In 2022, ESTO experienced substantial growth across multiple key performance indicators. The company has provided the following operational and financial information:
Gross merchandise growth increased by 74%, while the user base expanded by 32%, further establishing ESTO as a trusted provider among satisfied customers. In addition, the company forged strategic collaborations, resulting in a 27% growth in business partnerships.
ESTO’s market share and portfolio grew, with assets totaling €45M. The company’s growth trajectory remained highly profitable, with an EBITDA of €7M and a net profit of €3.8M.
The strong performance extended into Q1 2023, with a substantial year-on-year revenue growth of 45% and a parallel 45% increase in net profit compared to the previous year.
To fuel its growth plans, ESTO recently increased interest rates on Mintos to 10%. ESTO aims to attract more investors seeking lucrative opportunities.