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VSC - 4Sc AG News Story

€1.35 -0.0  -2.9%

Last Trade - 8:02am

Sector
Healthcare
Size
Small Cap
Market Cap £60.1m
Enterprise Value £30.5m
Revenue £1.93m
Position in Universe 805th / 1044

BRIEF-4Sc Estimates Current Funds Should Be Sufficient To Finance Co Into H2 2022

Tue 20th April, 2021 6:33am
April 20 (Reuters) - 4SC AG  VSCk.DE :
    * AS OF 31 MARCH 2021, 4SC HOLDS CASH BALANCE/FUNDS OF EUR
31.588
MILLION AS COMPARED TO EUR 36.203 MILLION AS OF 31 DECEMBER 2020
    * MONTHLY USE OF CASH FROM OPERATIONS AMOUNTED TO EUR 1.538
MILLION ON AVERAGE IN Q1 OF 2021 (Q1 2020: EUR 1.677 MILLION)
AND WAS BELOW RANGE OF EUR 2.2 MILLION AND EUR 2.7 MILLION
FORECAST FOR 2021
    * ESTIMATES THAT CURRENT FUNDS SHOULD BE SUFFICIENT TO
FINANCE 4SC
INTO SECOND HALF OF 2022

Source text for Eikon:  ID:nPexMvz7ka 
Further company coverage:  VSCk.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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