(Alliance News) - CleanBnB Spa reported that it ended 2023 with a sharp increase in net profit to EUR266,074 from a loss of EUR155,305 in the previous year.

Revenues rose to EUR14.8 million from EUR9.4 million and Ebitda increased to EUR743,633 from EUR343,222, with margin on sales rising to 5.0 percent from 3.7 percent in 2022.

Net financial position shows a decline to EUR3.1 million as of December 31, 2023 from EUR7.0 million as of June 31 last year, due to the normal seasonal reduction in year-end turnover.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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