Lleida.net Secures Major Contracts with Colombian Authorities
Lleida.net Expands Its Services in Colombia
Lleida.net, a prominent technological services provider, has successfully signed two new contracts with the Colombian government, valued at a remarkable 665,000 euros. These contracts signify a notable advancement for the company as it continues to solidify its presence in South America, particularly through its Colombian subsidiary, established in 2018.
Details of the Contracts
The contracts have already taken effect and are associated with Lleida.net's innovative Software as a Service (SaaS) offerings, operating under the Lleida.net PKI brand. This brand represents a significant evolution of the Valencian company Indenova, which Lleida.net acquired in 2021, enhancing its capabilities in the digital space.
Ministry of Finance Agreement
The first contract, valued at 443,000 euros, is with the Colombian Ministry of Finance and Public Credit. This agreement is structured to last for one year, with provisions for renewal, reflecting an enduring partnership in service of the government’s digital infrastructure.
Superintendencia de Vigilancia y Seguridad Privada Agreement
The second contract is with the Superintendencia de Vigilancia y Seguridad Privada, the regulatory body overseeing Colombia’s private security sector. This contract has a financial value of 222,000 euros and is also valid for one year, with the option for renewal.
Innovative Solutions Offered
Lleida.net PKI provides advanced SaaS solutions that encompass the issuance and validation of digital identities and digital certification. Their offering also includes process automation capabilities using Business Process Management (BPM) technology. This comprehensive suite of services positions Lleida.net as a leader in facilitating digital transformation.
Company's Growth and Success in Colombia
With operations established in Colombia since 2014, Lleida.net boasts a robust portfolio that includes over 200 clients in the region. Notably, it counts Bancolombia among its clients, further demonstrating its influence and commitment to the Colombian market.
Financial Performance
As of the end of September, Lleida.net reported cumulative sales amounting to €13.95 million through 2024, marking a 12% increase from the previous year. Furthermore, the company has achieved an impressive cumulative EBITDA of 2.21 million euros, showcasing a staggering 1322% growth compared to the previous year's figures.
Pioneering Innovations and Industry Leadership
Founded in 1995, Lleida.net stands out with over 300 patents secured across 60 countries, underscoring its commitment to innovation in the fields of registered electronic notification, contracting, and signature. This extensive intellectual property portfolio reinforces the company’s position as a leader in its industry.
Frequently Asked Questions
What are the details of the contracts signed by Lleida.net?
Lleida.net signed two contracts with the Colombian government worth a combined total of 665,000 euros, focusing on SaaS solutions.
Which government bodies are involved in the contracts?
The contracts are signed with the Colombian Ministry of Finance and the Superintendencia de Vigilancia y Seguridad Privada, enhancing digital services in their respective sectors.
How does Lleida.net contribute to Colombia's digital transformation?
Through its SaaS offerings, Lleida.net provides digital identity management, digital certification, and process automation services, fostering modernization.
What is the company's financial performance in Colombia?
Lleida.net reported cumulative sales of €13.95 million through 2024, with a significant 12% growth year-over-year.
How is Lleida.net recognized in the industry?
Lleida.net is recognized as a leader in registered electronic notification and digital contracting, holding over 300 patents for its innovations.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.