Streamwide reports a positive net income of 3.4 million euros for 2022, but down 17%, as well as a current operating margin (EBIT) representing 25% of annual revenues, versus 29% the previous year.
At 17.6 million euros, revenues increased by 5% with the growth of business-critical communications solutions, up 12% and now representing 70% (+4 points) of the group's annual revenues.
Streamwide warns that "while currently anticipated revenues for 2023 are satisfactory, there is still no guarantee that they will be higher than those for 2022". Streamwide's objective "remains to maintain a profitable growth dynamic, and to give itself the means to do so".
Copyright (c) 2023 CercleFinance.com. All rights reserved.
StreamWIDE specializes in publishing software used to supply value-added and new-generation telephone services to fixed and mobile telecom operators. Basing its products on a patented technology, the group offers solutions for unified and convergent e-mail, prepaid account taxation and management, vocal server and interactive video creation, personalized ring tone delivery, etc. Net sales break down by activity as follows:
- sale of licenses (50.9%);
- services (25.7%);
- maintenance services (23.5%).
Products and services are marketed through direct sales and distributors.
Net sales are distributed geographically as follows: France (77.6%), Europe (11.7%), America (7.7%), Africa (1.4%), Asia/Pacific (0.9%) and Middle East (0.7%).
STREAMWIDE 
