Cybersecurity services contributed 32% to the total turnover, and implementation of cybersecurity solutions contributed 68%. In Q3 2024, Safetech Innovations gained 9 new clients from the Romanian market.
In terms of expenses at the individual level, in 9M 2024, the highest contribution is represented by employee benefits expenses, which increased by 26% compared to the same period last year and reached RON10.2 million.
The second significant cost was represented by raw materials and consumables expenses, which increased by 110% compared to 9M 2023, reaching RON9.3 million.
At the individual level, the operating result in the first nine months of 2024 reached RON11.1 million, a 60% increase compared to the same period last year, due to the larger scale of business and the increased focus on higher-margin services.
At the consolidated level, in 9M 2024, the Company recorded a consolidated turnover of RON30.7 million, an increase of 53% compared to the same period of 2023.
Therefore, the net result for the first nine months of 2024 was RON7 million lei, an increase of 382% compared to the same period of 2023.
(English version by Catalina Apostoiu)