The company’s net profit dropped by 18% from 2022, to RON8.3 million (about EUR1.7 million).
While its business declined, Smart ID Dynamics expanded its team in 2023, having 121 employees on average last year, up 14% from 2022.
In early 2022, the majority stake in Smart ID Dynamics was taken over by investment fund Sarmis Capital.
(English version by Catalina Apostoiu)