BMIT Technologies Plc Logo

BMIT Technologies Plc

ISIN: MT0002130103 | Ticker: BMIT | LEI: 48510069AVGK9P61AL54
Country: Malta

About BMIT Technologies Plc

Company Description

Our purpose as BMIT Technologies is to power businesses to achieve their desired outcomes through harnessing technology.

We are the result of two successful organisations – BMIT Limited and Kinetix IT Solutions Limited - coming together with a clear objective to deliver technological solutions in a straightforward manner, through a team of passionate people who understand technology yet are able to deliver it in a simplified way.

We are aware that every client we work with requires different solutions. So, at BMIT Technologies, we tackle each need with our expertise in technology, business strategy and innovation; developing intelligent, secure infrastructure solutions, building your internal capabilities and identifying opportunities to enhance your business potential through the application of innovative technologies.

Year founded

2009

Served area

Worldwide

Headquarters

SCM02, Level 2, SmartCity Malta, SCM1001 Kalkara – Malta

Financial statements

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Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Assets N/A 25,604,000.00 25,513,000.00
Noncurrent Assets N/A 18,169,000.00 17,806,000.00
Property Plant And Equipment N/A 9,847,000.00 9,987,000.00
Investments In Subsidiaries Joint Ventures And Associates N/A 0.00 0.00
Investments In Associates N/A 1,573,000.00 1,573,000.00
Noncurrent Receivables N/A 303,000.00 246,000.00
Current Assets N/A 7,435,000.00 7,707,000.00
Inventories N/A 185,000.00 170,000.00
Trade And Other Current Receivables N/A 3,332,000.00 1,734,000.00
Cash and cash equivalents 5,346,000.00 3,918,000.00 5,803,000.00
Equity And Liabilities N/A 25,604,000.00 25,513,000.00
Equity 11,322,000.00 11,673,000.00 10,787,000.00
Issued Capital N/A 20,360,000.00 20,360,000.00
Retained Earnings N/A -4,590,000.00 -5,476,000.00
Other Reserves N/A -4,097,000.00 -4,097,000.00
Liabilities N/A 13,931,000.00 14,726,000.00
Noncurrent Liabilities N/A 7,199,000.00 6,747,000.00
Noncurrent Payables N/A 232,000.00 210,000.00
Deferred Tax Liabilities N/A 380,000.00 331,000.00
Longterm Borrowings N/A 3,528,000.00 3,536,000.00
Current Liabilities N/A 6,732,000.00 7,979,000.00
Trade And Other Current Payables N/A 5,902,000.00 7,350,000.00
Current Tax Liabilities Current N/A 443,000.00 238,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Revenue 23,977,000.00 25,300,000.00
Profit Loss From Operating Activities 7,934,000.00 8,360,000.00
Finance Costs 302,000.00 266,000.00
Profit Loss Before Tax 7,632,000.00 8,094,000.00
Income Tax Expense Continuing Operations 2,890,000.00 3,031,000.00
Profit (loss) 4,742,000.00 5,063,000.00
Profit Loss Attributable To Owners Of Parent 4,742,000.00 5,063,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Profit (loss) N/A 4,742,000.00 5,063,000.00
Cash Flows From Used In Operations N/A 9,906,000.00 13,501,000.00
Dividends Received Classified As Operating Activities N/A 0.00 0.00
Interest Paid Classified As Operating Activities N/A 188,000.00 165,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 2,988,000.00 3,285,000.00
Cash Flows From Used In Operating Activities N/A 6,616,000.00 9,950,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 0.00 0.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 0.00 3,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 5,200,000.00 1,660,000.00
Cash Flows From Used In Investing Activities N/A -6,755,000.00 -1,657,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 3,528,000.00 0.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 426,000.00 459,000.00
Dividends Paid Classified As Financing Activities N/A 4,391,000.00 5,949,000.00
Cash Flows From Used In Financing Activities N/A -1,289,000.00 -6,408,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -1,428,000.00 1,885,000.00
Cash and cash equivalents 5,346,000.00 3,918,000.00 5,803,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

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Capital markets information

ISIN

MT0002130103

LEI

48510069AVGK9P61AL54

Sector

Information Technology

Industry Group

Software & Services

Industry

IT Services

Sub-Industry

IT Consulting & Other Services

Listed Stock Exchange

Malta Stock Exchange

Contact Investor Relations department

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