Research, Breaking News 5 May 2025
BREAKING NEWS

On April 24, 2025, Convergenze SpA Società Benefit and B-Corp, an integrated technology operator active nationwide in the 100.0% green Energy and Telecommunications sectors—through its patented EVO network (Electric Vehicle Only) and proprietary fiber optic infrastructure based on the innovative XGS-PON technology, and listed on Euronext Growth Milan—reviewed its management figures as of March 31, 2025, along with key performance indicators (KPIs), which have not been audited. In the first quarter of the current fiscal year, the Company reported total revenues of € 6.90 million, up +15.0% compared to € 6.00 million in 1Q24. The increase was primarily driven by the Energy BU, which recorded € 4.10 million in revenues (+26.9% vs € 3.20 million in 1Q24), supported by the growth in both customer base and the cost of electricity in Italy. The Telecommunications BU remained stable, generating € 2.80 million (+3.7% vs € 2.70 million in 1Q24), confirming the ongoing consolidation of its customer base. During the first three months of 2025, the Company signed over 67,700 total active services, a clear sign of portfolio solidity and continuous customer acquisition, broken down as follows: |