In the first ten months, the company’s revenue grew by 18%, as a result of gaining new customers and getting demand for new projects from existing ones.
In 2023, EXE Software’s revenue amounted to RON33.7 million (EUR6.7 million), up 9% compared with 2022, while net profit stood at RON4.3 million (EUR872,000), down 24% year-on-year.
“In the first 10 months of 2024, revenue grew 18% and this is in line with EXE Software’s steady, organic growth over the last 15 years. Overall, growth in 2024 was 18%, almost double what we estimated at the beginning of the year. Contributing to this growth were both new and existing EXE customers returning with business needs. Demand remained constant, with web&mobile and BI solutions being the most sought after,” Sorin Cosmescu, CEO and shareholder of EXE Software, told ZF.
The company has been in business since 2001, and currently has 67 active customers, of which nine are new projects attracted in 2024.
Among the projects developed this year are solutions in areas such as ride sharing, payment card management for car fleets, BI solutions for sales and inventory management, as well as SFA (Sales Force Automation), merchandising and audit management solutions.
(English version by Loredana Fratila-Cristescu)