Britenet stock price, funding rounds, valuation and financials

Britenet annual revenue was zł128.93 m in FY 2020

ZŁ128.9 M

Britenet Revenue FY, 2020

Britenet Revenue growth (FY, 2019 - FY, 2020), %41%

Britenet Gross profit (FY, 2020)36.9 M

Britenet Gross profit margin (FY, 2020), %28.6%

Britenet Net income (FY, 2020)8.1 M

Britenet EBIT (FY, 2020)10 M

Britenet Cash, 31-Dec-20205.1 M

Britenet revenue was zł128.93 m in FY, 2020 which is a 41.4% year over year increase from the previous period.

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Founding Date	2006

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Britenet revenue breakdown by geographic segment: 7.4% from EU, 50.0% from IT and other services, 38.3% from Poland and 4.3% from Other

PLN	FY, 2018	FY, 2019	FY, 2020
Revenue	68.3m	91.2m	128.9m
Revenue growth, %		33%	41%
Cost of goods sold	43.6m	61.1m	92.0m
Gross profit	24.7m	30.1m	36.9m
Gross profit Margin, %	36%	33%	29%
Operating expense total	590.6k	564.2k	149.6k
Depreciation and amortization	451.4k	36.8k	43.6k
EBIT	9.1m	4.6m	10.0m
EBIT margin, %	13%	5%	8%
Interest expense	82.3k	28.6k	22.4k
Interest income	62.8k	2.3k	149.9k
Pre tax profit	9.1m	4.5m	10.1m
Income tax expense	839.7k	1.0m	2.0m
Net Income	8.2m	3.5m	8.1m

PLN	FY, 2018	FY, 2019	FY, 2020
Cash	1.6m	3.4m	5.1m
Accounts Receivable	15.1m	20.2m	21.1m
Current Assets	16.9m	23.7m	26.6m
PP&E	812.1k	862.7k	852.7k
Total Assets	17.7m	24.6m	32.7m
Accounts Payable	3.8m	8.3m	7.9m
Common Stock	150.0k	2.2m	2.2m
Retained Earnings	8.2m	3.5m	8.1m
Total Equity	11.7m	15.2m	22.7m
Financial Leverage	1.5 x	1.6 x	1.4 x