Despite the large costs the company has been making since the beginning of the year and the large accounting loss for the first six months of 2018, cDots reported a three-fold higher revenue than last year.
With the revenue growth – despite the big spending on seminars, exhibitions and business forums abroad – it is expected that in the next three months the company will start making profit. And then confidently finish the year in a very good financial position.
“The expected turnover for this year, only from services, will be about 1 million. This target is achievable, but we have higher hopes. We hope that the operating profit will rise significantly as well!”, said the manager of cDots Philip Detchev.