MakoLab confirms positive results for 2020 and Q1 2021
In a letter which went out to shareholders along with the report, Wojciech Zieliński, President of the MakoLab S.A. Management Board wrote that:
The summary of Q1 2021 also brought positive news. MakoLab achieved revenues of PLN 12 million, 956 thousand, marking a 5% growth in comparison with the analogical period last year. The beginning of the year saw the launch of several major projects for clients in the publishing and financial sectors. Taken alongside the stable situation in the sphere of software creation for the automotive industry, this extends the company’s portfolio of services.
Early 2021 also saw positive information in terms of R&D. MakoLab received a very high score for its application to participate in the ONTOCHAIN project under the European Commission’s Next Generation Internet initiative, which aims to utilise Blockchain technology. MakoLab’s part in the project is rooted in the use of the company’s own, original solution, GraphChain. Being accepted to participate is confirmation of MakoLab’s position as an expert in the sphere of innovative uses of Blockchain and creates attractive prospects for becoming involved in commercial undertakings.
Another important event which occurred in Q1 2021 was the operational start of MakoLab Consulting Sp. z o.o.’s activities.