(Alliance News) - The board of Deodato Spa over the weekend announced the draft consolidated financial statements as of December 31, 2023, which closed with a net profit of EUR5,000, compared to the FY 2022 figure of EUR1.1m.

Revenue from sales and services as of December 31, 2023 was EUR10.4m, up 10% from the December 31, 2022 figure of EUR9.4m.

Ebitda was EUR530,000 compared to EUR1.9 million for the year ended December 31, 2022.

Ebitda as of December 31, 2023 was EUR139,000 compared to the December 31, 2022 figure of EUR1.7 million and was affected by depreciation and amortization for the year of EUR391,000.

Net financial debt as of December 31, 2023 was EUR1.5 million. As of December 31, 2022, the figure was EUR882,000.

Deodato closed Friday's session in the red by 2.0 percent to EUR0.39 per share

By Maurizio Carta, Alliance News reporter

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