business plan 2019 2023 alternatyva s.r.l & … plan...• 2021/2023: 90% wdsl coverage of each...
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Business Plan 2019 – 2023AlternatYva S.r.l & Subsidiaries
ROMA, Dec. 20181
AGENDA
1. The Group
2. The structure
3. Financial
4. Growth strategies
2
The Group
Corp.
SERVICES S.r.l T.COM S.r.lYLAB S.r.l
3
HUMAN UNITEC INTERNATIONAL
S.r.l
MSK KINESIS
MSK KinesisFoundation
Industry EnergySELCO
The Group Slide 1 of 2
- HUMAN UNITEC INTERNATIONALHuman Unitec International Inc., NASDAQ OTC: HMNU (HMNU) (The Company), is a 2002 International Project Financing, Development and Asset ManagementCorporation based in Miami Beach, Florida. HMNU specializes in medical and wellness projects, renewable, water desalination, alternative energy,telecommunication, emerging growth companies (Green Energy).The Company is trading on the NASDAQ OTC markets since 2009
- ALTERNATYVA S.r.lAlternatYva a telecommunications and internet services company
* ALTERNATYVA SERVICES S.r.lThe company branch "Services", relating to the wholesale and resale of products and connections to the Internet. "Alternatyva Services" provides InternetMobile services, and fiber optic in XDSL mode all around the nation. With these services, the Company offer to its customers a customized solutions thanksto an ultra fast network.
* ALTERNATYVA T.COM S.r.lThe company branch "T.Com" , relating to the installation and sale of Wi-Fi and fiber optic products and connection. "Alternatyva T.Com" provides wiredand wireless solutions using broadband and ultra broadband connectivity, throughout the Italian territory. The company also has the task of selling theproducts made by YLAB (FYDO)
* YLAB S.r.lR&D - research and development company
4
The Group Slide 2 of 2
- Industry Energy SELCOOn March 2017 HMNU acquired INDUSTRY ENERGY SELCO (SELCO) including but not limited to its assets and patents of a 274MW system.
- MSK KINESISIn October 2016, The Company acquired MSK Kinesis, a Florida Corporation, engaged in development and marketing of healthcare equipment for the treatment ofpain management.
* MSK Kinesis Foundation Human Unitec International Inc. proudly supports the MSK Kinesis Foundation, an international non-profit Organization engaged in women defence who
were victims of abuses and who suffer of physically or emotionally injured.MSK Kinesis Foundation is an NGO (Non Governative Organization) accredited with United Nations Department of Economic and Social Affairs, with thestatus of consultative ECOSOC.
5
AlternatYva: The structure
GENERAL MANAGEMENT
INFORMATION & COMMUNICATION
TECHNOLOGY
IT
ENGINEERING
NETWORK
SOFTWARE DEVELOPEMENT
SALES&
MARKETING
SALES
MARKETING
CUSTOMER CARE
ADMINISTRATION, FINANCE
& CONTROL
FINANCE
ADMINISTRATION & CONTROL
PROCUREMENT & LOGISTICS
REGULATORY AFFAIRS OFFICE
LEGAL & COMPLIANCE
PROJECT MANAGEMENT
HUMAN RESOURCES
6
FT-1
00
0
is one of the 1000 Europe’s Fastest Growing Companies
The ranking carried out by the Financial Times incollaboration with Statista, lists the 1000 Europeancompanies that in the reference period of 2013-2016 haverecorded the fastest turnover growth, selecting them fromover 50,000 companies in 31 different countries.
The news of Alternatyva’s inclusion among the Top 1000has given us great pleasure and is a source of pride.
The growth trend recorded by our company in the three-year period of 2013-2016 was also confirmed by the resultsof the 2016 financial statements. The Company recorded,between 2013 and 2016, a record growth rate of 396% witha CAGR of 70, 6%. A result that led to the entry in the 2018ranking published by the British economic-financialnewspaper and which sees AlternatYva in 35th placeamong Italian companies - 399th among European onesand at 6th in Telecom
7
AlternatYva: Carrier and Service Provider of connectivity servicesfor simple and immediate communications ...
An active operator in the telecommunications sector since 2006, it provides reliable products that allow the integration of applications on Internet intohigh-tech projects. It is set up as a virtual mobile operator. It owns an ISP license (issued by MISE - Ministry of Economic Development, all-including forInternet Connectivity), and ATR license – Air Time Reseller for the resale of Wind Services and VoIP Authorization as resellers. Finally, it is registeredat the ROC - Register of Communication Operators (AGCOM ), for the supply of Internet services.
The progressive increase in the number of customers (16,000 in 2018) and the improvement of the proprietary infrastructure has allowed to expand therange of the given services and therefore to offer national connectivity.
From 2012, after having consolidated its own know-how on traditional services, Alternatyva decides to offer connectivity through optical fiber. The firstwirings concern industrial consortiums and shopping centers mainly in the Lazio Region areas.
Alternatyva Home from Oct. 2017, thanks to the proprietary infrastructure the Company, manages to bring wireless internet to residential customerseven in the areas where ADSL is not available. The infrastructure used guarantees superior performance even to the traditional cable connections, forweb surfing up to 100 mb. Thanks to this technology, the Company has guaranteed access to internet to about 80% of the Lazio territory (both in theinstitutional and residential premises)
May 2018, AlternatYva deposited at the Ministry of Economic & Development a patent for BIOMETRIC SCALABLE ALARM SYSTEM WITHARTIFICIAL INTELLIGENCE "FYDO“. By the fourth quarter of 2019 we will start the commercialization of the product for the Public Administration andfor the Consumer.
Besides the connectivity services and the technology provided by Alternatyva, the Company is also structured to offer ( with its own ICT, Logistics andCustomer Care departments) reliability, rapidity and ongoing presence through specialized and competent internal teams active 24/7. The Companyhas decided not to relocate logistics, customer care and technical support services because they are part of the innovation process at the center of itscore business.
8
AlternatYva: Major Milestones
2006
2008
2012
2013
2014
2015
2016
The company is
established by
Marco CARBONI
Alternatyva
becomes Carrier &
Services Provider
Offer of connectivity
through optical
fiber.
The first wirings
concern industrial
consortiums and
shoping centers
Obtaining
certification ISO
9001
Reaching of
10.000 customers
with an offer of
services in mobile
technology at
national level
Wiring of entire
districts in Rome for
the supply of optical
fiber connectivity
through FTTH
technology
Reaching of 20.000
customers.
Business unit
Development Ylab for
activities of research
and development of
high-tech products
based on the
connectivity
2017
Early 2017, sale of a
strong business unit, with
a loss of 4,000 customers
in the Wi-Fi area .
Reconstruction of the
Wi-Fi network, and sales
begin in the fourth quarter
2023
TARGET
Customers
MOBILE: 35.000
WIFI: 32.000
FIBER: 24.000
FYDO: 24.000
TOTAL: 115.000
2018
May 2018, AlternatYva
deposited at the
Ministry of Economic &
Development a patent
for BIOMETRIC
SCALABLE ALARM
SYSTEM WITH
ARTIFICIAL
INTELLIGENCE
"FYDO“
9
Alternatyva Business Units
BU MOBILE WI FI FIBEROTHER (R&D, call and
high added-value services)
Key Products / brands 2017
AlternatYvaMOBILE
AlternatYvaHOME
FIBER 1000 Ylab, a new project undertaken by AlternatYva for
research and development activities for the realization, together with young talents,
of products with high technological
contents. Once ready, these products will be
placed on themarket by AlternatYva and will
contribute to a further increase in
revenues with high Marginality
Key Financial (2017) 000/€
Revenue: 5,058EBITDA: 361
EBITDA margin : 7%
Revenue: 307EBITDA: 103
EBITDA margin: 34%
Revenue: 358EBITDA: 154
EBITDA margin: 43%
Customers (2017) 14,342 728 691
10
Growth strategy focused on the areas with more margin
STRONG BUSINESS (Growth in terms of volume)
MOBILE: By means of the agreement stipulated with Wind, over the last four years the company has reached a total of 14.000 customers across thenational territory. The sharp increase in the use of the internet outdoors, will allow AlternatYva to get a specific and ever-wider market space and toprovide special offers for giga
- The goal for the next five years is to increase by about 3.600 customers per year
BEST BUSINESS – 1 (Development of existing business area with a higher marginality)
WIFI: From the very beginning the WDSL project has aimed at enhancing the areas affected by the digital divide.These are very often suburban areas with no public service tunnels where the excavations for the optical-fiber setup are particularly difficult. Theseareas are the focus of the enhancement projects made by AlternatYva using WDSL technology, thanks to which it’s possible to web-surf at 50 Mbps ineach house.
▪ Regarding this technology, the goals that the company wants to achieve are as follows:
• 2019/2020: coverage of the 95% of the Lazio region;• 2020 feasibility study of 5 regions in central and southern Italy, chosen among those notoriously difficulties in accessing the
internet;• 2021/2023: 90% WDSL coverage of each of the first 3 regions and 45% of the other 2 identified• The goal for the next 5 years is to increase around 6,000 customers a year.
11
Growth strategy focused on the areas with more margin
BEST BUSINESS – 2 (Development of existing business area with a higher marginality)
FIBER OPTICS: The project dedicated to the Fiber-optic area sets its primary objective as the increase in investments dedicated to thedevelopment of fiber optics with FTTH technology. The areas of particular interest are:
▪ Newly built neighborhoods: we will focus on areas located throughout the country that host the construction of new neighborhoods.These areas are particularly suitable for wiring because they are already equipped with ducts for public services. The streamlined anddynamic structure on which Alternatyva is based will allow easy access to these neighborhoods. In the period 2019-2021 the wiring of10 districts located in the province of Rome will be carried out. In the period 2021-2023, the feasibility study of 25 areas outside theprovincial territory will be launched
▪ Existing districts: they have two fundamental potentials 1) FTTC cabinets positioned on the national territory support a maximumnumber of accesses beyond which it is no longer possible to make further connections; 2) 99% of the cabinets in the area do not meetthe number of connection requests. Each district on the national territory therefore presents a portion not served by the main operators.Based on these two elements, the Alternatyva technical team has developed an analysis system that allows to:
▪ Map the areas already served by ultra-broadband connectivity with FTTC technology. These are generally areas covered byTelecom and Fastweb where it is possible to navigate at speeds up to 100 Mbps.
▪ Identify in detail the buildings and house numbers served by FTTC connectivity
▪ Special projects in industrial districts: a study aiming at identifying 20 industrial districts in central Italy to provide high-performanceand reliable internet access. It is estimated to reach 100 new companies grouped around small and medium industrial districts in thefirst two years
12
Growth strategy focused on the areas with more margin
NEW BUSINESS (Development of new business area)
FYDO: BIOMETRIC SCALABLE ALARM SYSTEM WITH ARTIFICIAL INTELLIGENCE
The latest developments in digital technology have allowed machines to communicate with each other thanks to the internet and to learn fromexperience. Thus the concepts of IoT (Internet of Things) and artificial intelligence have been affirmed, opening the scenario to the so-called web 3.0.FYDO intends to apply these technological advances to the field of domestic alarms and in part also of home automation, as regards the activation ofdevices to block emergencies or to expel thieves and criminals without human intervention.
▪ Regarding this technology, the goals that the company wants to achieve are as follows:
• Marketing of the product by the fourth quarter of 2019 (Rome & Milan)• 2020 marketing over 6 regions, then we will cover the whole Italian territory.• The target for the first 2 years is about 6,000 customers per year in the Italian territory.• By the end of 2020 we will work with European partners to start international marketing.
ACQUISITIONS: Growing up today is a physiological factor present in the DNA of AlternatYva, acquisitions can be an excellent way to speed up this growth.
In the next 5 years, AlternatYva intends to invest €3 million to acquire small/medium companies in the telecommunications sector, companies wellplaced on the market with excellent projects, technologies and know-how, with a good growth in revenues and a reduction in production costs.
▪ The objectives that the Company intends to achieve are:• The acquisition of two to four companies between 2020 and 2023 wiith a CAGR of 69%.
13
AlternatYva’s growth strategy focused on the areas with more margin
STRONG BUSINESS:
Growth in terms of
volume
BEST BUSINESS:
Development of
existing business area
with a higher
marginality
Mobile
WIFI
FIBER
2017 Revenue CAGR
% total net
revenue
% total
EBITDA
2018-2023
MOBILE
2018-2023 2018-2023
FIBER WI FI
% total net
revenue
% total
EBITDA
88% 58% 14%
82%82%42%12%
NEW BUSINESS:
-Development of new
business area
- Acquisition of
small/medium comp.
FYDO
OTHER
% total net
revenue
% total
EBITDA
162%0%0%
14
2018-2023 2018-2023
FYDO OTHER
69%
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15Income Statement Summary
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Revenues from sales and services 5.005 5.440 15.833 26.801 38.923 48.658
Mobile 4.496 4.054 5.381 6.549 7.840 8.673
WiFi 225 565 2.657 4.996 7.114 9.010
Fiber 284 658 3.024 6.109 8.973 11.277
New Projects FYDO/Acquisitions - 164 4.772 9.148 14.996 19.698
Total revenues 5.005 5.440 15.833 26.801 38.923 48.658
% Growth 7,15% 8,70% 191,03% 69,27% 45,23% 25,01%
Changes in inventories of work-in-progress, semi-fin and fin. products 658 - - - - -
Production value 5.663 5.440 15.833 26.801 38.923 48.658
% Growth 13,33% -3,93% 191,03% 69,27% 45,23% 25,01%
Raw materials, consumables and goods -177 -201 -1.236 -1.728 -2.058 -2.206
Services -3.636 -5.212 -11.345 -15.784 -21.560 -26.863
Third party assets -237 -34 -106 -144 -205 -250
Costs of personnel -909 -1.565 -1.853 -2.143 -2.571 -2.911
Other operating expenses -146 - - - - -
Total production costs -5.105 -7.012 -14.539 -19.799 -26.393 -32.230
% from revenues 90,1% 128,9% 91,8% 73,9% 67,8% 66,2%
Gross operating profit (EBITDA) 558 -1.572 1.294 7.003 12.529 16.428
EBITDA MARGIN 9,85% -28,89% 8,17% 26,13% 32,19% 33,76%
Amortization of intangible assets -206 -617 -589 -579 -551 -517
Depreciation of tangible assets -271 - - - - -
Write-downs of receivables included in current assets and liquid assets - - - - - -
Operating profit (EBIT) 81 -2.189 705 6.424 11.978 15.911
EBIT MARGIN 1,43% -40,24% 4,45% 23,97% 30,77% 32,70%
Financial income and charges Balance -33 -188 -693 -598 -499 -394
Balance of financial assets value adjustments 1 - - - - -
Other non-operating income and income 61 - - - - -
Profit before tax 110 -2.377 12 5.826 11.479 15.517
Current taxes -23 - -43 -1.111 -3.222 -4.345
Deferred taxes - - - - - -
Advance tax - - - - - -
Tax rate -20,9% 0,0% -362,4% -19,1% -28,1% -28,0%
Results Profit (Loss) 87 -2.377 -31 4.715 8.257 11.173
Result% 1,5% -43,7% -0,2% 17,6% 21,2% 23,0%
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16Balance Sheet
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Net tangible fixed assets 2.155 2.076 2.534 2.898 4.030 5.226
Net intangible fixed assets 792 588 392 274 238 223
Financial fixed assets 23 23 2.023 4.023 5.023 5.023
Other m/l term Assets/Liabilities 258 258 258 258 258 258
Net fixed assets total 3.228 2.944 5.207 7.453 9.549 10.730
Surplus 183 183 183 183 183 183
Net trade credits 1.639 1.639 1.639 1.639 1.639 1.639
Other current assets 390 428 338 330 330 330
Accruals and prepayments 50 50 50 50 50 50
deferred Cash 2.079 2.118 2.028 2.019 2.019 2.019
Cash and cash equivalent 108 13.651 8.838 10.149 16.171 23.802
Immediate liquidity 108 13.651 8.838 10.149 16.171 23.802
TOTAL Current assets 2.371 15.952 11.050 12.351 18.373 26.005
TOTAL ASSETS 5.599 18.896 16.257 19.804 27.922 36.734
Net Assets 211 -415 -446 4.269 12.526 23.698
Severance indemnities 109 109 109 109 109 109
Payables to banks over 12 months 0 14.549 12.689 10.735 8.680 6.521
Long-term trade payables 83 83 - - - -
Other long-term debts 304 265 210 167 132 106
TOTAL Long term Debt 496 15.006 13.008 11.011 8.921 6.736
TOTAL Dept + Net Assets 707 14.590 12.562 15.279 21.447 30.435
Due to banks within 12 months 97 100 - - - -
Short-term trade payables 3.886 3.551 3.125 2.899 3.833 4.658
Other short-term debts 908 655 570 1.626 2.642 1.641
TOTAL Current Liabilities 4.891 4.306 3.695 4.525 6.475 6.299
TOTAL LIABILITIES 5.599 18.896 16.257 19.804 27.922 36.734
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17Cash Flow
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Operating Profit 81 -2.189 705 6.424 11.978 15.911
- Deferred Income Tax -16 0 -136 -1.181 -3.342 -4.439
+/- Nopat 65 -2.189 569 5.243 8.636 11.472
Depreciation + Provisions and severance pay 525 617 589 579 551 517
Gross operating cash flow 590 -1.572 1.158 5.821 9.188 11.989
+/- Customers -440 - - - - -
+/- Inventories 28 - - - - -
+/- Suppliers 893 -335 -509 -226 935 825
+/- Other activities -387 -39 90 8 0 -
+/- Other liabilities 105 -293 -140 1.013 981 -1.027
+/- Change in provisions -29 - - - - -
Change in net working 170 -667 -559 795 1.915 -202
Cash flow from current operations 759 -2.239 599 6.617 11.103 11.787
+/- Investments / divestments -748 -333 -852 -824 -1.648 -1.698
Operating cash flow 12 -2.572 -253 5.793 9.455 10.090
+ Tax Debt Shield -7 - 93 70 120 95
+/- Extraordinary income / expenses 61 - - - - -
+/- Financial income / expense -33 -188 -693 -598 -499 -394
+/- Financial investments -11 0 -2.000 -2.000 -1.000 0
Cash flow to debt service 21 -2.759 -2.853 3.265 8.076 9.790
+/- Use short-term bank 9 3 -100 - - -
+ Mortgage - 15.000 - - - -
- Loan Restitution -119 -451 -1.860 -1.955 -2.054 -2.159
Payables - - - - - -
Cash flow for shareholders -89 11.793 -4.813 1.310 6.022 7.631
dividend distribution - - - - - -
Net cash -89 11.793 -4.813 1.310 6.022 7.631
Cash and cash equivalents, end of period 108 11.901 7.088 8.398 14.420 22.051
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18Statement of Financial Position
€/000 2018F 2019E 2020E 2021E 2022E 2023E
Net intangible fixed assets 792 588 392 274 238 223
Net tangible fixed assets 2.413 2.333 2.792 3.156 4.288 5.483
Financial fixed assets 23 23 2.023 4.023 5.023 5.023
Other m/l term Assets/Liabilities - - - - - -
Net fixed assets total 3.228 2.944 5.207 7.453 9.549 10.730
Surplus 183 183 183 183 183 183
Net trade Credits 1.639 1.639 1.639 1.639 1.639 1.639
Other operating credits 390 428 338 330 330 330
Prepayments and accrued income 50 50 50 50 50 50
(Commercial debts) -3.762 -3.427 -3.001 -2.775 -3.709 -4.534
(Other operating debts) -971 -718 -633 -1.689 -2.705 -1.704
(Accrued expenses and deferred income) -61 -61 -61 -61 -61 -61
Net working capital -2.532 -1.905 -1.484 -2.322 -4.272 -4.097
(Severance pay) -109 -109 -109 -109 -109 -109
(Non-current operating liabilities) -387 -347 -210 -167 -132 -106
NET INVESTED CAPITAL 200 583 3.405 4.855 5.036 6.418
Share capital 120 1.870 1.870 1.870 1.870 1.870
Reserves 6 6 6 6 6 6
Profit (loss) for the year 85 -2.292 -2.322 2.393 10.650 21.822
Net Worth 211 -415 -446 4.269 12.526 23.698
Short-term Borrowings 97 100 - - - -
medium and long-term borrowings 0 14.549 12.689 10.735 8.680 6.521
Availability -108 -13.651 -8.838 -10.149 -16.171 -23.802
Net financial debt -11 998 3.851 586 -7.490 -17.281
NW + NET FINANCIAL DEBT 200 583 3.405 4.855 5.036 6.418
Alternatyva – Results highlights 2018-2023E 19
Financial Data Analyses
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Revenues 5.005 5.440 15.833 26.801 38.923 48.658
Pv 5.663 5.440 15.833 26.801 38.923 48.658
Ebitda 558 -1.572 1.294 7.003 12.529 16.428
Ebit 81 -2.189 705 6.424 11.978 15.911
Ebt 110 -2.377 12 5.826 11.479 15.517
F.Y. Results 87 -2.377 -31 4.715 8.257 11.173
Alternatyva – Results highlights 2018-2023E 20
Results highlights
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Revenues 5.005 5.440 15.833 26.801 38.923 48.658
% growth 0,2% 8,7% 191,0% 69,3% 45,2% 25,0%
EBITDA 558 -1.572 1.294 7.003 12.529 16.428
% revenues 11,1% -28,9% 8,2% 26,1% 32,2% 33,8%
% growth 6,9% -381,7% 182,3% 441,3% 78,9% 31,1%
EBIT 81 -2.189 705 6.424 11.978 15.911
% revenues 1,6% -40,2% 4,5% 24,0% 30,8% 32,7%
% growth -15,6% -2802,6% 132,2% 811,6% 86,4% 32,8%
Net Earning 87 -2.377 -31 4.715 8.257 11.173
Net Earning % revenues 1,7% -43,7% -0,2% 17,6% 21,2% 23,0%
% growth 135,1% -2831,8% -98,7% 15157,1% 75,1% 35,3%
Alternatyva– Breakdown Revenue / EBITDA by business line 21
Revenue-EBITDA-EBIT
in €/000 2018F 2019E 2020E 2021E 2022E 2023E
Revenues 5.005 5.440 15.833 26.801 38.923 48.658
Mobile 4.496 4.054 5.381 6.549 7.840 8.673
WiFi 225 565 2.657 4.996 7.114 9.010
Fiber 284 658 3.024 6.109 8.973 11.277
New Projects 0 164 4.772 9.148 14.996 19.698
EBITDA 618 -1.479 1.780 7.727 13.479 17.633
Mobile 361 800 1.308 1.713 2.182 2.076
WiFi 103 -1.446 -451 1.257 2.726 3.895
Fiber 154 -620 512 3.223 5.572 7.413
New Projects 0 -213 411 1.533 2.999 4.249
EBIT 141 -1.495 1.685 7.566 13.187 17.205
Mobile 32 800 1.308 1.713 2.182 2.076
WiFi 61 -1.452 -498 1.177 2.582 3.687
Fiber 48 -629 466 3.143 5.425 7.195
New Projects 0 -214 410 1.532 2.997 4.248
AlternatYva: The Investment and Growth strategy– Wi-Fi
The expansion project includes coverage of new areas such as the Pontinevaley, the Frosinone area, the expansion of coverage in the area north of Romeup to cover the entire area of Sabina, the expansion of coverage in the areas ofValle del Sacco and Lepine Mountains, Valley Monte Altino, Valle Aurunci andAusoni, Fiumicino coverage extension, Ostia Acilia, Spinaceto coverage fromFregene to Santa Marinella, cover from Civitavecchia in Montalto di Castro,Viterbo, Valley of the Sabatini Mountains and the feasibility study other regionsin central and southern Italy, identified among those known to be moredifficulties in access to the Internet.
The coverage map (Lazio) completed works will be as follows:
22
Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev.
Area 1-2 100 200 300 400 500 600 100 2.000
Area 3-4 100 200 300 400 500 600 100 2.000
Area 5-6 100 60 200 320 460 520 100 1.560
Area 7-8 100 60 200 320 460 520 100 1.560
Area 9-10 100 20 160 260 440 520 100 1.400
Area 10-11 100 20 160 260 440 520 100 1.400
Area 11-12 150 140 240 320 440 150 1.140
Area 13-14 150 140 240 320 440 150 1.140
Area 15-16 150 140 240 320 440 150 1.140
Area 17-18 150 140 240 320 440 150 1.140
Area 19-20 150 140 240 320 440 150 1.140
Area 20-21 150 140 240 320 440 150 1.140
Area 21-22 150 140 240 320 440 150 1.140
Area 23-24 150 120 240 320 440 150 1.120
Area 25-26 150 120 240 320 440 150 1.120
Area 27-28 150 120 240 320 440 150 1.120
Area 29-30 150 160 280 340 150 780
Area 31-32 150 160 280 330 150 770
Area 32-33 150 160 280 330 150 770
Area 34-35 150 160 280 330 150 770
TOTAL 600 560 1.500 2.660 600 5.000 0 7.120 0 9.010 2.700 24.350
WIFI Invest.
In 000/€
2019 2020 2021 2022 2023 Total
AlternatYva: The Investment and Growth strategy– FIBER
The Fiber service provides coverage of residentialneighborhoods and industrial districts in Fiber tothe home technology (FTTH) that, by bringing thefiber directly to the end customer's site, allowsspeeds up to 1000mbps with the possibility offuture expansions with a simple modem change.This technology allows infinitesimal latencies andcapacities far superior to the current Italianaverage
Considering the future of connectivity in function ofthe relationship between technology andperformance, the expansion project providescoverage of the Fonte Laurentina district (startedand never finished due to the company demergerreferred to in the introduction), the Pontina tower,the industrial district of Palestrina, the industrialdistrict of Rome Tiburtina Ponte Mammolo andcompletion of the coverage of the industrial districtof San Cesareo
23
Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev.
District 1-2 400 330 640 720 800 900 400 3.390
District 3-4 400 330 640 720 800 900 400 3.390
District 4-5 400 320 560 680 820 400 2.380
District 6-7 400 320 560 680 820 400 2.380
District 8-9 400 320 560 680 820 400 2.380
District 9-10 400 260 560 680 820 400 2.320
District 11-12 400 260 560 680 820 400 2.320
District 13-14 400 260 560 680 820 400 2.320
District 15-16 400 220 550 760 400 1.530
District 16-17 400 220 550 760 400 1.530
District 18-19 400 220 550 760 400 1.530
District 20-21 400 220 550 760 400 1.530
District 21-22 400 220 550 760 400 1.530
District 22-23 400 220 550 760 400 1.530
TOTAL 800 660 2.400 3.020 2.400 6.120 0 8.980 0 11.280 5.600 30.060
TotalFIBER Invest.
In 000/€
2019 2020 2021 2022 2023
The Investment and Growth strategy – FYDO / ACQUISITIONS
FYDO - SCALABLE BIOMETRIC ALARM SYSTEM WITH ARTIFICIAL INTELLIGENCE
This invention operates in the field of domestic alarm and monitoring systems. In particular, the system in question is part of those equipped with artificialintelligence. The latest developments in digital technology have allowed machines to communicate with each other thanks to the internet and to learn fromexperience. Thus the concepts of IoT (Internet of Things) and artificial intelligence have been affirmed, opening the scenario to the so-called web 3.0.Thanks to the biometric detection system and automatic learning, FYDO learns, recognizes and intervenes at the right time.
We offer people the most reliable security system on the market, a system capable of becoming an integral part of the environment to be monitored. Animportant presence but at the same time discreet because it reduces false alarms to a minimum. Infallible, safe and technologically advanced, FYDO willbecome indispensable in people's homes as well as any household appliance.
The plan provides for the marketing of the product by the fourth quarter of 2019. It will start in Lazio then we will cover the whole Italian territory, by theend of 2020 we will work with partners abroad to begin international commercialization.
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Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev. Invest. Rev.
Project 1 Fydo 800 170 1.500 3.260 1.400 6.150 9.000 10.700 3.700 29.280
Acquisitions 1.000 1.500 1.000 3.000 1.000 6.000 9.000 3.000 19.500
TOTALE 800 170 2.500 4.760 2.400 9.150 1.000 15.000 0 19.700 6.700 48.780
TotalFYDO/OTHER Invest.
In 000/€
2019 2020 2021 2022 2023
FYDO Project
FYDO - SCALABLE BIOMETRIC ALARM SYSTEM WITHARTIFICIAL INTELLIGENCE
S.r.l. Project
Ylab has designed and intends to launch the "FYDO" alarm system on the market. Ylab S.r.l. was set up in July 2017 as a wholly-owned subsidiary of
with the primary objective of integrating and strengthening the company's R & D function.
Ylab is inspired by a model in which to win is not only the company but also the startups and young talents who find in the open company an environment and a safe path so that the ideas and projects have available the resources needed to be developed and launched on the market. Ylab is therefore active to find projects, technologies and know-how outside the company boundaries, thus favoring the meeting between project user (the company) and project creator (young talents, startups)
In May 2018 and after 9 months of research and development, AlternatYva deposited a patent for a scalable biometric alarm system with artificial intelligence «FYDO» to the Ministry of Economic and Development.
The following is a copy of the patent’s receipt:
FYDO
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26FYDO – The Future
27FYDO – Patent
CONTACT
ROME:
Viale Luigi Schiavonetti 286, pal. C
00173 Roma RM (IT)
Tel. +39 06 94446180
www.alternatyva.it
Partita IVA 08804361007
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Miami Beach:
767 Arthur Godfrey Road
Miami Beach, FL 33140
Tel. +1.917.2876347
https://humanunitecinternational.com/
S.r.l