Financial Highlights

the Red Line, which is the Group's core business through the marketing of accessories for smartphones and tablets and audio products of the Group's proprietary brands, decreased year-on-year by 6.3% (Euro 126.7 million in 2025 compared to Euro 135.2 million in 2024). In 2025, sales of the Red line accounted for 80.9% of total revenues, showing an improvement in the domestic market compared to 2024 (+1.7%, or EUR 0.9 million), thereby further consolidating its absolute market leadership. However, this positive domestic performance was not sufficient to offset the performance in international markets, which was particularly affected by the aforementioned change in the competitive environment, as well as by ongoing uncertainty affecting spending in various geographical areas

With regard to the analysis of sales by geographic area, it should be noted that in 2025, the share of the domestic market in total revenues rose to approximately 50%, compared to 47% in the previous year. Noteworthy, in particular, is the excellent performance in Northern Europe, where revenues increased by EUR 1.2 million (+14.6%) compared to 2024. In contrast, in the other international markets, there were declines of varying magnitude, attributable to the reasons set out above.