MolMed S.p.A. Reports Earnings Results for the Full Year Ended of December 31, 2017
MolMed S.p.A. reported earnings results for the full year ended of December 31, 2017. For the period, the company reported revenue of EUR 23,000,000 compared to EUR 19,484,000 a year ago. Total operating revenues were EUR 23,987,000 compared to EUR 22,825,000 a year ago. Operating result was negative at EUR 8,148,000 compared to EUR 13,586,000 a year ago. Pre-tax result was negative at EUR 8,497,000 compared to EUR 13,876,000 a year ago. Loss for the year was EUR 8,497,000 compared to EUR 13,876,000 a year ago. Total cash flow absorbed by operating activities was EUR 10,473,000 compared to EUR 12,179,000 a year ago. Net investment in tangible assets was EUR 1,746,000 compared to EUR 1,888,000 a year ago. Net investment in intangible assets was EUR 211,000 compared to EUR 245,000 a year ago.