The consolidated revenue ofAS Bercman Technologies(hereinafter "Bercman") for the first quarter of 2025 was375,094 euros,showing an8% increasecompared to the same period last year. The sales revenue for Q1 2024 was 346,564 euros.
Mart Suurkask, CEO of Bercman: "The year started with moderate growth compared to the previous year, supporting the achievement of this year's sales target as outlined in the forecast published in March. We are seeing generally stable, and in some sectors increasing, interest in both development services and our proprietary products. The ongoing digitalisation and focus on energy-efficient solutions in the technology sector create good opportunities to apply the group's competencies."
In addition to serving Estonian clients, development serviceswere exported to Sweden, Finland, Singapore, and Switzerland in the first quarter. The beginning of the year in the development services segment was characterised by continued focus on the defence sector and electric vehicle charger development.
In the proprietary products segment, smart pedestrian crosswalk systems were installed in the Croatian cities of Semeljici and Benkovac. Together with Croatian distributor A1 Hrvatska, a tender was won to install a pedestrian safety system in the city of Novi Vinodolski.
Development of DC fast chargers in the 30-300 kW range continued, including wall-mounted and mobile solutions. At this stage of product development, the focus is on the advancement of different device types, testing, and improving production processes to meet the evolving needs of the market.
To introduce the company's development services and stay informed about industry needs and innovations, we participated in the sTARTUp Day and DefenceTech Meetup events in the first quarter. Participation also continued in workshops of the Top Innovators programme organised by the Estonian Business and Innovation Agency.
Bercman, founded in 2016, is a technology company listed on Nasdaq First North, specialising in development services, the creation of proprietary products, and the provision of comprehensive technology systems. The Bercman consolidation group comprises the parent companyAS Bercman Technologies and its subsidiaries,Bercman Energy OÜandKrakul OÜ.
Further information:
Mart Suurkask
AS Bercman Technologies
Member of the Board
+372 5340 2902
mart.suurkask@bercman.com