Samba Digital, Inc: 2023 RESULTS - Significant Increase in Revenue and Profitability
It is important to mention that this offering was developed in partnership with Orange Business' Data Science department.
- It is important to mention that this offering was developed in partnership with Orange Business' Data Science department.
- Thanks to a 100% subcontracting model and an increase in activity allowing for better absorption of its fixed costs, Samba Digital's operational profitability significantly appreciated in 2023, reaching 27.1% of revenue, an increase of 4.7 points.
- Equity has reached €25.18M as of 12/31/2023 after incorporating the 2023 net income.
- The company thus is aiming for a 2024 revenue of €10M, representing an organic growth of nearly 70% for the upcoming fiscal year.