Redge Technologies

Redge Technologies experienced significant growth in 2023, with revenue reaching 16.92 million Euros, up 29.87% from the previous year.

Redge Technologies experienced significant growth in 2023, with revenue reaching 16.92 million Euros, up 29.87% from the previous year.

For Redge Technologies, 2023 was a year of intensive growth, and we are excited to highlight our achievements in numbers.

Financial operations

Reflecting on our recent financial performance in 2023, our revenue reached a new milestone, increasing to 16.92 million Euros from 13.03 million Euros in the previous year. This progression signifies an impressive growth rate of 29.87%, underscoring our company's solid market position.

Our EBITDA - an essential indicator of operational profitability and financial health - also experienced significant growth, moving from 5.01 million Euros in 2022 to 5.57 million Euros in 2023.

Expansion of team and geographic reach

Our team has grown significantly with employment increasing by 20% from 200 full-time equivalents (FTE) in 2022 to 240 FTE in 2023. Invariably, we are committed to hiring the best specialists with exceptional skills and know-how to deliver top-notch solutions and high-quality service to our clients.

We have also welcomed a new company into our group – mediaTool - and expanded our operations to the Israeli market.

Technological excellence

On the technological front, we've demonstrated our robust infrastructure's capacity by handling a content traffic peak of 2.2 Tbit/s. Moreover, our team has effectively mitigated DDoS attacks with an intense volume of 250 Gbps and 23 million packets per second, ensuring our services remained uninterrupted and secure.

Reflecting on 2023, Redge Technologies is prepared for the future, drawing strength from our accomplishments and continuous commitment to quality.

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