MEDIA-MAKER: THE SHAREHOLDERS' MEETING APPROVES THE
2019 FINANCIAL STATEMENTS
Milan, 28 August 2020
The Shareholders' Meeting of Media-Maker S.p.A. (ticker ALKER), a company specialised in the production and distribution of Branded Content, listed on Euronext Growth, has approved today, in a remote participation mode, under the chairmanship of Mr Andrea Salice, the financial statements as at 31 December 2019, as presented by the Board of Directors, as well as the Report on Operations.
Main results as at 31 December 2019
Revenues amounted to Euro 30.6 million, +155% compared to Euro 12.0 million in 2018. Value of production amounted to Euro 34.6 million, +186% compared to 2018 (Euro 12.1 million).
EBITDA stood at Euro 1.4 million compared to Euro 0.8 million in 2018. Net Profit was Euro 0.58 million (Euro 0.53 million in 2018).
Net Financial Position stood at Euro 0.76 million (Euro 0.27 million as at 31 December 2018).Shareholders' Equity was Euro 4.5 million (Euro 0.6 million as at 31 December 2018).
Allocation of the net profit for the year
The Shareholders' Meeting has resolved to allocate the profit of Euro 577,540 to the legal reserve until reaching the limits set forth by the law, and the remaining amount to the retained earnings reserve.
The Shareholders' Meeting has also granted a mandate to the legal representative of the Company for the fulfilment of all mandatory requirements as regards the publication of the financial statements at the Companies' Register. The Documentation related to the Shareholders' Meeting will be made available to the public at the registered office and for consultation in the section Investor Relations of the website www.mmaker.it, within the timeframe set forth by the law.
This communication is available in the section Investor Relations of the website www.mmaker.itand www.1info.it.
Media-Maker is a company specialised in the production and distribution of multimedia content and audio-visual productions. Thanks to its expertise and resources, it develops cross-media projects for all types of customers. With an effective business model and the capacity of operating with the media barter, the company also manages a portfolio of advertising spaces on different types of channels.
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