Industrial Stars of Italy 4, 1st half loss of 570 thousand euros

Tinexta results up in 2021

(Finance) – The SPAC Industrial Stars of Italy 4listed on Euronext Growth Milan since July 2021, closed the first half of the year with a loss of 570 thousand euros.The red is due to the difference between the financial income equal to 404 thousand euros and the depreciation of tangible and intangible fixed assets, which accounted for 373 thousand euros, as well as i running costs of management for 503 thousand euros.

Therefore, the first half of 2022 closes with a shareholders’ equity of 139.5 million and net cash and cash equivalents of 138.7 million.

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