Senior Cloud Engineer

MotorK, a SaaS provider for the automotive retail industry in the EMEA region, has raised €2.5 million through a reserved capital increase from Underdogs Group S.r.l. The investment was structured at €2.75 per share, resulting in 909,091 new ordinary shares with a 12-month lock-up period. The company operates across eight countries including Italy, Spain, France and Germany with approximately 300 employees. MotorK provides integrated digital products and services to car manufacturers and dealers, supported by what it describes as the largest R&D department in the European automotive digital sales and marketing sector. The funding will support MotorK's strategic initiatives and product development as it aims to strengthen its market leadership position in automotive technology.

MotorK, a SaaS provider for the automotive retail industry in EMEA, has reported preliminary FY25 results showing structural profitability improvements. The company achieved Cash EBITDA of negative €2.1 million for FY25, a significant improvement from negative €8.8 million in FY24, with positive quarterly Cash EBITDA throughout the second half of 2025. Committed Annual Recurring Revenue (CARR) remained stable at €36.7 million, whilst revenue reached €40.9 million, slightly up from €40.3 million in FY24. The company attributes this performance to its profit-first strategy and the success of its SparK platform. MotorK enters 2026 with a €13 million pipeline and plans to focus on geographic expansion and AI-driven growth. Full FY25 results will be published on 5 March 2026.

MotorK secures €3M additional financing with Atempo. LONDON-(BUSINESS WIRE)-MotorK plc (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced it has secured an additional €3 million tranche of financing from Atempo Growth ("Atempo"), an existing lender. The additional funds were secured under similar financial terms and conditions as the original facility, reflecting the continued confidence in MotorK's business model and financial trajectory. The proceeds will be used to further strengthen the Group's financial position and support general corporate purposes as MotorK continues its path toward sustainable profitability and cashflow. Forward-looking information and disclaimer This press release may include forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, may be deemed to be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets", "plans", "believes", "expects", "aims", "intends", "anticipates", "estimates", "projects", "will", "may", "would", "could" or "should", or words or terms of similar substance or the negative thereof, are forward-looking statements. These forward-looking statements are based on our current expectations, projections and key assumptions about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond MotorK's ability to control or estimate precisely, such as future market conditions, the behavior of other market participants and the actions of governmental regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be traded, we expressly disclaim any obligation or undertaking to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise. Important information This press release contains information within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014). MotorK (AMS: MTRK) is a leading software as a service ("SaaS") provider for the automotive retail industry in the EMEA region, with approximately 310 employees and offices in eight countries (Italy, Spain, France, Germany, Belgium, the Netherlands, the UK, and Israel). MotorK empowers car manufacturers and dealers to improve their customer experience through a broad suite of fully integrated digital products and services. MotorK provides its customers with an innovative combination of digital solutions, SaaS cloud products and the largest R&D department in the automotive digital sales and marketing industry in Europe. MotorK is a company registered in England and Wales. Registered office: 5th Floor One New Change, London, England, EC4M 9AF - Company Registration: 9259000. For more information: www.motork.io or investors.motork.io. MotorK Investor Relations Boaz Zilberman [email protected] +972 532 819 810 More News From MotorK plc LONDON-( BUSINESS WIRE )-Regulatory News: MotorK plc (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced its financial results for the nine months ended September 30, 2025. KEY FINANCIAL HIGHLIGHTS: Committed Annual Recurring Revenue (CARR1): €36 million in Q3 25, stable compared to the restated CARR in the same period last year. The uplift of €5.6 million in gross CARR year-to-date was almost entire... LONDON-( BUSINESS WIRE )-Regulatory News: MotorK PLC (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced its financial results for the first six months of the year ended on 30 June 2025 ("H1 25"). H1 25 Financial Highlights: Committed Annual Recurring Revenue (CARR1): €35.8 million in H1 25. New additions to CARR were at double digits (€3.9 million) compared to FY 24, offset by churn mostly related t... LONDON-( BUSINESS WIRE )-Regulatory News: MotorK PLC (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced key changes to its leadership structure designed to strengthen the Company's strategic positioning and accelerate growth in the EMEA market. Marco Marlia, Co-Founder and CEO, will transition to the role of President, where he will focus on business development, industry relations, strategic partne...