(Tiper Stock Exchange) – UCapital24an economic and financial social network listed on Euronext Growth Milan, closed on 2022 with a production value consolidated equal to 2.356 million euros (+139% compared to 31 December 2021), a EBITDA consolidated equal to -558 thousand euros (-6% compared to -527 thousand in 2021) and a net loss equal to -754 thousand euros (-43% compared to -1.32 million the previous year).
The company explains that the increase in turnover was possible thanks to the launch of the UCapital intelligence platform and the activity carried out by the commercial network (incorporated through the full acquisition of swisstech Consulting).
There Net Financial Position consolidated as at 31 December 2022 shows cash of 77 thousand euros, recording an improvement of 94 thousand compared to the figure as at 31 December 2021 (and a deterioration of 10 thousand compared to the figure as at 30 June 2022), mainly attributable to the decrease in payables to the banking system and greater liquidity on hand.
The Board of Directors has approved the 2023-2025 Development Plan which presents the following target results: total revenues expected for 2025 in a range between 5 and 6 million euros; EBITDA Margin expected for 2025 in a range between 33% and 38%; Net Financial Position at 2025 – cash – between 1.5 and 2 million euro.