New invoice record From Alicante technology company Facephi, which specializes in the development of facial recognition software and other systems for digital identity verification. Chairman of the company Javier Mira On Monday, it reported that it ended last year with revenue from license sales. 30.08 million euros, it means one 35% increase According to the previous year’s figures.
An increase that the firm attributes to its entry into the industry new markets and strengthening its portfolio in other areas where it currently operates. In this sense, Facephi’s own managers emphasize the following in the management report sent to BME Growth, the stock exchange of emerging companies where the company is listed: An agreement was reached with Qasio and mBankopening its doors Arap emiratesFollowing the success they have already achieved among Latin American banks, they are strengthening their presence in the Middle East, which they see as key to their growth, among other areas.
In this context, the company assures that they are focusing many resources on strengthening their global reach in 2023. Special attention is paid to these two regions – Latin America and the Middle East., has its own subsidiaries. They also emphasize that: increase your portfolio products and functions such as behavioral biometrics and identity wallets.
The company categorizes exercise as: year of “consolidation”After closing again with Positive gross operating profit (benefit) of €3.87 millionyes, it represents 12.9% less For the company, these figures show the company’s “strong revenue generation and ability to balance growth with profitability.” Nevertheless ebit (net operating profit) ended with one 1.28 million negative balanceis due to the increase in depreciation.
The company guarantees: Market response “has been extraordinarily positive”With the increasing adoption of their technology in a variety of industries, from banking to airport security.” An “achievement” that is reflected not only in financial results but also in industry recognition, “it cements Facebook as the undisputed leader in the market.” his domain” according to the same sources.
New organization chart
Appointments are among the important milestones of the year. Jorge Sanz being appointed as the general manager of the company or moving the company’s offices to Panoramis business center.
Last year also Facephi investigated sale of majority stake of your sharesTo do this, he hired consulting firm GP Bullhound. A process that ended in failure because no agreement could be reached.
The technology company currently has more than 300 customers and its solutions are available in 25 countries worldwide. The number of employees currently exceeds 260 people.