Creatives Group reduces loss in the first half of the year with revenues +35%

Creatives Group reduces loss in the first half of the

(Finance) – Creactives Group closes the first half of the 2023/24 financial year with a consolidated net result negative (-879 thousand euros)compared to -1.2 million euros in the previous year.
THE consolidated revenues amount to 3 million euros, with a 35% increase compared to the first half of the 2022/23 financial year. Direct revenues increased by 41%, going from 1.8 million euros to 2.6 million euros. Indirect ones increased by 4%, going from 376 thousand euros to 391 thousand euros. EBITDA it stood at -272 thousand euros, showing an improvement compared to the previous year of approximately 34%.

The NFP of the group as of 31.12.2023 it is 1.3 million euros (net debt), an increase compared to 532 thousand euros as of 30.06.2023.

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