In comparison, the company ended 2021 with RON19.1 million consolidated revenue and RON3.3 million net profit, which means it seeks 39.8% growth in revenue and 63.6% growth in net profit this year, ZF calculated.
“We are extremely optimistic and looking forward to what 2022 has in store for us and will make every effort to deliver on the results we promised our shareholders in the listing memorandum,” CEO Daniel Ilinca writes in the letter to shareholders.
“While from the current activity we generated results that exceed what we set out to do, we point out that the structuring of the private placement as a sale of shares led to the situation where, although the operation did not generate profit, the amount obtained from the placement will be taxed at profit tax rate, respectively 16%.”
Under the circumstances, the company still maintains its budget estimates for this year, he added.
(English version by Loredana Fratila-Cristescu)