Olidata, semester exceeds plan target. Rufini: “we are on the right path”

Olidata new hires in Big Data and Artificial Intelligence

(Finance) – The consolidated income statement for the first half of 2023 of Olidata highlights a Net income equal to 465 thousand euros, of which 154 thousand euros pertaining to the Group, against a half-yearly net profit for 2022 equal to 369 thousand euros (+26%).

THE Revenues they amount to 25,112 thousand euros compared to 15,713 thousand euros at 30 June 2022 and show a positive change of 9,399 thousand euros (+59.8%).

In the first half of the year 2023, the Olidata Group has “exceeded the objectives set in the 2023-2025 Business Plan“, we read in the half-yearly results note.

The Operating margin (EBITDA) for the first half of 2023 is equal to 1,132 thousand euros compared to 963 thousand euros in the first six months of 2022, and highlights an increase of 169 thousand euros (+17.5%), while the “Operating Margin” ( EBIT) is equal to 904 thousand euros compared to 768 thousand euros as of 30 June 2022 and shows an increase of 136 thousand euros (+17.7%).

L’Useful equal to 465 thousand euros, increased by 96 thousand euros (compared to the first half of 2022 369 thousand euros).

L’Financial debt net medium-long term amount stands at 4,116 thousand euros (2,872 thousand euros at 31 December 2022) and is essentially made up of “Non-current financial liabilities” relating to mortgages and financing of the subsidiary Sferanet and “Non-current financial assets”.

“I am proud of the results obtained to date and of being able to continue the history of a great brand, Olidata, which has contributed to the IT development of this country – he declared Cristiano Rufini, CEO of society -. Always attentive to financial balances but without ever neglecting the well-being of employees, to whom I extend my thanks. The objective was not obvious, but the results and the strong interest on the part of our shareholders are confirming that we are on the right path“.

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