“We have completed the managerialization of the Group”, stated the President and CEO of Digitouch, Simone Ranucci Brandimartein the webcast to present the results of FY 2023, approved by the Board of Directors who approved the project financial statements and consolidated financial statements closed on 31 December 2023 “We have thus strongly integrated the companies acquired over the course of last year within the MTE – Marketing, Technology and E-commerce structure which confirms its being the basis of the Group’s growth”.
Group showing operating revenue in organic growth of 4% thanks to the new customers acquired and the increase in revenues from participations in public tenders. Revenue growth is mainly attributable to the divisions Technology Services And E-commerce Services which achieved, respectively, an increase in revenues of +63% and +93% compared to 2022, while the unit Marketing Services has suffered a slowdown in consumption influenced by various factors such as rising inflation, rising interest rates, market recession, political uncertainty and the impact that all this has had on the business level and spending power of users.
“Added to this is the intervention of new technologies Artificial intelligence which act as a tool to increase productivity but at the same time allow you to internalize simple marketing activities and reduce media budgets,” underlined Ranucci Brandimarte. “The increase in revenues and operating margins allow us to have a satisfactory 2023: our Group has demonstrated its ability to achieve results that strengthen and consolidate our market position, to the satisfaction of shareholders, collaborators and stakeholders”.
In the current difficult market context, the Group has been favored by the resilience of its business model as well as by the diversification of its offering and customer base. The Group’s current business model has evolved over the years to become a cloud marketing company or Partner for Digital Transformation in the marketing and sales segment. Digitouch’s positioning is characterized byintegrated and end-to-end offer which works in three areas – marketing, technology, e-commerce – and which is aimed at large and medium-large companies. The organizational model composed of three BUs that interact strongly by pooling all administrative, financial and marketing assets, it allows maintaining strong accountability on performance but at the same time promotes integration, with the Market Area.
“The objectives remain the same,” concluded Ranucci Brandimarte. “We hope to reach a total turnover of around 100 million within three years, half of which will be the result of organic growthfor the other half through acquisitionsof which we are examining some very interesting possible names, especially in the media sector”,
THE Total Revenues consolidated results for 2023 of the Digitouch Group amounted to 44.110 million, up 4% compared to 2022, while the Other income equal to 2.111 million (they were 1.112 million at 31 December 2022) are mainly made up of capitalized costs, approximately 1.909 million for the development of innovative technological assets on artificial intelligence projects and the development of marketing automation tools. In a market where the demand for digital skills and expertise is growing quickly the Group boasts a heterogeneous team that integrates different skills. In 2023, Digitouch’s Technology area invested in the creation of innovative technological solutions powered by Artificial Intelligence which allow you to optimize the online presence of brands on both proprietary and third-party channels.
The Adjusted Gross Operating Margin (EBITDA). stands at 7.264 million, up 4% compared to the 2022 figure. The incidence on revenues, as in the previous year, stood at 16.5%.
The Board of Directors of DigiTouch SpA proposes to allocate theoperating profit of 1,993,568 euros to reserve revaluation of shareholdings and the distribution of a dividend 0.025 euro per share for a total of Euro 347,417 drawing from the extraordinary reserve. The ex-dividend date is scheduled for June 24threcord date June 25th and payment June 26th next
