Staria Oyj’s revenue for the first quarter was up 35% compared to the same time period in 2018. This organic growth led to revenues of 4.2 million euros for the quarter. EBIT grew even faster and was at 0.4 million euros. The increased automation enables the profitability to improve faster than revenue. The company estimates revenue to grow by around 30% and reach about 17 million euros in 2019. In 2018, the revenue was 13.2 million euros with growth of more than 20%. Read more from the previously published release.
Staria’s growth engine is the international accounting service concept, ONE STOP®, which offers a new and easy way to manage accounting for multi-national growth companies through one partner. Staria has the service already for 25 countries. Staria is the only company in Europe that offers wide international accounting and ERP-system services. Staria’s ONE STOP® -concept is especially designed for international growth companies.
Staria is among the industry’s fastest growers. The accounting industry’s growth is about 10% annually.
”We have a good year going on and all business units keep on growing thanks to Staria’s excellent employees. Our efforts into international growth and automation have turned out to be the correct ones. Our customers are hungry for growth and we can work as a growth-supporting partner due to our coherent service and systems solutions,” says Juha Tommila, CEO at Staria.
For more information:
CEO, Staria Oyj
+358 40 860 9400
Chairman of the Board, Staria Oyj
+358 40 071 4457
Staria Oyj is an information system and financial services company whose mission is to enable the most efficient services and tools for its customers to use in modern business. Staria’s services include local and international information systems, financial, HR and payroll solutions, as well as specialist services and Robotic Process Automation. Staria is also the most internationally recognized NetSuite partner. Established in 2003, the company is fully owned by its employees.