MOSCOW, April 9. /TASS/. The revenue of information security company Positive Technologies under IFRS grew by 61% in 2023 and reached 22.2 bln rubles ($240.9 mln), the company reported.

More than 90% of all revenue came from licenses for proprietary solutions, which ensures high business margins, the company noted.

The NIC indicator - net profit excluding capitalized expenses - increased by 76% to 8.7 bln rubles ($94.65 mln). EBITDA increased by 59% year-on-year and amounted to 10.8 bln rubles ($117.5 mln).

The capitalization of Positive Technologies on the Moscow Exchange in 2023 increased by 59% to 133 bln rubles ($1.45 bln), while stock prices in January-March 2024 rose by 40%.