January 23 (SeeNews) - Croatian IT company Q said its revenue rose 44% on the year in 2022, reaching some 19 million euro ($20.7 million), local media reported on Monday.
This year, the company expects its revenue to rise by around 40%, depending on the situation on the market which is turbulent now, business daily Poslovni Dnevnik quoted Filip Ljubic, co-founder and CEO of Q, as saying.
By the time this story was published, Q has not responded to a SeeNews email seeking details about the company's performance and business plans.
The IT company has reported an average annual growth rate of about 40% of its revenue since 2017 when it was set up. Last year, it took over local software developer Flipkod, bringing the total number of its employees to more than 350.
($ = 0.918 euro)