Reti SpA

Reti SpA

MMIL:RETI
1.51
EUR
-0.02
(-1.31%)
23.55MMarket Cap
Reti SpA
MIL:RETI
(Euronext Milan)

Recent

price

1.51

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
1.53
1.69
1.77
2.01
2.25
2.53
2.65
2.93
- -
Revenue per Share
0.06
0.05
0.07
0.09
0.08
0.12
0.1
0.12
- -
Basic EPS, GAAP
-0.18
-0.01
0.03
0.36
0.21
0.26
0.15
0.05
- -
Free Cash Flow per Basic Share
0.05
0.04
0.04
0.04
0.05
0.05
0.06
0.06
- -
Dividend per Share
0.35
0.35
0.58
0.63
0.65
0.71
0.74
0.8
0.74
Book Value per Share
0.33
0.32
0.51
0.57
0.61
0.68
0.74
0.78
0.74
Tangible Book Value per Share
12
12
12
12
12
12
12
12
12
Basic Weighted Avg Shares
19
21
22
25
28
31
33
36
- -
Sales/Revenue/Turnover
7.45
6.3
6.7
10.34
6.5
7.68
7.25
8.69
- -
Operating Margin (%)
1
1
1
1
1
1
1
1
- -
Depreciation Expense
1
1
1
1
1
1
1
1
- -
Net Income, GAAP
37.24
38.69
27.76
32.67
34
30.91
34.66
30.93
- -
Effective Tax Rate (%)
3.91
2.71
4.09
4.31
3.49
4.7
3.89
4.04
- -
Profit Margin (%)
-5
-6
-4
-6
-7
-8
-8
-9
-8
Working Capital
8
7
7
4
2
1
- -
- -
- -
LT Debt
4
4
7
8
8
9
9
10
9
Total Equity
- -
3.61
4.89
8.22
6.02
9.94
9.31
10
- -
Return on Invested Capital (%)
- -
3.64
5.02
6.01
6.19
10.44
9.63
10.18
- -
Return on Capital (%)
- -
12.96
15.43
14.3
12.28
17.43
14.2
15.33
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
5
6
5
LT Borrowings
1
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
25
23
24

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
12
13
12
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
9
10
9
Inventories
- -
- -
- -
Total Current Liabilities
20
21
20
Payables & Accruals
- -
- -
- -
ST Debt
5
6
5
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6%
6.73%
Free Cash Flow
- -
195.03%
-67.39%
Net Income, GAAP
- -
12.08%
14.06%
Sales/Revenue/Turnover
- -
10.18%
10%
Total Cash Common Dividend
- -
6.06%
-0.77%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
31
2024
- -
- -
33
2025
- -
- -
36

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.12
2024
- -
- -
0.1
2025
- -
- -
0.12

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.06
2025
- -
- -
0.06
Business
Reti S.p.A. is an Italy-based information technology system integration and digital transformation consulting company. Founded in 1994 and headquartered in Busto Arsizio, Italy, the company operates as a certified Benefit Corporation (Società Benefit) providing end-to-end technology advisory, digital architecture design, system integration, and managed IT services to mid-market and large enterprise clients across financial services, manufacturing, healthcare, retail, telecommunications, energy, and public administration sectors. The company operates primarily across Italy and broader European markets through its technology campus and delivery facilities. Reti S.p.A. delivers comprehensive solutions across multiple core domains: Cloud Transformation and Infrastructure Engineering, encompassing hybrid and multi-cloud migration, cloud-native architecture design, virtualization, network infrastructure implementation, and software-defined networking; Cybersecurity and Information Protection, including security posture assessments, vulnerability management, threat monitoring, incident response, network security, identity and access management, and regulatory compliance advisory; Custom Software Engineering and Application Modernization, comprising bespoke enterprise application development, web and mobile platform engineering, microservices architectures, legacy application re-platforming, and DevOps pipeline integration; Data Analytics and Artificial Intelligence, providing enterprise data warehousing, business intelligence dashboarding, predictive data modeling, machine learning deployment, and generative artificial intelligence workflow integration; Enterprise Business Solutions, offering enterprise resource planning implementation, customer relationship management integration, IT service management, and business process automation; and Managed Services and Technical Support, delivering continuous network and security operations monitoring, help desk services, infrastructure maintenance, and professional IT training through the proprietary Reti Academy. In recent developments, Reti S.p.A. has executed strategic growth initiatives focused on expanding its enterprise software capabilities, cybersecurity operations, and artificial intelligence offerings. The company completed strategic acquisitions to strengthen its enterprise software development and business consulting footprint in Northern Italy. In addition, Reti expanded its strategic technology alliances by securing advanced tier partner designations with global cloud and infrastructure providers, including Microsoft, Cisco, and Amazon Web Services. The company also launched a dedicated Generative AI and Automation Competency Center to assist corporate clients in operationalizing artificial intelligence models, alongside introducing enhanced Managed Detection and Response capabilities within its Security Operations Center. Furthermore, Reti continues to expand its Busto Arsizio technology campus to scale research, development, and workforce upskilling capacity under its corporate sustainability and digital innovation framework.