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Wiit SpA
MIL:WIIT

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Wiit SpA
MIL:WIIT
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Price: 19.36 EUR -0.62% Market Closed
Market Cap: 542.5m EUR

Wiit SpA
Investor Relations

WIIT SpA is a holding company, which engages in the provision of hosted private and hybrid cloud services. The company is headquartered in Milan, Milano. The company went IPO on 2017-06-05. The firm offers business application outsourcing for medium and large enterprises and datacenter features. In additionally, the Company specializes in provision of hosting services, host sub solution, private cloud, disaster recovery, as well as services in application service provider (ASP) and business continuity methodology. Wiit SpA is involved in providing services on SAP, Oracle and Microsoft system. The firm operates in the domestic market.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 13, 2025
AI Summary
Q1 2025

Revenue Growth: Wiit reported Q1 2025 revenue of EUR 41.1 million, up 22.6% from the previous year.

Profitability: Adjusted EBITDA rose 21% to EUR 15.8 million, with a group EBITDA margin of 38.4% and a like-for-like margin of 42.9%.

Strong Recurring Revenue: Recurring revenue reached EUR 33.7 million, up 26% year-on-year, with most growth driven by existing contracts and recent M&A.

Guidance Confirmed: Management reaffirmed expectations for high single-digit organic growth in Italy and 4-6% in Germany for the full year.

CapEx Outlook: Full-year cash CapEx is expected to be EUR 27 million, in line with consensus.

German Performance: Germany's profitability improved due to synergies, and further enhancement is expected in Q2.

Strategic Wins: Wiit secured a significant cloud contract in Germany by competing successfully against a US hyperscaler, highlighting the appeal of its European platform and cybersecurity offerings.

Key Financials
Revenue
EUR 41.1 million
Adjusted EBITDA
EUR 15.8 million
EBITDA Margin
38.4%
Like-for-like EBITDA Margin
42.9%
Adjusted EBIT
EUR 7.8 million
EBIT Margin
18.9%
Net Profit
EUR 4.3 million
Adjusted Net Debt
EUR 176 million
Net Debt
EUR 216.9 million
Recurring Revenue
EUR 33.7 million
Cash CapEx (2025 full year guidance)
EUR 27 million
Other Earnings Calls
2025
2024
2023
2022
2020
2019

Management

Mr. Alessandro Cozzi
CEO & Director
No Bio Available
Mr. Stefano Pasotto
CFO, Investor Relations Director & Director
No Bio Available
Mr. Enrico Rampin
MD, Chief Sales & Marketing Officer and Director
No Bio Available
Mr. Francesco Baroncelli
MD, Chief of Merger & Acquisition and Director
No Bio Available

Contacts

Address
MILANO
Milan
Via dei Mercanti n.12
Contacts
+390236607500
www.wiit.cloud