(Finance) – The BoD of solidworld approves the consolidated financial statements as at 31 December 2022 which close with an EBITDA of Euro 4 million, up by 5.2% compared to Euro 3.8 million as at 31 December 2021. Adjusted EBITDA stands at 4.1 million , with Adjusted Ebitda margin equal to 6.7% (Euro 4.1 million as at 31 December 2021 and as at 31 December 2021 pro-forma, with an incidence on both equal to 7.0%), includes extraordinary income and expenses ( including capital gains and losses) the net of which is equal to Euro 0.08 million (Euro 0.27 million as at 31 December 2021 and as at 31 December 2021 pro-forma).
L’EBIT is equal to Euro 1.4 million, after depreciation and provisions for a total of Euro 2.6 million (Euro 1.2 million at 31 December 2021 and at 31 December 2021 pro-forma). The Operating result is equal to Euro 0.1 million (Euro -0.2 million as at 31 December 2021 and Euro -0.1 million as at 31 December 2021 pro-forma).
Net financial debt (debt) is equal to Euro 12.3 million as at 31 December 2022, compared to Euro 15.3 million as at 31 December 2021 and Euro 13.9 million as at 31 December 2021 pro-forma. The change compared to 31 December 2021 is mainly attributable to the reduction in current and non-current financial debt and the increase in other current assets.
The Board of Directors resolved to propose to the Shareholders’ Meeting the following allocation of the profit for the year, equal to Euro 195,435.99: Euro 9,771.80 to the legal reserve; for Euro 155,965.88 to cover losses carried forward; for Euro 29,698.31 to retained earnings.