Tweppy, EBITDA goes positive in 2023. Revenues down

doValue Mediobanca confirms Outperform and TP

(Finance) – Tweppya company listed on Euronext Growth Milan and operating in real estate renovation services, has registered sales revenue and performance as at 31 December 2023 equal to 1,687 thousand euros, -4.52% compared to the same period of the previous year (1,767 thousand euros).

L’EBITDA it was equal to 118 thousand euros, +167.88% compared to the same period of the previous year which was negative for 174 thousand euros.

There Net Financial Position at 31 December 2023 it is equal to 901 thousand euros (net debt), compared to 1,085 thousand (net debt) at 30 June 2023 and -577 thousand (net cash) at 31/12/2022.

(Photo: Priscilla Du Preez on Unsplash)

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