Eprcommunication, 2022 pro-forma revenues at 8.1 million. Declining profitability

Justbit wins Open Fiber Digital Communication 2023 tender

(Tiper Stock Exchange) – Eprcommunicationa company listed on Euronext Growth Milan and active in communication and public relations, closed the 2022 with revenues for 5.18 million euros (+1% compared to the previous year), a EBITDA of 309 thousand euros (-28% for quotation costs and increase in personnel costs) and a Net income of 14 thousand euros (-33%).

THE pro forma results (to retroactively reflect the effects of the Justbit acquisition) see revenues of 8.1 million euros (+8.6%) and an EBITDA of 1.1 million euros (-7.5%).

At the end of 2022 the net financial position is positive for 1.06 million euros, compared to the debt of 55 thousand euros at the end of 2021.

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