RedFish LongTerm Capital S.p.A.

RFLTC

IT0005549354

Investment Holding Companies

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
1.41 ^EUR	0.00%		+2.92%	+8.46%

Apr. 26	European futures up; focus on U.S. PCE	AN
Apr. 25	Listings contrasted; BPER Bank tops on Mib.	AN

RedFish LongTerm Capital closes 2023 with loss; revenue jumps

March 29, 2024 at 04:40 am EDT

(Alliance News) - RedFish LongTerm Capital Spa reported that it closed 2023 with a loss of EUR1.1 million, which compares with a profit of EUR7.1 million in the previous year.

Production value rose to EUR21.0 million from EUR80,000 a year earlier, and revenues jumped to EUR18.8 million from EUR80,000 in 2022.

Ebitda increased to EUR1.5 million from the previous year's negative figure of EUR452,000.

The company ended the year with net debt of EUR6.1 million, which compares with net cash of EUR822,000 as of June 30, 2023, and net cash of EUR9.2 million as of Dec. 31, 2022.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about RedFish LongTerm Capital S.p.A.

European futures up; focus on U.S. PCE	Apr. 26	AN
Listings contrasted; BPER Bank tops on Mib.	Apr. 25	AN
RedFish LongTerm Capital, first quarter revenues soar	Apr. 24	AN
RedFish LongTerm Capital purchases shares for more than EUR17,000	Apr. 19	AN
RedFish LongTerm Capital purchases 12,000 of its own ordinary shares	Apr. 05	AN
RedFish LongTerm Capital closes 2023 with loss; revenue jumps	Mar. 29	AN
Aucap, RedFish received commitments and subscriptions for EUR10 million	Mar. 19	AN
RedFish LongTerm Capital takes over 16,000 of its own ordinary shares	Mar. 18	AN
RedFish LongTerm Capital buys 17,000 of its own ordinary shares	Mar. 11	AN
RedFish LongTerm Capital finalized acquisition of 10 percent of Polieco	Mar. 07	AN
Part of RedFish LongTerm's aucap subscribed for nearly 50 percent	Mar. 05	AN
RedFish LongTerm Capital purchases 21,000 of its own ordinary shares	Mar. 04	AN
RedFish LongTerm Capital purchases 19,000 of its own ordinary shares	Feb. 23	AN
RedFish LongTerm Capital purchases 16,000 of its own ordinary shares	Feb. 19	AN
RedFish, subsidiary finalizes acquisition of 75 percent of Six Italia	Feb. 16	AN
Stock markets in green; Tod's bullish after takeover bid	Feb. 12	AN
Futures up slightly; Asian closed	Feb. 12	AN
Milan maglia rosa; accounts push Iveco up on Mib.	Feb. 09	AN
Board of RedFish resolves for aucap of approximately EUR15 million	Feb. 09	AN
RedFish LongTerm Capital S.p.A. commences an Equity Buyback Plan for 3,825,157.2 shares, representing 20% of its issued share capital, under the authorization approved on January 18, 2024.	Feb. 08	CI
RedFish LongTerm Capital S.p.A. announced that it expects to receive ?14.9 million in funding	Feb. 08	CI
Industrie Polieco - M.P.B. S.r.l. announced that it has received ?20 million in funding from RedFish LongTerm Capital S.p.A.	Feb. 06	CI
RedFish, Paolillo appointed to board of directors of investee PureLabs	Jan. 31	AN
RedFish and Movinter sign agreement to acquire 75 percent stake in Six Italia	Dec. 07	AN
Indices underwhelmed; Iveco tops on Mib.	Nov. 28	AN

Chart RedFish LongTerm Capital S.p.A.

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Redfish LongTerm Capital SpA (abbreviated as RFLTC) is an Italy-based holding company of industrial investments. The Company is specialized in the acquisition of family-run Italian SMEs (Small and Medium Enterprises), through a long-term horizon, by providing assistance and consulting services, by sharing professional skills and entrepreneurial strategies aimed at increasing their future value. The Firm has three business segments. The Purchase of Minority or Majority Stakes in Small and Medium-Sized Enterprises segment is involved in acquisitions with a long-term horizon by structuring the operations in the form of minorities or in alternative of majority operations (also in Club Deal where RFLTC is the primary partner and expresses the governance). The Advisory unit is engaged in supporting its subsidiaries in all financial aspects. The segment Strategic Support offers assistance to the subsidiaries on strategic decisions and on industrial plans.

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Investment Holding Companies

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.41 EUR

Average target price

2.53 EUR

Spread / Average Target

+79.43%

Consensus

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