Formello, 9th April 2025 – Rebirth S.p.A. (the «Company«), a dynamic company, specialized in the development and management of real estate assets, listed on the Euronext Growth Paris market, announces the results of its Financial Statements for the financial year 2024, ended December 31, 2024, and the outlook for the future.

The Board of Directors of our company, a listed company active in real estate development and the management of tourist-accommodation facilities, has approved the Financial Statements for the year ended 31 December 2024 and they has received, from the Independent Auditors (BDO) as well as from the Board of Statutory Auditors, reports issued without remarks, testifying to the solidity and transparency of the company’s management.

Strong growth in economic and financial results

Total revenues amounted to €4.6 million, substantially doubling compared to €2.3 million in 2023. This result was mainly driven by the increase in rental revenues, thanks to the start-up of new real estate units acquired during 2024, and the significant increase in real estate assets under management, which rose from 94 units for a value of 25 million euros at 31 December 2023, to 129 units for a total value of 38 million euros at the end of 2024.
A further contribution to revenue growth came from the progress of construction activities, which saw the completion and sale of a luxury villa in 2024 for a value of €1.2 million.

EBITDA also more than doubled, from 414k euros in 2023 to over one million in 2024, thanks to the greater profitability of the real estate units added during the year as well as the management efficiencies sought in these years of corporate maturity. The net result is positive for 90 thousand euros, thanks to the aforementioned careful cost-efficient policy and prudent management of investments. In particular, the sale of non-strategic participation, acquired in previous years, also generated a positive result, reflecting the Group’s strategy to focus on its core real estate business.

Share capital growth and investor confidence
During 2024, the company benefited from strong support from its social base, both historical and newly acquired. The share capital has increased from 17 million euros to almost 23 million euros, demonstrating the confidence of investors in the vision and solidity of the business project. This capital strengthening now allows the company to face new development opportunities in Italy and abroad with momentum.

Outlook 2025: expanding market and new strategic projects
Market forecasts confirm a positive trend for both the real estate and tourism-accommodation sectors, in the company’s reference markets, namely Italy and Spain. ISTAT and idealista.it data for Italy, as well as those of INE and Turespaña for Spain, show a steady growth in the value of real estate and an increase in tourist demand in the three-year period 2022-2024, with optimistic forecasts also for 2025, especially in coastal areas and areas of high landscape and cultural value.

The flagship projects for the two-year period 2025-2026
Among the main initiatives planned:

• Boutique Hotel in Valledoria (Sardinia): an exclusive structure immersed in one of the most evocative stretches of the north-western coast of Sardinia. The project, currently in an advanced
  stage of development, will bring value to the territory and to our accommodation offer. The initiative is conceived from a green perspective, providing for the use of renewable sources, ecosustainable materials and technologies for energy efficiency.
• Hotel Diffuso di Marta (Lake Bolsena): a visionary project that involves the redevelopment of several properties in the historic center of the village, integrated into a widespread accommodation system equipped with a spa, gym, lakefront gourmet restaurant and a medieval cellar. An initiative that combines hospitality, culture and territorial sustainability, contributing to urban regeneration and the enhancement of historical heritage with an approach that respects the environment and local communities.
• International expansion in the Canary Islands: the company has already acquired, with its own funds, four plots of land of high potential where it will develop residential and tourist projects.
  All projects will be based on criteria of environmental sustainability, energy saving and landscape integration. The flagship will be the renovation of the emblematic building in Las Palmas de Gran Canaria, destined to become a boutique hotel, combining history, design and hospitality in one of the most fascinating locations in the archipelago.

With these results and prospects, the Group confirms its position as a protagonist of a solid, sustainable growth path aimed at creating value for the territories in which it operates, for the environment and for all its stakeholders.

Convening of the Shareholders’ Meeting and filing of documentation
The financial statements are now officially filed at the registered office. The shareholders’ meeting is convened for 23 April 2025, on first call, for the approval of the financial statements and the discussion of the items on the agenda.
A copy of the Financial Statements, including the Report of the Independent Auditors, has been made available to the public within the terms of the law for the registered office in Rome, as well as by publication on the institutional website www.re-birth.it in the Investor Relations section.

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