In terms of the performance across business segments, the “Software Services” segment generated revenue of RON245.6 million as of September 30, 2024, accounting for 80% of the total revenue. Although this segment experienced a moderate decrease of 6% due to the challenging context of 2024, the company remains confident that investments in cybersecurity and AI integration into its solutions will yield visible results in the near future.
Revenue from the second business segment, “Software Products,” increased by 14% compared with the same period last year, reaching RON57.5 million as of September 30, 2024. This segment accounted for 19% of the total revenue. Growth in this segment highlights the importance of AROBS’s diversified business model with three business lines. The software products segment helps offset challenges in the services area, thus ensuring financial and operational stability.
The “Integrated Systems” segment, where AROBS recorded revenue of RON3.1 million, remains impacted by the delay of essential projects, including those financed through the NRRP (National Recovery and Resilience Program), which is one of the main reasons for the decrease in total revenue this year. Although AROBS’s management initially expected these projects to be awarded in the fourth quarter of 2024, currently, the company expects the projects to be signed at the beginning of next year.
(English version by Loredana Fratila-Cristescu)