Osome, a fintech platform providing business and financial management tools, has announced it achieved profitability in the fourth quarter of 2024.
CEO Victor Lysenko credited the milestone to a focus on automation, understanding customer needs, and the work of the company’s team in a LinkedIn post.
He emphasised that profitability is not the end goal but a stepping stone for further growth, enabling Osome to enhance its accounting services, making them “smarter, faster, and easier for entrepreneurs”.
In December 2024, Osome reported a 25% year-over-year increase in revenue, alongside a 60% improvement in annualised EBITDA.
Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over US$5.6 billion in value.
In May 2024, the company announced it had raised US$17 million in a Series B extension.
Featured image credit: Edited from Freepik
