Energy Management and AI ✓ New customer base o Future can achieve 25/30M with actual production capacity, without significant investments o There’s an enormous potential in Future growth trend sustained by: ✓ Specialist knowledge in high-growth industry ✓ High industry barriers to market entry ✓ Being a national frontrunner in AI, IoT and Energy Management industries ✓ National and international policy in terms of sustainability and tech progress
o That’s why Future aims to sell the majority stake to a partner able to strength operations and to boost the business over 25M