{"id":16741,"date":"2022-05-13T18:07:40","date_gmt":"2022-05-13T15:07:40","guid":{"rendered":"https:\/\/investors.bittnet.ro\/?p=16741"},"modified":"2022-05-13T18:07:41","modified_gmt":"2022-05-13T15:07:41","slug":"q1-2022-report","status":"publish","type":"post","link":"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/","title":{"rendered":"Q1 2022 Report"},"content":{"rendered":"<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-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>BITTNET SYSTEMS S.A. (hereinafter referred to as \u201cthe Company\u201d) informs the investors and interested parties about the publication of the unaudited, consolidated, financial results for Q1 2022 \u2013 \u00a0attached to this current report, together with the Quarterly Report prepared according to Annex 13 of FSA Regulation no. 5\/2018.<\/p>\n<p>The report includes the Letter from the CEO, the activities of the two Divisions of the Group, Education and Technology, during the first quarter, as well as the presentation of the financial results in annualized perspective (TTM \u2013 trailing 12 months) in line with the long term vision on the Group&#8217;s results.<\/p>\n<p>Key elements in Q1 2022:<\/p>\n<ul>\n<li>total revenues: RON 33.1 million, +64% vs Q1 2021<\/li>\n<li>gross margin: RON 6.49 million, +62% vs Q1 2021<\/li>\n<li>operating profit: RON -25 thousand, an improvement of 96% vs Q1 2021<\/li>\n<\/ul>\n<p>The Q1 2022 report is available at the following link: <a href=\"https:\/\/investors.bittnet.ro\/wp-content\/uploads\/2022\/05\/220513_Raport-Bittnet-BNET-Trimestrul-1-2022-ENGL.pdf\">BNET Q1 2022 Report<\/a> \u00a0together with the financial results for the period.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"BITTNET SYSTEMS S.A. (hereinafter referred to as \u201cthe Company\u201d) informs the investors and interested parties about the publication of the unaudited, consolidated, financial results for Q1 2022 \u2013 \u00a0attached to this current report, together with the Quarterly Report prepared according to Annex 13 of FSA Regulation no. 5\/2018. The report includes the Letter from the...","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[389,401],"tags":[],"class_list":["post-16741","post","type-post","status-publish","format-standard","hentry","category-current-reports","category-periodic-reports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Q1 2022 Report - Bittnet Investors Relations Site<\/title>\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\/q1-2022-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q1 2022 Report - Bittnet Investors Relations Site\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\" \/>\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:published_time\" content=\"2022-05-13T15:07:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-13T15:07:41+00:00\" \/>\n<meta name=\"author\" content=\"Lucian Bratu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NA\" \/>\n<meta name=\"twitter:site\" content=\"@NA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucian Bratu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\"},\"author\":{\"name\":\"Lucian Bratu\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#\/schema\/person\/54d368673105e588c70afb8404cdf81b\"},\"headline\":\"Q1 2022 Report\",\"datePublished\":\"2022-05-13T15:07:40+00:00\",\"dateModified\":\"2022-05-13T15:07:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#organization\"},\"articleSection\":[\"Current reports\",\"Periodic reports\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\",\"name\":\"Q1 2022 Report - Bittnet Investors Relations Site\",\"isPartOf\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\"},\"datePublished\":\"2022-05-13T15:07:40+00:00\",\"dateModified\":\"2022-05-13T15:07:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/q1-2022-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/investors.bittnet.ro\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Q1 2022 Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investors.bittnet.ro\/en\/#website\",\"url\":\"https:\/\/investors.bittnet.ro\/en\/\",\"name\":\"Bittnet Investors Relations Site\",\"description\":\"Your Value. 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