Credemtel closed 2022 with +8.4% in revenues and 32,000 customers

MILAN, Mar 6 (Class Editori) — Revenues exceeded 33 million euros (+8.4% year-on-year), gross profit reached 7.8 million euros (+5.4%), and EBITDA amounted to 10.2 million euros (+8.5%). These are the 2022 results for Credemtel, a Credem Group’s company led by Giancarlo Caroli, which is active in offering digital services including electronic invoicing, digital storage, document management, and automation solutions.

Electronic document management services account for over 70% of revenues

Considering investee companies Blue Eye Solution Srl, Andxor, and Sata, the turnover was 40 million euros, (+8.8%), gross profit 9.6 million euros (+7.7%), and EBITDA 12 million euros (+9.6%). More specifically, electronic document management services accounted for more than 70% of revenues, a growing trend in light of the market’s increasing focus on digitalization and sustainability, while new contacts for the provision of digital services for business process optimization amounted to 5 million (+10%). To this day, Credemtel has 32,000 direct and indirect customers.

Caroli: significant resources to artificial intelligence projects

“Today’s rapid acceleration toward digital offers us a revolutionary opportunity to create a more sustainable future,” Managing Director Giancarlo Caroli commented, adding that “our commitment will be to allocate significant resources to artificial intelligence, supply chain and process automation projects to regenerate energy in organizations and create effective collaborations between people, reduce waste through skills development and sustainable business growth”.

Credem’s stock down on the Stock Market

On the Italian Stock Exchange, Credem’s stock falls 0.24% to 8.16 euros. With the fulfillment of the conditions for the promotion of the takeover bid, Credem Private Equity SGR, through its indirect subsidiary Argo, announced the launch of a voluntary total takeover bid on Finlogic (+0.42% to 11.85 euros) aimed at delisting at a price of 12 euros per share.

(Source:Class Editori)

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