Softpedia is one of the most profitable companies in Romania’s IT&C industry considering the net profit margin of 54% it operates with, rivaled only by other online businesses, such as ejobs.ro, with a 52% margin in 2013, and bestjobs.ro with 45%.
By comparison, mobile telephony operator Orange, which raked in the biggest net profit in the industry last year, of EUR113 million, posted a margin of 11.5%.
Softpedia.com provides applications for Windows, Mac and Linux operating systems, as well as for the operating systems used on mobile phones.
Against 2012, however, Softnews Net’s 2013 profit was 15% lower while revenue slid by 5%.
Rival ITNT, the company that developed soft32 software distribution platform, reached revenue of EUR7.1 million last year, up 18% against 2012, according to Finance Ministry data.
Soft32 was initially launched only for the domestic market, but after two years its founder and chief executive officer Lucian Todea decided to also tap the international market, now also targeting users from emerging economies, such as Russia, India, Brazil.
At present, soft32.com hosts over 100,000 applications for Windows, Mac and Mobile platforms, and has around 10 million users monthly, according to data posted on ITNT’s website. Last year, ITNT reported profit of above EUR800,000, double the 2012 level.
(English version by Catalina Apostoiu)