PB INVEST S.R.L.

PB Invest S.r.l. is a company active in the construction sector, specializing in both small and large energy efficiency renovations and redevelopment, where it acts as General Contractor. PB Invest is part of a group of companies linked by majority and minority holdings to the entrepreneur Pierluigi Benemerito:

The company and its group of companies operate in the Green Economy sector, carrying out management activities, direct and indirect interventions in the real estate sector for the redevelopment and energy efficiency of buildings, and in the renewable energy sector.

The analysis of the Company proposed for the funding collection is the result of the Report issued by EasyFintech S.r.l. - License art. 134 TULPS Prefecture of Milan protocol no. 14795/12B15E of 31/01/2020 - based on calculators from available databases such as Crif, CriBis, CeBi, Cerved, Dun & Bradstreet, InfoCamere, and other financial scoring tools that combine traditional analysis (economic-financial, trend, reputational) with statistical methods based on Artificial Intelligence, Machine Learning, and Data Analysis.

PB Invest S.r.l. is a company headquartered in Milan, established in 2021 with ATECO code 41.1, whose primary corporate purpose is “the development of real estate projects without construction […]”.

The Company has filed three financial statements for 2021, 2022, and 2023, but the analyses below were conducted based on the 2022 financial statement since the 2023 statement was not yet available in the databases at the time of the analyses, as a variable period is required before the latest financial statement is registered in the databases of the main financial reporting systems.

The company is managed by Pierluigi Benemerito and Gennaro Di Fiore, with no previous negative records.

The analysis methodology used includes the calculation of a synthetic risk indicator, called the Easyscore Integrated by EasyFintech S.r.l., obtained through a proprietary algorithm that integrates and synthesizes three partial scores (Easyscore Expert, CeBi Score 4, and CR Score). The Easyscore Integrated by EasyFintech places the company in an area corresponding to the assessment of “High Risk” . Below is a summary of the analyses of the other partial scores:

• Cribis D&B Rating: assesses the company’s financial solvency and commercial reliability through the calculation of the Cribis D&B Rating (Failure score, Delinquency score, Paydex Cribis D&B, negative events). PB Invest S.r.l. received a Cribis Rating of “3” with a "higher than average risk of closure";
• CeBi Score 4: The CeBi calculations provide the Probability of Default (PD) calculation through a certified algorithm used in the banking world, as part of scoring models and internal rating systems (so-called Internal Rating Based) used by Italian Credit Institutions. The scores evaluate the company's economic and financial solidity, placed in its current and prospective economic system. The analysis of the balance sheet as of 31-12-2022 under the insolvency risk profile classifies the company in class R3, corresponding to a Vulnerability situation with a PD of 15.48%. This class includes 0.08% of companies in the REAL ESTATE PROJECT DEVELOPMENT sector.
• CR Score: expresses a synthetic judgment on the usage of the credit lines granted by the banking system, reported to the Central Risk Database of the Bank of Italy. The score related to the Central Risk Database of the Bank of Italy, calculated over a 12-month period. It was not possible to calculate this value because there are no active loans or active credit lines at the time of calculating this parameter.

CONCLUSIONS

As mentioned above, the analyses were conducted on the 2022 financial statement, the document currently available in the databases to calculate the evaluation parameters of the partial scores. It should be noted that the Company has filed its 2023 financial statement, and from a review of this document, it can be stated that the data indicate that the Company has recorded a growth in net equity compared to the previous year, showing careful cost management. However, the Company experienced a significant reduction in production value compared to the previous year (€818,208 in 2022), along with an increase in financial expenses. The improvement in EBITDA reflects the company's ability to better manage operating costs despite the decline in revenues. It is therefore recommended to carefully review the available parameters to evaluate the investment and your relative risk tolerance before subscribing.

CONTRACTUAL STRUCTURE

The Financing Agreement is a purpose loan: PB Invest S.r.l. undertakes to use the funds received from Investors exactly as specified in the Project outlined in the public offer and not to divert them for other purposes.

COST STRUCTURE

The estimated cost for the construction of the two photovoltaic plants is approximately €146,000 including VAT. The minimum Target of the fundraising on Ener2Crowd will cover 68% of the Capex, while the Maximum Target will cover 82% of the total.

The crowdfunding campaign is a bridge loan that the company uses to carry out the work and complete the construction of the plants; the remaining portion of the Capex is paid by the final clients to the Company.

The amortization schedule provides for the repayment of Capital and Interest with each installment. Therefore, there will be quarterly installments amounting to € 10,140.75.

The following amortization schedule for PB INVEST S.R.L. is calculated with an interest rate of 11.5% for a total of €120,000.

Note: The start of the amortization schedule begins from the first available date after the release terms have elapsed, therefore the table shown is a mere simulation containing the first available date in the event of the campaign’s successful completion at its expiration.

*al lordo di eventuali ritenute fiscali.

CONFLICTS OF INTEREST

The Relevant Parties, except for the Conflict of Interest Policy Manager and the Crowdfunding Service Provider, who cannot under any circumstances participate in the Crowdfunding Offerings published on the Platform, are authorized to invest in this Crowdfunding Offering on equal terms with all other Investors and without preferential treatment or privileged access to information.

For more information, please consult the policy at the following link

SDGs ACTIVATED BY THE PROJECT

By financing this project, you can contribute to supporting and implementing the following SDGs Sustainable Development Goals:

Why these SDGs?

• SDG 3 improving the health conditions of the community through the accessibility of the structure;
• SDG 7 energy savings generated by efficiency interventions;
• SDG 8 creation of new jobs generated by the activity;
• SDG 11 improvement of the building, the neighborhood, and the city community;
• SDG 12 responsible and efficient use of available resources;
• SDG 13 combating and mitigating climate change with related reduction of GHG.

Become a protagonist of the future and sustainable development by financing this initiative!

PHOTOVOLTAIC

WHAT ARE THE ENVIRONMENTAL BENEFITS GENERATED BY THE PROJECT?

It is estimated that the photovoltaic system will have a total annual production of 148 MWh per year, which is equivalent to:

                           

Save 64,000 kg of CO2 in the atmosphere every year

                            

Plant 6300,000 trees, enough to cover an area of 280 soccer fields

                            

Avoid the exhaust emissions of 45 cars every year

These are the effects and benefits that can also be generated thanks to your contribution!