EPSILON NET Group: Significant increase in all sizes for 2023, +24% in the Work Cycle

A significant increase was also noted in 2023 by the Company Group as a whole, demonstrating its leadership in the field of Business Software in Greek . As announced by EPSILON NET Group, the strategic objective of its management remains the disposal of products and services all in one solution, the continuous expansion of market share and the achievement of high final profitability performance. BASIC FINANCIAL PERIOD SIZES According to the Consolidated Financial Statements of the year 2023, drawn up on the basis of International Financial Reporting Standards (IFRS), the most important financial figures of the EPSILON NET Group are as follows: The Group’s liquidity is maintained at a high level in 2023 (Cash Available and Equivalent 25,4m euros, negative net lending 6,85m euros). Ioannis Michos, Chairman & CEO of EPSILON NET, commented on the results, made the following statement: “I am particularly satisfied with the results of 2023, where we achieved a significant increase in our sales and profitability. After strategic cooperation with the National Bank, 2023 was the first year of our business planning for the period 2023-2025. We continue the development of the Group with the continuous positive results, our financial strength, the portfolio of integrated solutions & products and the dynamic takeover program. The strategic objective of the administration remains, the continuous production of value for our shareholders, partners and staff, as the largest Business Software & Technology Solutions Group in the Greek market.”