Net revenue reached RON24.4 million in the first six months of the year, down 18.3% from the first half of 2021, while expenses rose 25% to RON22.7 million. The company’s debts increased by about 50%, from RON25.5 million to RON38.3 million on June 30, 2022.
Over the past year, iHunt’s shares have lost 54% amid a RON25.2 million traded volume, according to Bucharest Stock Exchange data. Listed on the AeRO segment of the market, the company is 51% controlled by CEO Cezar Catalin Stroe, with the rest going to other shareholders.
(English version by Loredana Fratila-Cristescu)