Softbinator Technologies’ 2023 financial results are presented under IFRS standards.
The Group’s net loss in 2023 was due to an extremely difficult year for the world’s IT industry.
Consolidated results for 2023, under IFRS standards, include the performance of Softbinator Technologies, E-spres-oh, Ixperi and Digital Tailors.
At an individual level, under IFRS, Softbinator Technologies reported a turnover of RON19.5 million for 2023, down 6% from 2022, and a net loss of RON2.4 million, compared to net profit of RON2.5 million in 2022.
Softbinator Technologies has been listed on the AeRO market of the Bucharest Stock Exchange since December 17, 2021. The company has a market value of RON46.9 million and is 44%-owned by Daniel Ilinca and 18.1% by Bittnet Systems. CODE shares have lost 13.9% so far in 2024, amid deals worth RON455,000, as per stock market data.