(Finance) – Rocket Sharing Companya startup listed on Euronext Growth Milan that has developed a marketplace platform integrated with a loyalty system, closed 2023 with revenues of sales equal to 3.5 million euros (3.1 million in 2022), EBITDA equal to -0.7 million (-0.9 million in 2022), Net income equal to -1.2 million (-1.2 million in 2022). L’Net Financial Debt is equal to 0.9 million (cash positive of 0.7 million at 31 December 2022).
“We are satisfied with the work and results of 2023 – commented theCEO Luigi Maisto – We managed, as planned, to launch our platform and the Rocket sharing Club in March 2023, immediately garnering great interest and results above expectations and in a short time we were able to generate around 600 thousand euros in revenues, placing the foundations for a project that demonstrates great interest in the entrepreneurial world and is highly scalable. Our subsidiary Stantup has developed revenues higher than expected and is projected to achieve very important results in 2024-2026, also thanks to the order with Fastweb”.
“We decided to sell the energy sales activities, which did not generate profitability and as foreseen in the development plans since the IPO, managing, despite this, to absorb the loss of 1.7 million in revenues – he added – We are ready after 2 years of investments, in line with the nature of a start up, to reap the fruits of a business approach over the next three years that will give us great satisfaction. Our business model will be based on a recurring value of revenues from both the parent company and the subsidiary and we are confident that we can now focus on the development of the B2B community and be able to give great satisfaction to our shareholders in the coming years”.
(Photo: Scott Graham on Unsplash)