(Finance) – The Board of Directors of Unidata approved the 2023 budget which ended with Revenues reported consolidated totals, equal to 93.3 million, and pro forma consolidated total revenues, equal to 100.7 million, up respectively by 82% and 96% compared to 2022 (51.3 million),
The reported EBITDA, equal to 22.4 million, and the pro forma EBITDA, equal to 24.1 million, increased respectively by approximately 38% and 48% compared to the 2022 result (16.2 million). The reported Adjusted EBITDA, calculated net of extraordinary costs relating to consultancy for the acquisition of the TWT Group and for the finalization of the Translisting equal to approximately 2 million, is equal to approximately 24.4
million (+50% compared to 2022) with a reported Adjusted EBITDA Margin of 26.1%. As regards the pro forma Adjusted EBITDA, it is equal to 26.1 million (+61% compared to the same period in 2022) with a pro forma Adjusted EBITDA Margin of 25.9%.
The Operating income (EBIT) reported, is equal to 12.3 million, and the pro forma Operating Result, is equal to 13.7 million, recorded an increase of 14% and 28% respectively compared to 2022 (€10.7 million) .
L’Adjusted EBIT reported, net of extraordinary costs, amounted to €14.3 million (+33% compared to 2022) with a reported Adjusted EBIT Margin of 15.3%. The pro forma Adjusted EBIT is equal to €15.7 million (+46% compared to 2022) with a pro forma Adjusted EBIT Margin of 15.6%.
The Reported operating result, equal to a profit of €6.7 million, decreased compared to the result recorded in 2022 (€7.5 million), due to the significant increase in financial charges due to the financing for the acquisition of the TWT Group. The pro forma operating result was instead equal to €7.7 million, an increase compared to the 2022 figure.
L’Net Financial Debt for ESMA purposes it is equal to €47.9 million compared to €9.6 million at 31 December 2022; the Net Financial Debt, for the purposes of calculating the financial covenants in place, is equal to €46.7 million. The increase, compared to the previous year, is mainly linked to the loan stipulated for the acquisition of the TWT Group amounting to approximately €40.0 million and to the contributions to the investees Unifiber and Unitirreno.