(Teleborsa) – In the first five months of 2021 – excluding SPAC and business combinations – nine companies listed on AIM Italia, higher than both the single listing of the first part of 2020 and compared to the six IPOs of the first 5 months of 2019. The total capital raised in the first 5 months of 2021 was equal to 62.6 million euros, average collection of 6.92 million euros (+ 21.37% compared to the same period in 2020), with Almawave which collected the highest amount with 27.3 million euros, even higher than the best collection of 26 million euros recorded by Labomar in 2020. This is the evidence of a new research by KT & Partners, an independent financial consultancy firm.
Eight of the new quotes in 2021 (ABP Nocivelli, Almawave, Casasold, G Rent, Jonix, ReeVo e Vantea Smart) occurred on the traditional segment AIM Italia, while Light blue e Premia Finance were listed on AIM Italia Pro, the segment dedicated to professional investors. Of the nine companies listed in the period January-May 2021, five are Innovative SMEs which raised an average of 9.2 million euros.
Eight of the nine listed companies in the January-May 2021 period registered one performance positiva with an average return since the IPO of + 29.6%. The best is Vantea Smart (+ 80.9%), followed by Acquazzura (+ 60%) and ReeVo (+ 40.8%). The multiple EV / EBITDA median of listed companies in January-May 2021 is 8.0x versus 4.7x and 5.2x of listed companies in 2020 and 2019 respectively. Similarly, the median P / E ratio increased from 10.7x in 2020 at 12.9x in 2021.
KT & Partners also highlights that AIM Italia has outperformed other market segments Italian equity in the period in question. In the period January-May 2021, the FTSE AIM Italia achieved a performance of + 31.5%, while the FTSE Italia Small Cap grew by + 29.3%, the FTSE Italia STAR recorded a performance of + 22% and the FTSE MIB recorded a return of + 13.2%. The number of executed contracts on the AIM Italia Market, in the period January-May 2021, it grew by approximately 52% compared to the first 5 months of 2020, reaching a volume of 557 thousand, with a turnover negotiated up by 55.1% and reaching approximately € 1, 5bn (€ 0.97bn in 5M20).