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News

07 Jun 2023

Excellent financial results for 2022

We are pleased to release strong financial results for 2022. Such positive achievements are the result of the hard work of our team, as well as the trust of our customers. Thank you everyone for your support and commitment !

Here are a few highlights:

- A solid 37% increase in revenues, double-digit EBITDA with positive cash flow. This growth comes not only from our existing customers, but also from the acquisition of new ones, mainly in water management and green energy sectors.

- An increase in recurring revenues (licenses) in line with our business model. This is largely due to our strategic alliances with partners in key segments.

- A reduction of our debt by 15%, further strengthening our financial condition.

We look forward to continuing the development of  #WiDE, working with our partners and bringing innovative solutions to our customers. 
The future looks bright for WideTech SA !

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