Bittnet

Bittnet is an IT integrator and the IT Training market leader in Romania.

Launch date

2007

Employees

Company register number J40/3752/2007

Bucharest Romania (HQ)

http://bittnet.ro

https://twitter.com/bittnetsystems https://www.facebook.com/bittnetsystems https://www.linkedin.com/company/bittnet-training/

Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	4.7m	4.3m	20.5m	22.4m	27.6m	27.6m	29.9m
% growth	54 %	(8 %)	380 %	10 %	23 %	-	8 %
EBITDA	<1m	1.1m	<1m	1.2m	-	-	-
% EBITDA margin	13 %	26 %	-	6 %	-	-	-
Profit	<1m	<1m	(<1m)	<1m	-	-	-
% profit margin	7 %	18 %	(5 %)	1 %	-	-	-
EV / revenue	1.1x	2.3x	1.4x	1.6x	-	-	-
EV / EBITDA	8.6x	8.7x	321.8x	29.8x	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Jul 2015	N/A	N/A	IPO
May 2024*	N/A	$1.3b	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

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