Izertisa technology consultancy listed on BME Growth, has presented its economic data for the year 2022, in which it includes profits of €92.2 million35.6% more than in 2021. The net profit obtained by the company acquired an increase of 57.4%, reaching €3.7 million.
With these figures on the table, the company specializing in digital transformation processes is ambitious for the next five years. Thus, your goal is triple its revenues to reach 250 million euros in 2027which would mean a annual growth of approximately 18.9%.
the innovator Izertis Strategic Plan 2027 It also contemplates entering the Continuous Market from BME Growth, assuming a stock market advance at the national level. It would thus take advantage of its presence in this index for companies in which it has been listed since November 2019.
This would go hand in hand with obtaining a gross operating result (ebitda) of €33 millionafter accumulating annual growth of around 27.5% over the next five years.
Izertis, within its new strategic plan, also intends to develop a unprecedented international expansion project for the next few years. And it is that, as a result of his subsidiary company in Mexico, he would make the leap to the United States. A similar operation will be carried out in Europe, where it will take its activity in Spain and Portugal as a reference to explore other European markets full of opportunities.
The president and CEO of Izertis, Paul Martinconsiders that after 26 years of uninterrupted growth, in which they have managed to overcome by far all the challenges and adverse socio-economic circumstances of the moment, they now present this ambitious strategic plan.
In addition, it points out that if in 2022 they have managed to multiply their income tenfold compared to the 9.4 million euros obtained in 2012, their expandability above sector in a fully sustainable and profitable way.
Your 2022 data
Presented as a very attractive company for its shareholders, Izertis closed last year with 92.2 million euros, 35.6% more compared to 2021. In addition, this demonstrates the exponential growth that has been reaping year after year: in 2021 28.6% more and in 2020 9.1% more, which translates into an evolution of 90% in just three years.
He gross operating result (Ebitda) had 53.6% more than in 2021, reaching 12.1 million euros. By optimizing their operating processes, they have managed to be more productive, and as Martín himself assures, they have reached the Ebitda target one year in advance.
So that, Its Ebitda margin over revenue stands at 13.1%, a record number in its history. Also, the net profit was 3.7 million euroswith a growth of 57.4%.
Acquisitions as a key factor
For Izertis, the annexation of other companies during 2022 has allowed it reinforce its positioning and brand image. Its treasury has recorded economic data of €35.6 millionwhich has multiplied by nine the 4.2 million euros it had in 2019.
The Izertis Strategic Plan has had the support of the Crisae Private Debt Fund (Banco Sabadell) and institutional investors such as metamanagement. Other independent financial companies have also joined, such as JB Capital either GVC Gaesco, which have raised the target price per share of the company to 10.25 and 10.70 euros, respectively. Other financial entities that have joined have been, for example, EthiFinance Ratings, which has given it a BB credit rating with a positive trend.
As for the shareholding distributionmanagers and employees represent just over 12% of the company, only behind its president and founder Pablo Martín, who owns a figure of more than 55%.
The capitalization of the technology firm is located around the €200 millionsomething that multiplies by five the 36 million euros that the company was worth when it began trading three years ago
