Bento reports operating revenues of 12.7 million lei and net profit of 0.5 million lei in Q1 2025

Bucharest, May 29, 2025: 2B Intelligent Soft S.A. (Bento, BVB: BENTO), a Romanian entrepreneurial company specialized in the development and implementation of software solutions and the provision of IT and Cloud infrastructure services, recorded operating revenues of 12.7 million lei and a net profit of 0.5 million lei in the first quarter of 2025.

“The Q1 2025 financial results reflect a start to the year in line with the approved budget, within an operational model where the initiation and delivery of larger-scale projects were planned for the second half of the year. Our business model naturally involves a degree of seasonality, which results in some quarters being more active than others, a dynamic that was also reflected in the first quarter of 2025. In addition, the current context continues to be shaped by external factors that require further clarification, such as political and economic stability, the availability of public funding, and delays in investment decisions across both the public and private sectors. Nevertheless, the pace of our activity remains aligned with the execution of ongoing projects and the solid pipeline we target for the coming period,” stated Radu Scarlat, Chairman of the Board of Directors of Bento.

In the first three months of 2025, the Company’s operating expenses decreased by 29% compared to Q1 2024, reaching 12.4 million lei, despite an increase in personnel expenses. The latter rose to 5.5 million lei, up 33% compared to the same period last year, an evolution that reflects the elimination of tax incentives for the IT sector and, implicitly, Bento’s commitment to its team by maintaining net salaries in an uncertain economic and political context, a decision that supports the continuity and stability of the company’s relationship with both current and potential employees. The increase was also influenced by the company’s sustained efforts to ensure employee retention and to attract new talent.

The decrease in operating expenses was driven by efficiency measures, a strict alignment of costs with actual revenues, and the maintenance of the delivery capacity needed to carry out ongoing projects and those planned for the upcoming quarters. At the same time, expenses with subcontractors and service providers were aligned with the volume of projects underway in Q1 2025, supporting an efficient cost structure.

The Company continues to maintain a stable financial position, with cash and cash equivalents exceeding 20 million lei, solid equity, and low debt ratio. In 2025, according to the revenue and expense budget approved by shareholders, Bento targets operating revenues of 94.1 million lei, a 12% increase compared to 2024, EBITDA of 26.6 million lei, up 29%, and a net profit of 18.2 million lei, up 11%.

Bento has been listed on the AeRO market of the Bucharest Stock Exchange since March 2022 and is one of the few technology companies in Romania that develops its own proprietary software products.