Bento posts 65 million lei revenues and a net profit of 14.4 million lei in the first nine months of 2024
2B Intelligent Soft (Bento, Intellectually Curious, BVB: BENTO), a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT and Cloud infrastructure services, posts operating revenues of 65.1 million lei in the first nine months of 2024, marking a 67% increase compared to the period ended September 30, 2023, and a net profit of 14.4 million lei, a 19% increase compared to the same period last year.
“The results for the first nine months of the year are clear evidence of the efficiency of our strategy and the ability of the Bento team to turn challenges into opportunities. During this period, we focused on delivering services and solutions that bring real value to our clients while consolidating our position in the local technology market. At the same time, these results demonstrate the maturity of our business model and our ability to meet the complex demands of the industries we serve. As we continue to invest in our own products and expand our portfolio, we are optimistic that Bento will continue to evolve significantly in the long term,” stated Radu Scarlat, Chairman of the Board of Directors of Bento.
The “Software Development” (DEV) division contributed 30% to operating revenues for the first nine months of 2024, while the “IT, Infrastructure, and Cloud” (IT) division accounted for 68%. Of the total operating revenues, 88% were generated by turnover, and 10% by investments in own software products, specifically the development of the integrated modular software platform – the Bento Platform.
“Everything we do at Bento is about optimizing our clients’ operations, and our mission is to put people first. We are pleased to see how, year after year, our collaboration with clients and business partners, as well as our focus on innovation, generate significant results. This inspires us to remain curious and to continuously seek new directions for growth, while developing innovative services and products that support our clients’ digital transformation and contribute to their success,” stated Vlad Bodea, co-founder of Bento and member of the Board of Directors.
The financial results recorded in the first nine months of the year align with the annual planning carried out by Bento’s management, based on existing contracts and those signed during this year. These include two significant contracts with a total value of approximately 12.7 million lei, signed with two clients in the energy sector.
Bento is listed on the AeRO market of the Bucharest Stock Exchange as of March 16, 2022, being one of the few technology companies in Romania that develops own software products.
____________________
About Bento – Intellectually Curious
Bento (2B Intelligent Soft S.A.) is a Romanian entrepreneurial company that develops software solutions and provides IT and Cloud infrastructure services. With 20 years of experience, Bento has developed and implemented complex projects with applicability in multiple industries for multinational companies in Romania, the USA, and Switzerland. The company has complementary project management, analysis, prototyping, development, testing, implementation, integration, and maintenance teams that can transform ideas, concepts, and needs into solutions adapted to the requirements of each client. Relying on the experience gained in optimizing and automating operational processes, the company has developed its own software products over the years, such as Bento Mobile Device Management, Bento Field Service Management, and Bento Smart Metering solutions. Bento is also a recognized regional partner for renowned vendors such as Microsoft, HPE, and CISCO.