Titanium (TITAN) investor relations material

Executive summary

• Strategic initiatives advanced with a new wealth management service model, customer portal, and brand/website updates, including the launch of the Titanium Private Equity fund targeting institutional and private investors.

• Product and investment offering expanded, with two new funds introduced and a comprehensive wealth management model launched.

• Strategic guidelines integrated into daily operations, supporting long-term growth.

• The company maintained a strong balance sheet with an equity ratio of 80.4% and negative net gearing of -75.7%, reflecting low financial risk and readiness for strategic investments.

Financial highlights

• Full-year fee income decreased by 7.5% year-over-year to €20.2M, with operating profit (EBIT) down 24.4% to €6.9M.

• Net income for the year declined 25.2% to €5.3M, and EPS dropped to €0.51.

• Cost/income ratio increased to 66.1% from 58.6% in the previous year.

• Operating cash flow was €5.3M, a 33.5% decrease year-over-year.

• Proposed dividend of €0.50 per share, down from €0.65.

Outlook and guidance

• Long-term targets set for 10–15% average annual growth in fee income and operating margin above 40%.

• Dividend payout target of at least 70% of annual profit, considering capital adequacy.

• Emphasis on new products, customer segments, and operational efficiency for future asset growth.