Introduction & Market Context

Anima Holding SpA (BIT:ANIM) presented its Q1 2025 financial results on May 6, 2025, revealing strong performance despite challenging market conditions. The Italian asset management company reported significant growth in net profit and total revenues, while also highlighting its strategic positioning following Banco BPM’s recent acquisition of a controlling stake.

The company’s shares were trading at €6.06 at the time of the presentation, up 1.32% on the day, reflecting positive market reception to the results. Anima’s stock has shown resilience over the past year, trading well above its 52-week low of €4.14 and approaching its 52-week high of €7.09.

Quarterly Performance Highlights

Anima reported impressive financial results for Q1 2025, with total assets under management (AuM) and administration (AuA) reaching €202.0 billion, a 4.3% increase compared to March 2024. The company achieved net inflows of €0.9 billion, a significant improvement from the €0.8 billion outflow recorded in the same period last year.

As shown in the following quarterly highlights summary:

otal revenues increased by 10% year-over-year to €134.6 million, while adjusted EBITDA grew by 1% to €94.3 million. Most notably, net profit jumped 36% to €71.8 million compared to Q1 2024. The company maintained a strong EBITDA margin of 70%, despite increased operating costs related to recent acquisitions.

Retail inflows were particularly strong in Q1 2025, reaching €916 million and continuing the positive momentum from previous quarters. This represents a significant qualitative indicator for the company, as retail flows typically generate higher margins.