(Alliance News) - Zest Spa has reviewed and approved the financial results for the period ended March 31, closing the period with revenues and other income up by EUR 1.0 million to almost EUR 2.3 million compared to EUR 1.2 million as of March 31, 2024, for the group attributable to Digital Magics Spa alone.

The total value of the investment portfolio increased slightly by EUR 370,000 to EUR 54.6 million compared to EUR 54.2 million as of December 31, 2024.

The gross operating margin for the first quarter of 2025 was negative by EUR 250,000 compared to negative EUR 610,000 as of March 31, 2024, relating solely to the Digital Magics group.

Net financial debt amounted to EUR 6.24 million as of March 31, compared to EUR 6.9 million as of December 31, 2024.

By Maurizio Carta, Alliance News reporter

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