Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 12

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 12
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 ) |     |         |   (4 | )% |
| Net loss                                                                                 |     |                          | (5,048,861 | ) |     |   | (5,476,828 | ) |     |         | (175 | )% |     |   | (4,911,665 | ) |     |         | (428 | )% |

Revenue In 2023, we transitioned our business model into acquiring and operating professional sports teams worldwide. The principal activities of our Company for the years ended December 31, 2024 and 2023 were advertising and sponsorships associated with the operation of our international sports teams. Under the current business model, commercial revenue (whether settled in cash or value in kind) mainly comprises the exploitation of the Brera brand through sponsorships, advertising and other commercial agreements. Revenue for the years ended December 31, 2024 and 2023 was €2,886,118 and €1,147,492, respectively, representing an increase of €1,738,626 or 152%. The increase was principally because we experienced a full year’s revenue for the year ended December 31, 2024 from the sports teams of our two major subsidiaries, FKAP and UYBA, versus partial year’s revenue from these subsidiaries in the year ended December 31, 2023. For the year ended December 31, 2024, our four largest revenue streams were sponsorships (€1,494,815), player transfers (€406,988), consulting (€275,000) and media and television rights (€243,000). For the year ended December 31, 2023, our three largest revenue streams were sponsorships (€745,452), player transfers (€122,159) and ticketing (€174,247). Segment Reporting Basis of Segmentation Below is a description of segments based on revenue streams and basis of measurement

| Segments                                        |     | Revenue Stream (Basis of Measurement)      |     | Description                                                                                                                                                                                                                                           |
| Sponsorships                                    |     | Stream 1 - Sponsorships                    |     | This segment represents revenue generated from sponsorship agreements, primarily derived from providing exposure to the sponsor’s brand through promotional activities, event placements, free tickets, and participation rights in sponsored events. |
| Ticketing, short-leases, store and youth league |     | Stream 2 - Ticketing                       
 Stream 3 - Short-term leases for           
 non-volleyball events                      
 Stream