(Finance) – Itwaya company listed on Euronext Milan and active in the IT, Cyber Security, AI and Big Data sector, closed the first quarter of 2022 with consolidated revenues equal to 9.4 million euros, compared to 10.3 million euros in the same period of the previous year, of which 89% produced abroad. It is emphasized that the deceleration in demand between February and March 2022 was caused by the slowdown due to the increase in Covid cases Omicron (which has postponed the approval of some orders to subsequent quarters) and by the systemic slowdowns caused by the war in Ukraine.
L’EBITDA was equal to 610 thousand euros, compared to 818 thousand euros in the same period of 2021. Il pre-tax result was positive for 292 thousand euros, compared to 865 thousand euros in the first three months of 2021. net financial position (NFP) of the Ravenna group has improved by 260 thousand euros compared to 31 December 2021, settling at +574 thousand euros, while the NFP of the parent company sees an improvement of about 209 thousand euros compared to 31 December 2021, settling at -284 thousand euros EUR.