BITTNET SYSTEMS S.A. (referred to as the “Company” / “Issuer” / “Group”) informs the investors about the publication of the report on the preliminary, unaudited annual results for the year 2024. The report includes the letter from CEO, the analysis and comparative results for each of the business pillars, the business context and prospects for 2025 as well as the indicative budget proposal for the current year. The report is available in html format, easy to navigate by sections, on the company’s website dedicated to investor relations, direct link here: https://investors.bittnet.ro/rezultate-financiare/q4-2024/ , as well as in pdf format, attached to this current report.
Key indicators for FY 2024:
- Revenue from contracts with customers: 418.8 million ron (+11.5% vs 2023)
- Gross margin: 79 million ron (+20% vs 2023)
- Operating profit: 13.8 million ron (+14% vs 2023)
- Gross profit: 11 million ron (+535% vs 2023)
- Cash position as of December 31st : 73 million ron (similar to 31.12.2023)
- Equity (net book assets): 103 million ron (+13% vs 2023)
Analyst & investor conference call:
The conference call to present the unaudited preliminary financial results will take place on Tuesday, March 04th, 2025, at 10:00 AM, Romanian time (EET). The public access link is available AICI.
Access coordinates: Webinar number: 2664 093 8621 Webinar password: rezultate2024