For E-Viso of Saluzzo, growing revenues and a route to SMEs

An important growth dynamic for E-viso, the energy company founded in the heart of the province of Cuneo, which closed the financial year - July 2024-June 2025 - with revenues up 41%, to €315.4 million, and with 'significant expansion in all segments' to its credit. The company led by Gianfranco Sorasio. distributes light and gas, has been listed in Milan since 2020 and has a proprietary artificial intelligence infrastructure.

'Our technology,' explains the CEO, 'is based on algorithmic intelligence systems and we are investing in our headquarters, with 12 million, for example, but the vast majority of our resources are spent on developing services for customers, like a 'classic' technology company. We have automated the energy value chain and developed a business model that is completely different from that of the energy players, with a profit formula based not on installed hardware, like Enel and Eni, but on platform and process automation, and we already serve a hundred or so 'competing' operators. An approach that guarantees monitoring, greater efficiency, lower operating costs, and savings of between 8 and 50 per cent.

E-viso's B2C customers include retail customers in the Cuneo area and companies between Piedmont and Liguria for whom the company provides an effective monitoring system. The next step, explains Sorasio, 'is to invest in our sales network to take the service outside our area of reference'. There are 220 E-viso employees, among them many digital nomads, and Spain and Portugal could be the first countries of expansion for the Cuneo-based Energy-Tech. The systems developed by E-viso, in practice, are developed to purchase energy and gas on the markets automatically and at high frequency.

"They are designed," explains the CEO, "to cope with the extreme volatility of the raw material price, whereas more traditional systems, which purchase on the basis of an average price, are more exposed to price variations. The imbalance costs that the electricity system charges in our case are small'. These costs cube as much as the margins, hence the competitive advantage of a company born with a radically technological approach to the sector. The expansion of the direct channel has led to an increase in the number of supply points, to 32 thousand, up 30% on the previous year, with electricity and gas volumes up 38%. The reseller channel, in particular, saw a 9% decrease in total supply points. The preliminary gross margin was between EUR 19 and 19.8 million, while the net financial position remained positive at EUR 9.2 million.