(Alliance News) - UCapital24 Spa reported that it closed 2023 with a net loss of EUR1.4 million, down 74% from one of EUR5.2 million as of Dec. 31, 2022.

Value of production was EUR2.1 million, down 12 percent from EUR2.4 million in 2022.

Ebitda in 2023 was EUR248,000, up 156% from negative EUR439,000 in 2022.

Ebit is negative EUR789,000, up 85% from the negative value of EUR5.2 million in the previous year.

The Net Financial Position shows cash of EUR290,000 from cash of EUR71,000 as of December 31, 2022.

UCapital24 Spa on Tuesday closed flat at EUR0.13 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.