Wirtek has just published the annual report for 2018. Revenue shows a growth of 40% compared to 2017 and profit before taxes (EBT) increased by 65%. The cash position continues to be strong and Wirtek has no debt. The Board is very satisfied with these results.
Wirtek is continuing its focus on offering value-adding nearshore outsourcing services within software development and product testing to our customers. With the acquisition of the Danish testing and quality assurance company Software-Pro in the Spring of 2018 as well as a planned expansion of our sales organization during 2019, the expectation is that Wirtek will continue the profitable growth in the coming years.
The full financial report for 2018 is available for download here (in Danish).
Wirtek A/S is a Danish consultancy services company with strong competencies in outsourcing of software development product testing services. We provide our customers with flexible services of high quality at competitive prices from our Development and Test Centers in Romania. Our competencies include web-based solutions and portals, mobile solutions as well as embedded systems. Wirtek focuses on building long-term customer partnerships and a win-win relationship that creates added value for our customers.
Several clients have been with us for 10+ years, so we can confidently say that in outsourcing, the quality of the relationship matters just as much as the quality of the delivered software. Our clients get state-of-the-art technical solutions and a committed team that works with them as if it were their own.
Wirtek has offices in Denmark (HQ + sales) and four development and test centers in Romania, and we are 180+ colleagues. Wirtek was listed at Nasdaq First North Growth Market Denmark in 2006.