Fope (FPE) Investor Presentation summary

Business model and operations

• In-house design and creation of collections, exclusively under a single brand with a recognizable image.

• Distribution through high-end jewelry shops and direct boutiques in Venice, London, Tokyo, and Kuala Lumpur.

• Maintains direct relationships with jewelers, avoiding distributors.

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

Distribution network and market coverage

• Network includes about 600 retailers and over 700 points of sale globally.

• Key markets: UK (110), Germany (140), America (160), Italy (110), other (140), emerging (50).

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

• Full ownership of subsidiaries in the USA, Germany, UK, and Japan.

Financial performance

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

• EBITDA margin decreased to 20.2% in 2024 from 25.4% in 2023.

• Net income for 2024 was €8.4M, down 16.7% from 2023.

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

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