(Finance) – As of June 30, 2023, i revenues Of TrenDevice they amount to Euro 8,164 thousand, down 15%, compared to Euro 9,603 thousand recorded in the first half of 2022; this decrease – explains the company in the accounting notes – is due to the abandonment of the sales channel relating to foreign marketplaces, characterized by margins that are too low compared to management’s expectations.
Despite the drop in revenues in the first half of 2023, EBITDA as of 30 June 2023 amounted to Euro 647 thousand, with a growth of 12,449%, compared to Euro 5 thousand recorded in the first half of 2022
There Net Financial Position at 30 June 2023 it amounted to Euro 5,854 thousand, compared to Euro 5,641 thousand at 31 December 2022 (+4%). The change is mainly due to the increase in both short-term and long-term financial debts.
The half-year ends with a loss of 516 thousand, a reduction compared to the red of 920 thousand at 30 June 2022.