Brief: Adocia Q3 Revenue Down At EUR 59,000

Adocia SA

20/10/2020 06:51

Oct 20 (Reuters) - ADOCIA SA  ADOC.PA :
    * ADOCIA ANNOUNCES THIRD QUARTER 2020 FINANCIAL RESULTS
    * CASH CONSUMPTION FOR FIRST NINE MONTHS OF 2020 WAS EUR 8.2
MILLION
    * AS OF SEPTEMBER 30, 2020, FINANCIAL DEBT AMOUNTED TO EUR
28
MILLION COMPARED TO EUR 21.2 MILLION AS OF DECEMBER 31, 2019
    * END-SEPTEMBER REVENUE EUR 59,000 VERSUS EUR 176,000 YEAR
AGO
    * IN AUG 2020, CO WAS GRANTED A STATE-GUARANTEED LOAN (PGE)
FOR
EUR 7 MILLION AND HAD A CASH POSITION OF EUR 35.5 MILLION AS OF
SEPTEMBER 30, 2020, COMPARED TO EUR 43.7 MILLION AS OF JANUARY
1, 2020
    * JAN-SEPT REVENUE EUR 0.7 MILLION VERSUS EUR 2.0 MILLION
YEAR AGO

Source text for Eikon:  ID:nBwbm6lR2a 
Further company coverage:  ADOC.PA 

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