(Finance) – AATechan Italian venture tech builder listed on Euronext Growth Milan, closed on 2023 with a production value of 1.76 million euros (+7.3% compared to 31 December 2022 pro-forma). L’EBITDA is equal to -0.07 million euros, an improvement compared to -0.12 million at 31 December 2022 pro-forma. The Adjusted EBITDA is equal to 104 thousand, considering the capital gain of 174 thousand included among the financial income collected through the participation in Ulixes Impact Fund. The Operating result is equal to -0.23 million euros, an improvement compared to -0.3 million euros in 2022.
“We are very satisfied with the results for the 2023 financial year which were achieved in parallel with the listing process which kept our managerial structure busy for several months – commented theAD Alessandro Andreozzi – At a core management level, we have achieved significant growth in both economic and financial terms, achieving a positive Adjusted EBITDA. 2024 has started in line with our forecasts which project us towards further growth.”
L’Net financial debt is equal to 3.69 million euros, compared to 2.59 million euros at 31 December 2022 pro-forma.
The Board of Directors has resolved a increase in participation in AionTech up to 44.4% through contribution in kind and in cash and signing of a Put&Call agreement to further increase up to 56.7% of the capital; and the increase in the shareholding in Previon up to 59.16% subject to obtaining the Lazio region Capitalization Notice.
(Photo: Scott Graham on Unsplash)