Bittnet Systems SA (BVB:BNET)
Romania flag Romania · Delayed Price · Currency is RON
0.1460
-0.0015 (-1.02%)
At close: Sep 10, 2026

Bittnet Systems Financials Overview

Millions RON. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
431.28394.26404.11359.09192.16109.81
Revenue Growth
32.92%-2.44%12.54%86.87%74.98%0.57%
Gross Profit
68.7961.0274.1163.0142.7424.39
Operating Income
16.870.089.286.523.954.83
Net Income
20.38-6.065.33-6.29-5.3612.32
Earnings Per Share
0.03-0.010.01-0.01-0.010.02
EPS Growth
-----1194.50%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Education
39.2415.3611.114.1122.2114.38
Digital Infra
395.1381.23388.09327.82141.29-
Inter-Segment
-40.75-38.16-24.31-7.27-4.6-5.68
Business Analyst & Software
-35.8229.2324.4316.79-
Total
431.28394.26404.11359.09192.16109.81

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
39.09119.8579.0781.3756.0941.32
Total Debt
64.2678.8783.2977.5183.9536.34
Net Cash (Debt)
-25.1840.97-4.223.86-27.864.98
Net Cash Growth
------
Net Cash Per Share
-0.040.06-0.010.01-0.050.01

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
33.5162.5421.9360.77183.78
Capital Expenditures
-1.13-1.79-2.02-1.71-4.05-1.63
Free Cash Flow
32.3860.7519.9159.0613.942.15
Free Cash Flow Growth
120.71%205.12%-66.29%323.62%548.03%-69.97%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
15.95%15.48%18.34%17.55%22.24%22.21%
Operating Margin
3.91%0.02%2.30%1.82%2.06%4.40%
Pretax Margin
2.33%-1.49%-0.21%-0.22%-1.08%13.30%
Profit Margin
4.73%-1.54%1.32%-1.75%-2.79%11.22%
FCF Margin
7.51%15.41%4.93%16.45%7.26%1.96%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.21-18.31--13.14
Forward PE
-28.0028.0028.0039.4011.22
P/FCF Ratio
2.741.184.912.9911.2075.26
PS Ratio
0.210.180.240.490.811.47