IMPACT has doubled its turnover in the first quarter of the year
15.05.2025 Press release 3 min.

IMPACT has doubled its turnover in the first quarter of the year

  • In the first quarter of the year, the IMPACT group generated revenues of RON 86.9 million, an increase of 112% compared to the first quarter of last year; 

  • The IMPACT group achieved a net profit of RON 4.8 million in the first 3 months of 2025; 

  • The first quarter of 2025 was the best first quarter in the last 5 years in terms of sales: 87 units sold;

  • As of March 31, IMPACT had 95 pre-sold and reserved housing units, with a value of packages amounting to RON 66.36 million;

  • The group's debt ratio was 18% at the end of the first quarter;

  • As of March 31, 2025, the market value of net assets was RON 969 million.

Bucharest, 15th of May, 2025: IMPACT Developer & Contractor S.A. ("Impact") (stock symbol IMP), the first real estate developer listed on the Bucharest Stock Exchange, recorded group revenues of RON 86.9 million in the first quarter of 2025, an increase of 112% compared to the same period last year. The consolidated net profit of the group is RON 4.8 million, of which 2.49 million lei represents the net profit of IMPACT.

IMPACT recorded the strongest first quarter in the last five years in terms of the number of residential units sold. In the first three months of the year, the company traded 87 units, worth RON 54.4 million, a 235% increase compared to the first quarter of 2024. The significant increase in both volume and value is mainly due to sales recorded in GREENFIELD Baneasa, following the delivery of 732 new apartments from the fourth development phase. Additionally, sales in BOREAL Plus doubled in the first quarter compared to the same period last year, demonstrating high interest in the project. 

 

In LUXURIA Residence, the number of available apartments for sale was low, the compound being 98% sold.

As of March 31, IMPACT had 95 pre-sold and reserved housing units, with a value of RON 66.35 million, along with parking spaces, storage rooms, and gardens. Out of the total pre-sold apartments, 76 are located in GREENFIELD Baneasa. 

„The excellent results from the first quarter of the year confirm the strategic direction we have chosen: strengthening the group, optimizing internal processes, and a rigorous approach to future developments. The increase in sales is a natural consequence of these efforts, also supported by the delivery of new apartments in GREENFIELD Baneasa. We are preparing for the launch of projects in Bucharest and Iași, with major market impact, which will significantly contribute to the company's financial performance in the coming years.”, stated Dan Sebastian Campeanu, CEO IMPACT Developer & Contractor. 

IMPACT owns a total land portfolio of 84.1 hectares, part of which can be used for the development of 10,000 housing units in 5 distinct projects in Bucharest, Constanța, and Iasi. As of March 31, 2025, the company had building permits for an additional 1,961 units, with an estimated market value by management of 284 million euro.

The group has maintained its downward trend in the debt ratio, decreasing from 22% at the end of 2024 to 18% by March 31, 2025. The market value of the net assets of the IMPACT group at the end of the first quarter was RON 969 million, while the value adjusted to market value amounted to RON 1.2 billion.

In the first three months of the year, IMPACT continued its involvement in the community and promotion of health through sports, supporting the Sports Festival, a multi-sport event held in GREENFIELD Baneasa, aimed at all age groups. Now in its seventh edition, the event brought together over 2,000 participants.