Italy's MAPS half-year revenue rises on recurring fees
Italy's MAPS half-year revenue rises on recurring fees
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: ID:nBIA1JNSmf
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
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(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.)