EPRICE S.p.A. Reports Consolidated Earnings Results for the First Half Ended June 30, 2017
September 12, 2017
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ePRICE S.p.A. reported consolidated earnings results for the first half ended June 30, 2017. For the period, the company reported total revenues of EUR 91,225,000 compared to EUR 83,716,000 a year ago. Adjusted LBITDA was EUR 7,060,000 compared to EUR 4,574,000 a year ago. LBITDA was EUR 7,737,000 compared to EUR 4,849,000 a year ago. LBIT was EUR 10,730,000 compared to EUR 6,590,000 a year ago. Loss before tax from continuing operations was EUR 11,017,000 compared to EUR 7,053,000 a year ago. Net loss was EUR 10,334,000 compared to profit of EUR 8,482,000 a year ago. Net cash flow used in operations was EUR 16,001,000 compared to EUR 12,605,000 a year ago. Purchase of associates was EUR 893,000 compared to EUR 793,000 a year ago. Revenue was EUR 93,986,000 compared to EUR 86,948,000 a year ago.
EPH SpA, formerly ePRICE SpA, is an Italy-based company engaged in the online retail industry. The Company is an e-commerce operator focused primarily on Tech&Appliances in the domestic market. The E-Commerce segment operates through two websites, including www.eprice.it, which focuses on selling household and electronic appliances for houses, as well as home and family products, such as refrigerators, dishwasher machines, dryers, washing machines, microwaves, coffee machines, housewares, toys, video games, and furniture, among others. The other out of two websites, which is www.saldiprivati.com, is focused on offering clothes, articles for home and wines, among others. The Company operates globally.