“2023 is the year we hit some records,” Florin Talpes said. If we look at numbers, what matters is we are seeing growth across the board, he added.

Although he rarely attends events and conferences in Romania, he held the online meeting to explain that once the group shifts to a new accounting standard, the financial data of the entity in Romania will show a decline in revenue and a switch from profit to loss in 2023.

Under the circumstances, he also presented the group results, of the entity in the Netherlands, to show what the dynamic of the group is and that results are higher. Bitdefender, which started the process to go public on Nasdaq a few years ago, has become very careful about its public announcements.

Bitdefender has not dropped plans to go public on the Nasdaq, but is waiting for a shift in investors’ attitude, Florin Talpes said during the same meeting. The market has not been favorable there, he added, as investors have been somewhat reluctant to investing in new technology companies on the stock market.

(English version by Loredana Fratila-Cristescu)