Business
Posted: 2 years ago

BDO Georgia Summarizes Financial Results of 2020: Company's Revenue Grows

Audit company BDO Georgia summarizes the financial results of 2020. According to the company, in 2020 they received 19.5 million GEL in revenue. 30% of revenues were in the direction of audit and assurance services, and 28% in the direction of digital transformation services.

In 2018, the total revenue of the company was 15.9 million GEL, and in 2019 it was 18.08 million GEL. Despite the negative impact of the pandemic, the company’s revenue grew by 7.6% in 2020.

"The unusual reality we have been in since March 2020 has been a great challenge for the business sector as a whole. We are once again convinced of the importance of a clearly defined mission and values ​​for the organization and the team. We are glad that we were able to share our knowledge and experience as much as possible with the clients and the society as a whole in order to succeed in the new reality, because we had to go through a similar path while maneuvering through difficulties. ”- Zurab Lalazashvili, Managing Partner.

The company was ranked 4th in the country last year with 5.7 million GEL in revenue from auditing activities. The company's revenues have also increased in this particular direction this year.