International Care Company Reduces Half-Year Loss. Revenue Up 24%

International Care Company Reduces Half Year Loss Revenue Up 24

(Telestock) – International Care Company (ICC), an Italian company active in assistance services and listed on Euronext Growth Milan, has closed the first semester of 2024 with revenues for 3.947 million euros, up 24.1% compared to the same period of the previous year. All business lines are growing, with a significant increase in the strategic line linked to Digital Health DOC 24 equal to 51% of revenues (turnover +76.2%) compared to the same semester of 2023.

THE’EBITDA was equal to -0.09 million euros, an improvement of 0.359 million compared to the same period of the previous year (where -0.449 million was recorded). The net result was equal to -432 thousand euros, compared to -610 thousand euros at 30 June 2023.

“The constant commitment of recent years, not only to consolidate and expand relationships with important companies that are already our clients, but also aimed at finding new clients both nationally and internationally, has had a clear impact in this first half of the year – commented theCEO Gualtiero Ventura – However, we expect that the full potential of these partnerships and some projects will be fully realized in the coming financial years, considering the complex nature of the implementations and integrations, at the IT and operational level, as well as of the communication to the market”.

There Net financial position negative is equal to 164 thousand euros (cash positive), compared to a negative net financial position equal to 512 thousand euros at 31 December 2023.

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