2023 annual results of the Phone Web Company

The Phone Web Company has published its results for the 2023 financial year. The share capital was reduced to 304,740 euros after the cancellation of 109,200 treasury shares.

The turnover for 2023 stands at 1,944 thousand euros, recording a slight decrease of 3.2% compared to 2022. Operating income totals 1,970 thousand euros compared to 2,035 thousand euros the previous year.

Operating expenses amount to 1,728 thousand euros, with personnel costs representing the majority, i.e. 1,407 thousand euros. Net profit reached 160 thousand euros, slightly down compared to 170 thousand euros in 2022. A dividend of 0.06 euros per share will be distributed.

The outlook for 2024 indicates a 6% contraction in turnover in the first half, without affecting profitability. Phone Web relies on teleworking and relies on artificial intelligence to maintain its performance.