Last year, the domestic software company STRV increased its consolidated revenues by 18 percent to $ 18.7 million, ie about CZK 400 million. The company’s pre-tax profit and interest rose 58 percent to $ 4.9 million, or approximately $ 105 million, the company announced.
The company generated most of its revenue from customer projects that generated $ 17.4 million in sales. Another source of income is their own projects. The most important of these is the portfolio of dating applications for the LGBT community, which STRV transferred to Cosmic Latte last year. The second separate project is the company Dot to Dot, which includes the game of the same name based on number connectors, and the coloring book ColorMe.
“The year 2021 was a turning point for us in many ways. We managed to deliver 11 products to our clients and completed our largest product to date, Barry’s digital fitness platform. We welcomed 32 new clients and virtually all financial metrics look very positive. “We also consider the development of our data science team to be a success, we have expanded it to five people and completed seven projects. We want to take a similar path to data science in the field of blockchain and NFT,” said CEO Lubo Smid.
This year, the company wants to focus on building complete products and be a full-fledged technological partner of its clients. At the same time, after a turbulent pandemic period, it will return to investing more significantly in its own activities and plans to spend over a million dollars on investments.
STRV is a technology company focusing on the design and development of software products. Since its founding in 2004, the company has launched hundreds of digital products and solutions for its clients and been able to launch several of its own successful games and applications.
Source: CTK
