(Finance) – Deodato.Gallerya group active in the contemporary art market and listed on Euronext Growth Milan, closed on 2023 with Revenues from sales and services equal to 10.4 million euros, up 10.2% compared to the figure at 31 December 2022 of 9.4 million euros. L’EBITDA is equal to 530 thousand euros, compared to 1.9 million euros in the financial year ended 31 December 2022. Net income is 5 thousand euros, compared to the figure for the 2022 financial year, equal to 1.1 million euros.
“Deodato.Gallery’s turnover grew by 10.2% a confirmation of commercial development – commented theAD Deodato Salafia – In a previous hypothesis of market growth the forecasts were indeed even rosier. In 2023, all marketing KPIs as well as the perception of the brand on the market grew considerably. Deodato Arte is today a leader, in fact a privileged interlocutor, for mass market brands that are looking for partners with art related projects”.
L’net financial debt as at 31 December 2023 it is equal to 1.5 million euros; as of 31 December 2022 the figure was 882 thousand euros.