Solteq Plc has published Financial Statements Bulletin January 1 – December 31, 2021.
Solteq Group’s revenue for 2021 was EUR 69.1 million, an increase of 14.2 percent from the previous year. The growth was mainly organic. Profitability of the international subsidiaries improved significantly, particularly in Denmark. The revenue from the international subsidiaries accounted for 22.3 percent of the group’s revenue. Solteq Software segment accounted for just over a third and Solteq Digital segment less than two-thirds of the group’s revenue. The growth was fueled by Solteq Software’s Utilities business and the digital business and commerce solutions of Solteq Digital.