The distribution of a dividend of 185 thousand euros was approved by the General Meeting of shareholders of Electronet SA which took place on June 26.
The shareholders were informed that the turnover in 2021 increased by 35% compared to 2020, exceeding 73 million euros.
Profits exceeded 1 million euros before taxes, ie more than 100% increase, by 2020.
Cash and cash equivalents approached 4.5 million euros, despite the fact that Electronet repaid its total debt (2.1 million euros), which is now zero.
Its Net Worth exceeded 8.3 million euros, with the result that equity corresponds to 58% of Liabilities.
The number of Electronet stores amounts to 76 and in 2021 it completed and celebrated with its partners and customers 25 years of uninterrupted operation.
In addition, during the elections that took place, the outgoing Board of Directors was re-elected in recognition of his work and another member was added, bringing the total number of participants in the Board of Directors to five.
2022, in addition to the great challenges, also brings great opportunities for the industry in which Electronet operates. Initially, with the Digital Welfare II program that concerns the subsidization of equipment for teachers and also with the program “Recycle – Change device” that promotes the replacement of old energy-intensive home appliances, with new, more environmentally friendly and more energy efficient devices. The company actively participates in both programs, remaining faithful to its principles for a more sustainable future.
Source: Capital
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