(Alliance News) - The board of ISCC Fintech Spa on Thursday approved the financial report as of Dec. 31, 2023, closing with a net loss of EUR3.4 million compared to a loss of EUR33,000 in the previous year.

Revenues were EUR2.7 million compared to EUR4.8 million as of Dec. 31, 2022.

Ebitda was negative and EUR2.3 million compared to EUR952,000 in the previous year.

Shareholders' equity as of Dec. 31, 2023 amounted to EUR11.0 million of which EUR10.9 million was attributable to the group and EUR55,823 was attributable to minority interests, compared to the shareholders' equity recognized at the end of last year of EUR14.4 million.

ISCC closed Thursday's session in the green by 1.4 percent at EUR2.88 per share.

By Maurizio Carta, Alliance News reporter

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