Scholarship. The Safetech cyber security company announces revenues of 27 million lei at the individual level in S1/2025, descending by 12%. Profit of 6 million lei, minus 2%

Foto del autor

By TP

Safetech Innovations (Safier Safe symbol), Romanian cyber security company in Bucharest, London, Abu Dhabi and Riad, reported, at the individual level, revenues of 26.7 million lei in S1/2025, decreasing by 12% compared to the same period last year, a turnover of 18.5 million decrease by 2% compared to the first six months of 2024, according to a press release. «The first half of 2025 confirmed the ability of Safetech Innovations to adapt its strategy to the dynamics of the cyber security market and to maintain its profitability, despite an economic and political context marked by uncertainties. superior and a constant request – both by extending the collaborations with the existing partners and by attracting new customers. In the first six months of the year, cyber security services contributed 49% to the total turnover, and the implementation of cyber security solutions contributed 51%. The net profit margin increased to 33% in the first semester of 2025 (compared to 27% in S1 2024), which marks an improvement of about 6 percentage points, due mainly to the increase of cyber security services, with higher profitability. Optimis that we will reach our goals set earlier this year: total revenues at the consolidated level of 62.2 million lei and a consolidated net profit of 14.1 million lei ”, adds the CEO. At the consolidated level, where the performances recorded by the UK entities (Safetech UK) and the Kingdom of Saudi (Safetech KSA) are included, the turnover was 19.2 million lei, and the net result increased by 31%, to 5.6 million lei. The positive evolution was due, in particular, to increasing income and cost optimization within Safetech UK. The second quarter continued with attracting new customers in the UK and the US, generating income that covered costs and creates a basis for future growth through solid local references. Currently, US customers are served by the UK branch. It concluded the second quarter of 2025 with profit, according to the budget planning of the company. In S1/2025, Safetech Innovations was accepted in the Maryland software program, to benefit, in the coming months, support from state authorities and US Department of Trade to attract new local customers. It is the only Romanian company ever admitted in this program and one of the two selected at the annual level. In Saudi Arabia, the company has made the necessary administrative steps and is in the process of identifying customers and opportunities. Also, during this period, the company is in the final stage of the procedures for signing a significant framework contract, in which Safetech Innovations will participate, as a subcontractor, in an international consortium that will provide advanced cyber security services at the European Union level. The project concerns both operational support and consultancy and development of capabilities in the field of cyber security. Regarding the shareholder reward policy, the Safetch Innovations Board intends to convene a general meeting to approve a redemption program of 12,717.653, as well as to a dividend, as well as to a dividend 0.01 lei per share from the profit for last year. Compared to the initial proposal, which included only the granting of dividends, the management of the company decided to direct a consistent amount to a redemption program, which will generate the long -term higher benefits, by supporting the value of the shares and improving the liquidity in the market, also emerges from the statement. of 28.8% – by Victor Gansac and the financial director Paul Rusu. The company has a capitalization of 150 million lei.
For other news, analyzes, articles and information from real -time business follows the financial newspaper on WhatsApp Channels