Simplifhy has been included in the prestigious ranking of European startups with the highest revenue growth, compiled by Sifted, a platform providing analysis and insights on startups and innovation in Europe, taking the 116th position.
This is an important recognition, crowning a 2024 that saw our company achieve significant revenue results and a production value exceeding 2 million euros, with a net profit of 75,000 euros.
A significant milestone for an innovative startup
Simplifhy has distinguished itself in the European panorama of high-growth innovative startups thanks to significant economic performance, despite the difficulties in the hydrogen sector, characterized by high technical complexity and a period of market uncertainty.
“Being ranked 116th in the Sifted ranking of Europe’s fastest-growing startups represents the recognition of a journey made up of carefully considered strategic choices and the ability to grow robustly even in an uncertain and complex market like hydrogen,” commented our CEO Sergio Torriani. “We have demonstrated that it is possible to build a successful industrial company, with a strong design focus, capable of competing not only with startups but with the entire European market. Our positioning as a solution integrator, the selection of solid partners, and the mix of managerial, administrative, and technical skills within our team were the elements that allowed us to reach this milestone.”
We are a company that has been able to build its success on a clear value proposition: that of being a solution integrator supported by selected, solid, and reliable partners, to offer customers certified technologies and high value-added services. This positioning has allowed us to be recognized by the market as a strategic partner for the implementation of hydrogen energy and industrial projects.
The results of sustainable growth and prudent management
The financial data for the 2024 financial year confirm the solidity of our business model, based on two distinctive elements: professionalism and sustainability.
“The numbers speak for themselves: 1.9 million euros in revenue and a profitable year-end in the fourth year of life are the result of financially prudent management, particularly focused on economic equilibrium despite making significant investments in skills, know-how, and prototypes,” emphasizes Jacopo Machnitz, our Financial Manager. “We have already recovered our initial investment, ensuring operational autonomy and the capacity for sustainable growth. The challenge for 2025 is to confirm these results in a context of reduced PNRR funds, demonstrating that our growth can be structural and not dependent on public incentives.”
The result was also accompanied by a growth in our workforce, which increased from 3 to 10 employees.
Strategic partnerships and a focus on the European market
For the coming years, we have set the goal of consolidating the results achieved and strengthening our team’s skills, aware that the design nature of the business requires stability and adaptability. With this in mind, our strategy for the future involves seeking structured partnerships that allow us to access more advanced construction and design expertise, intercepting projects of a larger medium size than those addressed so far.
“The strategic partnerships we are building will allow us to access larger projects, supporting an economically solid and environmentally responsible path of expansion, promoting sustainability in every area of our commitment,” adds Machnitz.
Among our strategic priorities is geographical expansion. Having consolidated our company’s credibility in the Italian market, we want to broaden our horizons towards Europe. “Now we look to Europe with the ambition of consolidating our role among the main players in the hydrogen energy sector,” concludes Torriani.
Decarbonization as a mission
Our main goal is not simply to reduce our internal environmental impact, but to actively contribute to the decarbonization of customers’ industrial processes through the implementation of hydrogen technology.
Simplifhy is a Benefit Company, and this status represents a constitutive element of our corporate identity. In fact, every project we undertake is aimed at reducing emissions and improving the environmental sustainability of the communities in which we operate. In this sense, our company acts as a strategic enabler of the energy transition, helping industries and stakeholders undertake concrete paths toward decarbonization.
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