Equita at a Glance

€53,9 mln

Net Revenues

€11,0 mln

Net Income

€79,0 mln

Net Shareholders' Equity (at year-end)

€0,22

Dividend per share

29,8%

Total Capital Ratio - TCR (at year-end)

120

Professionals and staff (at year-end)

€22,9 mld

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

5,0%

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

350

Active clients in Sales and Trading

€1,2 mld

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

7

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

€654 mln

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

5

Numer of investments in Private Equity and Private Debt

117

Italian companies covered by our Research Team

47

European companies covered by our Research Team

96%

Percentage of Italian market cap covered by our Research Team

#1
Ranking of Institutional Investor as “Best Italian Research Team”
#2
Ranking of Extel as “Best Country Analysis”
#2
Ranking of Extel as “Best Broker in Italy - Trading Execution”

NET REVENUES (€ MLN)

sg:mmHTMLAlt

PERSONNEL EXPENSES (€ MLN)

sg:mmHTMLAlt

NET PROFIT (€MLN)

sg:mmHTMLAlt

NET REVENUES (€ MLN)

sg:mmHTMLAlt

DIVERSIFIED BUSINESS MODEL

sg:mmHTMLAlt

  • 350 institutional active clients
  • Leading operator on the Italian stock market with a 5.0% market share for trading on behalf of thirt parties
  • #2 “Best Broker in Italy - Trading Execution” (Extel)
  • Over 200 roadshow in Italy and 200 abroad in the last 3 years
  • €1,2 milion collected on the market of our costumer (€ 0,6 mld IPO; € 0,5 mld in bond issues and € 0,1 mld in Accelerated Book Building)
  • Global coordinator and bookrunner in equity and bond transactions, including the hightly successful IPO of GIMA TT (€ 424 mln)
  • Independent leader operator in Italian ECM
  • Always among the top 10 in M&A by number of transaction in the last 5 years
  • Excellent results: 56% increase in net revenues
  • 300 specialist contracts on the stock (23 more than in 2016)
  • Experts in mitigating market volatility, balancing a portfolio that includes both risky assets and activities geared to customer needs (55% and 45% respectively in 2017)
  • Wide range of services: risk arbitrage and special situations, specialist, market maker and fixed income portfolio, etc.
  • Over € 650 million of Asset Under Management at the end of the year, of which € 400 million invested in 3 investment lines (mainly equity)
  • Closed-end private debt fund of € 100 million (invested in 4 transactions for a total of € 27.3 million, plus € 7.0 million committed by the end of the year)
  • Private Equity investments with a deal-by-deal approach (SPAC of € 150 million)
  • 14 analysts
  • 16 years of average seniority
  • 117 Italian companies covered in research
  • 47 European companies covered in research
  • 96% of the total market capitalization of Italian companies covered by our team
  • #1 “Best Italian Research Team” (Institutional Investors)
  • #2 “Best Country Analysis” (Extel)
SYNTHETIC INCOME STATEMENT (€mln) 2017 2016 Delta %
Sales and Trading 20,8 24,4 -15%
Investment Banking 20,2 5,9 +27%
Proprietary Trading 9,7 6,2 +56%
Alternative Asset Management 3,2 2,1 +57%
Net Revenues 53,9 48,5 +11%
Personal costs (26,4) (24,5) +8%
   Fixed component (13,6) (12,7) +7%
   Variable component (12,9) (11,8) +9%
Other administrative expeses (12,1) (10,7) +13%
Gross income 15,4 13,4 +15%
Income taxes (4,3) (4,5) -4%
Net income 11,0 8,8 +25%
in which minority artecipation 0,0 4,4 n.m.
ACTIVITIES 2017 2016 Delta Delta %
Financial assets held for trading 47,3 38,8 8,5 22%
Financial assets held for sale and participation 3,5 0,4 3,0 735%
Loans to banks and customers 160,0 151,8 8,2 5%
Tangible and intangible assets 14,2 0,2 0,2 2%
Tax activities 6,3 6,0 0,3 5%
Other activities 14,9 7,2 7,8 109%
Total activities 246,3 218,2 28,2 13%
LIABILITIES AND EQUITY 2017 2016 Delta Delta %
Debs to banking institutions 129,1 125,0 4,1 3%
Financial assets held for sale and participation 14,6 14,1 0,6 4%
Tax liabilities 1,2 1,9 (0,7) -37%
Other liabilities 13,9 13,4 0,5 4%
Employee severance indemnities (“TFR”) 2,0 4,2 (2,2) -53%
Provisions for risks and charges 6,3 8,1 (1,8) -22%
Net assets 79,0 51,4 27,5 54%
Minority interests 23,5 (23,5) -100%
Total activities 246,3 218,2 28,2 13%