Devac
Savvakis Building, Athalassas Ave 91-Office 201, Strovolos 2024, Cyprus
Strovolos, Nicosia District, Cyprus
Address
City: Strovolos
State: Nicosia District
Postal Code: 2024
Country: Cyprus
Business facts
Estimated annual revenue~€42.7K
Estimated employees~3
Estimated wage bill~€42.6K
In business since2019-04-09
Estimate based on strong signals
Contacts
About
Devac is located in Strovolos, Nicosia District, and was founded in 2019-04-09. This business is working in the following industry: Software Company.
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2024, +7.1%
Revenue trend (modeled)
~€28.1K2019
~€26.9K2020
~€31.2K2021
~€36.3K2022
~€39.8K2023
~€42.7K2024
Modeled from category averages for the region+8.7%/yr since 201980% confidence band: ±54%
Property
Lot size3,822 m²
On this lotshared with 6 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Nicosia District | 292 | ~€35.4M | ~€121.1K | ~€79.8K | 5.0★ | 0.5× |
| Software Company — Cyprus | 737 | ~€78.5M | ~€106.6K | ~€60.4K | 5.0★ | 0.7× |
Category revenue trend2024: +7.1%2023: +9.1%2022: +15.1%2021: +15.0%Modeled from business-level estimates
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 532 | ~€182.4M | ~€342.9K | ~€46.6K | 1,614 | ~€32.3M | 0.9× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 123 | ~€45.4M | ~€369.2K | — | 366 | — | — |
Estimate