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Transparency Report 2025

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Transparency Report 2025

Table of contents:

DATA Tables 1 2 3 4 5 6 7

Resilience beyond borders

A nation without a country

The year of the new horizons

Highlights, achievements and failures

Our ESG efforts progress & impact

2025: No borders, no redactions

Resilience beyond borders

The reality of 2025 was a global wake-up call. Old alliances started to fracture, nationalism stopped whispering and began to dominate policy, and tariffs became economic weapons instead of safeguards. Governments everywhere began talking about resilience and self-reliance as if they’d just discovered the concept.

While institutions hesitated, a different kind of pressure was building from the ground up. From Nepal to Bulgaria, Gen Z wasn’t waiting for permission—they were organizing, protesting, and openly challenging the mismanagement of public funds and budgets. There’s a global pattern of youth-driven demands for transparency, accountability, and economic fairness. These developments highlight the critical importance of operating with openness, credibility, and ethical governance to ensure long-term viability.

For WorkNomads, the Transparency Report is and always has been a deliberate commitment to clear communication, responsible practices and accountability to the communities we serve. WorkNomads operates as a decentralized model designed for a world where stability doesn’t come from borders or bureaucracy, but from adaptability, autonomy, and distributed strength.

In this Transparency Report, unlike the Epstein files, you will find the unfiltered truth about our activities in the past year.

Our Transparency Report is not a simple disclosure exercise, it’s our commitment to engage with a global mobile generation that expects institutions, companies and relevant community stakeholders – wherever they operate – to be legible, responsible and open to scrutiny.

A nation without a country

2

In 2025, the world still operates on an antiquated bug: the belief that your birthplace should dictate your opportunity. We look at the Olympics and see the truth - athletes move, train, and compete wherever the environment is best for their success. Why should “mere mortals” be any different?

At WorkNomads, we don’t promote remote work so we can wear sweatpants (though, let’s be honest, it’s a perk). We promote it as a tool for equity. We are building a nation without a country because we believe a colleague in the Philippines could have as much in common with a teammate in Belgium, if not more, than with their next-door neighbour.

Let’s not forget though the world where we live in. 2025 was a year of geopolitical friction. We saw brilliant colleagues blocked by visa restrictions simply because of the passport they hold. We had (and still have) people who lived and work from active war and conflict regions. It’s frustrating, it’s unfair, and it’s why we ex-

ist. We provide the remote infrastructure and the WN LAB Hotel as a safe haven - a home base for those navigating the messy transition between borders. Our goal remains unchanged: When we reach 10,000 people from 200+ countries, we’re taking our case to the United Nations. We want a WorkNomads passport that recognizes talent over territory.

This level of freedom isn’t a free pass; it’s a responsibility. To live life your way, you have to be radically honest with yourself. We’ve learned that the hardest person to manage is often the one in the mirror. We are a community of recovering perfectionists and “neurotic” high-performers, using our different perspectives to challenge our own flaws. Working and living with people who come from different backgrounds and having context that is not the same as yours makes you realise that your opinion and point of view not always are the only one or the right one. It gives you a perspective.

Our 2025 core baseline

Curiosity

Chasing the unfamiliar until it feels like home.

Freedom

The autonomy to live your way, and the grit to be held accountable for it.

Social Mobility

Ensuring your background never defines your destination.

Diversity

Where belonging is not a benefit, but the baseline.

Trust

The only currency that matters in a remote world.

We aren’t just “walking the talk” - we’re building the road as we go. While others are busy building walls, we’re the wedge in the door.

Olympics Week 2025

Imagine a week where the schedule is so tight it feels like a pressure cooker, but the air is thick with the kind of collective genius you can’t manufacture in a Teams meeting room. That was our 2025 WN Olympic Games at the WN LAB Hotel Sofia. This year’s games were a masterclass in team spirit - gathering humans from four continents for a week of workshops and friendly competition.

Between workshops and high-stakes strategy, we put our physical resilience to the test: we’ve counted (with the help of ChatGPT) that our ten teams, each ten people strong, crushed a collective around 3,000 squats, and together, we logged 2+ hours of total plank time across the groups.

If you want to know if we have the core strength to handle a shifting global economy, there’s your answer. Did we achieve a massive boost in team spirit? Yes. Was the schedule brutal? Absolutely. Our WN Olympic PitchTank wasn’t just a fun exercise - it birthed a new era of “Produced by WorkNomads” tools that are actually changing how things work. We even conquered our annual mountain hike, proving that the WorkNomads nation can summit anything - even with a hangover.

The year of the new horizons

This was our first full year pivoting from a staffing model to a service-led one. Radical candor: across markets and industries, it has been a challenging period. Thanks to the teams we worked with, it has also been a year of steady delivery, growth, and tangible results, including 40% revenue growth. Three years in a row of consistent revenue rise. We’re not done.

1. High-precision industrial cutting system

We have built and delivered a synchronized cutting system for continuous polymer production in an ATEX Zone 21 environment in Egypt, increasing capacity availability by 35% and production output by 10%.

2. AI transformation in nutraceuticals and supplements

We partnered with a neutraceutical manufacturer to introduce targeted AI solutions across pricing, planning and strategic decision-making. Automated pricing accelerated the sales cycle, delivering a 10% increase in closed deals and a 2% margin improvement. Machine learning-driven planning reduced overtime and stabilised production flow, adding another 2% margin gain. AI-supported forecasting improved revenue visibility and strategic decision quality, contributing a further 2% margin increase across the board.

3. Data analytics driving commercial impact

Our team designed and implemented a data and analytics solution to support sales prioritisation, forecasting, and decision-making. The project delivered an 86% increase in sales performance, a 26% increase in merchant activation during the pilot phase, and a one-month reduction in ramp-up time. Structured follow-up processes achieved sign ratios of 50 to 65%, with 600 to 700 contracts tracked end-toend per month.

4. Industrial automation and digital operations project

Our experts supported an industrial production environment through automation, data integration, and digital system improvements to reduce manual intervention and improve operational performance.

Infrastructure Hardware

Sofware Data

These examples reflect a broader set of projects delivered throughout the year, all focused on turning complex challenges into systems that work in practice.

In 2025, we worked with teams operating in industrial, R&D, and data-driven environments. One thing became clear across every engagement: partial solutions create partial results. When a challenge runs deep, you need to address the full picture. That is the thinking behind the Industrial Intelligence Square: the rare intersection of Infrastructure, Hardware, Software, and Data that very few competitors can replicate at our speed and price point. From the physical foundations of a facility to the AI agents running on the production floor, designed and delivered by one partner.

We are launching our first AI product, one that sits at the intersection of neuroscience and intelligent interaction. Alongside that, we are building agentic AI solutions for industrial and B2B sales environments, purpose-built to handle complex workflows at scale. Finally, you will see the WorkNomads team sharing insights and presenting at industry events across Europe and the Middle East in the year ahead, and we hope to meet many of you there. We equip our community to outpace the world, not just navigate it.

Amid ICE agents, shifting borders, and check points, we don’t hand out jobs - we are forming a community that lets our people stand tall when everything else tries to push them down.

Highlights, achievements & failures

196 employees

45 nationalities

5.0% mean gender pay gap

73.57% remote work

123SQM to live and work

71.06% Staff turnover

Our ESG efforts progress & impact

Environmental

We measure our footprint because you can’t fix what you don’t track. We’re obsessed with the data behind WN LAB’s impact because we’d rather give you the raw truth than a polished eco-promise. We’re keeping our footprint small so our mission can stay big.

SDG Goal 11: Sustainable cities and communities

Coliving isn’t a trendy label we throw around like confetti. The strange part? The brands built around it are collapsing precisely when the world needs it most. Reality is demanding a redesign of the way we live. Between rising rents, the growth of solo living, and teams ditching fixed offices, the good old “live alone, commute, repeat” model is starting to feel… like it missed a software update.

The housing market failing is only the symptom. The real opportunity is bigger: coliving as a tool for freedom of movement, and a space where people discover themselves by living in community with others from all around the world.

We built that space for remote workers and global teams. We skipped the awkward dorm-style small talk and replaced it with a professional, high-vibe environment where you actually want to know your neighbour.

In 2025, our coliving made up 33% of the total occupancy - a beautiful mix of our own team members, clients visits and digital nomads who discovered that “office with a view” hits differently when the view is stunning. This year we saw more remote teams hitting pause on back-to-back calls to spend actual time together through offsites, workations, and a bit of real-world collaboration… and occasionally remembering what their colleagues look like in real life.

Part of our ecosystem are our clients who choose to spend their time with us, having the opportunity to work together with our teams in a close manner and getting to each other better.

Let’s be honest - nobody books a beautiful place just to leave a few days later. The numbers back this up completely: only 12.22% of our long-stay guests checked out after exactly 30 days. The rest? They simply couldn’t leave. 21% stayed between 31 and 60 days, 25.56% between 61 and 90 days, and a whopping 38.89% basically moved in for 90+ days.

Long-stay period The % of our total colivers who stayed with us

Turns out, once people settle in, “just for a few weeks” quickly turns into “maybe I should stay a bit longer”… and then a bit longer again. And it doesn’t stop there.

14.92% of our guests came back at least twice in 2025, which either means we’re doing something very right… or they left something behind they can’t live without.

SDG Goal 12: Responsible production and consumption

We prioritize intentional resource use - taking only what we need. In 2025, we proved that scaling a business doesn’t have to mean scaling our waste.

We are proud of our consistent downward trend in energy use. This year, we hit 0.53 MWh per capita, a 15% decrease from 2024. Beyond lighting updates in 2024, we invested in a full retrofit of our AC systems (internal and external) and a cleaning of our whole HVAC systems in 2025.

While our efficiency is improving though, rising demand shows we still have work to do on heating and water usage. We aren’t at the finish line yet.

Scaling usually means more trash. We refused that narrative. Our waste per capita dropped from 247L to 222L/month - not exactly for the heroic reasons you might expect. Part of it came down to fixing some very human habits (yes, we’re looking at you, “I’ll recycle later” people), and part of it was a simple but effective shift in our breakfast juice system. That said, progress is progress. We continue to push proper separation of glass, paper, and plastic, and keep recycling less of a “task” and more of a default setting.

Social ESG Efforts

We have zero interest in window-dressing. Community isn’t curated, it’s built in real time, with real people, and the occasional logistical failure that somehow becomes a story.

In 2025, that meant a community trip to Bansko, where enthusiasm was in abundant supply and skiing ability was… also present, technically. We followed it up with a visit to the Surva festival in Pernik, and a Plovdiv escape for anyone in need of a change of scenery.

But community at WorkNomads isn’t only what happens

UN SDG Goal 3: Good health and well-being

onsite. It’s 100 people across four continents showing up to the WN Olympic Games for a week of workshops, strategy, and questionable plank times. It’s digital town halls and online onboarding designed so no one joins feeling like a stranger. Not everything went perfectly. That’s kind of the point.

Feeling well is not a formula. Each person carries a story we do not see, and every mind and body responds to life differently. Yet one thing remains universal: the need for time to rest and recover. Creating space for that has become difficult. Headlines move faster than our attention spans, new technologies appear daily and notifications rarely stop. The noise is so constant that moments of silence are harder to find. The 2025 data offer several important signals. No-show rates and sick leave fell to 0.02% and 1.74%, the lowest levels in four years. While numbers never tell the full story, the trend suggests stronger engagement and a working rhythm allowing more space for recovery. Leave patterns remained stable. Paid leave reached 6.89%, while unpaid leave rose slightly to 0.57%, partly linked to international relocations where employees may lack access to local healthcare systems. Encouragingly, unused paid leave declined to 17.58%, down from 25% in 2023 and 36% in 2022, indicating more employees are taking time to rest.

Our 71% turnover has a straightforward explanation. Two of our largest clients opened Bulgarian offices in 2025. The teams we had built and managed were transferred across to support that move. WorkNomads helped establish those local operations and de-risked their entry into the Bulgarian market. That is what the churn reflects. Our housing and sales teams also saw high turnover through the year. We stopped the bleeding. And the numbers tell the rest of the story: revenue in both departments increased, which is the clearest signal that the hard part is behind us.

SDG Goal 5: Gender equality

Who

runs the world? Girls… but not just yet.

Women remain underrepresented, making up 34.4% of the workforce in 2025. The good news? That’s a notable improvement from 26.7% in 2024an increase of nearly 8 percentage points. Progress might not be chart-topping yet, but the trajectory is definitely climbing. Stop the track, let me state facts. Well, okay. Here are some.

Salary transparency BGN/EUR

Average hourly pay for men: 29.6 BGN / 15,24 EUR

Average salary for women: 28.3 BGN / 14,46 EUR

Average salary for the company: 29.3 BGN / 14,98 EUR

Women remain overrepresented in the lower pay quartiles and underrepresented at the top of the pay distribution.

In short, women are still more likely to appear at the beginning of the salary ladder than at the top of it.

But diva is a female version of a hustler, and the numbers suggest that hustle is slowly paying off. Compared to previous years, there is gradual movement toward higher pay quartiles. Female representation: Q3 increased from 22.9% in 2024 to 27.9% in 2025 and in Q4 increased from 16.4% to 24.1% It’s a man’s world and the data still echoes that sentiment. Women remain a minority in the highest pay segment at WN. Still, the trend line suggests slow but steady progress toward a more balanced representation at higher compensation levels. Now, shifting the playlist to the less cheerful tracks. The mean gender pay gap stands at 5.0%, meaning that men earn more on average across the company. When looking at

total annual income, the gap widens to 8.6%, indicating that overall earnings differences remain more pronounced which is even higher than the structural pay gap.

But here comes the sun and the data reveals another story. The median pay gap dropped from 8.11% in 2024 to 0% in 2025, suggesting that pay differences are not widespread at the individual role level and are more likely driven by workforce composition and the distribution of roles across pay bands rather than unequal pay for equal work.

By December, the income pay gap narrows to 4.8%, indicating that part of the annual difference reflects the timing of payments and workforce dynamics rather than fixed salary disparities alone.

And what about 2026?

The rest is still unwritten.

Hiring based on a zip code is a great way to miss out on genius.

UN SDG Goal: Decent work and economic growth

At WorkNomads, we don’t just “value diversity” - we live it, mostly because hiring based on a zip code is a great way to miss out on genius. In 2025, we’ve grown to 198 worknomads representing 45 different nationalities. We represent more nations than the EU or NATO, which in times of volatility makes us a valuable ally. Joke aside, that’s a 60% jump in global perspectives in just one year. We aren’t building a company; we’re building a nation without a country.

We’ve pushed our fully remote roles to 73.57%, up from 66% last year. We give people the freedom to shape their own futures, because we trust adults to do their jobs without a babysitter.

However, we noticed a funny trend: even when we tell people they can work from everywhere, they keep coming back to the WN LAB Hotel. Our 33% coliving occupancy isn’t just random travelers; it’s our own team and returning nomads using the hotel as a “touch-and-go” hub. It turns out, even the most hardcore introverts need a home base. We even allow them to stay for a month for free during our WN Olympics to make sure they actually remember what their colleagues look like in 3D, but also to experience the culture of Bulgaria and to enjoy the perks of being part of a community.

We’re expanding our reach, particularly in Asia, which tripled since 2023. We’re still “very European” (83%), but we have our eyes on other continents as well. We’re playing the long game.

We

span more nations than the EU or NATO, and we act as a safety net for our communityconnecting people, resources, and opportunities when the world gets unpredictable.

UN SDG Goal: Reduce inequality

We are committed to building a workforce where opportunity is not defined by age, even if some still remember life before Wi-Fi. For a while, Millennials were the youngest in the room. Now they are leading it. Somewhere between coffee, deadlines and growing responsibility, they have become the largest share of the workforce. The average age of the WorkNomad employee is 33. Gen Z is no longer just entering but shaping how work happens. Fast, direct and quick to scroll, even quicker to question, they remain a strong presence this year. The shift is clear. Different generations, backgrounds and perspectives, whether you prefer calls, chats or voice notes, all working together.

General

2025: No borders, no redactions

On the scales of equity, we are finally moving the needle. Radical candor means admitting we aren’t at the finish line, but our refusal to play by the “old world” rules is paying off. By smashing our median pay gap to 0% and pushing female representation in our highest pay quartiles to 24.1%, we are proving that fair pay isn’t a corporate “favor” - it’s a baseline. Our work there continues, but the trajectory is set.

We are doubling down on the belief that geography is not a skill set. In a world of rising walls and visa denials, our a nation without a country has surged to 198 employees strong, representing 45 different nationalities. We have separate talent from the map, with 73.57% of our roles now fully remote.

We promised transparency, so here is the unfiltered reality of our 2025. This was the year the world began to look like a schoolyard dominated by bullies. While others tried to dictate the game, we built the playbook and invited our people to write it with us. And through all of it, the WN LAB Hotel held its ground as the physical home of our nation without a country. The place where the work happens, the community is real, and the only border that exists is the one you left behind to get there.

2025 is a wrap. 2026 is an open horizon.

Let’s build.

DATA Tables

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