Innovative-RFK SpA

Innovative-RFK SpA

EEURONEXT:MLIRF
1.80
EUR
0.00
(0.00%)
19.61MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
0.02
0.01
0.01
0.01
0.01
0.03
0.04
- -
Basic EPS, GAAP
- -
- -
- -
-0.03
-0.04
0.17
-0.07
0.12
0.15
- -
Free Cash Flow per Basic Share
- -
-0.01
-0.03
-0.06
-0.02
-0.03
-0.04
0.05
-0.07
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.3
0.73
1.05
1.05
1.05
1.35
1.25
1.32
1.42
1.35
Tangible Book Value per Share
0.3
0.73
1.05
1.05
1.05
1.35
1.25
1.32
1.42
1.35
Basic Weighted Avg Shares
9
9
9
9
10
12
12
10
9
11
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
14.08
-636.58
-107.58
-216.94
-657.88
-1,673.67
-630.44
-348.85
-172.02
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
2
-1
1
1
- -
Effective Tax Rate (%)
24.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
10.65
16.15
9.2
-206.69
-571.63
1,623.98
-643.03
455.62
358.99
- -
Working Capital
- -
- -
2
2
2
8
1
1
1
8
LT Debt
- -
- -
- -
1
2
2
2
2
1
2
Total Equity
3
6
9
10
10
16
15
13
13
16
Return on Invested Capital (%)
- -
-2.25
-2.64
- -
- -
-16.78
- -
-5.68
-4.65
- -
Return on Capital (%)
- -
0.15
0.31
- -
- -
13.72
- -
8.01
10.17
- -
Return on Common Equity (%)
- -
0.06
0.23
-2.88
-3.41
14.89
-5.55
8.31
10.62
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'22
Dec'22
ST Debt
- -
- -
LT Borrowings
3
2
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
10
12
Market Capitalization
17
20

Working Capital

EUR

•

in mil. unless spec.
Jun'22
Dec'22
Total Current Assets
9
8
Cash, Cash Equivalents & STI
9
8
Accounts Receivable, Net
- -
- -
Inventories
- -
- -
Total Current Liabilities
- -
- -
Payables & Accruals
- -
- -
ST Debt
- -
- -
Deferred Revenue
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.59%
-3.03%
Free Cash Flow
- -
-71.92%
-236.84%
Net Income, GAAP
- -
-199.91%
19.75%
Sales/Revenue/Turnover
- -
40.07%
51.99%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.07
2024
- -
- -
0.12
2025
- -
- -
0.15

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Antonello Carlucci
Full Time Employees
2
Sector
Finance
Industry
Investment managers
Address
Via del Carmine 11 Milan Italy 20122
IPO Date
Jan 16, 2020
Business
Innovative-RFK S.p.A. is an Italian private equity and venture capital firm specializing in equity investments in innovative small and medium-sized enterprises (SMEs) primarily in Italy. Its main products and services include providing smart capital and professional expertise in digital economy sectors, financial advisory services encompassing fund raising, bank financing, IPO and M&A support, and strategic advisory to assist portfolio companies in growth, internationalization, and operational optimization. The company invests in innovative SMEs with growth potential focusing on sectors such as biomedical systems, microcredit for SMEs, information technology, high technology, and innovative industrial solutions. It targets companies in the startup, emerging growth, and growth capital stages, typically investing up to €3 million in companies with enterprise values up to €50 million. Recent major changes include the acquisition of a majority stake in Audio Technologies and Abbrevia in 2023, and a majority stake acquisition in Nuzo SRL in November 2024. In 2024, Innovative-RFK also underwrote a capital increase in Inventis Srl, a manufacturer of audiology equipment, bolstering its product portfolio expansion and international growth, particularly in markets like the USA, China, India, and Europe. Another significant development was the divestment of a majority stake in Hyntelo Srl, a company specializing in AI-based B2B software solutions, to Assist Digital S.p.A. in 2025. These moves reflect the company's strategy to enhance its portfolio through strategic acquisitions and partnership expansions, focusing on innovation and international market penetration. Founded in 2017, Innovative-RFK is headquartered in Milan, Italy, and is listed on the Euronext Access Paris market. It operates as an investment holding company providing operational and strategic support to drive the long-term growth of its investee companies. The company's investment approach includes minority or majority equity participations, supporting SMEs with tailored capital, industry expertise, and governance guidance aimed at increasing enterprise value, internationalization, and potential public offerings. Its portfolio spans digital and biomedical sectors, with a focus on scalable, innovative enterprises. Innovative-RFK's consolidated financial performance showed turnover of approximately €13 million and EBITDA of €2.3 million in 2023, reflecting solid profitability margins and ongoing investment in portfolio growth.