(Finance) – Finance.techa fintech company listed on Euronext Growth Milan, closed 2023 with revenues consolidated amounts of 10.64 million euros, +197% (3.59 million as at 31 December 2022), EBITDA consolidated amount of 2.05 million euros (0.30 million at 31 December 2022), EBITDA margin at 19.3% (8.5% as of 31 December 2022) e Net income equal to 0.62 million euros (0.10 million at 31 December 2022).
93.4% of revenues relate to the service Transfer of Tax Credit (equal to 9.93 million euros vs 2.05 million euros the previous year), 5.5% to the Indirect Finance Procurement service line (equal to 0.58 million euros), and for the remainder 1.1% to the other service lines (for a total of 0.12 million euros), including Business Information and Consulting activities.
“2023 was a particularly important year for Finanza.tech, the year in which we managed to consolidate our market position and obtain great satisfaction in the tax credit sector: the scalability of our platform has allowed us to verticalize our skills and provide users with a seamless and secure experience , to support the real economy – commented the CEO Nicola Occhinegro – Today we are ready to design the future of our business model and replicate this success on the next evolutions of the platform.”
“During 2023 we worked on development of new features within our portalwith the aim of making it accessible to a greater number of users and satisfying a growing number of needs – he added – Starting in the next few weeks a beta version will be online which will anticipate the launch activities of the entire ecosystem, allowing not only improve financial management, but also to access data and information in an easy, rapid and structured way to support the decision-making process and, if necessary, to obtain personalized support from a consultant”.
Based on the results achieved during the year, the investments made and the position of the company within the national financial and fintech panorama, Finanza.tech foresees the consolidation of the market position and the continuation of the group’s growth path over the of the 2024year in which we expect a further improvement in all industrial, economic and financial indicators.