Penta Teknoloji achieved a consolidated revenue of TRY 6 billion in the first quarter of 2024, with a year-on-year increase of 69 percent.

Penta Teknoloji maintained its record-high financial performance of 2023 in the first three years of this month as well. The company carried its strong financial position and achievements in profitability and revenue from 2023 into 2024. Penta Teknoloji achieved a consolidated revenue of TRY 6 billion in the first three months with a year-on-year increase of 69 percent while reaching a gross profit of TRY 434.9 million with a year-on-year increase of 71 percent. Having achieved an EBITDA of TRY 258.2 million in the first quarter by a 53-percent increase, Penta Teknoloji closed the quarter with an EBITDA margin of 4.3 percent. Penta Teknoloji achieved a profit before tax of TRY 84.2 million in the same period.

Fatih Erünsal: “We are Türkiye’s leading value-added technology distributor.”

Commenting on the financial results of the first three months of 2024, Penta Teknoloji General Manager Fatih Erünsal said that the company has managed to become one of Türkiye’s most powerful and reliable brands on its 34-year-long journey and added: “Today, with business partnerships with over 40 global and domestic technology brands, our advanced operational skills, experienced teams, digital infrastructure, and services, we stand as Türkiye’s leading value-added technology distributor. In our industry, we also attach priority to enabling our business partners to grow in every step we take. As we make a difference in the industry with such services as Penta Integration, Penta Subscription Management, Penta My Warehouse,  and Penta Technology Centers, we will continue offering innovative product and solution options to meet our customers’ needs and growing steadily in terms of market size and profitability through our digitalization investments.”