{"id":21505,"date":"2023-05-16T10:06:39","date_gmt":"2023-05-16T07:06:39","guid":{"rendered":"https:\/\/investors.bittnet.ro\/?page_id=21505"},"modified":"2023-05-16T11:16:37","modified_gmt":"2023-05-16T08:16:37","slug":"en-2023-q1-bnet-report-q1-2023-download-files","status":"publish","type":"page","link":"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/","title":{"rendered":"(EN) 2023.Q1 BNET Report Q1 2023 &#8211; Download Files"},"content":{"rendered":"<section class=\"l-section wpb_row us_custom_7b90c1ca height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-8 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h1>Download Files<\/h1>\n<\/div><\/div><div class=\"w-separator size_medium\"><\/div><div class=\"wpb_text_column us_custom_432d3f53\"><div class=\"wpb_wrapper\"><p><a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2023\/05\/BNET-Q1-2023-Report-Engl-1.pdf\">Report Q1 2023<\/a><\/p>\n<\/div><\/div><div class=\"w-separator size_huge\"><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-4 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-separator size_small\"><\/div><nav class=\"w-menu layout_ver style_blocks us_menu_1 with_children\" style=\"--main-gap:1.5rem;--main-ver-indent:0.8em;--main-hor-indent:0.8em;--main-bg-color:#f5f5f5;--main-color:inherit;--main-hover-bg-color:#8dbe65;--main-hover-color:#ffffff;--main-active-bg-color:#8dbe65;--main-active-color:#ffffff;--sub-gap:5px;\"><ul id=\"menu-en-2023-q1-report\" class=\"menu\"><li id=\"menu-item-21501\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-21501\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/\">A message from the CEO<\/a><\/li><li id=\"menu-item-21511\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-21511\"><a href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/\">Download Files<\/a><\/li><li id=\"menu-item-21502\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-21502\"><a href=\"https:\/\/investors.bittnet.ro\/en\/newsletter-subscription\/\">Newsletter subscription<\/a><\/li><\/ul><style>@media ( max-width:600px ){.us_menu_1 .menu{display:block!important}.us_menu_1 .menu>li:not(:last-child){margin:0 0 var(--main-gap,1.5rem)!important}}<\/style><\/nav><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Download Files Report Q1 2023 A message from the CEODownload FilesNewsletter subscription","protected":false},"author":13,"featured_media":0,"parent":21496,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-21505","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A message from the CEO<\/title>\n<meta name=\"description\" content=\"In Q1 2023, our Group recorded consolidated revenues of RON 53.5 million, with an increase by over 63% compared to the same period last year, as a result of accelerated growth in the IT&amp;C integration activity (80% increase vs. Q1 2022). At gross margin level we record an increase of 32% from RON 6.5 million in Q1 2022 to RON 8.6 million in Q1 2023. The increase in indirect, administrative expenses recorded over the past year has led to the recording of an operating loss at group level in this first quarter of the year of RON 2.3 million compared to approximately zero in Q1 2022. At the level of the financial result, we record a decrease in the loss, from RON 3.1 million in Q1 2022 to RON 574 thousand in the first three months of 2023. Thus, the gross result remains in the negative interval, in line with last year: a gross loss of RON 3.3 million, versus RON 3.5 million in the same period last year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A message from the CEO\" \/>\n<meta property=\"og:description\" content=\"In Q1 2023, our Group recorded consolidated revenues of RON 53.5 million, with an increase by over 63% compared to the same period last year, as a result of accelerated growth in the IT&amp;C integration activity (80% increase vs. Q1 2022). At gross margin level we record an increase of 32% from RON 6.5 million in Q1 2022 to RON 8.6 million in Q1 2023. The increase in indirect, administrative expenses recorded over the past year has led to the recording of an operating loss at group level in this first quarter of the year of RON 2.3 million compared to approximately zero in Q1 2022. At the level of the financial result, we record a decrease in the loss, from RON 3.1 million in Q1 2022 to RON 574 thousand in the first three months of 2023. Thus, the gross result remains in the negative interval, in line with last year: a gross loss of RON 3.3 million, versus RON 3.5 million in the same period last year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/\" \/>\n<meta property=\"og:site_name\" content=\"Bittnet Investors Relations Site\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BittnetSystems\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-16T08:16:37+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@NA\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/current-and-historical-financial-results\/1q-2023\/en-2023-q1-bnet-report-q1-2023-download-files\/\",\"name\":\"A message from the CEO\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2023-05-16T07:06:39+00:00\",\"dateModified\":\"2023-05-16T08:16:37+00:00\",\"description\":\"In Q1 2023, our Group recorded consolidated revenues of RON 53.5 million, with an increase by over 63% compared to the same period last year, as a result of accelerated growth in the IT&C integration activity (80% increase vs. Q1 2022). 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