Its turnover stood at RON354.3 million in 2024, up 19% year-over-year, and its operating expenses increased by 18% to RON312 million. Assets soared 72% to RON342.7 million.
SMTL shares grew 2.3% on Tuesday (Feb. 25), in anticipation of the company’s annual financial results. Simtel shares traded 37% lower over the last 12 months and 1.7% lower so far in 2025, triggering a market capitalization of RON315 million.
Simtel Team’s shareholding structure comprises its founders, Iulian Nedea (with a 21.3% ownership), Sergiu Bazarciuc (21.1%) and Radu Vilau (21.08%).
The companies part of the Group generated the following turnover: Simtel Team S.A. (RON273.9 million), GES Furnizare (GES) – (RON64.7 million), Simtel Moldova (RON8.2 million), and ANT Energy (RON9.1 million). The other entities that largely represent photovoltaic solar parks under development, as well as the companies Agora Robotics and Custom Software Solutions (CSS), registered no significant revenues.