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Revenue
12 Months Ended
Dec. 31, 2024
Revenue [Abstract]  
REVENUE

NOTE 19 – REVENUE

 

The Company's sales are derived from sales of electronic products and services. The following is the Company’s revenue by geographical markets during the years ended December 31, 2024, 2023 and 2022:

 

   Year Ended December 31, 
   2024   2023   2022 
Spain  7,397,108   10,886,713   26,566,549 
Europe   1,598,591    1,679,395    3,609,252 
Rest of the world   420,920    537,571    970,575 
   9,416,619   13,103,679   31,146,376 

 

During the years ended December 31, 2024, 2023 and 2022, the Company recognized revenue of €9,416,619, €13,103,679 and €31,146,376, respectively, of which €306,651, €1,380,547 and €836,804 derived from related parties, respectively.

 

We consider related parties those companies that are part of Umbrella Energy Group.