Spyrosoft had PLN 14.68 million of net profit, PLN 23.06 million of EBIT profit in 2021

Spyrosoft recorded PLN 14.68 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 12.37 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 23.06 million versus PLN 20.22 million profit a year earlier.

Consolidated sales revenues amounted to PLN 173.43 million in 2021 compared to PLN 112.76 million a year earlier.

"Consolidated revenues of the Spyrosoft S.A. capital group in 2021, they amounted to PLN 173.4 million, 54% more than in the previous year. The rate of revenue growth is mainly due to the increase in employment, and thus a greater number of man-hours worked, as well as a gradual increase in sales rates. Consolidated cost of sold products and services of the Spyrosoft S.A. capital group in the financial year 2021. amounted to PLN 113 million and was higher by 61% compared to the previous year. contributed to an increase in profitability on sales, but it was of an exceptional nature. Gross profit on sales reached the level of PLN 60.3 million, which is a 42% better result compared to 2020. The gross margin on sales amounted to 34.8%, which means a decline y / y by 2.8 percentage points) "- we read in the report.

The parent company's net profit amounted to PLN 14.7 million, which means an increase by 19% y / y. The net margin amounted to 8.5% and was lower by 2.5 percentage points. compared to 2020

On a standalone basis, the net profit in 2021 was PLN 11.56 million, compared to PLN 8.67 million in profit a year earlier.

Spyrosoft is a company founded in 2016 in Wrocław, operating in the IT industry and producing software. On March 17, 2022, the company made its debut on the WSE, moving from the NewConnect market.

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