Financial Results & Business Plans Go to contents 64 Staticus’ consolidated revenue grew by an and the war in Ukraine. We were able to growth and stable net profit reflect our A short impressive 32% in 2022 as compared to achieve this stability by implementing commitment to excellence, customer the previous year. This significant growth cost-saving measures, improving our satisfaction, and our ability to adapt to is a clear indication of the success of our supply chain management, and optimising changing market conditions. business strategies, the efficiency of our our production processes. Our focus introduction operations, and the trust our clients have on efficiency has allowed us to maintain The distribution of our income from markets in our services. While revenue grew, our profitability while still providing high-quality is as follows: net profit remained stable at 2.91% in services to our clients. 19% from Norway, to Corporate 2022. This compares to 2.96% in 2021. It is 31% from the United Kingdom, important to note that maintaining a stable As a unitised façade subcontractor, we take 20% from Sweden, and net profit is a commendable achievement pride in our ability to deliver exceptional 30% from Lithuania and other markets. considering the challenges faced by the work and meet our clients' needs efficiently. Finance construction industry during the pandemic We believe that our impressive revenue 2022 2021 2020 2019 2018 2017 Revenue, in thousands of EUR 80 895 61 293 60 094 72 604 51 419 41 331 Change, compared with previous year 32% 2% -17% 41% 24% -11% Net profit, in thousands of EUR 2 350 1 813 1 461 2 081 1 332 818 Net profit, % 2.91% 2.96% 2.43% 2.87% 2.59% 1.98% Market revenues 2022 2021 2020 2019 2018 2017 UK 31% 14% 21% 48% 35% 35% NO 19% 16% 60% 23% 39% 46% SE 20% 40% 18% 19% 20% 9% LT and other markets 30% 30% 1% 10% 6% 10% Total liquidity ratio* 1.7 1.5 1.5 1.1 1.1 1.1 * Current ratio = Current assets / Current liabilities U7 – Universitetsgaten | Oslo, Norway Photo © Andrius Gudelis