Also, Ascendia ended 2021 with a turnover of RON4.5 million, up over 370% on the year, and total revenue of RON6.2 million, up 106% versus 2020.
Ascendia officials forecast total revenue of RON20 million and profit of over RON8 million in 2022.
Ascendia CEO Cosmin Malureanu believes Ascendia can evolve into a powerful company both locally and globally, and is likely to be listed on the Main Market of the Bucharest Stock Exchange over the next three years.
Ascendia is 62.8% owned by Cosmin Malureanu and 22.2% held by Alex Malureanu.
ASC shares have gained 8.15% since the start of 2022 amid deals worth RON183,281, as per stock market data.