“2021 for us was a dynamic year in terms of business, we achieved growth across the board. Moreover, we prepared the company for floatation on the AeRO market of the Bucharest Stock Exchange in the second half of the year and successfully closed the private placement in November,” said Radu Scarlat, chairman of Bento’s Board of Directors.
The 2022 plans include investments in the development of the company’s own products and in launching international expansion to nearby countries such as Hungary, Serbia and Bulgaria.
Out of the total revenue, 65% came from the IT, Infrastructure and Cloud division, while the rest from the Software Development unit.
Customer portfolio includes companies from Romania, US and Switzerland, mostly energy and utility businesses (65%), while the rest are companies in the telecommunications, FMCG, healthcare, media, agriculture, IT, services, food industry and shipping sectors.
“Out of the revenue generated in 2021, about 32% was recurring revenue. We are happy to see a constant rise in absolute value of recurring revenue, i.e., the revenue that comes from support and update services for the existing applications of our customers,” Vlad Bodea, member of the board and co-founder of Bento said.
Bento expects RON28.4 million revenue, RON5.8 million EBITDA and RON5 million net profit in 2022, according to its spending and revenue budget.
(English version by Loredana Fratila-Cristescu)