CleanBnB returns to profit of 266 thousand euros in 2023. Revenues +59%

CleanBnB returns to profit of 266 thousand euros in 2023

(Finance) – CleanBnBa company listed on Euronext Growth Milan and active in the field of property management for the short and medium-term rental market, closed 2023 with revenues consolidated for 14.8 million euros (+59% compared to 2022), EBITDA consolidated positive for 743,633 euros (+117%), EBITDA margin on revenues improving from 3.65% in 2022 to 5.01% in 2023, Net income positive consolidated result of 266,074 euros, an improvement of 271% compared to the negative consolidated net result of 155,305 euros in 2022.
There Net financial position negative (net cash) is equal to 3.1 million euros (-17.7% compared to 3.8 million euros at the end of 2022, -56% compared to 7 million euros at the end of June 2023).

From a management point of view, there were 99,426 stays managed during 2023 (+48% compared to 2022) and there are over 2,600 managed apartments throughout Italy as of March 28 (+7% compared to approximately 2,422 at the end of 2023 and +62% compared to approximately 1,600 at the end of 2022).

“2023 was theyet another record year for CleanBnB: compared to 2022 we record revenues growing by 59%, EBITDA more than doubled, and a positive net result – comments the president Francesco Zorgno – We have fully achieved our objective: with almost one hundred thousand stays managed in a year, and a portfolio of over 2,400 properties distributed throughout the national territory, the company confirms itself once again as the largest and most widespread Italian real estate manager in the sector of apartment tourism. The CleanBnB model has now established itself as the best solution to scale the market quickly and sustainably: this is confirmed by the organic growth of our portfolio of over 1,000 properties in the last fifteen months, all managed directly and exclusively with the formula of our FULL package”.

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