{"id":5774,"date":"2025-07-07T11:00:30","date_gmt":"2025-07-07T11:00:30","guid":{"rendered":"https:\/\/ofero.news\/?p=5774"},"modified":"2025-07-07T11:00:30","modified_gmt":"2025-07-07T11:00:30","slug":"romanian-it-security-giant-bitdefender-posts-profit-for-2024","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=5774","title":{"rendered":"Romanian IT security giant Bitdefender posts profit for 2024"},"content":{"rendered":"<p>IT security solutions provider Bitdefender, one of the most well-known Romanian IT brands internationally and the largest local software producer, reported revenues of RON 1.67 billion (EUR 330 million), up 62.6% compared to 2023, according to <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/it-c\/bitdefender-confrma-cifrele-anuntate-de-profit-ro-afaceri-de-aproape-1-7-miliarde-de-lei-in-2024-compania-controlata-de-sotii-talpes-a-revenit-pe-plus-22090342?utm_source=Rss&amp;utm_medium=Referral&amp;utm_campaign=Cross\">Profit.ro<\/a>.<\/p>\n<p>The company reported a net profit of RON 239.6 million (EUR 47.3 million) in 2024, from a loss of RON 122.7 million (EUR 24.2 million) in the previous year. Importantly, the negative result in 2023 was the effect of the company\u2019s transition to a new accounting standard.<\/p>\n<p>Last year, Bitdefender\u2019s liabilities increased by 44.4% to RON 300.1 million (EUR 59.2 million), and receivables advanced by 24.9% to RON 347.9 million (EUR 68.6 million).<\/p>\n<p>The average number of employees rose by 7.3%, from 1,538 to 1,650.<\/p>\n<p>In December 2021, Bitdefender was reportedly preparing to launch an IPO on the US capital market, with JP Morgan and Morgan Stanley hired as consultants, at a valuation fit for unicorn status. However, the company management decided to put the listing on hold due to increased pessimism on the market.<\/p>\n<p>In 2017, Bitdefender was valued at over USD 600 million following a transaction in which the European fund Vitruvian Partners acquired 30% of the company\u2019s shares from Axxess Capital. Recently, the investment platform AInvest stated that an IPO is expected in 2026.<\/p>\n<p><em><a href=\"mailto:radu@romania-insider.com\">radu@romania-insider.com<\/a><\/em><\/p>\n<p><em>(Photo source: LCVA | <a href=\"https:\/\/www.dreamstime.com\/\">Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>IT security solutions provider Bitdefender, one of the most well-known Romanian IT brands internationally and the largest local software producer, reported revenues of RON 1.67 billion (EUR 330 million), up 62.6% compared to 2023, according to Profit.ro. The company reported a net profit of RON 239.6 million (EUR 47.3 million) in 2024, from a loss [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5774","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5774"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5774\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}