Equita at a Glance

€59.8m

Net Revenues

€11.0m

Net Income

€80.1

Net Shareholders' Equity (at year-end)

€0.22

Dividend per share

28.7%

Total Capital Ratio - TCR (at year-end)

140

Professionals and staff (at year-end)

€23.1bn

Volumes traded on the Italian MTA market (on behalf of third parties)

6.6%

Market share on the Italian MTA market (on behalf of third parties)

350

Active clients in Sales and Trading

€1.6bn

Capital raised for our customes with new issues (both equity and bonds)

11

Numer of equity and bond transactions with role of Global Coordinator and Bookrunner

€1.0bn

Assets under management (at year-end) - including €150 mln of EPS Equita PEP SPAC S.p.A.(BIT: EPS) and €100 mln of the Private Debt Fund

1+5

Numer of investments in Private Equity and Private Debt

120

Italian companies covered by our Research Team

43

European companies covered by our Research Team

96%

Percentage of Italian market cap covered by our Research Team

#1
“Best Italian Research Team”
#2
“Best Country Analysis”
#2
“Best Broker in Italy - Trading Execution”

  • 350 institutional active clients
  • Leading operator on the Italian stock market with a 6.6% market share for trading on behalf of thirt parties
  • #2 “Best Broker in Italy - Trading Execution”
  • Over 200 roadshow in Italy and 200 abroad in the last 3 years
  • 300 specialist contracts on the stock
  • Experts in mitigating market volatility, balancing a portfolio that includes both risky assets and activities geared to customer needs (41% and 59% respectively in 2018)
  • Wide range of services: risk arbitrage and special situations, specialist, market maker and fixed income portfolio, etc.
  • €1.6 milion raised on capital markets for our costumer (€ 1.2bn in IPO, ABB, RABB, aucap; € 0.5bn in bonds)
  • Global coordinator and bookrunner in 11 equity and bond transactions
  • Independent leader operator in Italian ECM
  • Always among the top 10 in M&A by number of transaction in the last 5 years
  • Over €1.0bn of Asset Under Management at year end, of which c. €300 million in 3 discretionary portfolios and c. €400m in a flexible fund
  • Closed-end private debt fund of € 100 million invested at 83% at year end (with 5 transactions closed in 2018 for a total of €56m invested over the year)
  • First business combination closed in mid 2018
  • 15 analysts
  • 16 years of average seniority
  • 120 Italian companies covered in research
  • 43 European companies covered in research
  • 96% of the total market capitalization of Italian companies covered by our team
  • #1 “Best Italian Research Team”
  • #2 “Best Country Analysis”
SUMMARY INCOME STATEMENT (€mln) 2018 2017 2016 % '18 vs '17 % '17 vs '16
Sales and Trading 21.4 20.8 24.4 +3% (15%)
Proprietary Trading 8.6 9.7 6.2 (12%) +56%
Investment Banking 26.1 20.2 15.9 +29% +27%
Alternative Asset Management 3.7 3.2 2.1 +15% +57%
Net Revenues 59.8 53.9 48.5 +11% +11%
Personal costs (27.4) (26.4) (24.5) +4% +8%
   Fixed component (15.7) (13.6) (12.7) +16% +7%
   Variable component (11.7) (12.9) (11.8) (9%) +9%
Other administrative expeses (16.8) (12.1) (10.7) +39% +13%
   o/w Non-recurring (1.4) (0.3) - n.a. n.a.
Profits before taxes 15.6 15.4 13.4 +1% +15%
Income taxes (4.5) (4.3) (4.5) +4% (4%)
Net Profits 11.0 11.0 8.8 +0% +25%
o/w minorities - - 4.4   n.m.
ASSETS 2018 2017 2016
Financial assets held for trading 51.6 47.3 38.8
Financial assets held for sale and equity participations 10.5 3,5 0.4
Loans to banks and customers 215.1 174.0 158.0
Tangible and intangible assets 15.6 14.2 0.2
Tax assets 3.9 6.3 6.0
Other assets 1.7 0.9 0.9
Total Assets 298.3 246.3 218.2
LIABILITIES AND EQUITY 2018 2017 2016
Debts to banking institutions 184.8 129.1 125.0
Financial assets held for sale and participations 8.3 14.6 14.1
Tax liabilities 2.0 1.2 1.9
Other liabilities 14.5 14.0 13.4
Employee severance indemnities (“TFR”) 2.4 2.0 4.2
Provisions for risks and charges 6.2 6.3 8.1
Net Shareholders' Equity 80.1 79.0 51.4
Minority interests 23.5
Total Liabilities & Equity 298.3 246.3 218.2