Short Overview of company's financial data
From the first day of its operation up until today, IMC Technologies has presented impressive financial results, highlighted in all of its financial metrics.
For the year 2008 company’s sales reached the amount of €2.456 thousands, presenting a substantial increase of 86,67% y-o-y.
Profit before taxation & depreciation reached €454 thousands versus €124 thousands in 2007, representing a robust uplift of 265%, while profit after taxation presented a substantial growth of 105% versus 2007 amounting to €340 thousands.
Current assets in 2008 posted an impressive increase reaching €1.364 thousands compared to €642 thousands in 2007.
Equity has been impressively increased by 379% since company’s policy is to grow using own resources and earnings.
In the following table, the basic facts from company’s financial statements and their evolution in the period 2006-2008 are presented:
| Financial Data |
2008 |
2007 |
2006 |
| Annual Turnover |
2.455.969,36 € | 1.315.693,20 € | 474.239,02 € |
|---|
| Profit before taxation & depreciation |
453.629,11 € | 124.326,01 € | 37.493,72 € |
|---|
| Profit after taxation |
339.642,56 € | 88.911,27 € | 24.607,70 € |
|---|
| Current Assets |
1.364.167,52 € | 641.856,21 € | 240.776,19 € |
|---|
| Equity |
435.076,69 € | 90.883,06 € | 44.336,34 € |
|---|
2009 overview
Financial Statements for 2009 have not been published, but according to available data, IMC Technologies managed, during a year in which Greek markets where IMC Technologies operates experienced significant difficulties, to sustain its sales, presenting annual turnover equals to €1.770 thousands and to increase its profit and net profit margin reaching €553 thousands and €331 thousands respectively. Company’s current assets are expected to reach the amount of €2.000 thousands and equity to increase to the amount of €775 thousands, consisting of company’s share capital and retained earnings.
