(CercleFinance.com) – The Group recorded a nearly five-fold increase in turnover between the first half of 2021 (52 K) and the second half of 2021 (249 K).
The first elements of 2022 (200 K of sales over the first three months of the current financial year) are part of this trend of accelerating growth.
Management anticipates the continuation of this momentum with the objective of multiplying revenues by 5 in 2022 (1.5 ME, i.e. five times 2021 sales).
“In the first quarter of the 2022 financial year, the group benefited from the advertising and technological efforts deployed in 2021 and relied more on its automated and digital solutions to absorb the increase in activity” indicates management.
Recurring monthly operating costs in March 2022 came to nearly €0.6 million, i.e. 46% less than the average level observed in 2021.
“Les Agences de Papa aims to capitalize on the volumes handled (signature of 2,830 mandates in the second half of 2021) by developing a range of related services via partnership agreements with specialized players,” adds the group.