Romanian tech co 2Performant sales rise 42% y/y in Q3

Commissions generated to affiliates totaled 1.5 million euro during July-September, up 36% on the year, the company said in a press release.

The average affiliate earning per 100 clicks rose by 3% on the year to 7.27 euro in the third quarter of 2022.

"In Q3, we launched our largest project in recent years - Business League - a decentralized marketing competition, with the main criteria being the number of online sales generated, according to which users are ranked into five levels," said Dorin Boerescu, CEO of 2Performant.

2Performant is a technology company established in 2010, which develops and manages its affiliate marketing platform. The company has been listed on the AeRO market of the Bucharest Stock Exchange since December 2020.

The company currently has a market capitalisation of around 20 million lei ($3.98 million/4.04 million euro).

Its shares traded 0.91% higher at 1.655 lei by 1150 CET on Wednesday, bourse data showed.

(1 euro=4.9471 lei)