Fope (FPE) Investor Presentation summary

Business model and operations

• Collections are designed and created in-house, sold exclusively under a recognizable brand image.

• Products are distributed through high-level jewelry shops and direct boutiques in Venice, London, Tokyo, and Kuala Lumpur.

• Maintains direct relationships with jewelers, avoiding distributors.

• Significant international market presence with a focus on product and process innovation.

Distribution network and market coverage

• Operates with about 600 retailers and over 700 points of sale globally.

• Key markets include the UK, Germany, America, Italy, and emerging markets.

• Direct boutiques located in Venice, London, Tokyo, and Kuala Lumpur.

• Market coverage is managed through wholly owned subsidiaries in the USA, Germany, UK, and Japan.

Financial performance

• Net revenue for 2024 reached €73.4M, up from €66.8M in 2023.

• EBITDA decreased to €14.8M (20.2% margin) from €17.0M (23.1%) year-over-year.

• Net income declined to €8.4M (11.4% margin) from €10.1M (13.7%) in 2023.

• Equity increased to €45.4M, and net cash position improved to €3.3M.

• Long-term growth in revenue, EBITDA, and equity shown from 2015 to 2024.