Matica Fintec closes half-year with profit at approximately EUR900,000

(Alliance News) - Matica Fintec Spa on Thursday reported a net profit of about EUR900,000 in the first half of the year.

Group sales stood at EUR11.4 million.

Ebitda is EUR2.1 million positive while Ebit is worth EUR1.6 million compared to the first half of 2022.

Net financial debt is cash positive EUR1.1 million compared to EUR1.4 million as of Dec. 31, 2022.

The parent company posted a profit of EUR800,000 from EUR1.2 million in the same period last year.

The parent company's sales closed at EUR9.5 million from EUR8.3 million as of June 30, 2022.

Ebitda amounted to EUR1.9 million from EUR2.3 million in the first half of 2022.

Net financial debt is a debt of EUR100,000 from one of EUR40,000 as of Dec. 31, 2022.

Matica Fintec is down 6.1 percent to EUR1.92 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to [e-mail]

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.