Brief: Alchimie End-June Operating Loss Widens To 5.7 Million Euros

Alchimie SA

19/10/2021 17:04

Oct 19 (Reuters) - Alchimie SAS  ALCHI.PA :
    * END-JUNE CONSOLIDATED NET LOSS EUR 5.9 MILLION VERSUS LOSS
EUR
4.6 MILLION YEAR AGO
    * CASH POSITION AT 30 JUNE 2021 OF €8.5M
    * REVISION OF GROWTH ASSUMPTIONS IN THE NUMBER OF CHANNELS
AND
SUBSCRIBERS AND DELAY IN REACHING OPERATIONAL BREAKEVEN BY 12
MONTHS IN Q4 2023
    * H1 REVENUE EUR 15.6 MILLION VERSUS EUR 13.7 MILLION YEAR
AGO
    * END-JUNE OPERATING LOSS EUR 5.7 MILLION VERSUS LOSS EUR
4.7
MILLION YEAR AGO
    * COMPANY'S OBJECTIVE NOW TO REACH BREAKEVEN POINT, TO
GATHER
TOTAL OF 1.3 MILLION SUBSCRIBERS BY END OF 2023 WITH NEW
DISTRIBUTION MIX

Source text for Eikon:  ID:nNDL9Nm9Lx 
Further company coverage:  ALCHI.PA 

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