# Ascendia: turnover, profit and staff from the official filings

Legal entity: Ascendia S.A. · CUI 21482859 · register J2007006604403 · seat Bucharest · founded 2007 · CAEN 6210 Activități de realizare a soft-ului la comandă (software orientat client)

E-learning software (LIVRESQ, CoffeeLMS); listed on the Bucharest Stock Exchange.

Category: Education (https://saas-analytics.com/categories/edtech.md). Website: https://ascendia.ro/.

## Key figures 2025

- Turnover: 44.6 M RON (€8.8 M), +391.9% year on year
- Net result: 23.5 M RON, margin 52.7%
- Employees (average): 40, turnover per head 1.1 M RON
- 3-year compound growth: +70.0%
- Deferred revenue: 2.5 M RON, 6% of turnover (little deferred revenue)

Ascendia S.A. filed a turnover of 44.6 M RON (€8.8 M) for 2025, up 391.9% on 2024. Over five years turnover grew 46.9×, from 950 k RON in 2020. Net profit was 23.5 M RON, a margin of 52.7%. The company reported 40 employees on average, 1.1 M RON of turnover per head. Deferred revenue was only 6% of turnover, so most income is billed as it is earned, as in services or usage-based pricing.

## Every year on file

| FY | Turnover (RON) | Turnover (EUR) | YoY | Net result (RON) | Margin | Staff | Deferred revenue (RON) | of turnover | Cash (RON) | Equity (RON) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| 2025 | 44,570,769 | 8,839,197 | +391.9% | 23,476,114 | 52.7% | 40 | 2,504,271 | 6% | 6,141,025 | 29,839,426 |
| 2024 | 9,061,565 | 1,821,567 | +1.2% | 2,814,510 | 31.1% | 43 | 3,212,422 | 35% | 649,818 | 13,609,365 |
| 2023 | 8,958,255 | 1,811,029 | −1.2% | 1,297,024 | 14.5% | 50 | 3,641,025 | 41% | 1,217,843 | 10,828,348 |
| 2022 | 9,067,922 | 1,838,776 | +98.5% | 3,920,613 | 43.2% | 38 | 3,379,876 | 37% | 2,412,342 | 10,782,758 |
| 2021 | 4,567,673 | 928,313 | +380.6% | 2,251,446 | 49.3% | 21 | 3,147,790 | 69% | 611,926 | 2,629,169 |
| 2020 | 950,348 | 196,471 | −40.0% | -751,186 | −79.0% | 22 | 2,287,589 | 241% | 287,454 | 379,967 |
| 2019 | 1,583,128 | 333,627 | +69.9% | -471,108 | −29.8% | 25 | 2,700,448 | 171% | 903,177 | 1,130,567 |
| 2018 | 931,753 | 200,226 | −12.2% | 66,087 | 7.1% | 29 | 2,283,344 | 245% | 160,955 | 1,603,870 |
| 2017 | 1,061,265 | 232,321 | −43.4% | 49,206 | 4.6% | 32 | 995,041 | 94% | 338,216 | 1,508,420 |
| 2016 | 1,875,342 | 417,596 | −54.1% | 95,110 | 5.1% | 23 | 11,564 | 1% | 481,140 | 1,470,441 |
| 2015 | 4,085,831 | 919,197 | +214.1% | 1,339,964 | 32.8% | 23 | 120,843 | 3% | 1,024,513 | 1,612,034 |
| 2014 | 1,300,951 | 292,704 | +30.5% | 160,873 | 12.4% | 19 | 445,446 | 34% | 226,403 | 413,952 |
| 2013 | 996,824 | 225,577 | −29.0% | 174,262 | 17.5% | 24 | 237,501 | 24% | 63,027 | 421,190 |
| 2012 | 1,404,000 | 315,081 | +5.8% | 1,690 | 0.1% | 23 | 262,771 | 19% | 185,078 | 248,701 |
| 2011 | 1,326,738 | 313,065 | +20.1% | 6,797 | 0.5% | 20 | – | – | 255,961 | 246,988 |
| 2010 | 1,104,529 | 262,365 | −18.0% | 50,765 | 4.6% | 14 | – | – | 269,388 | 299,320 |
| 2009 | 1,347,090 | 317,912 | +127.3% | 414,088 | 30.7% | 13 | – | – | 32,929 | 415,088 |
| 2008 | 592,608 | 160,917 | – | 193,220 | 32.6% | 8 | – | – | 365,499 | 178,348 |

Source: annual financial statements published by the Romanian Ministry of Finance (data.gov.ro), trade-register data from ONRC/ANAF, EUR at the BNR annual average rate; retrieved through apifirme (https://apifirme.dev/). JSON: https://saas-analytics.com/api/v1/companies/ascendia.json. HTML: https://saas-analytics.com/companies/ascendia.

Peers: Adservio (https://saas-analytics.com/companies/adservio.md), Brio (https://saas-analytics.com/companies/brio.md), Kinderpedia (https://saas-analytics.com/companies/kinderpedia.md).

Methodology and caveats: https://saas-analytics.com/methodology.md