InTiCa Systems SE / DE0005874846

Group sales amount to approx. EUR 70.6 million (2023: EUR 86.9 million). EBIT slightly negative at minus EUR 0.6 million (2023: EUR 0.3 million). Orders on hand of EUR 77.3 million at year-end 2024 (December 31, 2023: EUR 99.3 million). Publication of the audited annual financial statements of the company and the consolidated financial statements now planned for May 27, 2025   Passau, April 30, 2025 – InTiCa Systems SE (Prime Standard, ISIN DE0005874846, ticker IS7) today publishes provisional, unaudited figures for the 2024 financial year. As expected, the volatility of order offtake remained very high in the fourth quarter as a result of geopolitical crises and the transformation of the industrial landscape. In autumn 2024, the Board of Directors therefore revised its guidance for the full year to sales of between EUR 70 million and EUR 75 million and a negative EBIT of between minus EUR 1.0 million and minus EUR 2.0 million. The provisional figures for the Group broadly confirm these estimates. While sales were at the lower end of the guidance, EBIT was slightly less negative than had been expected. Development of earnings and sales Group sales decreased by 18.7% year-on-year to EUR 70.6 million in the reporting period (2023: EUR 86.9 million). The Industry & Infrastructure segment in particular saw significant postponements or even cancellation of orders by some customers in the reporting period. Compared to the very strong prior-year period, this resulted in a 39.4% decline in sales to EUR 15.4 million (2023: EUR 25.5 million). Demand in the Mobility segment was also significantly lower. Overall, segment sales dropped by 10.2% year-on-year to EUR 55.2 million (2023: EUR 61.4 million). At approx. EUR 6.1 million, EBITDA (earnings before interest, taxes, depreciation and amortization) was only slightly below the prior-year level (2023: EUR 6.5 million), giving an improved EBITDA margin of about 8.6% (2023: 7.5%). As a result of considerable negative currency effects, which did not affect cash flows, EBIT (earnings before interest and taxes) slipped into negative territory in the reporting period. The preliminary EBIT figure was somewhat better than most recently expected at minus EUR 0.6 million (2023: positive EBIT of EUR 0.3 million). The measures introduced to reduce costs are becoming increasingly visible. The operating cash flow was clearly positive in the reporting period and cash and cash equivalents totalled EUR 1.9 million on December 31, 2024 (December 31, 2023: EUR 0.9 million). Moreover, on the reporting date, InTiCa Systems had undrawn credit facilities of EUR 3.3 million. At 29.8%, the equity ratio was slightly below the previous year's level. Outlook The macroeconomic environment is still dominated by numerous risk factors. This is also reflected in orders on hand. At year-end, orders on hand were well below the prior-year level at EUR 77.3 million (December 31, 2023: EUR 99.3 million). 92% of orders were for the Mobility segment (December 31, 2023: 82%). Orders deferred at the end of the year were called off in the first quarter. Very high volatility is to be expected in the coming months, too. This is due not least to the international tariff conflicts. Although the direct impact on InTiCa Systems is negligible, the company could be indirectly affected by the possible effect on customers. In parallel with the ongoing efforts to reduce costs, InTiCa Systems is driving forward the reorganization of its business areas as decided in mid-2024. Rising enquiries show that its core competences are becoming established in other areas. In addition to development orders, the objective for 2025 is to acquire the first orders for serial production, for example, for components for electrical machinery. Market opportunities with positive future perspectives are arising, especially in Mexico. However, this strategy will only yield quantifiable results in the medium term. In the short term, we assume that the situation for German industry and especially the automotive industry will remain extremely challenging. More detailed guidance for the 2025 financial year and the future development of the segments will be issued when the annual report is published. The preparation and audit of the financial statements for the 2024 financial year are currently still under way but should be completed shortly. The anticipated new date for publication of the audited annual financial statements of InTiCa Systems SE and the consolidated financial statements is May 27, 2025.   InTiCa Systems SE   The Board of Directors    CONTACT Dr. Gregor Wasle | CEO  TEL +49 (0) 851 – 966 92 – 0  FAX +49 (0) 851 – 966 92 – 15  EMAIL investor.relations@intica-systems.com      About InTiCa Systems InTiCa Systems SE is an international provider of electronic components and systems. Its innovative solutions for the automotive industry, renewable energy, industrial applications and other sectors make a contribution to a more sustainable, networked future. You can find further information at www.intica-systems.com. Forward-looking statements and predictions This press release contains statements and forecasts referring to the future development of InTiCa Systems SE which are based on current assumptions and estimates by the management that are made using information currently available to them. If the underlying assumptions do not materialize, the actual figures may differ substantially from such estimates. Future developments and results are in fact dependent on a large number of factors; they contain different risks and imponderables and are based on assumptions that may not be accurate. We neither intend nor assume any obligation to update forward-looking statements on an ongoing basis as these are based exclusively on the circumstances prevailing on the date of publication.